IPO Issue Details
Issue Price / Price Band₹81 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size185 Shares per Lot
Total Issue Size5,11,11,110 shares (agg. up to ₹414 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 09 Sep 2026
Subscription CloseFri, 11 Sep 2026
Anchor AllotmentTue, 08 Sep 2026
Basis of AllotmentTue, 15 Sep 2026
Initiation of RefundsWed, 16 Sep 2026
Credit of Shares to DematWed, 16 Sep 2026
Listing DateThu, 17 Sep 2026
UPI Mandate Deadline5:00 PM on 11 Sep 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,985 — 185 shares
Retail — Max (13 Lots)₹194,805 (13 Lots)
HNI — Min (3 Lots)₹44,955 — 555 shares
EPS (Pre-IPO)₹1.66
EPS (Post-IPO)₹1.40
P/E Ratio (Pre-IPO)48.8x
P/E Ratio (Post-IPO)57.86x
Pre-IPO Promoter Holding23,28,26,065 shares
Post-IPO Promoter Holding27,64,06,311 shares
Fresh Issue Shares4,35,80,246 shares (agg. up to ₹353 Cr)
Offer for Sale Shares75,30,864 shares of ₹2 (agg. up to ₹61 Cr)
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 steamPurchase and distribution of steamSeparation, compression and distribution of nitrogenSteamHouse 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: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.
Objects of the Issue
Steamhouse India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment or prepayment of all or a portion of certain outstanding borrowings availed by Company
180.00
2
Funding capital expenditure requirements for augmenting infrastructure development of the Company towards capacity expansion of the Ankleshwar Facility (Phase 3
37.98
3
Funding capital expenditure requirements for augmenting infrastructure development of the Company towards capacity expansion of the Panoli Facility (Phase 2
37.98
4
Funding capital expenditure in relation to the setting up of a manufacturing facility for generation of steam at Dahej SEZ
38.17
5
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
23,28,26,065 shares
Post-IPO Promoter Holding
27,64,06,311 shares
Lock-in Period (30%)Thu, Oct 15, 2026
Lock-in Period (50%)Mon, Dec 14, 2026