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 |
| 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 |
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
| Retail (Min) | 1 | 85 | ₹14,195 |
| Retail (Max) | 14 | 1190 | ₹1,98,730 |
| S-HNI (Min) | 15 | 1275 | ₹2,12,925 |
| S-HNI (Max) | 70 | 5950 | ₹9,93,650 |
| B-HNI (Min) | 71 | 6035 | ₹10,07,845 |
Financial Information
| Assets | 304.44 | 302.57 | 298.76 |
| Total Income | 72.40 | 94.47 | 79.05 |
| Profit After Tax | 13.11 | 23.42 | 18.05 |
| EBITDA | 21.62 | 35.31 | 25.13 |
| NET Worth | 179.71 | 168.09 | 150.54 |
| Reserves and Surplus | 163.95 | 152.34 | 134.79 |
| Total Borrowing | 18.47 | 5.71 | 3.54 |
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 |
| Price to Book Value | 1.46 |
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
: 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
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Day Wise GMP
| 25-09-2026 | 167 | 12 (7.19%) | 179 |
| 24-09-2026 | 167 | 12 (7.19%) | 179 |
| 23-09-2026 | 167 | 10 (5.99%) | 177 |
IPO Reservation
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
