Steamhouse India IPO
Steamhouse India Limited IPO – Complete Details, Financials, Risks & Allotment
Steamhouse India IPO Profile
Steamhouse India Limited is an industrial steam and gas solutions company focused on generation and distribution of steam to industrial customers through dedicated pipeline networks.
The company operates community steam generation facilities and serves customers across industries including pharmaceuticals, chemicals, textiles, agrochemicals, tyres, dyes and pigments, polymers and paints.
Steamhouse India IPO Details
| Company Name | Steamhouse India Limited |
|---|---|
| IPO Type | Book Built Issue |
| Issue Size | ₹414 Crore |
| Fresh Issue | ₹353 Crore |
| Offer for Sale | ₹61 Crore |
| Price Band | ₹77 – ₹81 per Equity Share |
| Face Value | ₹2 per Equity Share |
| Lot Size | 185 Shares |
| Minimum Investment | ₹14,985 at upper price band |
| IPO Opens | 9 September 2026 |
| IPO Closes | 11 September 2026 |
| Listing | NSE & BSE |
| Registrar | KFin Technologies Limited |
| Lead Manager | Equirus Capital Private Limited |
Steamhouse India Company Profile
Steamhouse India Limited was incorporated in 2015 and operates in the industrial energy and steam generation sector. The company provides centralized steam generation and distribution solutions to industrial customers.
Its business model allows industrial customers to source steam through the company's centralized facilities and pipeline network rather than maintaining individual steam-generation infrastructure.
The company has developed facilities in industrial clusters of Gujarat and caters to customers across multiple industrial sectors.
Steamhouse India Financials
| Financial Year | FY 2025 | FY 2026 |
|---|---|---|
| Revenue | ₹395 Cr | ₹492 Cr |
| Operating Profit | ₹69 Cr | ₹83 Cr |
| Profit Before Tax | ₹39 Cr | ₹51 Cr |
| Profit After Tax | ₹31 Cr | ₹39 Cr |
Steamhouse India IPO Strengths
- Centralized steam generation provides an energy-efficient solution to industrial customers.
- Long-term customer relationships and repeat business support revenue visibility.
- Strategically located facilities near major industrial clusters in Gujarat.
- Dedicated pipeline network helps in efficient steam distribution.
- Business serves diversified industrial sectors including chemicals, pharmaceuticals and textiles.
Steamhouse India IPO Risks
- A significant portion of revenue comes from a limited number of major customers.
- Business operations are geographically concentrated in Gujarat.
- Profitability can be affected by the availability and price of fuel and other raw materials.
- The company operates in a capital-intensive business with substantial infrastructure requirements.
- Regulatory and environmental approvals can impact operations and expansion plans.
