Steamhouse India IPO GMP Today: Check Price, Dates, Subscription & Listing Estimate
By Kaushik Brahmakshatriya
Published on 13 September 2026.
Steamhouse India IPO GMP
The Steamhouse India IPO has become one of the names attracting attention in the primary market this week. Investors are not only watching the company’s IPO price band and subscription response but are also keeping a close eye on its grey market premium (GMP) ahead of the listing. With the listing date getting closer, interest around the issue has picked up noticeably. In this article, we’ll break down the Steamhouse India IPO GMP, price band, subscription details, valuation and listing expectations in simple language, so you can understand the key numbers without getting lost in market jargon.
Steamhouse India Ltd: Company Overview & Business Explained
Founded back in 2015, Steamhouse India isn’t your typical flashy startup — it’s a quiet industrial workhorse. The company generates and distributes steam and nitrogen gas through a centralised pipeline network, sparing factories the trouble of building and running their own boilers and infrastructure. Its network stretches across more than 45 kilometres, covering key industrial belts like Sachin, Vapi, Ankleshwar, Sarigram, Panoli, and Nadesari. Beyond core steam distribution, the company also trades in coal and supplies steam it purchases from other sources, giving it a diversified revenue mix within a fairly niche industrial segment.
IPO Price Band, Dates & Key Details
The mainboard IPO opened on September 9, 2026, and closed on September 11, 2026, with the price band fixed between ₹77 and ₹81 per share. At the upper end, a retail investor needed to shell out around ₹14,985 for the minimum lot of 185 shares. The total issue size works out to ₹414 crore, split between a fresh issue and an offer for sale. Basis of allotment is expected around September 15, with listing tentatively scheduled for September 17, 2026, on both BSE and NSE.
| Particulars | Details |
| Price Band | ₹77 – ₹81 per share |
| Lot Size | 185 shares |
| Issue Size | ₹414 crore |
| Min. Retail Investment | ₹14,985 |
| IPO Open – Close | Sep 9 – Sep 11, 2026 |
| Listing Date (Est.) | Sep 17, 2026 |
| Listing Exchange | Listing Exchange |
Steamhouse India IPO GMP & Subscription Status
Here’s the part everyone’s really here for. The Steamhouse India IPO GMP has been on a bit of a rollercoaster this week. It started flat at ₹0 in the early sessions, then climbed to around ₹18–20 as bidding picked up steam (pun intended), touching a high near ₹22 before settling back around the ₹20 mark. At current levels, that translates to a premium of roughly 24–25% over the upper price band, hinting at a possible listing price near ₹100–101 if sentiment holds — though grey market numbers are informal and can shift right up to listing day.
On the subscription front, the response has been strong. By the final day, the issue was subscribed well over 30 times overall, with the NII and QIB categories leading the charge at 40x-plus, while retail investors subscribed close to 18 times. At the upper price band, the company’s valuation works out to a P/E of roughly 57.86 with an EPS of ₹1.40, though its debt load is worth keeping an eye on for anyone digging deeper into the fundamentals.
Total Subscription & Listing Details
The Steamhouse India IPO closed with a total subscription of over 32 times, making it one of the most sought-after mainboard issues this month. The QIB category led with subscription above 46 times, followed closely by NII investors at over 46 times as well, while retail investors subscribed close to 18 times. Basis of allotment is expected to be finalised on September 15, 2026, and the shares are scheduled to list on both BSE and NSE on September 17, 2026.
FAQs (Frequently Asked Questions)
Q1. What is the Steamhouse India IPO GMP today?
It’s hovering around ₹20, translating to roughly a 24–25% premium over the ₹81 upper price band.
Q2. When is the Steamhouse India IPO listing date?
Listing is tentatively expected on September 17, 2026, on BSE and NSE.
Q3. Is GMP a reliable indicator?
No — GMP is unofficial and unregulated; treat it as a sentiment signal, not investment advice.
Conclusion
The Steamhouse India IPO GMP trend this week reflects genuinely strong investor appetite for a niche industrial-gas story, backed by solid subscription numbers across categories. That said, grey market premiums are notoriously fickle and can swing right up to the listing bell, so treat them as a mood indicator rather than a guarantee. As always, do your own homework on the fundamentals — debt levels, valuation multiples, and business moat — before deciding whether this one fits your portfolio.
Disclaimer: GMP figures are unofficial, unregulated, and subject to change. This article is for informational purposes only and not investment advice.
