Shah Investor's IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | 52.33 | 79.05 | 94.47 | 72.40 |
| Expense | 42.44 | 55.05 | 63.06 | 54.09 |
| Profit (PAT) | 7.40 | 18.05 | 23.42 | 13.11 |
| Total Assets | 211.87 | 298.76 | 302.57 | 304.44 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| SMC Global Securities Limited | 4.87 | 16.28 | 7.82 | 62.27 | 1,876.92 Cr |
| Share India Securities Limited | 14.79 | 11.68 | 12.28 | 120.41 | 1,470.26 Cr |
| Arihant Capital Markets Limited | 2.87 | 27.09 | 7.13 | 40.23 | 205.84 Cr |
Strengths & Risks
- Heavily oversubscribed — 38.1x overall (final).
- Strong institutional (QIB) demand — 28.1x.
- Solid profit margin — 18.1%.
- Low leverage — debt/equity of 0.10.
- Revenue fell 23% in the latest reported year.
- Modest return on equity — 8%.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Shah Investor's
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. The company operates through 11 branches across India, including in Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar, and Rajkot. Financially, Shah Investor’s Home Ltd.’s revenue grew by 19%, and its profit after tax increased by 30% from March 31, 2024, to March 31, 2025.
Company Contact Information
Shah Investor’s Home Ltd., 810, X-Change Plaza,, DSCCSL (53E), Road 5E,, Block 53, Zone 5, Gift City, Gandhinagar, Gujarat, 382050
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding working capital requirements of the Company | 60.00 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Shah Investor's IPO - Quick Take
Shah Investor's has set a price band of Rs 159–Rs 167 per share for an issue size of Rs 90 crore. The stock listed with a 2.40% gain versus its issue price on October 06, 2026.
The issue is promoted by Upendra Trikamlal Shah, Purnima Upendra Shah, Tanmay Upendra Shah and Trupti Utpal Shah with BEELINE CAPITAL ADVISORS PRIVATE LIMITED acting as lead manager. Net proceeds will primarily be used towards funding working capital requirements of the Company (Rs 60 crore) and general Corporate Purpose.
On fundamentals, the company is posting revenue growth of -23.4%, a profit margin of 18.1%, return on equity of 7.6% in its most recent reported period. Listed peers in this segment include SMC Global Securities Limited (P/E 16.28x) and Share India Securities Limited (P/E 11.68x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Shah Investor's IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 10.2%. Of the 24 Mainboard IPOs we have tracked with a final GMP between 10% and 25%, 22 listed above, 1 flat and 1 below the issue price; Shah Investor's listed 2.4% above its issue price.
See the full Shah Investor's GMP history and trend, or learn how grey market premium works and how reliable it is.
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