Shah Investor's Home
Gujarat-based retail broking company offering equity and derivatives trading, mutual fund distribution, margin funding and stock lending.
Last updated 4 Oct 2026, 7:14 pm IST
- Price band
- ₹159 – ₹167
- Lot size
- 85
- Issue size
- ₹90.17 Cr (100% fresh)
- Opens
- 28 Sept 2026
- Closes
- 30 Sept 2026
- Exchange
- Both
The numbers
- GMP
- ₹14 (~8.4%) (29 Sep, day 2)
- Subscription
- 1.1× (day 2, 29 Sep)
- Listing date
- 6 Oct 2026
- Model prediction
- ~+8% expected → Subscribe. Day 2 book on track at 1.1×; GMP ₹14 (~8%).
The Ticker Tales take
Shah Investor's Home is a retail broking company with more than 30 years in the securities markets, offering equity and derivatives trading, mutual fund distribution, margin funding and stock lending to customers across Gujarat and Maharashtra through 11 branches and 181 authorised persons. The entire ₹90.17 crore issue is fresh shares, so all the money raised goes into the company rather than to existing owners — the healthier shape for a first-time applicant. Worth weighing: revenue fell 23% to ₹72.4 crore and profit fell 44% to ₹13.1 crore in FY26 versus FY25 — a shrinking business, not a growing one, which is unusual to see going into an IPO. Bidding picked up on day two, with the book about 1.1 times covered and the grey market premium firming to around ₹14, roughly 8% over the top of the band. That nudges us out of the flat zone into a modest positive, so we now rate it a Subscribe with a pop of around 8% expected.
More details
- Sector
- Retail broking / financial services
- FY26 PAT
- ₹13.11 Cr (-44%)
- Registrar
- MUFG Intime India
- Issue type
- 100% Fresh issue
- FY26 revenue
- ₹72.40 Cr (-23%)
- Lead manager
- Beeline Capital Advisors
- Anil Singhvi - Long-term call
- Not clearly stated
- Anil Singhvi - Listing-gain call
- Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.