Shah Investor’s Home
Shah Investor's Home Ltd is one of the leading retail brokering companies in providing equity brokerage services, derivatives brokerage services, and facilitating transactions in mutual funds, IPOs, and other financial products.
Price Band
₹167
Lot Size
85 Shares
Issue Size
₹90.17 Cr
Fresh Issue
₹90.17 Cr
OFS
Nil (100% Fresh)
Registrar
AI Sentiment Score
Listing Price
₹171.00
vs Issue: ₹167 (+2.40%)
📅 IPO Timeline
✓
Open
Sep 28, 2026
✓
Close
Sep 30, 2026
✓
Allotment
Oct 1, 2026
✓
Refund
Oct 5, 2026
✓
Demat
Oct 5, 2026
✓
Listing
Oct 6, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Shah Investor’s Home displays an established operational footprint with expanding revenue streams (-5.2% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (-5.2% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 11.4%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding working capital requirements of the Company | ₹60.00 |
| General Corporate Purpose | ₹30.17 |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 79.00 Cr | Rs 94.00 Cr | Rs 71.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 18.00 Cr | Rs 23.00 Cr | Rs 13.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 27.00 Cr | Rs 36.00 Cr | Rs 22.00 Cr |
| Borrowings (₹ Cr) | Rs 4.00 Cr | Rs 6.00 Cr | Rs 18.00 Cr |
| Total Assets (₹ Cr) | Rs 299.00 Cr | Rs 303.00 Cr | Rs 304.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% |
| ROCE % | 11.40% | 11.40% | 11.40% |
| Debt / Equity | 0.00 | 0.00 | 0.00 |
Company P/E
27.8x
Industry P/E
32.0x
Debt/Equity
0.10
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 32.0x
IPO 27.8x
0x (Deep Value)
43x (High Multiple)
📋 Live Subscription Status
QIB
3.42x
NII
6.94x
Retail
4.83x
Total
5.07x
🎯 Retail Allotment Probability
20.7% Odds
1 in 4.8 chance (~20.7% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Oct 3, 2026 8:03 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹90.2 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company operates through 11 branches and works with over 184 authorized partners across India, managing around 100,000 demat accounts with over 37,810 active clients as of March 31, 2025. Financially, the company experienced a contraction in FY2026 reporting revenue of ₹72.40 crores and a PAT of ₹13.11 crores compared to ₹94.47 crores and ₹23.42 crores respectively in FY2025.
The IPO is a book-built issue of ₹90.17 crores comprising entirely of a fresh issue with no offer for sale. The price band is set at ₹159 to ₹167 per equity share, with a minimum lot size of 85 shares. The issue has an active subscription profile across QIB, NII, and Retail categories, and is listed on both BSE and NSE.