Shah Investor’s Home IPO opens on Sept 28; broker to deploy funds in margin trading facility, technology
The IPO price band has been fixed at ₹159-167 per share; the fresh issue of 53.99 lakh shares will raise up to ₹90.17 crore at the upper end of the price band
Ahmedabad-based retail brokerage firm Shah Investor's Home Ltd plans to use the funds from its upcoming initial public offering (IPO) to expand its margin trading facility and upgrade technology, aiming to revive growth after a decline in revenue and profit in FY26. The company's IPO, scheduled for September 28 with a price band of ₹159-167 per share, will raise up to ₹90.17 crore through the issuance of a fresh 53.99 lakh shares.
Shah Investor's Home currently has around 38,000 active clients and over one lakh demat accounts, and the company sees significant potential in its margin trading business, with only a small fraction of its clients currently utilizing the facility.
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