Status
Listed
Price band
₹77–₹81
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
185 shares
Minimum money
₹14,985 for 1 lot
Issue size
₹414 crore
Dates
9 Sept 2026 – 11 Sept 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Steamhouse India Ltd. IPO is listed. It opens on 9 Sept 2026 and closes on 11 Sept 2026. The price band is ₹77 to ₹81. One lot is 185 shares, and the minimum amount is ₹14,985. The issue size is ₹414 crore, with a fresh issue of ₹353 crore and an offer for sale of ₹61 crore. In FY26, total income was ₹494.97 crore and profit after tax was ₹38.64 crore. Total income was up 24.2% from ₹398.53 crore in FY25. Profit after tax was up 24% from ₹31.16 crore in FY25.
The total subscription for Steamhouse India Ltd. is 32.07 times.
Steamhouse India Ltd. listed at ₹94.5.
Steamhouse India is an industrial gas company that generates steam and nitrogen. It supplies them to factories through a shared pipeline network.
Dates
Opens
9 Sept 2026
Closes
11 Sept 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
15 Sept 2026
Refunds
16 Sept 2026
Demat credit
16 Sept 2026
Listing
17 Sept 2026
Objects of the 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 in relation to the setting up of a manufacturing facility for generation of steam at Dahej SEZ
- General Corporate Purposes
- Issue Expenses
Promoters
Vishal Sanwarprasad Budhia, Ritu Budhia, V SB Business Trust, Budhia Business Trust and VB Business Trust
Subscription
Subscribed 32.07x overall. Final, as of 11 Sept 5 pm IST.
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
46.19x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
46.6x
Retail
17.78x
Total
32.07x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹353 crore |
| Offer for sale | ₹61 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹2
- Fresh issue
- ₹353 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹61 crore
- Exchanges
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹293.16 crore | ₹27.19 crore |
| FY25 | ₹398.53 crore | ₹31.16 crore |
| FY26 | ₹494.97 crore | ₹38.64 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹102.71 crore |
| FY25 | ₹131 crore |
| FY26 | ₹163.76 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 293.16 | 27.19 | 102.71 | — | — |
| FY25 | 398.53 | 31.16 | 131 | — | — |
| FY26 | 494.97 | 38.64 | 163.76 | — | — |
Listing
- Listing price
- ₹94.5
- Close on listing day
- ₹102.55
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 16.67% versus ₹81
Frequently asked questions
When does this issue open?
It opens on 9 Sept 2026 and closes on 11 Sept 2026.
What is the lot size and the minimum amount?
One lot is 185 shares. The minimum amount is ₹14,985 for 1 lot.
When are allotment and listing?
Allotment is on 15 Sept 2026. Listing is on 17 Sept 2026.
What is the price band?
The price band is ₹77 to ₹81.
What is the issue size?
The issue size is ₹414 crore.
How many times was it subscribed?
The total subscription is 32.07 times, checked 11 Sept 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 16.67%.
This page is a calendar of dates and prices. It is not a recommendation to apply.