Steamhouse India Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹77 – ₹81
Lot Size: 185 shares
Min. Investment: ₹14,985
Total Issue Size: ₹414 Cr; 5,11,11,110 shares
Fresh Issue: ₹353 Cr; 4,35,80,246 shares
Offer for Sale: ₹61 Cr; 75,30,864 shares
Face Value: ₹2 per share
Issue Type: Book-built IPO
Listing At: BSE, NSE
Shares Pre-Issue: 23,28,26,065
Shares Post-Issue: 27,64,06,311

Lot Size & Investment

1 lot = 185 shares

Retail (min)

1 lot · 185 shares

Retail (max)

13 lots · 2,405 shares

S-HNI (min)

14 lots · 2,590 shares

Application	Lots	Shares	Amount
Retail	1	185	₹14,985
Small HNI (S-HNI)	14	2,590	₹2,09,790
Big HNI (B-HNI)	67	12,395	₹10,03,995

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
Assets	679.45	543.67	422.31
Total Income	494.97	398.53	293.16
Profit After Tax	38.64	31.16	27.19
EBITDA	83.49	69.32	68.41
Net Worth	163.76	131	102.71
Reserves & Surplus	127.57	87.25	58.35
Total Borrowing	281.62	222.95	202.71

Key Performance Indicators

Key performance indicators
Period	Mar-26
RoNW (%)	23.6
EPS (₹)	1.66
P/E (pre-issue)	48.8
P/E (post-issue)	57.86

About Steamhouse India Limited

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 steam Purchase and distribution of steam Separation, compression and distribution of nitrogen SteamHouse 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.