Grey Market Premium
Estimated listing gains (Live)
+5 (4.3%)Per Share
Financial Summary
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 72.79 | 23.61 | 11.33 | 6.75 |
| Total Income | 64.47 | 28.88 | 24.21 | 16.61 |
| Profit After Tax | 13.31 | 6.55 | 2.65 | 0.84 |
| EBITDA | 18.97 | 10.03 | 4.13 | 1.42 |
| NET Worth | 30.74 | 11.03 | 4.43 | 1.77 |
| Reserves and Surplus | 19.19 | 11.30 | 4.23 | 1.58 |
| Total Borrowing | 16.07 | 7.27 | 4.11 | 0.82 |
IPO Details
| IPO Date | 5 to 9 Jun, 2026 |
|---|---|
| Listing Date | Fri, Jun 12, 2026 T |
| Face Value | ₹ 10 per share |
| Price Band | ₹110 to ₹116 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Employee Discount | ₹ 10.00 |
| Total Issue Size | 47,28,000 shares (agg. up to ₹ 55 Cr) |
| Reserved for Market Maker | 2,40,000 shares (agg. up to ₹ 3 Cr) Choice Equity Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 44,88,000 shares (agg. up to ₹ 52 Cr) |
| Net Offered to Public | 44,88,000 shares (agg. up to ₹ 52 Cr) |
| Share Holding Pre Issue | 1,32,15,610 shares |
| Share Holding Post Issue | 1,79,43,610 shares |
Issue Reservation
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,54,000 | 50.00% | 45.56% |
| − Anchor Investor Shares Offered | 12,92,400 | - | 27.34% |
| − QIB (Ex. Anchor) Shares Offered | 8,61,600 | - | 18.22% |
| NII (HNI) Shares Offered | 6,46,200 | 15.00% | 13.67% |
| − bNII > ₹10L | 4,30,800 | - | 9.11% |
| − sNII < ₹10L | 2,15,400 | - | 4.56% |
| Retail Shares Offered | 15,07,800 | 35.00% | 31.89% |
| Market Maker Shares Offered | 2,40,000 | - | 5.08% |
| Total Shares Offered | 47,28,000 | 100.00% | 100.00% |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,78,400 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,78,400 |
| S-HNI (Min) | 3 | 3,600 | ₹4,17,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,74,400 |
| B-HNI (Min) | 8 | 9,600 | ₹11,13,600 |
| Employee (Min) | 2 | 2,400 | ₹2,78,400 |
| Employee (Max) | 3 | 3,600 | ₹4,17,600 |
IPO Anchor Investors
| Bid Date | Thu, Jun 4, 2026 |
|---|---|
| Shares Offered | 12,92,400 |
| Anchor Portion (₹ Cr.) | 14.99 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jul 30, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Sep 28, 2026 |
Investor Category Reservations
| Application Category | Bidding Limits |
|---|---|
| Only Individual investor (retail) | 2 lots |
| Only sNII | 3 lots - 7 lots |
| Only bNII | 8 lots and above |
| Only employee | 2 lots - 3 lots |
| Employee + RII/NII | 1. Employee limit: 2 lots - 3 lots AND 2. If applying as RII: 2 lots OR 2. If applying as sNII: 3 lots - 7 lots OR 2. If applying as bNII: 8 lots and above |
Recently Listed IPOs in IT - Software
| Company | Issue Type | Issue Size | Issue Price | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|
| Methodhub Software Ltd. | SME | ₹102.49 Cr | ₹194 | ₹162.90 | -16.03% | ₹88.10 ( -3.24% ) |
| Logiciel Solutions Ltd. | SME | ₹39.90 Cr | ₹193 | ₹146.70 | -23.99% | ₹43.45 ( +3.92% ) |
| Workmates Core2Cloud Solution Ltd. | SME | ₹69.84 Cr | ₹204 | ₹368.25 | +80.51% | ₹308.30 ( -0.23% ) |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 7.20 |
| 2 | Repayment and / or prepayment in part or full of its outstanding borrowings | 3.00 |
| 3 | Capital expenditure to meet expenses for development of new products | 28.37 |
| 4 | General Corporate Purposes | |
| Total | 38.57 |
Key Performance Indicator (KPI)
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROCE | 51.33% | 70.26% |
| Debt/Equity | 0.52 | 0.66 |
| RoNW | 51.04% | 85.49% |
| PAT Margin | 16.58% | 23.16% |
| EBITDA Margin | 29.52% | 35.14% |
| Price to Book Value | 4.99 | 13.88 |
Pre/Post IPO Valuation
| Parameter | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.96 | 9.89 |
| P/E (x) | 23.41 | 11.73 |
| Promoter Holding | 90.28% | 66.49% |
| Market Cap | ₹ 208.15 Cr. | - |
Genxai Analytics IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 1 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.50 | 8,61,600 | 4,32,000 | 1 |
| NII * | 1.60 | 6,46,200 | 10,32,000 | 148 |
| bNII (> ₹10L) | 1.72 | 4,30,800 | 7,41,600 | - |
| sNII (< ₹10L) | 1.35 | 2,15,400 | 2,90,400 | - |
| Individual Investor | 1.10 | 15,07,800 | 16,63,200 | 693 |
| Total | 1.02 | 31,95,600 | 32,64,000 | 886 |

