Steamhouse India Limited IPO
9 Sept 2026 – 11 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹115
- H
- ₹118.42
- L
- ₹112.07
- C
- ₹118.42
13 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹77 – ₹81
- Lot Size
- 185 shares
- Min Investment
- ₹14,985 (1 lot · 185 shares)
- Face Value
- ₹2
- Fresh Issue
- ₹353 Cr (to the company)
- Offer for Sale
- ₹61 Cr (to selling holders)
- Issue Size
- Initial public offer comprising of Fresh Issue aggregating up to Rs. 3530 million and Offer for sale aggregating up to Rs. 610 million (Including Anchor portion of 1,53,33,332 equity shares)
- Registrar
- KFin Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹16 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 16 Sept | ₹13.5 | +16.7% | −₹5.5 | ₹94.5 | |
| 15 Sept | ₹19 | +23.5% | −₹5 | ₹100 | |
| 14 Sept | ₹24 | +29.6% | +₹3 | ₹105 | |
| 13 Sept | ₹21 | +25.9% | — | ₹102 | |
| 12 Sept | ₹21 | +25.9% | — | ₹102 | |
| 11 Sept | ₹21 | +25.9% | −₹1 | ₹102 | |
| 10 Sept | ₹22 | +27.2% | +₹2 | ₹103 | |
| 9 Sept | ₹20 | +24.7% | +₹2 | ₹101 | |
| 8 Sept | ₹18 | +22.2% | +₹18 | ₹99 | |
| 7 Sept | ₹0 | 0.0% | — | ₹81 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 1,07,53,24628.6% | 18,63,65,300 | 17.33x |
| NII / HNI | 80,64,93521.4% | 25,02,50,055 | 31.03x |
| bNII · bids above ₹10L | 53,76,62414.3% | 16,13,86,415 | 30.02x |
| sNII · bids ₹2L–₹10L | 26,88,3117.1% | 8,88,63,640 | 33.06x |
| Retail | 1,88,18,18250.0% | 23,66,58,105 | 12.58x |
Bids received on NSE, as at 11-Sep-2026 19:00:57 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 11 Sept | — | — | — | 17.89x |
| 10 Sept | 1.62x | 2.00x | 2.63x | 2.21x |
| 9 Sept | 0.00x | 0.30x | 0.70x | 0.42x |
Financials
All values in ₹ crore
About Steamhouse India
Incorporated in June 2015, Steamhouse India is a Surat-based industrial steam and gas supplier company. The company has an extensive pipeline network, spans over 45 kms in key industrial hubs including like Sachin, Vapi, Ankleshwar, Sarigram, Panoli and Nadesari. The company started nitrogen production and supply on February 1, 2025, with its first project at the Ankleshwar facility. In Fiscal 2025, they earned ₹0.90 million from nitrogen operations, increasing to ₹3.01 million in the stub period ending September 30, 2025. As of November 15, 2025, the seven boilers have a combined steam capacity of 345 tonnes per hour, equating to 2,185,920 tonnes per annum. As of November 15, 2025, the company owned, operated and maintained a 56,236 meters operational pipeline system connecting its facilities to its customers’ premises. With a strong focus on cutting-edge technology, the company provides energy-efficienct and eco-conscious steam solutions. 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 September 30, 2025, the company's workforce comprised 213 employees, and it utilises the services of 292contract labourers (136 at Ankleshwar, 50 at Nandesari, 34at Sarigam, 38 at Vapiand 34at Panoli). Compettitve Strength: 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.
As published in the company's own offer documents.
Lead Managers
- Equirus Capital Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 185 | ₹14,985 |
| Retail (max)most that stays under ₹2L | 13 | 2,405 | ₹1,94,805 |
| S-HNI (min)first bid over ₹2L | 14 | 2,590 | ₹2,09,790 |
| S-HNI (max)most that stays under ₹10L | 66 | 12,210 | ₹9,89,010 |
| B-HNI (min)first bid over ₹10L | 67 | 12,395 | ₹10,03,995 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 185 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (QIB)
- 3,76,36,215 Equity Shares in multiple of 185 Equity Shares
- Max Bid (NII)
- 2,68,83,090 Equity Shares in multiple of 185 Equity Shares
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 11-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- HDFC Bank Limited and ICICI Bank Limited
Registrar
- Name
- KFin Technologies Limited
- Address
- Selenium Tower B, Plot No.31 and 32, Financial District, Nanakramguda, Serilingampally Hyderabad 500 032, Telangana, India
- Contact
- M. Murali Krishna, +91 40 6716 2222, steamhouse.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Steamhouse India Limited IPO today?
The latest grey market premium for Steamhouse India Limited IPO is ₹16. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Steamhouse India Limited IPO?
The price band is ₹77 – ₹81, with a lot size of 185 shares. The minimum investment is ₹14,985.
When does Steamhouse India Limited IPO open and close?
The issue opens on 9 Sept 2026 and closes on 11 Sept 2026. Listing is expected on 17 Sept 2026.
Who is the registrar for Steamhouse India Limited IPO?
KFin Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.