Shah Investor's Home IPO Subscription Update: Issue Subscribed 0.25 on Day 1

On the first day, the Shah Investor's Home IPO received bids for 9,55,230 shares against 37,79,440 shares available for subscription in the retail category, according to NSE data, with the issue subscribed 0.25 times. The Retail Individual Investor (RII) category was subscribed 0.17 times, while the Non-Institutional Investor (NII) category stood at 0.12 times. The Qualified Institutional Buyer (QIB) portion, excluding the anchor allocation, was subscribed 0.50 times at the time till 2:55 PM.
| SR. NO. | CATEGORY | NO OF TIMES OF TOTAL MEANT FOR THE CATEGORY |
|---|---|---|
| 1. | Qualified Institutional Buyers (QIBs) | 0.50 |
| 2. | Non-Institutional Investors | 0.12 |
| 3. | Retail Individual Investors (RIIs) | 0.17 |
| - | Total | 0.25 |
Shah Investor's Home IPO Overview & Purpose
The Shah Investor's Home IPO is offering a Rs 90.17 crore IPO, comprising an entirely fresh issue of 53.99 lakh equity shares. The issue is priced in the range of Rs 159 to Rs 167 per share, with a minimum lot size of 85 shares.
As the IPO comprises only a fresh issue, the entire proceeds from the issue will be received by the Company.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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