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Steamhouse India Ltd IPO

Open Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,985
185 shares · 1 lot

Steamhouse India Ltd IPO is priced at ₹77–₹81 per share with an issue size of ₹414 crore. The IPO opens on Sep 09, 2026 and closes on Sep 11, 2026, with a lot size of 185 shares and a minimum investment of ₹14,985.

Open
09 Sep
Close
11 Sep
Allotment
15 Sep
Refund
16 Sep
Listing
17 Sep

Market Sentiment

Grey Market Premium

Full history →
+₹23.00 +28.4%
Est. listing: ₹104
Updated 10 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹77.00 - ₹81.00 per share
Lot Size185 shares
Min Investment₹14,985
Total Issue Size ₹414.00 crore
Shares Offered5,11,11,110
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Equirus Capital Ltd.
RegistrarKfin Technologies Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹81 · lot size 185 shares · estimated listing price ₹104 (GMP +₹23)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 185 ₹14,985 ₹19,240 +₹4,255
Retail (Max) 13 2,405 ₹1,94,805 ₹2,50,120 +₹55,315
S-HNI (Min) 14 2,590 ₹2,09,790 ₹2,69,360 +₹59,570
S-HNI (UPI limit) 33 6,105 ₹4,94,505 ₹6,34,920 +₹1,40,415
S-HNI (Max) 66 12,210 ₹9,89,010 ₹12,69,840 +₹2,80,830
B-HNI (Min) 67 12,395 ₹10,03,995 ₹12,89,080 +₹2,85,085
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹1.66
P/E (Post)
57.86 x
RoNW
23.60%
RoCE
16.06%
Net Worth
₹163.76 Cr
MetricLatest Reported
Total Income₹494.97 Cr
Profit After Tax₹38.64 Cr
Net Worth₹163.76 Cr

Promoters & Holding

Promoters: Vishal Sanwarprasad Budhia

Promoter Holding (Pre-Issue)96.59%
Promoter Holding (Post-Issue)78.63%

Strengths & Risks

Strengths

  • Leading market position offering customers an energy efficient solution across industries with high growth potential.
  • High barriers to entry for competitors.
  • Strategically located facilities offering community gas generation and distribution.
  • Marquee customer base with long-term relationships driven by our value proposition.
  • Track-record of implementing eco-friendly solutions and promoting sustainable development.

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue.
  • Fluctuations in the prices of raw materials.
  • Regulatory changes affecting the industrial gas sector.
  • Competition from other industrial gas suppliers.
  • Operational risks associated with the maintenance of pipeline infrastructure.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

SteamHouse India is an industrial gas company specialising in the generation and centralised distribution of steam and nitrogen through its pipeline network.

Founded2015-06-01
HeadquartersSurat, Gujarat
IndustryIndustrial Gas
Websitehttps://steamhouse.in/

Objects of the Issue

  • Repayment or prepayment of all or a portion of certain outstanding borrowings availed by Company
  • Funding capital expenditure requirements for augmenting infrastructure development of the Company towards capacity expansion of the Ankleshwar Facility (Phase 3)
  • Funding capital expenditure requirements for augmenting infrastructure development of the Company towards capacity expansion of the Panoli Facility (Phase 2)
  • Funding capital expenditure in relation to the setting up of a manufacturing facility for generation of steam at Dahej SEZ
  • General Corporate Purposes

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone040-79615565
Email[email protected]

Resources & Documents

Frequently Asked Questions

12 answers about Steamhouse India Ltd IPO — dates, pricing, allotment and listing.

Steamhouse India Ltd IPO is a bookbuilding ipo of ₹414 crore. The issue is priced at ₹77–₹81 per share, with a lot size of 185 shares. Bidding opens on Wed, 09 Sep 2026 and closes on Fri, 11 Sep 2026, with shares to be listed on BSE and NSE.

The price band is ₹77–₹81 per share.

One lot is 185 shares. Bids must be placed in multiples of 185.

A retail investor needs at least ₹14,985 – one lot of 185 shares at ₹81, the upper end of the price band.

Steamhouse India Ltd IPO opens on Wed, 09 Sep 2026 and closes on Fri, 11 Sep 2026.

Allotment is expected to be finalised on Tue, 15 Sep 2026.

Steamhouse India Ltd shares are expected to list on Thu, 17 Sep 2026 on BSE and NSE.

The company intends to use the net proceeds towards repayment or prepayment of all or a portion of certain outstanding borrowings availed by company, funding capital expenditure requirements for augmenting infrastructure development of the company towards capacity expansion of the ankleshwar facility (phase 3), funding capital expenditure requirements for augmenting infrastructure development of the company towards capacity expansion of the panoli facility (phase 2), funding capital expenditure in relation to the setting up of a manufacturing facility for generation of steam at dahej sez and general corporate purposes.

Equirus Capital Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.

Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select Steamhouse India Ltd IPO, enter a quantity in multiples of 185 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.

Category-wise demand from retail, NII and QIB bidders is on the Steamhouse India Ltd IPO subscription page, and on the BSE and NSE websites.

From Tue, 15 Sep 2026, check the Steamhouse India Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.