Steamhouse India jumps on debut

Shares of Steamhouse India were currently trading at Rs 98.33 at 10:15 IST on the BSE, representing a premium of 21.37% as compared with the issue price of Rs 81.

The stock debuted at Rs 93 on the BSE, a premium of 14.81% over its issue price.

So far, the stock has hit a high of Rs 99.90 and a low of Rs 91.51. On the BSE, over 34.27 lakh shares of the company were traded in the counter so far.

The initial public offer of Steamhouse India was subscribed 30.49 times. The issue opened for bidding on 9 September 2026 and will close on 11 September 2026. The price band of the IPO is fixed between Rs 77 and 81 per share.

The offer consists of both a fresh issue and an offer for sale component (OFS). The fresh issue will include 8,39,50,617 shares aggregating up to Rs 353 crore at the upper price band of Rs 81. The OFS includes 75,30,864 shares of Rs 2 aggregating up to Rs 61.0 crore at the upper price band of Rs 81. The total number of shares is 91,481,481 shares, aggregating up to Rs 414 crore at upper price band of Rs 81.