Steamhouse India Ltd. IPO
IPO Timeline
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9 Sep 2026Bidding Starts
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11 Sep 2026Bidding Ends
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15 Sep 2026Allotment Finalization
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17 Sep 2026Listing
About Steamhouse India Ltd.
We are an Indian company specializing in the generation and centralized distribution of industrial gases, including steam and nitrogen, through the pipeline network. We and the Promoters are pioneers of the community boiler system in India, which was first introduced in 2014. (Source: F&S Report). The community industrial gas generation and distribution systems provide gas to various industrial customers from a pipeline network, which provides an alternative to each individual customer having its own infrastructure. Having established the steam generation business in India, we are now embarking on an expansion plan of supplying other industrial gases. the Company commenced nitrogen production and supply on February 1, 2025. We commissioned the first project for nitrogen supply through a pipeline network at the Ankleshwar facility, and, in Fiscal 2026 and Fiscal 2025, we generated Rs.5.77 million and Rs.0.90 million revenue from the nitrogen
operations, respectively. We are the only company in India that supplies nitrogen using a distributed pipeline network instead of the common practice of supplying in cryogenic tanks and onsite nitrogen generation.
Steamhouse India Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 1,53,33,333 (30%) |
| Non Institutional Investors | 76,66,667 (15%) |
| Qualified Institutional Buyers (QIBs) | 1,02,22,223 (20%) |
| Retail Individual Investors (RIIs) | 1,78,88,889 (35%) |
Steamhouse India Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 494.97 Cr | 38.64 Cr | 127.59 Cr |
| 31 Mar 2025 | 398.53 Cr | 31.17 Cr | 87.26 Cr |
| 31 Mar 2024 | 293.16 Cr | 27.19 Cr | 58.35 Cr |
Steamhouse India Ltd. Background
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2017Established the first facility in Vapi Gujarat Industrial Development Corporation.
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2018Expanded the facilities to Ankleshwar Gujarat Industrial Development Corporation.
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2022Further expansion of the facilities through addition of boiler to Ankleshwar unit.
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2023Expanded the operations to Sarigam Gujarat Industrial Development Corporation.
Launched the operations at Nandesari Gujarat Industrial Development Corporation.
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2024Commenced steam aggregation and distribution at Dahej Gujarat Industrial Development Corporation.
Received work order for project to design, build, erect, commission, operate, and maintain a 300
TPD capacity municipal solid waste to steam plant at Pirana/Gyaspur dumping site, Ahmedabad for a period of 10 years by Ahmedabad Municipal Corporation (AMC).
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2025Expanded the facility to Panoli with integrated common boiler.
Commenced the 1st Nitrogen compression and distribution plant at Ankleshwar, Gujarat Industrial Development Corporation. This is also the 1st in India where the nitrogen is distributed via a pipeline network.
Expansion of the facilities through addition of 1st waste plant in the Vapi.
The Promoters of the company's are :
1. Vishal Sanwarprasad Budhia
2. Ritu Budhia
3. VSB Business Trust
4. Budhia Business Trust
5. VB Business Trust
Traditionally, industries have relied on on-site steam generation for captive use, with steam being a critical requirement across industrial sectors such as pharmaceuticals, textiles, food processing, paper and pulp, rice mills, distilleries, dairy, urea production, wood processing, chemicals, ... Read more
FAQs
When does Steamhouse India Ltd. IPO opens and closes?
Steamhouse India Ltd. IPO opens from 9th September to 11th September 2026.What is the size of Steamhouse India Ltd. IPO?
The size of the Steamhouse India Ltd. IPO is ₹414.00 Cr.What is the price range of Steamhouse India Ltd. IPO?
The price range of Steamhouse India Ltd. IPO is at ₹77 to ₹81 per share.What is the minimum investment and lot size required for the Steamhouse India Ltd. IPO?
The minimum investment required is ₹14,985 and minimum lot size is 185 shares.When is Steamhouse India Ltd. IPO listing date?
The Steamhouse India Ltd. IPO will be listed on 17th September 2026.Who are the book runners for Steamhouse India Ltd. IPO?
Equirus Capital Pvt. Ltd. is the book-running lead manager for Steamhouse India Ltd. IPO.Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article


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