Shah Investor’s Home IPO GMP ₹12 Today (25 Sept), Price Band, Allotment Date

Shah Investor’s Home IPO Review & Analysis

Our reading of the numbers below — growth rates, margins, pricing and demand are calculated from the company's own filed figures, not copied from anywhere.

Shah Investor’s Home is a mainboard issue raising ₹90 Cr, offered in a band of ₹159–₹167 per share. At the upper end that is 16.7 times the ₹10 face value, so ₹157 of every share subscribed is share premium rather than capital.

A retail application for Shah Investor’s Home needs one lot of 85 shares, which works out to ₹14,195 at the upper band of ₹167. That is close to the ₹15,000 ceiling SEBI expects for a single retail lot, so an investor applying at cut-off is committing nearly the full retail limit per application. Retail applications are capped at ₹2,00,000, which here is 14 lots; bidding above that moves the application into the non-institutional category, and the large-HNI bucket begins at ₹10,00,000, or about 71 lots.

For Shah Investor’s Home, bidding runs 28-30 Sep, allotment is finalised on 1 Oct 2026, the shares list on 6 Oct 2026. Applications that do not receive an allotment have their UPI mandate released around 1 day after the issue closes. Counting from the close of bidding, money stays blocked for roughly 6 days before listing decides what the holding is worth.

The issue is reserved 50% to qualified institutional buyers, 15% to non-institutional investors, 35% to retail. A 35% retail share is the wider end of the range, which improves the odds for small applications when the book is only modestly oversubscribed. An oversubscribed retail portion is not allotted in proportion to the amount applied for: applications are reduced to single lots and drawn by lot, so several small applications from different PANs are more effective than one large one.

The whole ₹90 Cr is a fresh issue. Every rupee raised stays with the company and can fund the stated objects of the issue, which is generally a better sign than an offer that mainly lets existing holders sell down.

Revenue moved from ₹94.47 Cr in 31 Mar 2025 to ₹72.4 Cr in 31 Mar 2026 (-23.4%), while profit after tax went from ₹23.42 Cr to ₹13.11 Cr (-44%). Both revenue and profit are lower than the year before, so the company is heading into the issue on a declining trend.

MUFG Intime India Pvt.Ltd. is the registrar for this issue, which means the allotment status for Shah Investor’s Home is published on their portal from 1 Oct 2026. A PAN, application number or demat client ID is enough to look it up; the credited shares also appear in the demat account itself a day or so before listing.

A grey market premium of ₹12 on the upper band of ₹167 implies a listing gain of roughly 7.2%. The grey market is unofficial and unregulated, the premium can change daily, and it has no bearing on allotment — treat it as a sentiment reading, not a forecast.

The figures above are worked out from the issue's own filed numbers and are for information only. They are not investment advice — read the RHP before you apply.