Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment of Outstanding Debt
Prepayment or full settlement of designated borrowing facilities obtained by the company.
Ankleshwar Facility Expansion
Capital expenditure for Phase 3 infrastructure development to augment steam generation capacity at Ankleshwar.
Panoli Facility Expansion
Funding capital expenditure for Phase 2 infrastructure expansion at the Panoli plant.
Greenfield Steam Plant at Dahej SEZ
Capital expenditure for constructing a new steam generation facility in the Dahej Special Economic Zone.
General Corporate Purposes
Allocated for corporate operational expenses and strategic growth activities.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Steamhouse India Limited, incorporated in 2014 and headquartered in Surat, Gujarat, is an industrial steam and utility infrastructure provider. The company specializes in manufacturing and distributing process steam directly to industrial units via dedicated pipeline networks. By adopting a centralized steam-as-a-service model, Steamhouse enables manufacturing facilities in chemical, textile, paper, and pharmaceutical sectors to outsource their thermal energy generation without capital expenditure for individual boilers. The company operates centralized steam generation facilities strategically situated near major industrial clusters in Gujarat, including Ankleshwar, Panoli, and Surat. Utilizing a blend of conventional fuels and non-fossil biomass agricultural residue, Steamhouse optimizes fuel efficiency while reducing carbon emissions. Its energy distribution infrastructure features high-pressure insulated pipelines that supply steam directly to customer plants with minimal pressure or thermal transmission losses. With extensive distribution infrastructure and long-term utility supply agreements, Steamhouse maintains strong competitive entry barriers within its operational corridors. The company is actively executing phase-wise capacity expansions at its Ankleshwar and Panoli plants, alongside establishing a greenfield steam generation facility at the Dahej Special Economic Zone to serve rising industrial demand.
Steamhouse India raised Rs 124.20 crore from anchor investors on September 8, 2026, allocating 1,53,33,332 equity shares at Rs 81 per share. Institutional participants in the anchor placement included Singularity Large Value Fund III, Abakkus Emerging Opportunities Fund-1, Chartered Finance & Leasing, Niveshaay Sambhav Fund, Emerge Capital Opportunities Scheme, and 31 Degrees North Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 17 September 2026, 2:22 PM
Centralized Utility Infrastructure Model
Provides industrial customers with pipeline-delivered process steam, eliminating client capital expenditures and operational maintenance associated with standalone boilers.
High Operational Entry Barriers
Substantial upfront investments in high-capacity generation plants, pipeline right-of-way permissions, and land rights create significant competitive barriers in established industrial hubs.
Strategic Cluster Proximity
Location of production facilities adjacent to key manufacturing corridors in Gujarat minimizes heat and pressure losses during steam distribution.
Sustainable Fuel Integration
Use of agricultural biomass and non-fossil waste alongside primary fuels optimizes fuel expenses and supports industrial sustainability targets.
Geographic Network Concentration
Operations and revenues are heavily concentrated within designated industrial corridors in Gujarat, exposing the business to regional economic downturns.
Client Revenue Dependence
A substantial share of total turnover is generated from a small group of key anchor industrial customers, making financial performance sensitive to client loss.
Contract Renewal Exposure
Continued revenue streams rely on regular renewals and extension of multi-year utility supply contracts with existing industrial clients.
Steamhouse India Limited
Office No. 324, Second Floor, Four Point, V.I.P. Road, Vesu, Surat, Gujarat, 395007
View on Maps →No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.
Environmental Compliance and Safety Hazards
Industrial steam production involves high-pressure operations subject to strict environmental regulations, safety standards, and periodic statutory permits.