{"id":289243,"date":"2026-10-06T11:25:16","date_gmt":"2026-10-06T05:55:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=289243"},"modified":"2026-10-06T11:25:16","modified_gmt":"2026-10-06T05:55:16","slug":"srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/","title":{"rendered":"SRIT India Listing vs Shah Investor&#8217;s Home Listing: Discount or Premium on 6 October, the Best and Worst Debuts of the Week, How Subscription and GMP Compared With the Actual Listing and What Investors Should Weigh"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>6 Oct: SRIT India listed Rs 148 NSE (+13.85%), 125x subscribed, GMP was 36-42%. Shah Investor&#8217;s Home listed Rs 171 (+2.4%), 38x subscribed, GMP 5-8%.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">SRIT India listing on 6 October was at Rs 148 on the NSE, a 13.85% premium to the Rs 130 issue price, and Rs 139.80 on the BSE, while Shah Investor&#8217;s Home listed at Rs 171 on both exchanges, a 2.4% premium to Rs 167, so both listed at a premium and neither at a discount. SRIT&#8217;s IPO was subscribed 125.16 times and was expected to list far higher, with a grey market premium near 36% to 42%, so the listing fell short of GMP, and the stock later traded near Rs 155, about 19% above the issue price. Shah Investor&#8217;s Home was subscribed 38.12 times with a GMP of 5% to 8%, so its 2.4% pop was a miss as well, and a lot gained only about Rs 340 against about Rs 2,070 for SRIT. Orient Cables was the best debut of the week at 65% and AceVector the worst at an 11.5% discount, so IPO investors should not rely on subscription or GMP alone.<\/p>\n<\/p><\/div>\n<p>SRIT India listing and the Shah Investor&#8217;s Home listing both happened on Tuesday, 6 October, and the SRIT India listing gives a clean comparison of two IPOs that opened and closed on the same days, 28 to 30 September. Both listed above their issue prices, but the gap between them was large.<\/p>\n<p>If you are checking whether the new IPO listings came at a discount or a premium, this article covers the SRIT India listing and the Shah Investor&#8217;s Home listing prices, the 125.16 times and 38.12 times subscription by category, IPO GMP versus the actual listing premium, per lot gains, the business of each company, this week&#8217;s best and worst debuts including Orient Cables and AceVector, and the risks. Listing prices vary between NSE and BSE, so the article shows both for the SRIT India listing.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#SRIT_India_Listing_vs_Shah_Investors_Home_Listing_Side_by_Side\" title=\"SRIT India Listing vs Shah Investor&#8217;s Home Listing: Side by Side\">SRIT India Listing vs Shah Investor&#8217;s Home Listing: Side by Side<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Subscription_by_Category_Before_the_SRIT_India_Listing_What_the_Demand_Looked_Like\" title=\"Subscription by Category Before the SRIT India Listing: What the Demand Looked Like\">Subscription by Category Before the SRIT India Listing: What the Demand Looked Like<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#IPO_GMP_Versus_the_Actual_SRIT_India_Listing_Which_Misjudged_More\" title=\"IPO GMP Versus the Actual SRIT India Listing: Which Misjudged More?\">IPO GMP Versus the Actual SRIT India Listing: Which Misjudged More?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#The_Businesses_Behind_the_SRIT_India_Listing_and_Shah_Investors_Home_Listing\" title=\"The Businesses Behind the SRIT India Listing and Shah Investor&#8217;s Home Listing\">The Businesses Behind the SRIT India Listing and Shah Investor&#8217;s Home Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#This_Weeks_Best_and_Worst_Debuts_Beyond_the_SRIT_India_Listing\" title=\"This Week&#8217;s Best and Worst Debuts Beyond the SRIT India Listing\">This Week&#8217;s Best and Worst Debuts Beyond the SRIT India Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#What_to_Weigh_After_the_SRIT_India_Listing_and_Shah_Investors_Home_Listing\" title=\"What to Weigh After the SRIT India Listing and Shah Investor&#8217;s Home Listing\">What to Weigh After the SRIT India Listing and Shah Investor&#8217;s Home Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Risks_After_the_SRIT_India_Listing_and_Shah_Investors_Home_Listing\" title=\"Risks After the SRIT India Listing and Shah Investor&#8217;s Home Listing\">Risks After the SRIT India Listing and Shah Investor&#8217;s Home Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#What_to_Watch_Next_for_the_SRIT_India_Listing_and_Shah_Investors_Home\" title=\"What to Watch Next for the SRIT India Listing and Shah Investor&#8217;s Home\">What to Watch Next for the SRIT India Listing and Shah Investor&#8217;s Home<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#What_was_the_SRIT_India_listing_price\" title=\"What was the SRIT India listing price?\">What was the SRIT India listing price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#What_was_the_Shah_Investors_Home_listing_price\" title=\"What was the Shah Investor&#8217;s Home listing price?\">What was the Shah Investor&#8217;s Home listing price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Did_these_IPOs_list_at_a_discount_or_a_premium\" title=\"Did these IPOs list at a discount or a premium?\">Did these IPOs list at a discount or a premium?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#How_were_the_IPOs_subscribed\" title=\"How were the IPOs subscribed?\">How were the IPOs subscribed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#How_much_did_investors_gain_per_lot\" title=\"How much did investors gain per lot?\">How much did investors gain per lot?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#What_was_the_IPO_GMP_before_listing\" title=\"What was the IPO GMP before listing?\">What was the IPO GMP before listing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Which_was_the_best_and_worst_debut_this_week\" title=\"Which was the best and worst debut this week?\">Which was the best and worst debut this week?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-listing-vs-shah-investors-home-listing-premium-best-worst-debut\/#Should_I_buy_SRIT_India_or_Shah_Investors_Home_now\" title=\"Should I buy SRIT India or Shah Investor&#8217;s Home now?\">Should I buy SRIT India or Shah Investor&#8217;s Home now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"SRIT_India_Listing_vs_Shah_Investors_Home_Listing_Side_by_Side\"><\/span><strong>SRIT India Listing vs Shah Investor&#8217;s Home Listing: Side by Side<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The SRIT India listing is the stronger of the two on every measure in the table, from subscription to the listing premium.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">SRIT India<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Shah Investor&#8217;s Home<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 130 (band Rs 123 to Rs 130)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 167 (band Rs 159 to Rs 167)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 218.40 crore, all fresh<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 90.17 crore, all fresh<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Subscription<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">125.16 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">38.12 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">NSE listing price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 148, premium of 13.85%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 171, premium of 2.40%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">BSE listing price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 139.80, premium of 7.54%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 171, premium of 2.40%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Early trading level<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 155, up about 19% from issue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not available in my sources<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lot size and cost<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">115 shares, Rs 14,950<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">85 shares, Rs 14,195<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gain per lot at NSE listing<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 2,070<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 340<\/td>\n<\/tr>\n<\/table>\n<p>Some reports reversed the exchanges for SRIT, quoting Rs 139.80 on the NSE and Rs 140 on the BSE, but the majority of reports show Rs 148 on the NSE and Rs 139.80 on the BSE. Check the exchange feed for the final listing prices.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on newly listed stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Subscription_by_Category_Before_the_SRIT_India_Listing_What_the_Demand_Looked_Like\"><\/span><strong>Subscription by Category Before the SRIT India Listing: What the Demand Looked Like<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Category<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">SRIT India<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Shah Investor&#8217;s Home<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Qualified institutional buyers<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">91.84 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">28.05 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Non-institutional investors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">312.99 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">95.54 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Retail investors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">63.70 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">19.26 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Overall<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">125.16 times, bids for about 147 crore shares against 1.18 crore offered<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">38.12 times<\/td>\n<\/tr>\n<\/table>\n<p>SRIT&#8217;s demand was nearly three times that of Shah Investor&#8217;s Home, and the non-institutional portion at about 313 times was the standout. Yet the SRIT India listing premium was modest against what a 125 times issue usually produces.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"IPO_GMP_Versus_the_Actual_SRIT_India_Listing_Which_Misjudged_More\"><\/span><strong>IPO GMP Versus the Actual SRIT India Listing: Which Misjudged More?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">IPO<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Grey market premium before listing<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Actual NSE listing premium<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Gap<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SRIT India<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 47 to Rs 55, or about 36% to 42%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13.85%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listed far below GMP<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shah Investor&#8217;s Home<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 9 to Rs 13.5, or about 5% to 8%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.40%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listed below GMP<\/td>\n<\/tr>\n<\/table>\n<p>Both listings came in below the grey market. The SRIT India listing missed by more in percentage points, which shows that heavy subscription does not guarantee a listing pop when the market is weak. The IPO GMP percentages are from trackers and are unofficial.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the SRIT India listing and IPO stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Businesses_Behind_the_SRIT_India_Listing_and_Shah_Investors_Home_Listing\"><\/span><strong>The Businesses Behind the SRIT India Listing and Shah Investor&#8217;s Home Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Company<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Business<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Points to weigh<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SRIT India<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bengaluru-based IT and IT-enabled services provider with about 26 years of experience, serving government and large clients<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Working capital cycle and sustaining revenue growth<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shah Investor&#8217;s Home<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Ahmedabad-based retail stockbroking and financial services company operating since 1994<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dependence on market activity; part of proceeds is for general corporate purposes<\/td>\n<\/tr>\n<\/table>\n<p>Shah Investor&#8217;s Home sold 53.99 lakh fresh shares and had 1.5754 crore shares before the issue, so the IPO is about a quarter of the enlarged capital. SRIT India issued 1.68 crore fresh shares and has no offer for sale.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Best_and_Worst_Debuts_Beyond_the_SRIT_India_Listing\"><\/span><strong>This Week&#8217;s Best and Worst Debuts Beyond the SRIT India Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">IPO<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Listing versus issue price<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Rank<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Orient Cables<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 65.4% on the NSE, then a lower circuit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Best debut of the week<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SRIT India<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 13.85% on the NSE<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Second best<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shah Investor&#8217;s Home<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 2.4%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Modest<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">German Green Steel &#038; Power<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 2.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Modest<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Runwal Enterprises<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Flat<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Flat<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">AceVector (Snapdeal)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 11.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Worst debut of the week<\/td>\n<\/tr>\n<\/table>\n<p>The week shows a wide spread beyond the SRIT India listing, from a 65% pop to an 11.5% discount, and no relationship between subscription and listing gain: Orient Cables was 92 times subscribed, AceVector only about 4.9 times, and SRIT 125 times.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Weigh_After_the_SRIT_India_Listing_and_Shah_Investors_Home_Listing\"><\/span><strong>What to Weigh After the SRIT India Listing and Shah Investor&#8217;s Home Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Situation<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Points to weigh<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Allotted SRIT India shares<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A gain of 14% to about 19% is decent; decide between booking profit and holding for business growth<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Allotted Shah Investor&#8217;s Home shares<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A gain of about 2.4% is thin after costs; the stock depends on broking and market activity<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Considering a fresh buy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Look at earnings, working capital and valuation, not the listing pop<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Following IPO strategy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Treat GMP and subscription as sentiment signals only<\/td>\n<\/tr>\n<\/table>\n<p>This table frames the choices after the SRIT India listing and is not a recommendation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_After_the_SRIT_India_Listing_and_Shah_Investors_Home_Listing\"><\/span><strong>Risks After the SRIT India Listing and Shah Investor&#8217;s Home Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>IPO GMP and subscription misled:<\/strong> Both IPOs, including the SRIT India listing, came in below grey market expectations.<\/p>\n<p><strong>Listing-day volatility:<\/strong> The SRIT India listing moved from Rs 139.80 to Rs 155 within hours.<\/p>\n<p><strong>Small-cap liquidity:<\/strong> Newly listed mainboard small caps, including after the SRIT India listing, can swing sharply either way.<\/p>\n<p><strong>Market conditions:<\/strong> A weak market and the RBI policy on 7 October can pressure new listings.<\/p>\n<p><strong>Business risks:<\/strong> SRIT&#8217;s working capital and Shah&#8217;s dependence on trading volumes affect the outlook.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_SRIT_India_Listing_and_Shah_Investors_Home\"><\/span><strong>What to Watch Next for the SRIT India Listing and Shah Investor&#8217;s Home<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Whether SRIT holds above its Rs 148 NSE listing price and Rs 130 issue price.<\/li>\n<li>Whether Shah Investor&#8217;s Home stays above Rs 167.<\/li>\n<li>First results as listed companies, especially cash flow.<\/li>\n<li>Upcoming lock-in expiries for anchor investors.<\/li>\n<li>The next batch of IPO listings and their GMP versus actual performance.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SRIT India listing at Rs 148 on the NSE (13.85%) beat Shah Investor&#8217;s Home at Rs 171 (2.4%), and both were premiums, not discounts, but both fell short of grey market expectations, so the listing premium was smaller than hoped. Subscription of 125 times and 38 times did not predict the pop, and Orient Cables and AceVector were the week&#8217;s best and worst debuts. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_SRIT_India_listing_price\"><\/span><strong>What was the SRIT India listing price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SRIT India listed at Rs 148 on the NSE, a 13.85% premium to the Rs 130 issue price, and at Rs 139.80 on the BSE, a 7.54% premium.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Shah_Investors_Home_listing_price\"><\/span><strong>What was the Shah Investor&#8217;s Home listing price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It listed at Rs 171 on both the NSE and BSE, a 2.4% premium to the Rs 167 issue price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_these_IPOs_list_at_a_discount_or_a_premium\"><\/span><strong>Did these IPOs list at a discount or a premium?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Both listed at a premium after the SRIT India listing and the Shah listing. SRIT India was up 13.85% on the NSE and Shah Investor&#8217;s Home up 2.4%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_were_the_IPOs_subscribed\"><\/span><strong>How were the IPOs subscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SRIT India was subscribed 125.16 times and Shah Investor&#8217;s Home 38.12 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_investors_gain_per_lot\"><\/span><strong>How much did investors gain per lot?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the SRIT India listing, about Rs 2,070 on a 115-share lot, and about Rs 340 on an 85-share Shah Investor&#8217;s Home lot at the NSE listing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_IPO_GMP_before_listing\"><\/span><strong>What was the IPO GMP before listing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SRIT India&#8217;s GMP was about 36% to 42% and Shah Investor&#8217;s Home&#8217;s about 5% to 8%, and both listed below it.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_was_the_best_and_worst_debut_this_week\"><\/span><strong>Which was the best and worst debut this week?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Orient Cables was the best at about 65% and AceVector the worst at about an 11.5% discount.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_SRIT_India_or_Shah_Investors_Home_now\"><\/span><strong>Should I buy SRIT India or Shah Investor&#8217;s Home now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Check earnings and valuation, not just the SRIT India listing. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What was the SRIT India listing price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"SRIT India listed at Rs 148 on the NSE, a 13.85% premium to the Rs 130 issue price, and at Rs 139.80 on the BSE, a 7.54% premium.\"}},{\"@type\":\"Question\",\"name\":\"What was the Shah Investor's Home listing price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It listed at Rs 171 on both the NSE and BSE, a 2.4% premium to the Rs 167 issue price.\"}},{\"@type\":\"Question\",\"name\":\"Did these IPOs list at a discount or a premium?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Both listed at a premium after the SRIT India listing and the Shah listing. SRIT India was up 13.85% on the NSE and Shah Investor's Home up 2.4%.\"}},{\"@type\":\"Question\",\"name\":\"How were the IPOs subscribed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"SRIT India was subscribed 125.16 times and Shah Investor's Home 38.12 times.\"}},{\"@type\":\"Question\",\"name\":\"How much did investors gain per lot?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the SRIT India listing, about Rs 2,070 on a 115-share lot, and about Rs 340 on an 85-share Shah Investor's Home lot at the NSE listing prices.\"}},{\"@type\":\"Question\",\"name\":\"What was the IPO GMP before listing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"SRIT India's GMP was about 36% to 42% and Shah Investor's Home's about 5% to 8%, and both listed below it.\"}},{\"@type\":\"Question\",\"name\":\"Which was the best and worst debut this week?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Orient Cables was the best at about 65% and AceVector the worst at about an 11.5% discount.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy SRIT India or Shah Investor's Home now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Check earnings and valuation, not just the SRIT India listing. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SRIT India listing at Rs 148 beat Shah Investor&#8217;s Home at Rs 171. Compare subscription, GMP, per-lot gains and the week&#8217;s best and worst debuts.<\/p>\n","protected":false},"author":29,"featured_media":289240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[8571,3808,8570,8569,8568],"class_list":["post-289243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-best-debut","tag-ipo-listing","tag-listing-premium","tag-shah-investors-home","tag-srit-india"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["289240"],"rank_math_title":["SRIT India Listing vs Shah Investor's Home: Best and Worst Debut"],"rank_math_description":["SRIT India listing at Rs 148 (+13.85%) beat Shah Investor's Home at Rs 171 (+2.4%) on 6 October. Compare subscription, GMP, per-lot gains and the best and worst debuts."],"rank_math_focus_keyword":["SRIT India listing"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/srit-india-listing-vs-shah-investor-s-home-listing-discount-or-premium-on-6.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=289243"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289243\/revisions"}],"predecessor-version":[{"id":289244,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289243\/revisions\/289244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/289240"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=289243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=289243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=289243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}