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Steamhouse India IPO Day 2 Subscription Status: Issue Subscribed 2.32 Times

Authored By HDFC SKY | Published at: Sep 10, 2026 07:00 PM IST

Steamhouse India IPO Day 2 subscription reached 2.32x overall, with Retail at 2.77x, NII at 2.11x and QIB at 1.70x as of 5:09:37 PM.

Steamhouse India IPO Subscription Status Day 2

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Mumbai, September 10: The Steamhouse India IPO saw increased bidding on its second day of subscription. The ₹414 crore bookbuilding issue comprises a fresh issue of 4.36 crore shares worth ₹353 crore and an offer for sale of 75.31 lakh shares worth ₹61 crore. The IPO opened on September 9 2026 and will close on September 11 2026. The price band has been fixed at ₹77 to ₹81 per share.

Steamhouse India IPO Day 2 Subscription Status

The Steamhouse India IPO was subscribed 2.32 times overall as of 5:09:37 PM on September 10 2026, according to the latest subscription data.

The Retail category was subscribed 2.77 times, while the NII category received bids for 2.11 times the shares reserved for the segment. QIBs, excluding the anchor portion, subscribed 1.70 times.

Investor Category Day 2 Subscription
QIB, excluding anchor 1.70x
NII/HNI 2.11x
Retail 2.77x
Total 2.32x

Category-wise Steamhouse India IPO Subscription Status

Within the NII segment, applications from investors bidding below ₹10 lakh were subscribed 3.47 times. The category for applications above ₹10 lakh recorded a subscription of 1.43 times.

Category Day 2 Subscription
QIB, excluding anchor 1.70x
NII 2.11x
bNII, above ₹10 lakh 1.43x
sNII, below ₹10 lakh 3.47x
Retail 2.77x
Total 2.32x

Steamhouse India Day-Wise Subscription Summary 

The overall subscription moved from 0.44 times on Day 1 to 2.32 times on Day 2. Retail bidding also strengthened, rising from 0.74 times on September 9 to 2.77 times on September 10.

IPO Day QIB NII Retail Total
Day 1, September 9 2026 0.00x 0.32x 0.74x 0.44x
Day 2, September 10 2026 1.70x 2.11x 2.77x 2.32x

Steamhouse India IPO Timeline

IPO Event Date
Issue Open Date September 9 2026
Issue Close Date September 11 2026
Basis of Allotment Date September 15 2026
Initiation of Refunds September 16 2026
Credit of Shares September 16 2026
Listing Date September 17 2026

Brief Overview Of The IPO

Steamhouse India is raising ₹414 crore through a combination of a fresh issue and an offer for sale. The fresh issue comprises 4.36 crore shares aggregating to ₹353 crore, while the OFS consists of 75.31 lakh shares worth ₹61 crore.

The IPO price band is ₹77 to ₹81 per share. The lot size is 185 shares, making the minimum retail investment ₹14,985 at the upper end of the price band.

The issue has been reserved across QIB, NII and Retail categories, with 50% of the total issue allocated to QIBs, 15% to NIIs and 35% to Retail investors. Anchor investors account for 30% of the total issue, with the remaining QIB portion reserved for investors other than anchors.

Equris Capital Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue. Steamhouse India shares are scheduled to list on both BSE and NSE on September 17 2026.

Source:

  • https://www.nseindia.com/market-data/issue-information?symbol=STEAMHOUSE&series=EQ&type=Active
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