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Steamhouse India Ltd

Registered Office: No.324 2nd Flr Four Point VIP-,Road Vesu, Surat - 395007, Gujarat, India.
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Initial public offering of up to 51,111,110 equity shares of face value of Rs. 2 each ("Equity Shares") of Steamhouse India Limited (the "Company" or the "Company") for cash at a price of Rs. 81 per equity share (Including a Share Premium of Rs. 79 per Equity Share) ("Offer Price") aggregating up to Rs. 414.00 Crores (the "Offer") comprising a fresh issue of up to 43,580,246 equity shares of face value of Rs. 2 each aggregating up to Rs. 353.00 Crores (the "Fresh Issue") and an offer for sale of up to 7,530,864 equity shares of face value of Rs. 2 each aggregating up to Rs. 61.00 Crores by the promoter selling shareholder (the "Offer For Sale", and such equity shares, the "Offered Shares"). The offer constitute 18.49% of the post offer paid up equity share capital of the company. The company, in consultation with the brlm, may consider an issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs.15.00 crores, at its discretion, between the date of filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). Price Band: Rs. 81 per equity share bearing face value of Rs. 2 each. The floor price is 40.50 times of the face value of the equity shares. Bids can be made for a minimum of 185 equity shares of face value of Rs. 2 each and in multiples of 185 equity shares of face value of Rs. 2 each thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
09-Sep-26 11-Sep-26 81.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 185   Further Multiples of : 185
  Rs(Cr.) Lead Managers to the Issue
Project Cost 317.25 Equirus Capital Private Limited
Project Financed through Current Offer 414.00  
Post Issue Equity Share Capital 55.28  
Issue Price 81.00  

Project

  • Repayment or prepayment of all or a portion of certain outstanding borrowings availed by its Company
  • Funding capital expenditure requirements for augmenting infrastructure development of the Company towards
  • Funding capital expenditure in relation to the setting up of a manufacturing facility for generation of steam
  • General corporate purposes

Promoted By

Vishal Sanwarprasad Budhia

Ritu Budhia

VSB Business Trust

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.