Business Overview
Steamhouse is an Indian provider of industrial gas solutions, focused on the generation and centralized distribution of steam and nitrogen through an extensive pipeline network. It operates seven community steam boilers—6 owned and 1 leased—across key industrial locations, with an aggregate installed steam capacity of 345 TPH as of September 30, 2025. The company also operates a nitrogen generation and distribution facility in Ankleshwar, commissioned in February 2025, with a capacity of 350 NM³ per hour. Its operations use a mix of fuels, including coal and alternative non-fossil fuels such as plastic waste. As of November 15, 2025, the company owned and maintained over 56 km of operational pipelines and served 174 customers across sectors including pharmaceuticals, chemicals, agro-chemicals, textiles, tyres, dyes and pigments, polymers, and paints.
Objects of Issue
- Repayment or prepayment of all or a portion of certain outstanding borrowings availed by the Company
- Funding Capex requirements for augmenting infrastructure development of company towards expansion of the Ankleshwar Facility & Panoli Facility
- Funding Capex in relation to the setting up of a new manufacturing facility for generation of steam in Dahej SEZ
- General corporate purposes
Financial Performance
(Rs. in crores)
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 238.42 | 395.11 | 291.71 | 315.54 |
| PAT | 13.09 | 31.16 | 27.19 | 33.40 |
| Net Worth | 139.67 | 131.00 | 102.71 | 56.84 |
| Borrowings | 216.60 | 222.95 | 202.71 | 105.94 |
| Assets | 594.38 | 543.67 | 422.31 | 247.08 |
| NAV (₹) | 6.18 | 5.80 | 4.55 | 7.58 |
| EPS (₹) | 0.58 | 1.38 | 1.21 | 1.48 |
KPIs
EBITDA
17.54%
PAT
7.82%
ROE
23.53%
ROCE
17.20%
Net Debt to Equity
1.63
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
98.69%
Public
1.31%
Management
Frequently Asked Questions
What is Steamhouse IPO?
When will Steamhouse IPO open?
What is the GMP of Steamhouse IPO?
What is the lot size of Steamhouse IPO?
When is the allotment of Steamhouse IPO?
What is the listing date of Steamhouse IPO?
What is the subscription of Steamhouse IPO?
What is the price band of Steamhouse IPO?
How to check allotment status of Steamhouse IPO?
How to apply Steamhouse IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Steamhouse IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Steamhouse IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Steamhouse IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date