About Steamhouse India Ltd IPO
Incorporated in June 2015, SteamHouse India is an industrial gas company that generates and centrally distributes steam and nitrogen through its pipeline network. Its community-based model allows industrial customers to access these utilities without having to build and maintain their own individual infrastructure.
The company operates an extensive pipeline network of more than 45 km across key industrial hubs such as Sachin, Vapi, Ankleshwar, Sarigram, Panoli and Nadesari. Its industrial gas business covers the generation and distribution of steam, the purchase and distribution of steam, and the separation, compression and distribution of nitrogen.
SteamHouse also purchases steam from other generating entities and distributes it through its pipeline network. For nitrogen, the company separates the gas from atmospheric air, compresses it and supplies purified nitrogen to industrial customers. In addition, it is involved in coal trading.
The company serves customers across industrial sectors, including 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, SteamHouse India had 229 employees and also engaged 276 contract labourers.
Incorporated in June 2015, SteamHouse India is an industrial gas company that generates and centrally distributes steam and nitrogen through its pipeline network. Its community-based model allows industrial customers to access these utilities without having to build and maintain their own individual infrastructure. The company operates an extensive pipeline network of more than
Steamhouse IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 2,68,83,116 crores |
| Non-Institutional Investors (NIIs) | 15% | 80,64,934.8 crores |
| Retail Individual Investors (RIIs) | 35% | 1,88,18,181.2 crores |
Steamhouse IPO Strengths & Weaknesses
Strong market position with an energy-efficient utility solution for industrial customers.
High entry barriers due to the infrastructure and pipeline network required for the business.
Strategically located facilities close to major industrial clusters.
Established customer base with long-term relationships and repeat business.
More than 45 km of pipeline network supporting centralised steam and nitrogen distribution.
Focus on eco-friendly solutions and sustainable industrial practices.
Dependence on customer proximity limits the company’s ability to expand into distant markets.
Top 10 customers contribute 47.8% of revenue, creating customer concentration risk.
Around 90% of revenue comes from repeat orders, making business performance sensitive to customer retention.
Availability and pricing of coal could affect the steam generation business.
Steamhouse IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 15 Sep '26 | 17 Sep '26 | 16 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 5,37,66,232 shares (aggregating up to ₹14,985 crores) |
| Fresh Issue | 2,17,90,123 shares (aggregating up to ₹4,35,80,246 crores) |
| Offer for Sale | 37,65,432 shares of ₹2 (aggregating up to ₹75,30,864 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Steamhouse IPO Lot Size and Investment Details
| Minimum Lot Size | 185 shares |
| Maximum Lot Size (Retail) | 6,105 shares |
The lot size of Steamhouse ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Steamhouse IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Steamhouse IPO Contact & Registrar Details
Contact Details
Address
Office No. 324, Second Floor, Four Point, V.I.P. Road, Vesu Surat
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Steamhouse Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Equirus Capital Ltd. |
