
Steamhouse IPO
STEAMHOUSE
Last updated on 08/11/2026 | 07:00 IST
Steamhouse IPO will open on 09 Sep '26 and close on 11 Sep '26, with the IPO allotment date scheduled for 15 Sep '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 17 Sep '26. The price band is set at ₹77 to ₹81 per share with a minimum lot size of 185 shares. Equirus Capital Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar of the issue; for detailed information, refer directly to the official Steamhouse IPO RHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Steamhouse IPO Dates & Details
Open Date
09 Sep '26
Close Date
11 Sep '26
Allotment Date
15 Sep '26
Refund Date
16 Sep '26
Listing Date
17 Sep '26
Price Range
₹77 - ₹81
Min Investment
₹14,985
Lot Size
185
Listing at
NSE
IPO Document
Steamhouse IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 1,88,18,181.5 crores |
| Non-Institutional Investors (NIIs) | 15% | 56,45,454.45 crores |
| Retail Individual Investors (RIIs) | 35% | 1,31,72,727.05 crores |
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.
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 Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 3,76,36,363 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 Shares
| Minimum Shares | Maximum 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. |


