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Steamhouse India Ltd
Closed NSE & BSE Bookbuilding IPO

Steamhouse India Ltd IPO

GMP Today
+₹21
+25%
Issue Price
₹81
Est. Listing: ₹102
IPO Overview
Quick facts
Issue Price
₹81
Lot Size
185 shares
Min. Investment
₹14,985
Issue Size
5,11,11,110 shares (agg. up to ₹414 Cr)
Face Value
₹2
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
Important Dates
IPO Open
09 Sep 2026
Done
IPO Close
11 Sep 2026
Done
Allotment
15 Sep 2026
Today
Refund Init.
16 Sep 2026
Demat Credit
16 Sep 2026
Listing Date
17 Sep 2026
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 10222223 ₹—
NII / HNI (Non-Institutional) 7666667
Retail (Individual) 17888889 1 ₹14,985
Fresh Issue 4,35,80,246 shares (agg. up to ₹353 Cr) ₹—
OFS (Offer for Sale) 75,30,864 shares of ₹2 (agg. up to ₹61 Cr) ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 1 185 ₹14,985
Subscription Status
Final
Metric QIB NII Retail Total
Subscription 46.19 46.60 17.78 32.07
Shares 10222223 7666667 17888889 35777779
Bids 472123700 357255165 318105465 1147484330
Financial Highlights

Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 494398293
PAT 383127
EBITDA 836968
Net Worth 163131102
Total Assets 679543422
Reserves 1278758
Borrowings 281222202
ROE
22
ROCE
16
RONW
23
PAT Margin
7
EBITDA Mgn
16
D/E Ratio
1
P/B Value
11
Pre EPS
1
Post EPS
1
Pre P/E
48
Post P/E
57
Objects of 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
  • {"object":null,"expected_amount":null}
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.
Apply for This IPO
₹81
Min. ₹14,985 · 185 shares/lot
Expected Listing ₹102
GMP +₹21 (+25%)
Close Date 11 Sep 2026
Check Allotment
Pre-Issue
23,28,26,065 shares
Post-Issue
27,64,06,311 shares
Company Contact
Registrar
Kfin Technologies Ltd
  • 040-79615565
  • steamhouse.ipo@kfintech.com
Lead Managers
  • Equirus Capital Ltd
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