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Shah Investor’s Home IPO

Shah Investor’s Home Ltd is one of the leading retail brokering companies in providing equity brokerage services and derivatives brokerage services.

IPO GMP

+₹17

+8% expected gain

Check Allotment Status

Price Band

₹167

Lot Size

—

Min Investment

—

Listing Date

—

About Shah Investor’s Home

Company overview, business, and key facts.

Shah Investor’s Home Ltd is one of the leading retail brokering companies in providing equity brokerage services and derivatives brokerage services.

Further, the company provides services that help people buy and sell financial products like stocks, IPOs, mutual funds, and other securities.

It has around 100,000 demat accounts, including more than 37,810 active clients, and works with over 184 authorised partners, as of March 31, 2025.

Headquarters

Gandhinagar, Gujarat

Promoters

Upendra Trikamlal Shah, Purnima Upendra Shah, Tanmay Upendra Shah, Trupti Utpal Shah

IPO Details

Issue Type—
Face Value—
Price Band₹167
Lot Size—
Total Issue Size—
Fresh Issue—
Offer for Sale—
Listing At—

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)28.05x
Non-Institutional (NII)105.15x
Retail Individual (RII)19.22x
Total Subscription38.1x

Strengths & Risks

Strengths

  • Sizeable Clientele of the Region: The company has managed to build up a sizeable clientele for itself in Gujarat as well as in other cities of Gujarat as well as Mumbai.
  • Financials and Operational Experience: Shah Investor's Home has experience in both financial performance and operational efficiencies. The long history of the company from 1994 has been beneficial for the company in gaining expertise in retail broking business.
  • Technological Services: Through the help of technology, the company ensures that customer satisfaction is achieved and makes it easier to deliver its broking and financial services.

Risks

  • Dependence on Broking Income & Gujarat Market: The broking business accounted for 64.78%, 68.90% and 71.60% of the company's total income during Fiscal year 2026, 2025 and 2024, respectively. A major part of the income generated from the broking business came from Gujarat, which accounted for 93.74%, 93.30% and 93.53% of the total broking income, respectively.
  • Regulatory and Compliance Risks: The company faces many statutory and regulatory obligations and controls. Non-compliance with relevant laws or any unfavourable change in the regulatory regime can lead to enforcement actions and have an adverse impact on the business and financial position of the company.
  • Dependency on Authorised Person: The company heavily depends on its Authorised Person for its operations and growth. Failure of the company in retaining any significant Authorised Person and inability to expand Authorised Person could have an adverse impact on the business and the company is liable for some of the lapses of its Authorised Person.

Shah Investor’s Home IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Listing price scenarios
If the current GMP holds₹184.00+10.2%
If the grey market premium disappears₹167.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: issue size, financials, post-IPO share count (market cap and P/E not computable), listed peer comparison, use of proceeds.

IPO Analysis SummaryAI-generated

A plain-language review of Shah Investor’s Home's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Shah Investor’s Home IPO Review

Analysis based on live GMP, subscription, and issue details.

As of today, Shah Investor’s Home IPO is trading at a grey market premium (GMP) of +₹17 (+8% estimated listing gain), indicating positive market sentiment.

The IPO has been subscribed 38.1x overall — QIB: 28.05x, NII: 105.15x, Retail: 19.22x.

Shah Investor’s Home IPO subscription has closed.

Key strengths include: Sizeable Clientele of the Region: The company has managed to build up a sizeable clientele for itself in Gujarat as well as in other cities of Gujarat as well as Mumbai.; Financials and Operational Experience: Shah Investor's Home has experience in both financial performance and operational efficiencies. The long history of the company from 1994 has been beneficial for the company in gaining expertise in retail broking business.. Investors should note the following risks: Dependence on Broking Income & Gujarat Market: The broking business accounted for 64.78%, 68.90% and 71.60% of the company's total income during Fiscal year 2026, 2025 and 2024, respectively. A major part of the income generated from the broking business came from Gujarat, which accounted for 93.74%, 93.30% and 93.53% of the total broking income, respectively.; Regulatory and Compliance Risks: The company faces many statutory and regulatory obligations and controls. Non-compliance with relevant laws or any unfavourable change in the regulatory regime can lead to enforcement actions and have an adverse impact on the business and financial position of the company..

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

Shah Investor’s Home IPO — Frequently Asked Questions

What is Shah Investor’s Home IPO GMP today?

Shah Investor’s Home IPO GMP (grey market premium) today is +₹17, suggesting an estimated listing gain of +8%. GMP is indicative and subject to change.

What is the price band of Shah Investor’s Home IPO?

The price band for Shah Investor’s Home IPO is ₹167.

When is Shah Investor’s Home IPO allotment date?

The allotment date for Shah Investor’s Home IPO has not been confirmed yet. Typically, allotment is finalised 6 days after the IPO closes.

When will Shah Investor’s Home IPO list on NSE/BSE?

The listing date for Shah Investor’s Home IPO has not been announced yet. IPOs typically list 6 days after subscription closes.

How to check Shah Investor’s Home IPO allotment status?

To check Shah Investor’s Home IPO allotment status, visit the registrar's website and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for Shah Investor’s Home IPO?

Shah Investor’s Home IPO has a GMP of +₹17. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

What is the lot size of Shah Investor’s Home IPO?

The lot size for Shah Investor’s Home IPO has not been announced yet. Please check back closer to the IPO open date on ipolyst.com.

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