Shah Investor's Home IPO GMP History
Shah Investor's Home IPO has been listed on October 6, 2026 at a listing price of ₹171, against the issue price of ₹167 — a gain of ₹4 (+2.4%). The GMP peaked at ₹17 on 6 October 2026 and reached a low of ₹9 on 27 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Shah Investor's Home IPO raised ₹90.17 Cr. through its IPO at a price band of ₹159 to ₹167 per share, with a lot size of 85 shares. The IPO was open for subscription from 28 Sep 2026 to 30 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Oct, 6:00 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Oct 2026 | ₹ 17 | — | 10.18% | — | ₹ 1100 |
| 05 Oct 2026 | ₹ 17 | — | 10.18% | — | ₹ 1100 |
| 04 Oct 2026 | ₹ 17 | ▲ | 10.18% | — | ₹ 1000 |
| 03 Oct 2026 | ₹ 15.5 | ▲ | 9.28% | — | ₹ 1000 |
| 02 Oct 2026 | ₹ 15.25 | ▲ | 9.13% | — | ₹ 1000 |
| 01 Oct 2026 | ₹ 12 | ▼ | 7.19% | — | ₹ 1000 |
| 30 Sep 2026 | ₹ 12.5 | ▼ | 7.49% | — | ₹ 1000 |
| 29 Sep 2026 | ₹ 15 | ▲ | 8.98% | — | ₹ 900 |
| 28 Sep 2026 | ₹ 14 | ▲ | 8.38% | — | ₹ 600 |
| 27 Sep 2026 | ₹ 9 | — | 5.39% | — | ₹ 800 |
| 26 Sep 2026 | ₹ 9 | ▼ | 5.39% | — | ₹ 800 |
| 25 Sep 2026 | ₹ 12 | — | 7.19% | — | ₹ 800 |
| 24 Sep 2026 | ₹ 12 | ▲ | 7.19% | — | ₹ 800 |
| 23 Sep 2026 | ₹ 10 | — | 5.99% | — | ₹ 600 |
Shah Investor's Home IPO dates
Key dates from opening to listing. Today is 9 November.
- Open 28 Sep 2026
- Close 30 Sep 2026
- Allotment 01 Oct 2026
- Refund/credit 05 Oct 2026
- Listing 06 Oct 2026
Shah Investor's Home IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹167 |
|---|---|
| GMP-based estimate (pre-listing) | ₹184 (+10.2%) |
| Listing gain / loss | +₹4 per share |
| Listing date | 06 Oct, 2026 |
| Actual listing price | ₹171 (+2.4%) |
Is Shah Investor's Home IPO GMP reliable?
Grey market premium for Shah Investor's Home IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Shah Investor's Home IPO full review for a fundamentals-based assessment before making any grey market trades.
Shah Investor's Home IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Shah Investor's Home IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹1100, BHNI: ₹16500. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Shah Investor's Home IPO
Shah Investor's Home Limited was started in October 1994 and has more than three decades in the securities market. It is a retail broking company, meaning it helps individual investors buy and sell shares, IPOs and other securities, for both resident and non-resident Indians.
Its main business is equity and derivatives broking. Alongside that it distributes mutual funds, provides margin funding, which is lending to clients so they can buy more shares than their own cash allows, and runs stock lending and borrowing services, all under the brand name Shah Investors.
As on 31 March 2026 it had served more than 1,00,000 demat accounts, with over 38,000 active clients and a network of more than 181 authorised persons, who are sub-brokers working under its licence. It operates 11 branches across Mumbai, Ahmedabad, Vadodara, Junagadh, Gandhinagar and Rajkot, and most of its customers are in Gujarat and Maharashtra.
Frequently asked
What is the GMP of Shah Investor's Home IPO?
The current Grey Market Premium (GMP) of Shah Investor's Home IPO is ₹ 17.
What is the Kostak Price of Shah Investor's Home IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shah Investor's Home IPO is not available.
What is the Subject to Sauda Price of Shah Investor's Home IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹1100, BHNI: ₹16500.
What was the actual listing price of Shah Investor's Home IPO?
Shah Investor's Home IPO listed on October 6, 2026 at ₹171, against the issue price of ₹167 — a gain of +2.4%.
How did the GMP of Shah Investor's Home IPO trend before listing?
The GMP of Shah Investor's Home IPO was stable in its final days before listing. The GMP peaked at ₹17 on 6 October 2026. View the day-wise table above for the complete GMP history.
Explore Shah Investor's Home IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
