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Home
InvestmentsIPOShah Investors Home IPO

Shah Investors Home IPO

Mainboard

Open Date

28 Sep 2026

Close Date

30 Sep 2026

Min Investment

₹ 13,515

Lot Size

85

Issue Size

₹ 90.17 Cr

Price Range

₹ 159 - ₹ 167

Subscribed

0.87 x
Apply Now
status

IPO Open Now.

IPO Timeline
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IPO Offer Start
28 Sep 2026
check
IPO Offer Ends
30 Sep 2026
check
Allotment Finalisation
1 Oct 2026
check
Refund Initialisation
5 Nov 2026
check
Non-Institutional Buyers (sHNI)
5 Oct 2026
check
Listing of Shares
6 Oct 2026
IPO Subscription Details as on 30 Sep 2026, 01:19 AM
Qualified Instituational Buyers (QiB)
0.97 x
Retail
0.56 x
Total
0.87 x
Non-Institutional Buyer (bHNI)
1.32 x
Non-Institutional Buyer (sHNI)
1.64 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Shah Investor's Home Limited (SIHL) is a retail broking company with over three decades of experience, offering equity and derivatives brokerage, depository services, margin trading facility, and mutual fund distribution under the brand 'Shah Investors'. The company operates through 11 branches across Gujarat and Maharashtra, supported by 181 authorised persons, serving over 1,00,000 demat accounts and 38,189 active clients as of March 31, 2026. SIHL provides digital trading via its proprietary platforms 'SIHL Moneymaker' and 'SIHL Fundspro', and recently launched 'ALGOFY', an API-powered algo trading platform. The company reported total revenue from operations of ₹7,147.67 lakhs and PAT of ₹1,320.22 lakhs for Fiscal 2026, with a RoNW of 7.35%.
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Founded In

1994

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Director

Upendra Trikamlal Shah

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DRHP

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Financials of Shah Investor's Home IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue77.8294.2771.48
Other Income1.230.190.92
Total Income
79.0594.4772.40
Total Expenses
55.0563.0654.09
Profit Before Tax24.0131.4018.31
Total Profit
18.0523.4213.11

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to utilize a portion of the Net Proceeds to fund its working capital requirements in Fiscal 2027, primarily towards margin trading facility (MTF) book expansion, trade receivables, and other balances with banks, to support increased transaction volumes and client exposures.60
The company intends to utilize a portion of the Net Proceeds for general corporate purposes including meeting ongoing contingencies, business requirements, funding growth opportunities, strategic initiatives, capital expenditure, and investment in subsidiaries, subject to not exceeding a specified percentage of Gross Proceeds.-
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  • Sizeable Clientele Across Gujarat: The company has served over 1,00,000 demat accounts with more than 38,000 active trading accounts and 181 authorised persons across 11 branches, witnessing a CAGR of 15.30% in customer additions from fiscal 2024 to 2026, with active accounts growing from 35,535 to 38,189.
  • Leveraging Technology to Enhance Client Satisfaction: The company operates digital platforms 'SIHL Moneymaker' (33,287 downloads, 12,452 active users, rated 4.5 on Google Play) and 'SIHL Fundspro', with digital brokerage income growing from 17.61% (FY24) to 42.62% (FY26) of total brokerage income, supported by an in-house ERP system and algo trading platform 'ALGOFY'.
  • Integrated Brokerage Model with Long-Term Client Relationships: The company maintains strong client retention with 72.61% of active clients having account tenure of more than 5 years (27,728 clients as of FY26), operating across equity cash (94.62% of active clients) and derivatives segments, generating total brokerage income of ₹4,630.20 lakhs in FY26.
  • Experienced Promoters and Management Team: The company is led by promoters with a combined experience of over 30 years in stock broking, supported by senior management including a COO with 30+ years, a Chief Business Officer with 25+ years, and a Compliance Officer with 20+ years of sector-specific experience.

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