One lot is 185 shares, so a single application at the ₹81 cut-off costs ₹14,985. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Steamhouse India IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
The company has a leading market position by offering customers an energy-efficient solution across industries with high growth potential.
The company enjoys a first-mover advantage in the community boiler system segment in India due to established geographic presence and exclusive pipeline networks.
The company's facilities are strategically located near Indian ports and customer clusters in Gujarat.
The company has a history of high customer retention since Fiscal 2023.
The company is the only one in India that supplies nitrogen using a distributed pipeline network.
The company's community boilers reduce SPM, SOx and NOx emissions and ash content.
The company's use of non-fossil fuels like plastic waste and textile chindi for steam generation reduces reliance on fossil fuels.
▼ Risk factors (7)
The company's operations are limited to providing steam and other industrial gases to customers in close proximity to its facilities.
The company's top ten customers contributed over 52% of its revenue from operations in the six months period ended September 30, 2025, and over 53% in Fiscal 2025, with a significant portion derived from repeat orders.
The company's business and profitability are substantially dependent on the availability of coal for its steam production.
The company has previously entered into related party transactions with Group Companies, which constituted a significant portion of its revenue from operations.
The company may incur increased costs, be subject to penalties, or have its approvals and permits revoked for non-compliance with the approvals of the Gujarat Pollution Control Board.
The company requires various permits, licenses and approvals to operate its businesses, and the failure to obtain or retain such licenses or approvals in a timely manner or at all may adversely affect its business, results of operations, cash flows and financial condition.
The company's operations and the workforce, customers and/or third parties on property sites are exposed to various hazards, which could adversely affect its business, results of operations, cash flows and financial condition.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Steamhouse India Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 11 Sept 2026 and listing on 17 Sept 2026.
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Wed, 16 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Thu, 17 Sept, 2026
NSE · trading from 10:00 am IST
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Steamhouse India IPO Subscription Status FAQs
How many times is Steamhouse India IPO subscribed?
As of 12 Sept, 3:37 am the Steamhouse India Limited IPO is subscribed 30.49× overall: QIB 43.91×, non-institutional 44.3× and retail 16.9×. Figures are the exchange's consolidated demand across NSE and BSE.
What is the Steamhouse India IPO retail subscription status?
The retail portion is subscribed 16.9× as of 12 Sept, 3:37 am. Retail applications are those up to ₹2,00,000 at the cut-off price.
How do I check Steamhouse India IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
How was Steamhouse India IPO subscribed day by day?
Overall subscription at the end of each bidding day — day 1 (9 September 2026): 0.42×, day 2 (10 September 2026): 2.21×, day 3 (11 September 2026): 30.49×, day 4 (12 September 2026): 30.49× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Steamhouse India IPO Registrar where allotment and refund queries go
RegistrarKFin Technologies Limited
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Steamhouse India IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (11 Sept 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹16 on a ₹81 upper band means the grey market is dealing at ₹97.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.