
Oil & Gas · Listed on BSE , NSE · 09 Sept 2026 - 11 Sept 2026
Jagat JoshiSteamHouse India, founded in June 2015, is an Industrial gas company that supplies steam and nitrogen gas through its pipeline network. The company has a pipeline network that covers over 45 kms in key industrial hubs, including Sachin, Vapi, Ankleshwar, Sarigram, Panoli, and Nadesari.
The company’s industrial gases include generating and distributing steam, buying and supplying steam, and supplying nitrogen through pipelines. Steamhouses acquires steam from other companies and supplies it to customers through its pipeline. Moreover, it takes nitrogen from the air, separates it, compresses it, and then supplies it. Aether Industries Limited, Anupam Rasayan India Limited, Globe Enviro Care Limited, Gujarat Polysol Chemicals Private Limited, Devanshi Dyestuff, and K. Patel Chemo Pharma Private Limited are some of its well-known clients.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 17-Sep-2026 06:00 PM | +₹16 | ₹97 | +19.75% | ₹2,960 |
| 15-Sep-2026 06:00 PM | +₹24 | ₹105 | +29.63% | ₹4,440 |
| 14-Sep-2026 06:00 PM | +₹22 | ₹103 | +27.16% | ₹4,070 |
| 10-Sep-2026 06:00 PM | +₹20 | ₹101 | +24.69% | ₹3,700 |
| 09-Sep-2026 06:00 PM | +₹18 | ₹99 | +22.22% | ₹3,330 |
| 08-Sep-2026 06:00 PM | +₹15 | ₹96 | +18.52% | ₹2,775 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| QIB (Ex. Anchor) | 30.79x | 1,02,22,222 | 47,21,23,700 | ₹3,824.20 Cr |
| NII | 46.60x | 76,66,667 | 35,72,55,165 | ₹2,893.77 Cr |
| bNII > ₹10L | 45.23x | 51,11,112 | 23,11,93,760 | ₹1,872.67 Cr |
| sNII < ₹10L | 49.33x | 25,55,555 | 12,60,61,405 | ₹1,021.10 Cr |
| Retail | 17.78x | 1,78,88,889 | 31,81,05,465 | ₹2,576.65 Cr |
| Total | 32.07x | 3,57,77,778 | 1,14,74,84,330 | ₹9,294.62 Cr |
| Period Ended | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 494.97 | 398.53 | 293.16 |
| Profit After Tax | 38.64 | 31.16 | 27.19 |
| EBITDA | 83.49 | 69.32 | 68.41 |
| NET Worth | 163.76 | 131.00 | 102.71 |
| Reserves and Surplus | 127.57 | 87.25 | 58.35 |
| Total Borrowing | 281.62 | 222.95 | 202.71 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Ellenbarrie Industrial Gases Limited | 7.54 | 42.74 | 69.33 | 10.68 | 341.58 |
| Linde India Limited | 64.37 | 99.17 | 500.27 | 12.87 | 2,530.64 |
Vishal Sanwarprasad Budhia, Ritu Budhia, V SB Business Trust, Budhia Business Trust and VB Business Trust. is the company's promoter of Steamhouse India.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 95.79% | 77.96% |
| Others* | 4.21% | 22.04% |
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