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Shah Investor's Home Shares Make Strong Debut With 2 Percent Premium
M
Moneycontrol•06-10-2026, 10:06
Shah Investor's Home Shares Make Strong Debut With 2 Percent Premium
- •Shah Investor's Home shares debuted on the NSE and BSE at Rs 171 per share, marking a 2.4 percent premium over the IPO price of Rs 167.
- •The initial public offering was a strong success, witnessing a massive subscription of 38 times in the primary market between September 28 and 30.
- •The Rs 90.17-crore public issue pushed the company's post-listing market capitalisation to Rs 361.72 crore.
- •The company intends to allocate Rs 60 crore from the net IPO proceeds to fulfill its working capital requirements, with the rest designated for general corporate purposes.
Key Questions Answered
Shah Investor's Home shares were listed at Rs 171 per share on both the NSE and BSE, representing a premium of 2.4 percent over the initial public offering price band of Rs 159-167 per share on October 6.
The initial public offering of Shah Investor's Home was subscribed 38 times in the primary market during its subscription window from September 28 to September 30.
The company plans to use Rs 60 crore of the net IPO proceeds toward its working capital requirements, while the remaining funds will be allocated for general corporate purposes.
