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Shah Investor's Home Limited IPO

28 Sept 2026 – 30 Sept 2026

GMP
▲ ₹17 (+10.2%)
Price Band
₹159 – ₹167
Issue Size
≈₹90.2 Cr
Lot Size
85
Min Investment
₹14,195
1 lot · 85 shares
Listed At
₹171 (+2.4%)

Share Price

Fetching…

One trading day so far — a chart starts from the second.

Issue Details

Price Band
₹159 – ₹167
Lot Size
85 shares
Min Investment
₹14,195 (1 lot · 85 shares)
Face Value
₹10
Fresh Issue
53,99,200 shares (to the company)
Issue Size
Initial Public Offer comprising of Fresh Issue up to 53,99,200 Equity Shares (including Anchor investor portion of 16,19,760 Equity Shares)

Timetable

Open
28 Sept 2026
Close
30 Sept 2026
Allotment
1 Oct 2026
Refunds
5 Oct 2026
Demat credit
5 Oct 2026
Listing
6 Oct 2026

GMP History

Latest GMP ₹17 · Last updated 7 Oct 2026, 11:51 am IST

₹9₹13₹17₹12 — 24 Sept 2026₹12 — 25 Sept 2026₹9 — 26 Sept 2026₹9 — 27 Sept 2026₹14 — 28 Sept 2026₹13 — 29 Sept 2026₹12.5 — 30 Sept 2026₹13 — 1 Oct 2026₹15.25 — 2 Oct 2026₹15.5 — 3 Oct 2026₹17 — 4 Oct 2026₹16.25 — 5 Oct 2026₹16.2524 Sept27 Sept1 Oct5 Oct
DateGMPGMP %ChangeEst. ListingUpdated (IST)
5 Oct₹16.25+9.7%−₹0.75₹183.25
4 Oct₹17+10.2%+₹1.5₹184
3 Oct₹15.5+9.3%+₹0.25₹182.5
2 Oct₹15.25+9.1%+₹2.25₹182.25
1 Oct₹13+7.8%+₹0.5₹180
30 Sept₹12.5+7.5%−₹0.5₹179.5
29 Sept₹13+7.8%−₹1₹180
28 Sept₹14+8.4%+₹5₹181
27 Sept₹9+5.4%—₹176
26 Sept₹9+5.4%−₹3₹176
25 Sept₹12+7.2%—₹179
24 Sept₹12+7.2%—₹179

Subscription

QIB1.08x
NII / HNI5.57x
Retail2.97x
Total30.97x

Category-wise bidding

CategoryOfferedBid forTimes
QIB10,79,84028.6%2,79,92,11525.92x
NII / HNI8,09,88021.4%6,61,48,02081.68x
bNII · bids above ₹10L5,39,92014.3%5,00,49,70092.7x
sNII · bids ₹2L–₹10L2,69,9607.1%1,60,98,32059.63x
Retail18,89,72050.0%2,28,97,72512.12x

Bids received on NSE, as at 30-Sep-2026 19:00:47 IST. The two NII rows are parts of the NII total above them, not additions to it.

Day-wise subscription

₹0₹16₹31₹0.31 — 28 Sept 2026₹1.1 — 29 Sept 2026₹30.966939546599495 — 30 Sept 202630.97x28 Sept29 Sept30 Sept
DateQIBNII / HNIRetailTotal
30 Sept———30.97x
29 Sept1.08x1.59x0.90x1.10x
28 Sept0.50x0.25x0.23x0.31x

Financials

All values in ₹ crore

79.05
2024
94.47
2025
72.40
2026

About Shah Investor's Home

Stockbroking & Allied

Incorporated in 1994, Shah Investor's Home Ltd. is retail brokering company that offers a range of services covering equity brokerage services and derivatives brokerage services. The company offer services facilitate the buying and selling of financial products such as equities, IPO investing, mutual funds distribution, and other securities. The company's primarily focus on providing secondary market brokering services to retail customers, comprising both resident and non-resident Indians. In addition to executing buy and sell orders, their business extends to offering mutual fund distribution, margin funding, and stock lending and borrowing services, which are carried out under the brand name “Shah Investors”. As of March 31, 2025, the company served over 100,000 demat accounts, with more than 37,810 active clients and partnerships with over 184 authorised persons. They conduct operations through 11 branches in India, located in Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar and Rajkot. Competitive Strengths: Sizeable clientele across Gujarat, with a strong regional presence Strong track record of financial performance and operating efficiency Leveraging technology to enhance client satisfaction Integrated brokerage model with long term client relationships

Promoters
Upendra Trikamlal Shah, Purnima Upendra Shah, Tanmay Upendra Shah, Trupti Utpal Shah

As published in the company's own offer documents.

Strengths

  • Sizeable clientele across Gujarat, with a strong regional presence
  • Strong track record of financial performance and operating efficiency
  • Leveraging technology to enhance client satisfaction
  • Integrated brokerage model with long term client relationships

As stated by the company in its prospectus — not our assessment.

The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.

Lead Managers

  • Beeline Capital Advisors Private Limited

Offer details

Application sizes

CategoryLotsSharesAmount
Retail (min)one lot, the smallest bid allowed185₹14,195
Retail (max)most that stays under ₹2L141,190₹1,98,730
S-HNI (min)first bid over ₹2L151,275₹2,12,925
S-HNI (max)most that stays under ₹10L705,950₹9,93,650
B-HNI (min)first bid over ₹10L716,035₹10,07,845

Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.

Issue mechanics

Issue Type
100% Book Building
Minimum Order
85 Equity Shares
Categories
FI, IC, MF, FII, OTH, CO, IND, and NOH
UPI Eligible
IND (upto 5 Lakhs)
Max Bid (Retail)
Rs. 2,00,000
Max Bid (QIB)
37,79,440 Equity Shares in multiple of 85 Equity Shares
Max Bid (NII)
26,99,600 Equity Shares in multiple of 85 Equity Shares
Tick Size
Re. 1
Bidding Hours
10.00 a.m. to 5.00 p.m.
UPI Mandate Cut-off
30-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
Sponsor Bank
Kotak Mahindra Bank Limited

Registrar

Name
MUFG Intime India Private Limited
Address
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli West, Mumbai - 400083, Maharashtra, India
Contact
Shanti Gopalkrishnan ,8108114949 ,shahInvestors.ipo@in.mpms.mufg.com

Documents

Published by NSE as ZIP archives; opened here as the PDF inside.

Collected from NSE and public sources. Always confirm against the prospectus before applying.

In the news

  1. The Economic Times

    Shah Investor's Home shares list at 2% premium over IPO price

    Shah Investor's Home debuted at Rs 171 on BSE and NSE following its highly successful IPO, which garnered substantial interest, being oversubscribed by 38.12 times. The strong…

  2. The Economic Times

    Shah Investor’s Home IPO allotment today; Check status, latest GMP and likely listing price

    Offered in a price band of Rs 159-167 per share, with a lot size of 85 shares, the Shah Investor’s Home IPO received strong demand from investors, with the issue subscribed 38.12…

Headlines from The Economic Times, matched to this company by name. Reproduced as published — not our reporting, and not investment advice. More IPO news

Frequently Asked Questions

What is the GMP of Shah Investor's Home Limited IPO today?

The latest grey market premium for Shah Investor's Home Limited IPO is ₹17. GMP is unofficial and indicative only — it is not a guarantee of listing price.

What is the price band of Shah Investor's Home Limited IPO?

The price band is ₹159 – ₹167, with a lot size of 85 shares. The minimum investment is ₹14,195.

When does Shah Investor's Home Limited IPO open and close?

The issue opens on 28 Sept 2026 and closes on 30 Sept 2026. Listing is expected on 6 Oct 2026.

Who is the registrar for Shah Investor's Home Limited IPO?

MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.