
Oil, Gas & Consumable Fuels · NSE / BSE
Steamhouse India, incorporated in June 2015 and headquartered in Surat, is an industrial steam and gas supplier serving customers across major industrial clusters in Gujarat. The Company operates a dedicated pipeline network connecting its facilities directly with customers and, as of November 15, 2025, maintained 56,236 metres of pipeline with a combined steam capacity of 345 tonnes per hour, equivalent to approximately 2.19 million tonnes per annum. It has a presence in key industrial hubs including Sachin, Vapi, Ankleshwar, Sarigam, Panoli and Nandesari, where it sets up steam-generation facilities close to industrial customers and supplies steam through dedicated pipelines, offering an energy-efficient alternative to individual steam-generation systems. The Company also entered the industrial nitrogen market in February 2025, starting with its first project at Ankleshwar. Its customer base includes companies such as Aether Industries, Anupam Rasayan India, Globe Enviro Care, Gujarat Polysol Chemicals, Devanshi Dyestuff and other industrial customers. As of September 30, 2025, Steamhouse India had 213 employees and 292 contract labourers across its operating locations.
Price Band
₹77 – ₹81
Issue Size
₹5111.11 L Cr
Lot Size
185 shares
GMP
+16.7%
Est. Listing
₹94.5
at current GMP
Subscribed
32.07x
overall
Open
9 Sep 2026
Close
11 Sep 2026
Allotment
15 Sep 2026
Refund
16 Sep 2026
Demat Credit
17 Sep 2026
Listing
17 Sep 2026
Last updated: 17 Sept 2026
Current Premium
Issue Price (Upper)
₹81
Band: ₹77 – ₹81
Estimated Listing Price
₹94.5
Upper price + GMP
Lot Size
185 shares
Min investment ₹14,985
Estimated Profit / Lot
₹2,497.5
185 × ₹13.5
Grey Market Premium trend
+₹13.5
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹13.5 | 16.7% | ₹94.5 |
| 26 Sep 2026 | +₹13.5 | 16.7% | ₹94.5 |
| 25 Sep 2026 | +₹12 | 15.0% | ₹93 |
GMP is unofficial market data. Not a guarantee of listing performance.
Steamhouse India Limited is bringing an initial public offering (IPO) in the Oil, Gas & Consumable Fuels sector with an aggregate issue size of ₹5,11,11,110 Crores. The shares are offered at a price band of ₹77 to ₹81 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 185 shares (approx. ₹14,985 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-17, while un-allotted funds or UPI block mandates will be released on 2026-09-16.
The latest grey market premium for Steamhouse India Limited IPO is ₹13.5, which indicates an expected listing price of ₹94.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.