Shah Investor's Home IPO Details
Shah Investor's Home IPO Summary

Shah Investor's Home IPO opens for subscription on 28 Sep 2026 and closes on 30 Sep 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 06 Oct 2026.
Shah Investor's Home IPO price band has been fixed at ₹159 – ₹167 per share. The face value is ₹10 per share with a lot size of 85.
Shah Investor's Home IPO total issue size comprises 53,99,200 shares (aggregating up to ₹90.17 Cr). This includes a fresh issue of 53,99,200 shares (aggregating up to ₹90.17 Cr).
Shah Investor's Home IPO carries a ₹17 (10.18%) GMP, reflecting investor sentiment.
Shah Investor's Home IPO Lot Size :Retail Minimum is 1 lot (85 shares) amounting to ₹14,195. Retail Maximum is 14 lots (1,190 shares) amounting to ₹1,98,730. SHNI Minimum is 15 lots (1,275 shares) amounting to ₹2,12,925. SHNI Maximum is 70 lots (5,950 shares) amounting to ₹9,93,650. BHNI Minimum is 71 lots (6,035 shares) amounting to ₹10,07,845.
Shah Investor's Home IPO Details
Shah Investor's Home IPO Subscription
Shah Investor's Home IPO Application Wise Breakup (Approx)
Shah Investor's Home IPO Dates
- 28 Sep 2026Opening dateOpen
- 30 Sep 2026Closing dateClose
- 01 Oct 2026Allotment Date Allotment
- 05 Oct 2026Initiation of RefundsRefund
- 05 Oct 2026Credit of SharesCredit
- 06 Oct 2026Listing dateListing
Shah Investor's Home IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 85 | ₹14,195 |
| Retail Maximum | 14 | 1190 | ₹1,98,730 |
| SHNI Minimum | 15 | 1275 | ₹2,12,925 |
| SHNI Maximum | 70 | 5950 | ₹9,93,650 |
| BHNI Minimum | 71 | 6035 | ₹10,07,845 |
Shah Investor's Home IPO Reservation
Promoter Holding
Documents
Shah Investor's Home IPO Valuations
Shah Investor's Home Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 |
| Amount in ₹ Crore | |||
About Shah Investor's Home IPO
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.
Strength Of Shah Investor's Home IPO
- Sizeable clientele across Gujarat.
- Strong track record of financial performance and operating efficiency.
- Leveraging technology to enhance client satisfaction.
- Integrated brokerage model with long term client relationships.
- Experienced Promoters and Management Team.
Risk Of Shah Investor's Home IPO
- The company's broking segment contributes 64.78%, 68.90%, and 71.60% of its revenue for the Fiscals 2026, 2025 and 2024, respectively of which a significant portion is derived from a few geographical regions in which Gujarat contributes 93.74%, 93.30% and 93.53%, respectively Any reduction in the company's revenue from broking segment could have a material adverse effect on its business, results of operations, cash flows and financial condition.
- The company is subject to extensive statutory and regulatory requirements and supervision. Any failures to comply with applicable law or changes in the regulatory framework could result in action being initiated against the company by relevant authorities which may have a material adverse impact on its business, results of operations and financial condition.
- The company relies heavily on its network of Authorised Persons associated with the company. Loss of a significant number of Authorised Persons, or failures to expand its network of Authorised Persons may have an adverse impact on the company's business, results of operations and financial conditions. Further, its could be liable for the lapses of the company's Authorised Persons.
- Any failures to obtain, renew and maintain requisite statutory and regulatory permits, licenses and approvals for the company operations from time to time may adversely affect its business.
- The company relies on the Indian exchanges for a significant portion of its business, and the company is registered with such exchanges and is subject to the rules and regulations framed by such exchanges. Any disruption in the functioning of the exchanges or a disruption to the company connection with the exchanges or failures to comply with exchange rules and regulations could have a material adverse effect on its business and results of operations.
- The company's continued success and growth will be dependent on its ability to retain and grow the company's client base and network of Authorised Person and relationship managers. Failures to retain and augment its client base could have a material adverse effect on the company's business, financial condition and growth prospectus.
- The company has high working capital requirements. Any failures in arranging adequate working capital for its operations may adversely affect the company's business, results of operations, cash flows and financial condition.
- The company has applied for registrations of certain intellectual property rights and any failures to enforce its rights could have an adverse effect on the company's business prospects.
- The company has incurred negative net cash flows from operating activities in Fiscal 2026. Negative net cash flows could have an adverse impact on its growth prospects.
- The company's financial performance is subject to interest rate risk, and an inability to manage its interest rate risk may have a material adverse effect on the company's business prospects, financial condition and results of operation.
Objectives Shah Investor's Home IPO
1. Funding working capital requirements of the Company
2. General Corporate Purpose
Company Contact Details
Shah Investor's Home Ltd.
810,
X-Change Plaza,
DSCCSL (53E), Road 5E, Block 53, Zone 5, Gift City
Gandhinagar, Gujarat, 382050
Phone: +91 9904053335
Email: company.secretary@sihl.in
Website: http://www.sihl.in/
Registrar Contact Details
Shah Investor's Home FAQs
The Shah Investor's Home IPO is a MAINBOARD public issue comprising 5399200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹90.17 Cr. The issue price has been fixed at ₹167 per equity share, and the minimum application size is 85 shares.
The IPO opens for subscription on 28 Sep 2026, and closes on 30 Sep 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹17 (10.18%).

