Shah Investor’s Home IPO oversubscribed ahead of allotment
In short
Shah Investor’s Home IPO had bids for 1,47,18,85,805 shares, while only 1,17,60,000 shares were on offer. The price band was Rs 123-130 per share, and each lot had 115 shares.
This matters because investors are waiting for allotment and a possible listing. The final allotment and listing price are not stated in the available reporting.
What the reporting says
Shah Investor’s Home IPO received bids for 1,47,18,85,805 shares against 1,17,60,000 shares on offer, with allotment expected today. The issue was priced in a band of Rs 123-130 per share and had a lot size of 115 shares. The reporting does not state the final allotment outcome, listing date, or whether investors will receive shares.
Why it matters
The IPO drew strong demand, with bids far exceeding shares available. The issue was offered at Rs 123-130 per share in lots of 115 shares, which sets the immediate context for allotment. The reporting does not provide the allotment status, listing date, or any grey market premium beyond mentioning it in the headline.