Minimum Investment
About Company
Company Name: Steamhouse India Limited
Industry / Sector: Industrial Gases / Utilities
Founded Year: June 2015
Promoters: Vishal Sanwarprasad Budhia, Ritu Budhia, V SB Business Trust, Budhia Business Trust, VB Business Trust
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 spanning over 45 kms in key industrial hubs including Sachin, Vapi, Ankleshwar, Sarigram, Panoli and Nadesari. Its industrial gas business includes generation and distribution of steam, purchase and distribution of steam, and separation, compression and distribution of nitrogen. The company also engages in coal trading. As of July 31, 2026, the company had 229 employees and utilised the services of 276 contract labourers.
IPO Basic Details
| Company Name | Steamhouse India Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹77 – ₹81 |
| Lot Size | 185 Shares |
| Total Issue Size | 5,11,11,110 Equity Shares (₹414 Cr) |
IPO Strengths & Risks
Strengths
- 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
Risks
- High dependence on industrial customers in the chemical and pharmaceutical sectors
- Exposure to regulatory changes in the industrial gas sector
- Competition from other industrial gas providers
- Capital intensive business model with high debt levels
- Raw material price volatility and supply chain risks
IPO Important Dates
| IPO Open Date | 09 Sep 2026 |
| IPO Close Date | 11 Sep 2026 |
| Basis of Allotment | 15 Sep 2026 |
| Refund Initiation | 16 Sep 2026 |
| Demat Credit Date | 16 Sep 2026 |
| Listing Date | 17 Sep 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Offer |
| Retail Quota | Not less than 35% of the Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 185 | ₹14,985 |
| Retail Maximum | 13 Lots | 2,405 | ₹1,94,805 |
| S-HNI Minimum | 14 Lots | 2,590 | ₹2,09,790 |
| S-HNI Maximum | 66 Lots | 12,210 | ₹9,89,010 |
| B-HNI Minimum | 67 Lots | 12,395 | ₹10,03,995 |
Key Performance Indicators (KPI)
| ROE | 22.36% |
| ROCE | 16.06% |
| RoNW | - |
| PAT Margin | 7.81% |
| EBITDA Margin | 16.99% |
| EPS | ₹1.66 (Pre-IPO), ₹1.40 (Post-IPO) |
| NAV per share | - |
| Debt to Equity | 1.57 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹679.45 Cr | ₹494.97 Cr | ₹38.64 Cr | ₹83.49 Cr | ₹163.76 Cr | ₹281.62 Cr |
| FY2025 | ₹543.67 Cr | ₹398.53 Cr | ₹31.16 Cr | ₹69.32 Cr | ₹131.00 Cr | ₹222.95 Cr |
| FY2024 | ₹422.31 Cr | ₹293.16 Cr | ₹27.19 Cr | ₹68.41 Cr | ₹102.71 Cr | ₹202.71 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com/
IPO Lead Manager(s)
Company Information
Address: Office No. 324, Second Floor, Four Point, V.I.P. Road, Vesu, Surat, Gujarat - 395007
Website: https://steamhouse.in/
Email: compliance@steamhouse.in
Phone: 0261 2998109
IPO Documents
Frequently Asked Questions (FAQ)
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