Shah Investors Home IPO: ₹90 Cr mainboard check

Shah Investor’s Home Limited (SIHL) is drawing attention on social media ahead of its mainboard IPO, largely around the issue size, the retail cheque size, and mainboard eligibility basics.

IPO snapshot that is trending online

Shah Investor’s Home Limited is set to launch a mainboard IPO with a total issue size of ₹90.17 crore. The offer is described as a book-built issue. The price band is ₹159 to ₹167 per equity share. The lot size is 85 shares, and bids are allowed in multiples of 85 shares. At the upper price band of ₹167, the minimum retail application works out to ₹14,195 for one lot. The issue is scheduled to open on September 28, 2026 and close on September 30, 2026. The listing is targeted for October 6, 2026 on BSE and NSE.

Issue structure: fresh issue only, no OFS

A key point repeated in investor discussions is that this IPO is a fresh issue only. The context shared online indicates there is no offer-for-sale (OFS) component in the issue. That means the net proceeds, after issue expenses, are intended to accrue to the company rather than to selling shareholders. The total IPO size is also shared as 53,99,200 equity shares of face value ₹10. The same source set also describes the total issue size as ₹90.17 crore, aligning with the fresh issue amount. Another post mentions the company intends to use proceeds for working capital requirements and general corporate purposes. Investors are focusing on this because fresh-issue-only structures are often read as capital being raised for business needs rather than shareholder exits.

Key terms at a glance (price band, lots, dates)

The terms being circulated are consistent across multiple posts, so it helps to keep the key fields in one place. The price band is ₹159 to ₹167, and the lot size is 85 shares. The minimum retail amount at the top end of the band is ₹14,195. The IPO window is September 28 to September 30, 2026. Allotment is indicated for October 1, 2026, followed by refunds on October 5, 2026 and listing on October 6, 2026. The issue is positioned as a mainboard listing on BSE and NSE. The total issue size is repeatedly stated as ₹90.17 crore.

Reservation mix: QIB 50%, retail 35%, NII 15%

The reservation split is another data point investors are screenshotting and resharing. As per the shared reservation table, QIB allocation is not more than 50% of the net issue. Retail allocation is not less than 35% of the net issue. NII allocation is not less than 15% of the net issue. This mix matters because it influences where demand is likely to show up and how oversubscription trends can differ by category. Retail participants are particularly focused on the 35% floor for retail. HNI and NII investors are discussing application sizing because the minimum ticket sizes jump sharply above the retail maximum. The context does not provide subscription data at this stage, only the category-wise reservation limits.

Application sizes: retail maximum and HNI thresholds

The minimum bid is one lot, or 85 shares, and applications must be in multiples of 85 shares. Based on the upper band of ₹167, the minimum retail amount is ₹14,195 for 85 shares. The maximum retail application in the shared table is 14 lots, or 1,190 shares, for about ₹1,98,730. For NIIs, the shared split includes sNII and bNII reference points using the same lot size. The sNII minimum is shown as 15 lots, or 1,275 shares, for about ₹2,12,925. The bNII minimum is shown as 71 lots, or 6,035 shares, for about ₹10,07,845. These numbers are being used in posts to help investors decide which category they fall into before placing bids.

SEBI timeline and what is known from the context

One reason the IPO is being discussed alongside “eligibility” is the SEBI process mentioned in the circulating notes. The company filed draft papers with the capital markets regulator in September 2025. Those draft papers were subsequently approved by SEBI in March 2026, as per the shared context. The context also includes a general explainer that a mainboard IPO refers to listing on NSE or BSE. Within that same explainer, one eligibility criterion mentioned is a minimum post-issue paid-up capital of ₹10 crores for mainboard companies. The posts do not list other eligibility rules, financial thresholds, or compliance details beyond this point. So, what can be stated from the available information is limited to the SEBI approval timing and the one mainboard criterion quoted in the shared explainer.

Company location details shared by users

Several posts include the company’s stated location and contact points, which tend to circulate during IPO weeks. The company name is presented as Shah Investor’s Home Ltd. The address shared is Block 53, Zone 5, GIFT City, Gandhinagar, Gujarat 382050. The website link shared is https://www.sihl.in/. Email contacts circulated include [email protected] and company.secretary@sihl.in, along with another email handle shown as shahInvestors.ipo@in.mpms.mufg.com. A phone contact is also posted as +91 9904053335, and a separate number 022-49186000 appears in the same context. Investors typically use these details for cross-checking official documents and for registrar or process queries, but the context itself does not specify roles for each contact.

Market chatter: “expected premium” posts and how to read them

A small but visible strand of discussion references an “Exp. Premium ₹10 (6%)” figure. This appears in the context as a snapshot-style line item rather than an official announcement. The provided context does not describe how the premium estimate was computed or what market it refers to. It also does not provide any live subscription or allotment probability indicators. For readers following these posts, the key is to separate the confirmed IPO terms from informal price expectations. The confirmed terms in the shared material remain the price band, lot size, issue size, structure (fresh only), and the dates. Anything described as an expected premium is not presented as a guarantee in the context and should be treated as market chatter rather than a filed disclosure.

What to track as the September 28 opening nears

The most actionable items shared so far are operational: dates, lot size, and category thresholds. The IPO opens September 28, 2026 and closes September 30, 2026, so bid timing is straightforward. Investors who want to stay within the retail category are focusing on the maximum retail value shown as about ₹1,98,730 at the upper band. Those planning NII bids are using the sNII and bNII minimum application sizes shown in the table. The issue is stated to list on BSE and NSE on October 6, 2026, with allotment indicated for October 1, 2026. On eligibility, the context only provides one mainboard criterion quote and the SEBI approval month, so additional conclusions are not supported by the provided material. As always, the terms that matter most are the ones explicitly stated: ₹159-₹167 band, 85-share lots, ₹90.17 crore issue size, and the fresh issue structure.