Shah Investor's Home IPO
Stock/ Commodity Brokers • ₹90cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- Working capital or debt pressure highlighted in DRHP
- Over 64% of revenue depends on stock broking, primarily from Gujarat.
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹28-30
Lot Size
85 shares
Issue Size
₹90cr
Open
28 Sept 2026
Close
30 Sept 2026
Subscription
—
GMP +₹12.5 → est. ₹42.5
IPO Schedule
| Issue Open Date | 28 Sept 2026 |
| Issue Close Date | 30 Sept 2026 |
| Allotment Date | 01 Oct 2026 |
| Listing Date | 06 Oct 2026 |
About Shah Investor's Home
Shah Investors’ Home Limited is a retail broking company that provides equity and derivatives brokerage services. Its services facilitate transactions in equities, IPOs, mutual funds, and other securities, with a focus on secondary market broking for retail customers, including resident and non-resident Indians. The company also provides mutual fund distribution, margin funding, and stock lending and borrowing services under the “Shah Investors” brand. It operates through 11 branches in Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar, and Rajkot, serving customers across Gujarat and Maharashtra. The company also offers digital services through its app-based platform, SIHL Moneymaker, and operates an in-house ERP system across its branches and franchises. In FY26, it launched ALGOFY, an API-powered algorithmic trading platform that supports strategy development, testing, deployment, automation, and management through APIs, pre-built strategies, and a no-code interface. As of March 31, 2026, it had served over 100,000 demat accounts and had more than 38,000 active clients.
Company Details
Founders / Promoters
Mr Tanmay Upendra Shah
Founded
1994
Registrar
LINK
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
Subscription data not available
Grey Market Premium (GMP)
Issue Price
₹30
GMP
+₹12.5
Est. Listing
₹42.5
Est. Gain
+41.7%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
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FAQ
What is the price band of Shah Investor's Home IPO?
The price band is ₹28-30 per share with a lot size of 85 shares. Minimum investment: ₹2,550.
What does Shah Investor's Home do?
Shah Investors’ Home Limited is a retail broking company that provides equity and derivatives brokerage services. Its services facilitate transactions in equities, IPOs, mutual funds, and other securities, with a focus on secondary market broking for retail customers, including resident and non-resident Indians. The company also provides mutual fund distribution, margin funding, and stock lending and borrowing services under the “Shah Investors” brand. It operates through 11 branches in Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar, and Rajkot, serving customers across Gujarat and Maharashtra. The company also offers digital services through its app-based platform, SIHL Moneymaker, and operates an in-house ERP system across its branches and franchises. In FY26, it launched ALGOFY, an API-powered algorithmic trading platform that supports strategy development, testing, deployment, automation, and management through APIs, pre-built strategies, and a no-code interface. As of March 31, 2026, it had served over 100,000 demat accounts and had more than 38,000 active clients.
Should I apply for Shah Investor's Home IPO?
Shah Investor's Home is a Stock/ Commodity Brokers mainboard IPO and opens 28 Sept 2026 with a ₹28-30 price band (₹90cr issue) — subscription data is not live yet, so demand signals are unavailable. Unofficial grey market premium is around ₹12.5, roughly 42% above the ₹30 upper band for this Stock/ Commodity Brokers IPO — useful as a sentiment check before listing, but not verified by NSE/BSE/SEBI.
Who founded Shah Investor's Home?
Shah Investor's Home was founded by Mr Tanmay Upendra Shah in 1994.