Mumbai: Steamhouse India Limited is set to launch its initial public offering (IPO) on Wednesday, September 9, 2026, with the public issue remaining open for subscription until Friday, September 11.
The company will offer equity shares with a face value of ₹2 each. Anchor investors will get an opportunity to participate in the issue a day earlier, with the Anchor Investor Bidding Date fixed for Tuesday, September 8.
Anchor Bidding Ahead Of Public Issue
The anchor book will open for one working day before the main IPO, in line with the offer schedule announced by the company.
Following the anchor allocation, bidding will open for other eligible investors on September 9 and conclude on September 11.
Steamhouse India announced the forthcoming public offering at a press conference attended by its senior management and representatives associated with the issue.
Management Outlines IPO Plans
Vishal Budhia, Chairman and Managing Director of Steamhouse India, addressed the press conference announcing the company’s forthcoming stock market offering.
He was joined by Vaibhav Gattani, Chief Financial Officer of Steamhouse India. Ankesh Jain, Associate Director at Equirus Capital Limited, was also present at the event.
Equirus Capital is associated with the company’s IPO process.
Three-Day Subscription Window
Investors will have three days to submit bids for the Steamhouse India IPO, from September 9 through September 11.
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The issue marks Steamhouse India’s entry into the primary equity market and comes amid continued activity in India’s IPO market.
The IPO schedule puts September 8 aside exclusively for anchor investors before the broader subscription window begins the following day.
Investors considering the offer should examine the company’s offer documents for information on the issue structure, price band, lot size, financial performance, risk factors and proposed utilisation of proceeds before making an investment decision.
Further details on pricing and other terms of the offering will determine the overall size and valuation of the issue.
