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STEAMHOUSEEQ / NSE, BSEListed

Steamhouse India Limited

Steamhouse India, incorporated in June 2015 and headquartered in Surat, is an industrial steam and gas supplier serving customers across major industrial clusters in Gujarat. The Company operates a dedicated pipeline network connecting its facilities directly with customers and, as of November 15, 2025, maintained 56,236 metres of pipeline with a combined steam capacity of 345 tonnes per hour, equivalent to approximately 2.19 million tonnes per annum. It has a presence in key industrial hubs including Sachin, Vapi, Ankleshwar, Sarigam, Panoli and Nandesari, where it sets up steam-generation facilities close to industrial customers and supplies steam through dedicated pipelines, offering an energy-efficient alternative to individual steam-generation systems. The Company also entered the industrial nitrogen market in February 2025, starting with its first project at Ankleshwar. Its customer base includes companies such as Aether Industries, Anupam Rasayan India, Globe Enviro Care, Gujarat Polysol Chemicals, Devanshi Dyestuff and other industrial customers. As of September 30, 2025, Steamhouse India had 213 employees and 292 contract labourers across its operating locations.

₹77 - ₹8132.07x sub
Listed Price₹94.50
Listing Gain+16.67%
Review-Analyst Consensus Verdict

Avoid

Capital Market recommendation is Avoid.

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18%
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18%
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Steamhouse India Limited IPO Review & Research Verdict (2026)

Financial review and research analysis for Steamhouse India Limited (STEAMHOUSE) IPO. Evaluate company business model strengths, competitive positioning, historical revenue growth, and valuation metrics.

Analyst VerdictAvoidBroker Consensus
Company P/EFair ValuePrice to Earnings
Industry P/EPeer BenchmarkListed Competitors
Overall Rating4 / 5Fundamental Score

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