Shah Investor's Home's ₹90.17 crore initial public offering (IPO) entered its second day of public subscription today, September 29, 2026, with a price band of ₹159 to ₹167 per share. As of 10:00 A.M on the second day of bidding, the issue had been subscribed 0.33 times.
The IPO will remain open until September 30, 2026. The basis of allotment is expected to be finalised on October 1, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on October 6, 2026.
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
28 September 2026 |
|
Subscription Closing Date |
30 September 2026 |
|
Basis of Allotment Date |
1 October 2026 |
|
Refund Initiation Date |
5 October 2026 |
|
Credit of Shares |
5 October 2026 |
|
Listing on BSE and NSE |
6 October 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
[September 29, 2026, 10:00 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.50x |
|
Non-Institutional Investors (NIIs) |
0.26x |
|
Retail Individual Investors (RIIs) |
0.26x |
|
Total |
0.33x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 1994, Shah Investors Home Limited is a retail broking company providing services such as equity and derivatives trading, mutual fund distribution, margin funding, and stock lending and borrowing. With over three decades of experience in the industry, the company primarily serves retail investors, including resident and non-resident Indians, through its branches and network of authorised persons across Gujarat and Maharashtra.
As of March 31, 2026, the company had serviced more than 1 lakh demat accounts and over 38,000 active clients. Its network included more than 181 authorised persons and 11 branches located across key cities in Gujarat and Maharashtra.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
71.48 |
94.27 |
77.82 |
|
EBITDA |
21.62 |
35.31 |
25.13 |
|
Profit After Tax (PAT) |
13.20 |
23.39 |
17.93 |
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