GENERAL7 Sept 2026
Steamhouse India IPO: Price band set at ₹77-81 per share; check key dates, issue details | Stock Market News
Steamhouse India has set its IPO price at ₹77-81 per share. The subscription runs from 9 September to 11 September. The company plans to raise ₹353 crore from a fresh issue, mainly for debt repayment and expanding plants. Repeat customers made up 90.72% of FY26 revenue, showing stable demand. If you are considering investing, read the offer document carefully.
Key Statutory Highlights
- The Steamhouse India IPO price band is ₹77 to ₹81 per share, with subscription open from 9 September to 11 September.
- The company aims to raise ₹353 crore via a fresh issue, while promoter Vishal Sanwarprasad Budhia will sell ₹61 crore through an offer for sale.
- In FY26, Steamhouse India's profit rose 24% to ₹38.6 crore and revenue grew 24.4% to ₹491.5 crore.
- Repeat customers contributed 90.72% of total revenue from operations in FY26.
Actionable Advice for Taxpayers / Founders:If you plan to bid in this IPO, read the full offer document and speak to your financial adviser first, since IPOs carry market risk.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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