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Steamhouse India Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Closed
GMP +₹21 +25.93% Est. Listing ₹102 P&L/Lot +₹3,885
Issue Price
₹81
Face ₹2
GMP
+₹21
+25.93% premium
Est. Listing
₹102
GMP based
Subscribed
32.07
✅ Strong
Min Amount
₹14,985
1 lot · 185 shares
Lot Size
185
shares / lot
Allotment
Important Dates
2/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
09 Sep 2026
Wed Completed
Done
Close Date
11 Sep 2026
Fri Completed
Soon
Allotment
15 Sep 2026
Tue Upcoming
Soon
Refund
16 Sep 2026
Wed Upcoming
Soon
Demat Credit
16 Sep 2026
Wed Upcoming
Soon
Listing Date
17 Sep 2026
Thu Upcoming
Issue Details
Pricing & Size
Issue Price
₹81 Face ₹2
Lot Size
185 shares
Min Investment
₹14,985
Total Issue Size
5,11,11,110 shares (agg. up to ₹414 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
10222223.00
NII / HNI
7666667.00
Retail
17888889.00
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
23,28,26,065 shares
Post-Issue Shareholding
27,64,06,311 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 185 ₹14,985
Objects of Issue
5 objectives
1
Repayment or prepayment of all or a portion of certain outstanding borrowings availed by Company
180.00 Cr
2
Funding capital expenditure requirements for augmenting infrastructure development of the Company towards capacity expansion of the Ankleshwar Facility (Phase 3
37.98 Cr
3
Funding capital expenditure requirements for augmenting infrastructure development of the Company towards capacity expansion of the Panoli Facility (Phase 2
37.98 Cr
4
Funding capital expenditure in relation to the setting up of a manufacturing facility for generation of steam at Dahej SEZ
38.17 Cr
5
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Equirus Capital Ltd
IPO Timeline
Open
09 Sep
✓ Done
Close
11 Sep
✓ Done
Allotment
15 Sep
Upcoming
Listing
17 Sep
Upcoming
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
040-79615565
Email
steamhouse.ipo@kfintech.com
Company Contact
Email
compliance@steamhouse.in
Phone
0261 2998109
Address
Office No. 324, Second Floor, Four Point, V.I.P. Road, Vesu Surat, Gujarat, 395007
Grey Market Premium
LIVE
Current GMP
+₹21
+25.93% vs Issue Price
Issue Price
₹81
Est. Listing
₹102
Lot Size
185 shares
P&L / Lot
+₹3,885
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
32.07
Overall Sub.
✅ Strong
46.19
QIB
17.78
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 46.19× 1,02,22,223 47,21,23,700 ₹3,824.20 Cr
NII / HNI (Total) 46.60× 76,66,667 35,72,55,165 ₹2,893.77 Cr
Retail Investors 17.78× 1,78,88,889 31,81,05,465 ₹2,576.65 Cr
Total ** 32.07× 3,57,77,779 1,14,74,84,330 ₹9,294.62 Cr
Market Maker *
* Based on ₹81.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,02,22,223
NII
76,66,667
Retail
1,78,88,889
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue494.97398.53293.16
PAT38.6431.1627.19
EBITDA83.4969.3268.41
Net Worth163.76131.00102.71
Total Assets679.45543.67422.31
Reserves127.5787.2558.35
Borrowings281.62222.95202.71
Key Financial Ratios
22.36
ROE
Return on Equity
16.06
ROCE
Return on Capital Employed
23.60
RONW
Return on Net Worth
7.81
PAT Margin
PAT / Revenue
16.99
EBITDA Mgn
EBITDA / Revenue
1.57
D/E Ratio
Debt to Equity
11.17
P/BV
Price to Book Value
1.66
Pre EPS
EPS Pre-Issue
1.40
Post EPS
EPS Post-Issue
48.8
Pre P/E
P/E Pre-Issue
57.86
Post P/E
P/E Post-Issue
About Steamhouse India Ltd

Incorporated in June 2015, SteamHouse India is an industrial gas company specialising in the generation and centralised distribution of steam and nitrogen through its pipeline network. Its community-based systems provide industrial customers with an alternative to developing and maintaining individual infrastructure. The company has an extensive pipeline network, spans over 45 kms in key industrial hubs including like Sachin, Vapi, Ankleshwar, Sarigram, Panoli and Nadesari.

Industrial Gas Business: The company's industrial gas business includes:

  • Generation and distribution of steam
  • Purchase and distribution of steam
  • Separation, compression and distribution of nitrogen

SteamHouse also purchases steam from other generating entities for distribution through its pipeline network. Additionally, it separates nitrogen from atmospheric air, compresses and supplies purified nitrogen to industrial customers, while also engaging in coal trading.

The company's clients include Aether Industries Limited, Anupam Rasayan India Limited, Globe Enviro Care limited, Gujarat Polysol Chemicals Private Limited, Devanshi Dyestuff, K. Patel Chemo Pharma Private Limited, K. Patel Dye Chem Industries Private Limited, Mahavir Synthesis Private Limited, Mangalam Intermediaries, Orgo Chem Gujarat Private Limited and Subhasri Pigments Limited.

As of July 31, 2026, the company had 229 employees and they utilised the services of 276 contract labourers.

Compettitve Strength:

  1. Leading market position offering customers an energy efficient solution across industries with high growth potential.
  2. High barriers to entry for competitors.
  3. Strategically located facilities offering community gas generation and distribution.
  4. Marquee customer base with long-term relationships driven by our value proposition.
  5. Track-record of implementing eco-friendly solutions and promoting sustainable development.
Frequently Asked Questions
What is the issue price of Steamhouse India Ltd IPO?
The issue price of Steamhouse India Ltd IPO is ₹81 per share, face value ₹2.
What is the lot size?
Minimum lot size is 185 shares, requiring ₹14,985.
What are the IPO dates?
Opens 09 Sep 2026, closes 11 Sep 2026.
When is the listing date?
Tentative listing: 17 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹21, estimated listing ₹102 (+25.93%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Steamhouse India Ltd IPO · Expected 15 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
15 Sep 2026
Refund Initiation
16 Sep 2026
Demat Credit
16 Sep 2026
Listing Date
17 Sep 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹21
+25.93%
Issue Price
₹81
Face ₹2
Lot Size
185
shares / lot
Min Amount
₹14,985
1 lot
Est. Listing
₹102
GMP +₹21
Subscription
Overall32.07×
QIB46.19×
NII46.60×
Retail17.78×
Key Dates
Open
09 Sep Done
Close
11 Sep Done
Listing
17 Sep Soon
Registrar
Kfin Technologies Ltd
A
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