Shah Investor's Home IPO Logo

Shah Investor's Home IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Sep 28 to Sep 30 2026
Price Band ₹159 - 167
Current GMP ₹171.0 (+2.40%)
Subscription 38.12 times

IPO Details

IPO Date
28 to 30 Sep, 2026
Listing Date
Tue, Oct 6, 2026
Face Value
₹ 10 per share
Price Band
₹159 to ₹167
Issue Price
₹167 per share
Lot Size
85 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Total Issue Size
53,99,200 shares (agg. up to ₹ 90 Cr)
Fresh Issue
53,99,200 shares (agg. up to ₹ 90 Cr)
Share Holding Pre Issue
1,57,54,000 shares
Share Holding Post Issue
2,11,53,200 shares
BSE Script Code / NSE Symbol
544963 /
ISIN
INE029N01014

IPO Subscription Details

Anchor
1
QIB (Ex Anchor)
28.05
NII
95.54
bNII (> ₹10L)
105.15
sNII (< ₹10L)
76.32
Retail
19.26
Total **
38.12

Day Wise Sub

DaySep 2 8 (Day 1)
QIB (Ex Anchor)0.50
NII0.25
NII (> ₹10L)0.12
NII (< ₹10L)0.53
Retail0.24
Total0.32
DaySep 2 9 (Day 2)
QIB (Ex Anchor)1.08
NII1.59
NII (> ₹10L)1.37
NII (< ₹10L)2.04
Retail0.90
Total1.10
DaySep 3 0 (Day 3)
QIB (Ex Anchor)28.05
NII95.54
NII (> ₹10L)105.15
NII (< ₹10L)76.32
Retail19.26
Total38.12

Day Wise GMP

GMP Date06-10-2026
IPO Price167
GMP17 (10.18%)
Est. Listing Price184
GMP Date05-10-2026
IPO Price167
GMP17 (10.18%)
Est. Listing Price184
GMP Date04-10-2026
IPO Price167
GMP17 (10.18%)
Est. Listing Price184
GMP Date03-10-2026
IPO Price167
GMP15.5 (9.28%)
Est. Listing Price182.5
GMP Date02-10-2026
IPO Price167
GMP15.25 (9.13%)
Est. Listing Price182.25
GMP Date01-10-2026
IPO Price167
GMP12 (7.19%)
Est. Listing Price179
GMP Date30-09-2026
IPO Price167
GMP12.5 (7.49%)
Est. Listing Price179.5
GMP Date29-09-2026
IPO Price167
GMP15 (8.98%)
Est. Listing Price182
GMP Date28-09-2026
IPO Price167
GMP14 (8.38%)
Est. Listing Price181
GMP Date27-09-2026
IPO Price167
GMP9 (5.39%)
Est. Listing Price176
GMP Date26-09-2026
IPO Price167
GMP9 (5.39%)
Est. Listing Price176
GMP Date25-09-2026
IPO Price167
GMP12 (7.19%)
Est. Listing Price179
GMP Date24-09-2026
IPO Price167
GMP12 (7.19%)
Est. Listing Price179
GMP Date23-09-2026
IPO Price167
GMP10 (5.99%)
Est. Listing Price177

IPO Important Dates

IPO Open
Mon, Sep 28, 2026
IPO Close
Wed, Sep 30, 2026
Allotment
Thu, Oct 1, 2026
Refund
Mon, Oct 5, 2026
Credit of Shares
Mon, Oct 5, 2026
Listing
Tue, Oct 6, 2026

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares85
Amount₹14,195
ApplicationRetail (Max)
Lots14
Shares1190
Amount₹1,98,730
ApplicationS-HNI (Min)
Lots15
Shares1275
Amount₹2,12,925
ApplicationS-HNI (Max)
Lots70
Shares5950
Amount₹9,93,650
ApplicationB-HNI (Min)
Lots71
Shares6035
Amount₹10,07,845

Financial Information

Period EndedAssets
31 Mar 2026304.44
31 Mar 2025302.57
31 Mar 2024298.76
Period EndedTotal Income
31 Mar 202672.40
31 Mar 202594.47
31 Mar 202479.05
Period EndedProfit After Tax
31 Mar 202613.11
31 Mar 202523.42
31 Mar 202418.05
Period EndedEBITDA
31 Mar 202621.62
31 Mar 202535.31
31 Mar 202425.13
Period EndedNET Worth
31 Mar 2026179.71
31 Mar 2025168.09
31 Mar 2024150.54
Period EndedReserves and Surplus
31 Mar 2026163.95
31 Mar 2025152.34
31 Mar 2024134.79
Period EndedTotal Borrowing
31 Mar 202618.47
31 Mar 20255.71
31 Mar 20243.54

Key Performance Indicator

ROE
7.59%
ROCE
10.61%
Debt/Equity
0.10
RoNW
7.35%
PAT Margin
18.24%
EBITDA Margin
30.24%
NAV
114.07
P/B (x)
1.46

IPO Reservation

QIB
26,99,600
− Anchor Investor
16,19,760
− QIB (Ex. Anchor)
10,79,840
NII (HNI)
8,09,880
− bNII > ₹10L
5,39,920
− sNII < ₹10L
2,69,960
Retail
18,89,720
Total
53,99,200

Information about company

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. Competitive Strengths

Objectives of IPO

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: #: Issue Objects 1: Funding working capital requirements of the Company 2: General Corporate Purposes 3: Issue Expenses : Total

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App