Shah Investor's Home IPO
GMP, Subscription, Price, Dates & Financial Details
Finance - Investment
Incorporated in 1994, Shah Investor's Home Limited is a retail broking company engaged in providing a wide range of equity and derivatives brokerage services. Operating under its brand name “Shah Investors”, the company enables customers to participate in capital markets through multiple investment…
Open Date
Mon, 28 Sep 2026
Close Date
Wed, 30 Sep 2026
Price Band
₹ 159 – 167
Lot Size
85
Issue Size
₹ 90.17 Cr
Minimum Investment
₹ 14,195 (85 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shah Investor's Home IPO is set to open its Initial Public Offering (IPO) for subscription on September 28, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹90.17 Crore, comprising a fresh issue of 53.99 Lakh equity shares aggregating to ₹90.17 Crore.
The Shah Investor's Home IPO will open for subscription on September 28, 2026, and close on September 30, 2026. The basis of allotment is expected to be finalized on October 01, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on October 06, 2026.
The company has fixed the price band at ₹159 to ₹167 per share, with a lot size of 85 shares. Retail investors will require a minimum investment of ₹14,195 (based on the upper price band) to apply for one lot.
MUFG Intime India Pvt Ltd is the registrar to the issue. JDA Capital Services Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Shah Investor's Home IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 30, 2026.
Shah Investor's Home IPO Timeline (Tentative)
- IPO Open Date
- Mon, 28 Sep 26
- IPO Close Date
- Wed, 30 Sep 26
- Basis of Allotment
- Thu, 01 Oct 26
- Initiation of Refunds
- Mon, 05 Oct 26
- Credit of Shares to Demat
- Mon, 05 Oct 26
- Listing Date
- Tue, 06 Oct 26 — BSE & NSE
Open Date
28 September 2026
Close Date
30 September 2026
Basis Of Allotment
01 October 2026
Listing Date
06 October 2026
IPO Subscription
Check Live Subscription →The Shah Investor's Home IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 28 September 2026
IPO Reservations
Reservation Details Are not Available until IPO Opens.
Reservation figures are shown once IPO opens.
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 304.44 | 302.57 | 298.76 |
| Revenue | 72.4 | 94.47 | 79.05 |
| Profit After Tax | 13.11 | 23.42 | 18.05 |
| Net Worth | 179.71 | 168.09 | 150.54 |
| Reserve & Surplus | 163.95 | 152.34 | 134.79 |
| Total Borrowings | 18.47 | 5.71 | 3.54 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shah Investor's Home Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 7.59 | 14.68 | 13.38 |
| ROCE % | 10.61 | 20.35 | 16.77 |
| Debt / Equity | 0.1 | 0.03 | 0.02 |
| RoNW % | 7.35 | 13.91 | 11.91 |
| Pat Margin % | 18.24 | 24.76 | 22.69 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Company Name EPS (Basic) EPS (Diluted) NAV (₹ per share) P/E (x) RoNW (%) P/BV Ratio Financial statements Shah Investor's Home Ltd | 10 | 0 | 8.38 | 8.38 | 7.35 | 114.07 |
| SMC Global Securities Ltd | 2 | 16.28 | 4.87 | 4.87 | 7.82 | 62.27 |
| Share India Securities Ltd | 2 | 11.68 | 14.79 | 14.76 | 12.28 | 120.41 |
| Arihant Capital Markets Ltd | 1 | 27.09 | 2.87 | 2.87 | 7.13 | 40.23 |
About Shah Investor's Home Limited
Incorporated in 1994, Shah Investor's Home Limited is a retail broking company engaged in providing a wide range of equity and derivatives brokerage services. Operating under its brand name “Shah Investors”, the company enables customers to participate in capital markets through multiple investment and trading avenues.
Service Portfolio
Equity & Derivatives Brokerage – Facilitating seamless buying and selling of equities and derivatives.
IPO Investments – Enabling participation in primary markets.
Mutual Fund Distribution – Offering access to a wide range of mutual fund products.
Margin Funding – Providing leverage solutions to investors.
Stock Lending & Borrowing – Enabling investors to optimize returns through lending and borrowing of securities.
Business Focus
The company primarily caters to retail investors, including both resident and non-resident Indians (NRIs), with a strong emphasis on secondary market brokering services. Beyond order execution, its services are designed to support long-term wealth creation for its clients.
Scale and Network
Demat Accounts: Over 100,000 demat accounts served.
Active Clients: More than 37,810 active clients as of March 31, 2025.
Partnerships: Associated with 184+ authorised persons.
Branch Network: 11 branches across India, including locations in Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar, and Rajkot.
Shah Investor's Home IPO Promoters
- Upendra Trikamlal Shah
- Purnima Upendra Shah
- Tanmay Upendra Shah
- Trupti Utpal Shah
Promoters Holding
Holding Pre Issue
84.34%
Holding Post Issue
0.00%
Shah Investor's Home IPO Objective
The Company Shah Investor's Home IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding working capital requirements of our Company
- General corporate purposes
Shah Investor's Home Limited Address / Contact Details
Shah Investor's Home Ltd.
810,X-Change Plaza,
DSCCSL (53E), Road 5E, Block 53,
Zone 5, Gift CityGandhinagar, Gujarat, 382050
Phone: +91 9904053335
Email: company.secretary@sihl.in
Website: http://www.sihl.in/
IPO Snapshot
Shah Investor's Home IPO Lot Size
The Shah Investor's Home IPO has a lot size of 85 shares. Retail investors require a minimum investment of ₹14,195 by applying for 1 lot (85 shares). The maximum application allowed for the retail category is 14 lots (1,190 shares), requiring an investment of ₹1,98,730.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 85 | 14,195.00 |
| Retail (Max) | 14 | 1,190 | 198,730.00 |
| S-HNI (Min) | 15 | 1,275 | 212,925.00 |
| S-HNI (Max) | 70 | 5,950 | 993,650.00 |
| B-HNI (Min) | 71 | 6,035 | 1,007,845.00 |
Issue Reservation
Book Running Lead Managers
- JDA Capital Services Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shah Investor's Home IPO?
Shah Investor's Home IPO is a Book-building IPO with a total issue size of ₹90.17 crore. The Shah Investor's Home IPO price band is ₹159 to 167 per share. The Shah Investor's Home IPO subscription opens on Mon, Sep 28, 2026, and closes on Wed, Sep 30, 2026. The Shah Investor's Home IPO will be listed on the BSE,NSE. MUFG Intime India Pvt Ltd is the registrar for the Shah Investor's Home IPO.
When will the Shah Investor's Home IPO open for subscription?
The Shah Investor's Home IPO opens on Mon, Sep 28, 2026 and closes on Wed, Sep 30, 2026
What is Shah Investor's Home IPO Price Band?
Shah Investor's Home IPO Price Band is ₹159 to 167 per share.
What is Shah Investor's Home IPO Lot Size?
Shah Investor's Home IPO lot size is 85 shares, Retail investors need a minimum investment of ₹14195 based on the upper price band
What is the minimum investment for Shah Investor's Home IPO?
The minimum investment for Shah Investor's Home IPO is ₹14195, based on one lot of 85 shares at the upper price band of ₹167 per share.
How to apply for Shah Investor's Home IPO?
Investors can apply for the Shah Investor's Home IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 30, 2026. The application amount remains blocked until the Shah Investor's Home IPO allotment is finalized.
What is Shah Investor's Home IPO Issue Size?
Shah Investor's Home IPO issue size is ₹90.17 crores.
What is the Shah Investor's Home IPO Allotment Date?
Shah Investor's Home IPO allotment date is Thu, Oct 1, 2026.
Who is the Shah Investor's Home IPO Registrar?
The registrar for Shah Investor's Home IPO is MUFG Intime India Pvt Ltd. Investors can go to MUFG Intime India Pvt Ltd website to check Shah Investor's Home IPO allotment status, refund processing, and other IPO-related information.
What is the Shah Investor's Home IPO GMP?
The Shah Investor's Home IPO GMP (Grey Market Premium) is ₹10 as of Wed, Sep 23, 2026. Based on the upper price band of ₹167 per share, the estimated Shah Investor's Home IPO listing price is ₹177, indicating a potential listing gain of approximately 5.99% over the issue price.
Who is the Shah Investor's Home IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shah Investor's Home IPO are JDA Capital Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shah Investor's Home IPO Red Herring Prospectus (RHP).