IPO● Neutral for Indian equities
Shah Investor's Home opens at ₹171 after IPO drew 38 times subscription
The brief
- The stock opened at ₹171 on NSE and BSE
- The IPO received bids for around 14.27 crore shares against 37.39 lakh shares offered
- The listing debut gives investors an early read on demand for Shah Investor's Home shares
- Shah Investor's Home shares to list today; GMP indicates 10% potential listing gain
- IPO GMP Today: SRIT India vs Shah Investor's Home — Which Has Higher Listing Gain Potential?
- Shah Investor’s Home IPO allotment today; Check status, latest GMP and likely listing price
- Shah Investor's IPO subscribed 3x on Day 3 so far - Check GMP
- Nilesh Shah on FOMO: Why investors should stop chasing ‘once-in-a-lifetime’ opportunities
SRIT India and Shah Investor’s Home IPO listings
SRIT India’s IPO was subscribed 125.16 times, while Shah Investor’s Home received bids for around 14.27 crore shares against 37.39 lakh shares on offer. Both companies listed on October 6, with SRIT India priced at ₹130 per share and Shah Investor’s Home at ₹167 issue price.
Tuesday, 6 October
- Shah Investor's Home opens at ₹171 after IPO drew 38 times subscription