New Delhi, June 12 -- Genxai Analytics share price made a weak debut in the Indian stock market today, 12 June, as it got listed at Rs.92.80 apiece on NSE SME, a discount of 20% over its initial public offering (IPO) price of Rs.116.

The listing underperformed Street expectations, as seen from the grey market premium (GMP). Genxai Analytics IPO GMP stood at Rs.1 per share, which indicated a likely listing price of Rs.117 - a premium of just 0.86% to offer price.

The SME IPO was subscribed 16.99 times in 3 days of bidding.

The Retail Individual Investors segment was booked 12.59 times, while the Non Institutional Investors (NII) category was subscribed 30.92 times. The Qualified Institutional Buyers (QIBs) category received 17.58 times ...