Shah Investor’s Home IPO
Shah Investor’s Home IPO is a mainboard IPO raising ₹90 Cr at ₹159 – ₹167 a share. It listed on 6 Oct 2026 at ₹171, +2.4% against its issue price of ₹167, and trades at ₹135 today (−19.0% since issue). It was subscribed 38× in total.
38.1 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 10,79,840 | 3,02,89,750 | 28× |
| Foreign Institutional Investors | no separate quota | 30,14,865 | n/a |
| Domestic Financial Institutions | no separate quota | 1,13,25,485 | n/a |
| Mutual funds | no separate quota | 1,275 | n/a |
| Others | no separate quota | 1,59,48,125 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 8,09,880 | 7,73,75,415 | 96× |
| Non Institutional Investors | 5,39,920 | 5,67,72,435 | 105× |
| Corporates | no separate quota | 4,04,515 | n/a |
| Individuals | no separate quota | 5,43,39,650 | n/a |
| Others | no separate quota | 20,28,270 | n/a |
| Non Institutional Investors | 2,69,960 | 2,06,02,980 | 76× |
| Corporates | no separate quota | 77,350 | n/a |
| Individuals | no separate quota | 1,96,35,255 | n/a |
| Others | no separate quota | 8,90,375 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 18,89,720 | 3,63,94,875 | 19× |
| Cut Off | no separate quota | 3,14,76,945 | n/a |
| Price bids | no separate quota | 49,17,930 | n/a |
| Total | 37,79,440 | 14,40,60,040 | 38× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 30 Sept, 08:48 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 22% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.27 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.