Shah Investor’s Home Ltd. has opened its mainboard IPO on September 28. The stock-broking company is offering 53.99 lakh shares with a price band of Rs.159–167 per share and plans to raise around Rs.90.17 crore. The issue will close on September 30.
The company provides retail broking and technology-based investment services. Its IPO proceeds are intended to support business requirements, including working capital and expansion of its margin-trading facility, according to the company’s offer documents.
