Shah Investor's Home IPO
UpcomingMainboardOpens 28 September 2026Closes 30 September 2026
Incorporated in 1994, Shah Investor's Home Limited is a Gujarat-headquartered financial services and retail stockbroking firm. The company offers retail equity broking, derivatives broking, mutual fund distribution,…
Incorporated in 1994, Shah Investor's Home Limited is a Gujarat-headquartered financial services and retail stockbroking firm. The company offers retail equity broking, derivatives broking, mutual fund distribution, margin trading facility (MTF), and stock lending and borrowing services under the brand name 'Shah Investors'. Operating across 11 branches in western India (including Ahmedabad, Mumbai, Vadodara, Gandhinagar, Rajkot, and Junagadh) and supported by a network of over 181 Authorised Persons, the company served more than 38,189 active clients and managed over 100,000 demat accounts as of FY26.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
28 Sept 2026
IPO Closes
30 Sept 2026
Allotment
1 Oct 2026
Listing
6 Oct 2026
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 28 September 2026 |
| IPO Close Date | 30 September 2026 |
| Allotment Date | 1 October 2026 |
| Listing Date | 6 October 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,195 |
Retail (Max)Just less than ₹2,00,000 | 14 | ₹1,98,730 |
SHNI (Min)Just above ₹2,00,000 | 15 | ₹2,12,925 |
SHNI (Max)Below ₹10,00,000 | 70 | ₹9,93,650 |
BHNIAbove ₹10,00,000 | 71 | ₹10,07,845 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 35.00% |
| Total | 100.00% |
IPO Objectives
- Funding working capital requirements of the Company (₹60.00 Cr).
- General Corporate Purposes.
Strengths
- Established presence spanning over three decades in retail equity broking with strong brand equity ('Shah Investors') across Gujarat.
- Integrated financial services model spanning secondary market broking, mutual fund distribution, margin trading funding, and depository participant services.
- Prudent risk management and low financial leverage, with a debt-to-equity ratio of 0.10x and a healthy capital adequacy base.
- Established network of 181 Authorised Persons coupled with proprietary digital platforms (SIHL Moneymaker and SIHL Fundspro).
Weaknesses
- Substantial geographic concentration, with Gujarat contributing 93.74% of brokerage revenue in FY26 (93.30% in FY25).
- High dependence on the broking business (64.78% of total revenue), making financial performance susceptible to capital market cyclicality and equity trading volume slowdowns.
- Significant reliance on Authorised Persons, who generated 53.91% of broking revenue in FY26, exposing the firm to partner attrition and operational compliance liabilities.
- Negative cash flows from operating activities in FY26 (-₹19.70 Crore) and FY25 (-₹31.86 Crore) driven by capital absorption in the Margin Trading Facility (MTF) book and working capital requirements.
Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 304.44 | 302.57 | 298.76 |
| Revenue (₹ Cr.) | 72.4 | 94.47 | 79.05 |
| PAT (₹ Cr.) | 13.11 | 23.42 | 18.05 |
| Net Worth (₹ Cr.) | 179.71 | 168.09 | 150.54 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Shah Investor's Home | 1.46 | 26.94 | 7.35% | 179.71 |
| Arihant Capital Markets Ltd. | 2.26 | 24.75 | 7.13% | 440.97 |
| Share India Securities Ltd. | 1.86 | 13.42 | 12.28% | 2,349 |
| SMC Global Securities Ltd. | 1.33 | 15.75 | 7.82% | 1,306 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- Shah Investor's Home Limited
- 810, X-Change Plaza, DSCCSL (53E), Road 5E, Block 53, Zone 5, GIFT City, Gandhinagar – 382050, Gujarat, India
- +91 9904053335
- company.secretary@sihl.in
- https://www.sihl.in
Registrar Details
- MUFG Intime India Private Limited
- +91 810 811 4949
- shahInvestors.ipo@in.mpms.mufg.com
- https://www.in.mpms.mufg.com
Frequently Asked Questions
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What is the price band and minimum retail application size for the IPO?
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When and where are the shares of Shah Investor's Home scheduled to list?
Shah Investor's Home IPO News & Updates
Follow the latest updates for Shah Investor's Home IPO, including grey market moves and allotment news.
Shah Investor's Home IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Shah Investor's Home IPO Details
Issue size, price, financials, and company info
Shah Investor's Home IPO GMP
Live grey market premium and listing estimate
Shah Investor's Home IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Shah Investor's Home IPO Allotment
Allotment date, chances, and check by PAN
Shah Investor's Home IPO Review
SWOT, strengths, risks, and IPO review
Shah Investor's Home IPO FAQ
Common questions on dates, GMP, and allotment
Shah Investor's Home IPO Registrar
Registrar website and how to check allotment
Shah Investor's Home IPO Timeline
Open, close, allotment, and listing dates
Shah Investor's Home IPO News
Updates, blogs, and latest IPO news
Sources
We match Shah Investor's Home IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- MUFG Intime India Private LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.