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Home/IPO/Shah Investor's Home IPO
Updated: 29-Sep 22:37
Shah Investor's Home

Shah Investor's Home IPO

OpenIPO

Listing at: BSE, NSE • 810, X-Change PlazaDSCCSL (53E), Road 5EBlock 53, Zone 5, Gift CityGandhinagar, Gujarat, 382050

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹15 (8.98%)
Rating:2/5
Est. Listing Price
₹182
Est. Gain: +9.0%
Est. Profit / Lot
₹1,275
Per Retail Application
Price Band
₹167
Face Value: ₹10
Min. Retail Inv.
₹14,195
Lot: 85 Shares
Total Subscription
1.1x
Anchor: Yes

Shah Investor's Home IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
29 Sept 2026₹167+₹158.98%+₹1,2751.1x↑ Up
28 Sept 2026₹167+₹148.38%+₹1,1900.32x↑ Up
27 Sept 2026₹167+₹95.39%+₹765-↓ Down
26 Sept 2026₹167+₹127.19%+₹1,020-Flat
25 Sept 2026₹167+₹127.19%+₹1,020-Flat
24 Sept 2026₹167+₹127.19%+₹1,020-↑ Up
23 Sept 2026₹167+₹105.99%+₹850-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Shah Investor's Home IPO Details

IPO Date28 Sept 2026 to 30 Sept 2026
Listing AtBSE, NSE
Face Value₹10 per share
Price Band₹167
Lot Size85 Shares
Total Issue Size₹90.17 Cr(₹1,255.57 Cr)
Fresh Issue53.99L shares (₹90 Cr)
Offer for Sale (OFS)Nil
Issue TypeBook Built Issue IPO

Shah Investor's Home IPO Timetable

IPO Open Date28 Sept 2026
IPO Close Date30 Sept 2026
Basis of Allotment01 Oct 2026
Initiation of Refunds05 Oct 2026
Credit of Shares to Demat05 Oct 2026
Listing Date06 Oct 2026
Cut-off time for UPI Mandate5 PM on 30 Sept 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Shah Investor's Home IPO Reservation

CategoryReservationShares Offered
Anchor Shares Offered30.00%16,19,760
QIB Shares Offered20.00%10,79,840
HNI Shares Offered15.00%8,09,880
Retail Shares Offered35.00%18,89,720
Total Shares Offered100.00%53,99,200

Shah Investor's Home Anchor Details

PDF
Anchor Bid Date25 Sept 2026
Anchor Shares Offered16,19,760 Shares
Total Anchor Portion₹27.05 Cr
Lock-in 50% End Date31 Oct 2026 (30 Days)
Lock-in Rem. 50% Date30 Dec 2026 (90 Days)

Shah Investor's Home IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Retail (Min)1 Lot Shares₹14,195–
Retail (Max)14 Lots Shares₹1,98,730–
S-HNI (Min)15 Lots Shares₹2,12,925–
S-HNI (Max)70 Lots Shares₹9,93,650–
B-HNI (Min)71 Lots Shares₹10,07,845–

Shah Investor's Home Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Shah Investor's Home IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:1.1x
03:31 am
Investor CategoryShares OfferedShares BiddedSubscription Times
QIBs10,79,8405,38,9000.50x
HNIs8,09,8802,07,4850.26x
↳ HNIs 10+5,39,92063,3250.12x
↳ HNIs 2+2,69,9601,44,1600.53x
Retail18,89,7204,68,0100.25x
Total37,79,44012,14,3950.32x
QIBs1890.50x
FIIs––0.00x
DIIs––0.00x
Mutual funds––0.00x
Others–90.00x
HNIs1430.26x
↳ HNIs 10+910.12x
↳ HNIs 2+520.53x
Retail3280.25x
Total63200.32x

Shah Investor's Home Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
31 Mar 2026₹304.44 Cr₹72.40 Cr₹13.11 Cr₹21.62 Cr₹179.71 Cr₹18.47 Cr
30 Mar 2026₹304.44 Cr₹72.40 Cr₹13.11 Cr₹21.62 Cr₹179.71 Cr₹18.47 Cr
31 Mar 2025₹302.57 Cr₹94.47 Cr₹23.42 Cr₹35.31 Cr₹168.09 Cr₹5.71 Cr
30 Mar 2025₹302.57 Cr₹94.47 Cr₹23.42 Cr₹35.31 Cr₹168.09 Cr₹5.71 Cr
31 Mar 2024₹298.76 Cr₹79.05 Cr₹18.05 Cr₹25.13 Cr₹150.54 Cr₹3.54 Cr
30 Mar 2024₹298.76 Cr₹79.05 Cr₹18.05 Cr₹25.13 Cr₹150.54 Cr₹3.54 Cr

Shah Investor's Home Key Valuation & Financial KPIs

ROE7.59%
ROCE10.61%
Debt / Equity0.10x
P/E (Post IPO)26.94
EBITDA Margin30.24%
Market Cap₹353.3 Cr

Shah Investor's Home IPO Analysis

Review the company's key advantages and material business risks.

Strengths & Positives

Competitive advantages and operational merits

  • Incorporated in 1994, Shah Investor's Home Ltd. is a retail broking company offering equity and derivatives brokerage services. Its services facilitate the buying and selling of financial products including equities, IPOs, mutual funds and other securities.

  • The company primarily focuses on secondary market broking services for retail customers, including resident and non-resident Indians. In addition to executing buy and sell orders, it provides mutual fund distribution, margin funding, and stock lending and borrowing services under the “Shah Investors” brand.

  • As of March 31, 2025, the company served more than 100,000 demat accounts, with over 37,810 active clients and a network of more than 184 authorised persons. It operates through 11 branches across Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar and Rajkot.

  • Strong Regional Clientele: The company has built a sizeable retail client base across Gujarat and maintains a strong regional presence. Its network extends across multiple cities in Gujarat along with Mumbai.

  • Financial & Operating Track Record: Shah Investor's Home has a track record of financial performance and operating efficiency. Its established presence since 1994 provides experience in the retail broking business.

  • Technology-Enabled Services: The company leverages technology to enhance client satisfaction and facilitate its brokerage and financial services. This supports its ability to serve retail customers across its branch and authorised-person network.

  • Dependence on Broking Revenue & Gujarat: The broking segment contributed 64.78%, 68.90% and 71.60% of revenue in Fiscal 2026, 2025 and 2024, respectively. A significant portion of this revenue came from Gujarat, which contributed 93.74%, 93.30% and 93.53%, respectively, making the company exposed to any reduction in broking revenue or adverse developments in its key geographical market.

  • Dependence on Authorised Persons: The company relies significantly on its network of Authorised Persons for business operations and expansion. Loss of a significant number of Authorised Persons or an inability to expand the network could adversely affect its business, and the company may also be liable for certain lapses by its Authorised Persons.

About Shah Investor's Home Limited

Shah Investor's Home IPO is a book build issue of ₹90.17 crores. The issue is entirely a fresh issue of 53.99 lakh shares of ₹90.17 crore.Shah Investor's Home IPO bidding opened for subscription on Sep 28, 2026 and will close on Sep 30, 2026. The allotment for the Shah Investor's Home IPO is expected to be finalized on Oct 1, 2026. Shah Investor's Home IPO will list on NSE and BSE with a tentative listing date fixed as Oct 6, 2026.Shah Investor's Home IPO is set issue price band at ₹159 to ₹167 per share. The lot size for an application is 85 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,195 (85 shares) (based on upper price).Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.Refer to Shah Investor's Home IPO RHP for detailed Information.

Incorporated in October 1994, Shah Investor’s Home Limited is a retail broking company providing a range of financial services, with over three decades of experience in the securities market. The Company primarily offers equity and derivatives brokerage services, facilitating the buying and selling of equities, IPOs and other securities for retail customers, including resident and non-resident Indians. In addition to its core brokerage operations, the Company provides mutual fund distribution, margin funding, and stock lending and borrowing (SLB) services under the brand name “Shah Investors”. As of March 31, 2026, the Company had served over 1,00,000 demat accounts, with more than 38,000 active clients and a network of over 181 authorised persons. The Company operates through 11 branches across Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar and Rajkot, with its branch and authorised-person network primarily serving customers across Gujarat and Maharashtra. The Company started its operations as a Trading Member of the National Stock Exchange of India Limited in 1995 and registered as a Depository Participant with NSDL in 1997. The Company has progressively adopted technology across its operations. It implemented a VMWare-based virtualised environment in 2007, launched its digital app-based platform “SIHL Moneymaker” in 2023, and had over 12,452 active registered users as of March 31, 2026. It also operates an in-house ERP system across its branches and franchises. In Fiscal 2026, the Company launched “ALGOFY”, an API-powered algorithmic trading platform that enables strategy development, testing, deployment, automation and management through APIs, pre-built strategies and a no-code interface.The Company is supported by an experienced management team and focuses on building long-term client relationships while expanding its retail and HNI customer base. As of July 31, 2026, the Company had 167 permanent employees across accounts, compliance, demat, helpdesk, research, IT, MTF & SLB, sales, trading and other functions. • Sizeable retail clientele across Gujarat. • Established branch and authorised-person network. • Digital platforms including SIHL Moneymaker and ALGOFY. • Technology-enabled trading and client-service infrastructure. • Integrated brokerage model with long-term client relationships. • Long-standing experience in retail broking and financial services.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio6.07%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Shah Investor's Home IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
MUFG Intime India Pvt.Ltd.Live Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Shah Investor's Home IPO Registrar & Lead Managers

Registrar of the Issue
MUFG Intime India Pvt.Ltd.
022-49186000
Book Running Lead Managers (BRLM)
  • Beeline Capital Advisors Pvt.Ltd.
Registered Office

810, X-Change PlazaDSCCSL (53E), Road 5EBlock 53, Zone 5, Gift CityGandhinagar, Gujarat, 382050