Steamhouse India IPO Day 2: Subscription Status on 10 September 2026

The Steamhouse India IPO has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. Steamhouse India Limited, an industrial gas company distributing steam and nitrogen through a pipeline network in Gujarat, is raising about Rs 414 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.

Day 1 bidding for the issue stayed thin through the morning session, with subscription close to nil across categories. With two sessions still remaining, including the 11 September close, there is time for retail, non-institutional and institutional demand to build, as is common for mainboard book built issues.

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Steamhouse India IPO Details

The table below sets out the key parameters of the issue.

Open Date	9 September 2026
Close Date	11 September 2026
Price Band	Rs 77 to Rs 81 per share
Lot Size	185 shares
Issue Size	Rs 414 crore
Issue Type	Book Built Issue
Listing At	NSE and BSE
Allotment Date	15 September 2026
Listing Date	17 September 2026

Steamhouse India IPO Subscription Status Day 2

The table below shows the subscription trend for the issue through its bidding window so far.

Session	Overall Subscription
Through Day 1 (9 Sep)	Close to nil
Day 2, so far (10 Sep)	Updating through the session

The issue has seen limited participation so far, which is not unusual for mainboard book built issues where institutional and larger investor bids typically concentrate closer to the 11 September close. Investors should check the live NSE and BSE numbers as the session progresses.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Steamhouse India IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 77 to Rs 81 band, in multiples of 185 shares.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.

Download the Univest iOS App or Univest Android App to apply for the issue before the 11 September close.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue has had a slow start, with subscription close to nil through Day 1, and two sessions still remain before the 11 September close for demand to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.

FAQs

What is the Steamhouse India IPO subscription status on Day 2?

Ans. The issue remained subscribed close to nil through Day 1 on 9 September, and figures for Day 2, 10 September 2026, are updating through today's session on NSE and BSE.

When does the Steamhouse India IPO close?

Ans. The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.

What is the Steamhouse India IPO price band and lot size?

Ans. The issue price band is Rs 77 to Rs 81 per share, with a lot size of 185 shares, taking the minimum retail investment to about Rs 14,985 at the upper band.

Why has the Steamhouse India IPO seen low subscription so far?

Ans. Subscription for the issue has stayed thin through Day 1, which is common for mainboard book built issues, since institutional and larger investor bids typically concentrate closer to the 11 September closing day.

What is the Steamhouse India IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Steamhouse India IPO?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 185 shares within the Rs 77 to Rs 81 band and approving the UPI mandate before the daily cut off.

When will the Steamhouse India IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 15 September 2026, with listing on both NSE and BSE tentatively scheduled for 17 September 2026.

What is the reservation split in the Steamhouse India IPO?

Ans. The issue reserves around 50 percent of the offer for qualified institutional buyers, about 35 percent for retail individual investors, and roughly 15 percent for non-institutional investors.

What is the issue structure of the Steamhouse India IPO?

Ans. The issue is worth about Rs 414 crore, comprising a fresh issue of about Rs 353 crore and an offer for sale of about 75.31 lakh shares worth about Rs 61 crore.

What does Steamhouse India Limited do?

Ans. Steamhouse India Limited generates and centrally distributes steam and nitrogen through a pipeline network spanning over 45 kilometres across key industrial hubs in Gujarat.