Steamhouse India IPO allotment is scheduled for Tuesday, 15 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

  • Allotment date: expected to be finalised on Tuesday, 15 September 2026.
  • Registrar: KFin Technologies Ltd. — check status there first, or via BSE/NSE.
  • Listing date: tentatively set for Thursday, 17 September 2026 on both BSE and NSE.
  • Price band and lot size: ₹77–₹81 per share, in lots of 185 shares.
  • Issue structure: a ₹414 crore issue combining a ₹353 crore fresh issue and a ₹61 crore offer for sale by a promoter.
  • Use of proceeds: the fresh-issue portion funds debt repayment and new steam-generation capacity; the OFS portion pays the selling promoter, not the company.

Steamhouse India IPO: Key Details at a Glance

IPO NameSteamhouse India Limited
Issue TypeMainboard
Listing AtBSE & NSE
Price Band₹77 – ₹81 per share
Face Value₹2 per share
Lot Size185 shares
Minimum Retail Investment₹14,985 (185 shares at the upper price band)
Issue Size₹414 crore (fresh issue of ₹353 crore plus an offer for sale of ₹61 crore)
Offer for Sale ByVishal Sanwarprasad Budhia (promoter) — ₹61 crore
Lead ManagersEquirus Capital Ltd.
RegistrarKFin Technologies Ltd.

What Is the Steamhouse India IPO Timeline?

Bid OpensWednesday, 9 September 2026
Bid ClosesFriday, 11 September 2026
Basis of Allotment (Expected)Tuesday, 15 September 2026
Refund Initiation (Non-Allottees)Wednesday, 16 September 2026
Credit of Shares to DematWednesday, 16 September 2026
Listing Date (Tentative)Thursday, 17 September 2026

When Will Steamhouse India IPO Allotment Be Out?

Steamhouse India IPO bidding closes on Friday, 11 September 2026. The basis of allotment would normally be finalised the next working day under SEBI’s T+1 timeline, but since 12–13 September 2026 is a weekend and 14 September 2026 is a market holiday, the registrar is expected to finalise it on Tuesday, 15 September 2026 instead. Refunds for non-allottees (ASBA amounts unblock automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected the next day, Wednesday, 16 September 2026, with listing on BSE and NSE tentatively set for Thursday, 17 September 2026.

How to Check Steamhouse India IPO Allotment Status

Method 1: Via KFin Technologies Ltd. (Registrar)

KFin Technologies Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

  • Visit the KFin Technologies Ltd. IPO allotment status page.
  • Select “Steamhouse India Limited” from the company dropdown.
  • Choose your verification method — PAN, Application Number, or DP/Client ID.
  • Enter the details and submit to view your allotment status.

Method 2: Via BSE

  • Visit the BSE Application Status Check page.
  • Select “Steamhouse India Limited” as the issue name.
  • Enter your Application Number and PAN.
  • Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

  • Visit NSE’s bid verification page.
  • Complete one-time registration with your PAN if you haven’t already.
  • Select “Steamhouse India Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Steamhouse India. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the registrar’s rounding rules when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Steamhouse India IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Wednesday, 16 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same timeline.

What Will Steamhouse India Do With the IPO Proceeds?

Steamhouse India’s IPO combines a ₹353 crore fresh issue with a ₹61 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, around ₹180 crore is earmarked for repaying or prepaying borrowings, and roughly ₹114 crore is earmarked for capital expenditure to expand capacity at its Ankleshwar and Panoli facilities and set up a new steam-generation facility at Dahej GIDC (Phase 2), with the remainder for general corporate purposes. The ₹61 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes directly to the selling shareholder, promoter Vishal Sanwarprasad Budhia.

What Is Steamhouse India Limited?

Steamhouse India, headquartered in Surat, Gujarat, supplies industrial steam and utility infrastructure to manufacturing facilities in Gujarat’s industrial belt, with capacity expansions underway at its Ankleshwar and Panoli facilities and a new steam-generation facility planned at Dahej GIDC (Phase 2). The company is promoted by Vishal Sanwarprasad Budhia and Ritu Budhia, along with three family trusts, who together held over 96% of the company before the IPO.

FAQs

When will Steamhouse India IPO allotment be announced?

The basis of allotment for the Steamhouse India IPO is expected to be finalised on Tuesday, 15 September 2026, after bidding closes on 11 September 2026 — later than a simple next-working-day rule because of the weekend and a market holiday on 14 September 2026.

How do I check Steamhouse India IPO allotment status without an application number?

You can check the status using your PAN or DP/Client ID instead of the application number on the KFin Technologies registrar page, BSE’s Application Status Check page, or NSE’s bid verification page.

Who is the registrar for the Steamhouse India IPO?

KFin Technologies Ltd. is the official registrar for the Steamhouse India IPO.

Who are the lead managers for the Steamhouse India IPO?

Equirus Capital Ltd. is the book-running lead manager for the issue.

When will Steamhouse India IPO list, and on which exchanges?

Steamhouse India is tentatively set to list on both BSE and NSE on Thursday, 17 September 2026.

What happens if I don’t get allotment in the Steamhouse India IPO?

If you’re not allotted shares, the ASBA amount blocked in your bank account is unblocked automatically, expected around Wednesday, 16 September 2026; the same day shares are credited to allottees’ demat accounts.

How is the basis of allotment decided for an oversubscribed IPO like Steamhouse India?

If the retail category is oversubscribed, allotment is decided through a computerised lottery so each successful applicant gets at least one full lot. NII and QIB categories are allotted proportionately to the shares bid for.

What will Steamhouse India do with the IPO proceeds?

The ₹353 crore fresh issue goes to the company, around ₹180 crore for debt repayment and roughly ₹114 crore for capacity expansion across three facilities, with the balance for general corporate purposes. The ₹61 crore offer-for-sale portion goes to selling promoter Vishal Sanwarprasad Budhia, not the company.

Is there an offer-for-sale component in the Steamhouse India IPO?

Yes. Of the ₹414 crore issue, ₹353 crore is a fresh issue of new shares and ₹61 crore is an offer for sale by promoter Vishal Sanwarprasad Budhia.

What does Steamhouse India do?

Steamhouse India, based in Surat, Gujarat, supplies industrial steam and utility infrastructure to manufacturing facilities across Gujarat’s industrial belt, including Ankleshwar, Panoli, and Dahej SEZ.