The IPO market is about to get extremely busy!
Steamhouse India Limited is set to launch its Mainboard IPO from 9th September to 11th September 2026, with a total issue size of ₹414 crore.
And there’s an even bigger story — 6 Mainboard IPOs are opening during the same 09–11 September window, making this one of the busiest IPO weeks of 2026.
Steamhouse India IPO — Key Details
IPO Dates: 09–11 September 2026
Fresh Issue: ₹353 crore
Offer for Sale: ₹61 crore
Total Issue Size: ₹414 crore
Retail Quota: 35%
Book Running Lead Manager: Equirus Capital
Registrar: KFin Technologies
Proposed Listing: BSE & NSE
##What does Steamhouse India actually do?
This is where the company gets interesting.
Steamhouse India operates in the industrial gas and energy-solutions space, with its core business focused on the generation and distribution of steam through centralised/community boiler systems.
Instead of individual factories setting up and operating their own boilers, Steamhouse develops centralised steam-generation facilities and supplies steam to industrial customers through a pipeline network.
The company also operates in steam purchase & distribution and nitrogen generation and distribution. Its customers are spread across industries such as:
Pharmaceuticals
Chemicals & Agro-chemicals
Textiles
Tyres
Dyes & Pigments
Polymers
Paints
#FOCUS STOCKS
!LINDEINDIA
ELLENBARRIE GASES
INOX INDIA
THERMAX
@@ Why is Steamhouse raising ₹353 crore?
Importantly, the fresh issue money goes to the company, unlike the OFS portion, where proceeds go to the selling shareholder.
##BUT… THE BIGGEST STORY IS THE IPO CLASH!
Steamhouse India isn’t entering the market alone.
6 Mainboard IPOs are lined up for the same 09–11 September period, potentially creating a huge competition for investor capital.