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Shah Investor's Home IPO Launches September 28: Aims to Raise Rs 90.16 Crore
M
Moneycontrol•23-09-2026, 11:36
Shah Investor's Home IPO Launches September 28: Aims to Raise Rs 90.16 Crore
- •Shah Investor's Home, an Ahmedabad-based retail stock broking company, will launch its mainboard IPO on September 28, offering 53.99 lakh shares.
- •The IPO price band is set at Rs 159-167 per share, aiming to raise Rs 90.16 crore and achieve a valuation of Rs 353.25 crore at the upper end.
- •The company plans to allocate Rs 60 crore from the net offer proceeds for working capital requirements, with the remaining funds for general corporate purposes.
- •Shah Investor's Home has served over 1 lakh demat accounts, boasts more than 38,000 active clients, and operates through 11 branches with 181 authorized persons.
- •Retail investors can bid for a minimum of 85 equity shares, with minimum investment at Rs 14,195 and maximum at Rs 1,98,730; the issue closes on September 30.
Key Questions Answered
Shah Investor's Home has set its IPO price band at Rs 159-167 per share. The anchor book opens on September 25, public subscription runs from September 28 to September 30, share allotment is expected by October 1, and trading is scheduled to begin on October 6.
The Ahmedabad-based retail stock broking company aims to raise Rs 90.16 crore by offering 53.99 lakh shares, seeking a valuation of Rs 353.25 crore at the upper end of the price band.
The company intends to allocate Rs 60 crore from the net offer proceeds toward its working capital requirements, while the remainder of the funds will be used for general corporate purposes.
