Shah Investor's Home’s initial public offering (IPO) is set to open for subscription on September 28, 2026. According to the Red Herring Prospectus (RHP), the ₹90.17 crore book-built issue comprises a fresh issue of up to 53.99 lakh equity shares, with no offer for sale (OFS) by its existing shareholders.

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.

Shah Investor's Home IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue only)
Total Issue Size: Up to ₹90.17 crore
Fresh Issue: Up to 53.99 lakh equity shares
Offer for Sale (OFS): Not Applicable
Face Value: ₹10 per equity share
Price Band: ₹159 to ₹167 per share
Lot Size: 85 shares
Minimum Investment Amount (Retail Investor): ₹14,195 (85 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Beeline Capital Advisors Private Limited
Registrar: MUFG Intime India Private Limited

Shah Investor's Home IPO Timeline (Tentative)

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.

Shah Investor's Home IPO Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹167 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	85	₹14,195
Retail (Maximum)	14	1190	₹1,98,730
sNII (Minimum)	15	1275	₹2,12,925
bNII (Minimum)	71	6035	₹10,07,845

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding working capital requirements of the company
General corporate purposes.

About Shah Investor's Home Limited

Incorporated in 1994, Shah Investor's Home Limited Shah is a retail broking brand offering equity and derivatives brokerage services, along with mutual fund distribution, margin funding, and stock lending and borrowing services. With over three decades of experience, the company primarily serves retail customers, including resident and non-resident Indians, through its branch network and authorised persons across Gujarat and Maharashtra.

As of March 31, 2026, Shah Investors had serviced over 1,00,000 demat accounts and more than 38,000 active clients, supported by over 181 authorised persons and 11 branches across key cities in Gujarat and Maharashtra.

Key Financial Highlights

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