Mumbai: Mumbai- and Jaipur-based GenXAI Analytics, a technology-driven enterprise performance and analytics solutions provider, has announced its SME initial public offering (IPO), which will open on June 5, 2026, with the aim of raising Rs 54.66 crore.

The company's shares will be listed on the NSE Emerge platform.

The IPO will close on June 9, 2026.

GenXAI provides diversified technology solutions to corporates, primarily in the BFSI sector and consumer-focused companies, spanning ERP, EPM, data engineering and analytics, application development, and generative AI solutions.

The price band for the public issue has been fixed at Rs 110 to Rs 116 per equity share of face value Rs 10 each.

The net proceeds from the IPO will be used for capital expenditure, debt repayment, and working capital requirements.