Indian Markets
Shah Investor's Home

Shah Investor's Home IPO

Bookbuilding IPO | ₹90.00 Cr | Listing at BSE, NSE

Closed
IPO Open

Mon, Sep 28, 2026

IPO Close

Wed, Sep 30, 2026

Price Band

₹159.00 to ₹167.00

Market Cap (Pre-IPO)

₹353.26 Cr

IPO Details
IPO Date Sep 28, 2026 to Sep 30, 2026
Listing Date Tentative: Oct 06, 2026
Face Value ₹10.00 per share
Price Band ₹159.00 to ₹167.00
Lot Size 85 Shares (Minimum: ₹14,195.00)
Sale Type Fresh Issue
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Issue Size ₹90.00 Crores
Total Shares Offered 5,399,200 shares
Fresh Issue 5,399,200 shares
Offer For Sale 5,399,200 shares
Shah Investor's Home IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII Shares Offered Not less than 15% of the Net Issue
Shah Investor's Home IPO Lot Size

Investors can bid for a minimum of 85 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 85 ₹14,195
Retail (Max) 14 1,190 ₹198,730
S-HNI (Min) 15 1,275 ₹212,925
S-HNI (Max) 70 5,950 ₹993,650
B-HNI (Min) 71 6,035 ₹1,007,845
Shah Investor's Home Financial Information (Restated Consolidated)

Shah Investor's Home Ltd.;'s revenue decreased by 23% and profit after tax (PAT) dropped by 44% between the financial year ending with March 31, 2026 and March 31, 2025.

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 ₹ Cr

Key Performance Indicators
As of Tuesday, March 31, 2026
KPI Values
ROE (Return on Equity) 7.59%
ROCE (Return on Capital Employed) 10.61%
Debt/Equity 0.10
RoNW (Return on Net Worth) 7.35%
PAT Margin (Profit After Tax Margin) 18.24%
EBITDA Margin 30.24%
Price to Book Value 1.46
Pre IPO Post IPO
EPS Rs 8.32 6.20
P/E (x) 20.07 26.94
Company Overview

Shah Investor’s Home Limited – Company Overview

  • 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 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, including a VMWare-based virtualised environment implemented in 2007, its digital app-based platform “SIHL Moneymaker” launched in 2023, and an in-house ERP system across its branches and franchises.
  • As of March 31, 2026, SIHL Moneymaker had over 12,452 active registered users.
  • In Fiscal 2026, the Company launched “ALGOFY”, an API-powered algorithmic trading platform enabling strategy development, testing, deployment, automation and management through APIs, pre-built strategies and a no-code interface.
  • The Company 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.
Company Strengths
  • Sizeable retail clientele across Gujarat.
  • Established branch and authorised-person network.
  • Digital platforms including SIHL Moneymaker and ALGOFY.
  • Technology-enabled trading and client-service infrastructure.
  • Integrated brokerage model with long-term client relationships.
  • Long-standing experience in retail broking and financial services.
Use of Proceeds
1)Funding working capital requirements of the Company60.00
2)General Corporate Purposes 
 Total60.00
Objectives

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

Shah Investor's Home IPO Peer Comparison
Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Shah Investor's Home Ltd. 8.38 8.38 114.07 - 7.35 - Consolidated
Smc Global Securities Ltd. 4.87 4.87 62.27 16.28 7.82 1.27 Consolidated
Share India Securities Ltd. 14.79 14.76 120.41 11.70 12.28 1.43 Consolidated
Arihant Capital Markets Ltd. 2.87 2.87 40.23 27.09 7.13 1.93 Consolidated
Quick Info
Sector financial services
Exchange BSE, NSE
Market Cap (Pre-IPO) ₹353.26 Cr
Important Dates
IPO Open Sep 28, 2026
IPO Close Sep 30, 2026
Allotment Date Oct 01, 2026
Credit to Demat Oct 05, 2026
Listing Date Tentative: Oct 06, 2026
Lead Manager(s)

Beeline Capital Advisors Pvt.Ltd.

Description
  • IPO Type: Book build issue aggregating to ₹90.17 crores.
  • Issue Structure: The issue is entirely a fresh issue of 53.99 lakh shares aggregating to ₹90.17 crores.
  • IPO Dates: The issue opens for subscription on September 28, 2026 and closes on September 30, 2026.
  • Allotment Date: The allotment is expected to be finalized on October 1, 2026.
  • Listing Details: The shares are proposed to be listed on NSE and BSE on October 6, 2026.
  • Retail Investment Requirement: Minimum 1 lot (85 shares) amounting to approximately ₹14,195 at the upper price band.
  • Issue Price Band: ₹159 to ₹167 per equity share.
  • Lot Size: 85 shares per lot.

   This IPO offers investors an opportunity to participate in the company through an entirely fresh issue of shares.

US Markets