Shah Investor's Home IPO
Shah Investor's Home Limited (SHAHINVEST) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 06 October 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +3.0% (likely range -4% to +13%), day's high +8.0%, chance of a gain 82%. Actual: +2.4% at the open, +7.5% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 10,79,840 | 3,02,89,750 | 28.1x | |
| NII (HNI) total | 8,09,880 | 7,73,75,415 | 95.5x | |
| Big NII (above ₹10 lakh) | 5,39,920 | 5,67,72,435 | 105x | |
| Small NII (₹2-10 lakh) | 2,69,960 | 2,06,02,980 | 76.3x | |
| Retail | 18,89,720 | 3,63,94,875 | 19.3x | |
| Total | 37,79,440 | 14,40,60,040 | 38.1x |
Bids on NSE and BSE together, as published by NSE, as of 30 Sep 2026, 07:00 PM. Shares offered exclude the anchor portion. 22% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Shah Investor's Home's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Neogen ChemicalsApr 2019 | 30.5x | 114x | 16.1x | 41.2x | ₹133 Cr | +16.7% | +22.6% |
| Valiant LaboratoriesOct 2023 | 20.8x | 73.6x | 16.1x | 29.8x | ₹152 Cr | +15.8% | +21.6% |
| Udayshivakumar InfraMar 2023 | 40.5x | 60.4x | 14.1x | 30.6x | ₹80.5 Cr | -14.3% | -10.0% |
| Technocraft VenturesAug 2026 | 42.3x | 65.1x | 25.3x | 38.7x | ₹252 Cr | +34.0% | +57.7% |
| Hexagon NutritionJun 2026 | 19.8x | 161x | 26.9x | 53.7x | ₹139 Cr | +7.2% | +12.6% |
| Advance AgrolifeOct 2025 | 27.3x | 175x | 23.1x | 56.9x | ₹193 Cr | +14.0% | +14.5% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Beeline Capital Advisors | 6 | +30.4% | 100% |
Offer documents (NSE)
Frequently asked
What is the Shah Investor's Home IPO price band and lot size? ₹159–167 per share, with a lot of 85 shares, so the smallest retail bid is ₹14,195.
How many times has it been subscribed? 38.1x overall: QIB 28.1x, NII 95.5x, retail 19.3x.
How did it list? It opened at ₹171, +2.4% against the issue price of ₹167, and closed its first day +4.1%.
