Steamhouse India IPO
Steamhouse India Limited (STEAMHOUSE) · mainboard IPO on NSE and BSE · Book Building. Listed on 17 September 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +6.9% (likely range -6% to +8%), day's high +9.7%, chance of a gain 82%. Actual: +16.7% at the open, +28.3% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,07,53,246 | 47,21,23,700 | 43.9x | |
| NII (HNI) total | 80,64,935 | 35,72,57,755 | 44.3x | |
| Big NII (above ₹10 lakh) | 53,76,624 | 23,11,93,760 | 43.0x | |
| Small NII (₹2-10 lakh) | 26,88,311 | 12,60,63,995 | 46.9x | |
| Retail | 1,88,18,182 | 31,81,10,275 | 16.9x | |
| Total | 3,76,36,363 | 1,14,74,91,730 | 30.5x |
Bids on NSE and BSE together, as published by NSE, as of 11 Sep 2026, 07:00 PM. Shares offered exclude the anchor portion. 24% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Steamhouse India's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Dharmaj Crop GuardNov 2022 | 48.2x | 52.3x | 21.5x | 35.5x | ₹270 Cr | +12.3% | +17.7% |
| J G ChemicalsMar 2024 | 32.1x | 46.3x | 17.4x | 27.8x | ₹256 Cr | -5.4% | -3.3% |
| Indogulf CropsciencesJun 2025 | 33.3x | 48.4x | 14.8x | 26.0x | ₹208 Cr | 0.0% | +1.8% |
| Gem AromaticsAug 2025 | 55.3x | 45.1x | 10.3x | 30.3x | ₹450 Cr | +2.5% | +7.6% |
| India PesticidesJun 2021 | 42.9x | 51.9x | 11.3x | 29.0x | ₹817 Cr | +18.2% | +24.3% |
| Gaja Alternative Asset ManagementAug 2026 | 43.6x | 62.4x | 11.0x | 31.3x | ₹579 Cr | +15.6% | +19.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Equirus Capital | 34 | +21.3% | 74% |
Offer documents (NSE)
Frequently asked
What is the Steamhouse India IPO price band and lot size? ₹77.0–81.0 per share, with a lot of 185 shares, so the smallest retail bid is ₹14,985.
How many times has it been subscribed? 30.5x overall: QIB 43.9x, NII 44.3x, retail 16.9x.
How did it list? It opened at ₹94.5, +16.7% against the issue price of ₹81.0, and closed its first day +26.6%.
