Steamhouse India IPO Subscription Status Day 3: Issue Subscribed 32.07 Times

Authored By HDFC SKY | Published at: Sep 11, 2026 06:44 PM IST

Steamhouse India IPO Day 3 subscription reached 32.07x overall, with QIB at 46.19x, NII at 46.60x and Retail at 17.78x as of September 11, 2026.

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

Steamhouse India IPO Day 3 Subscription Status

The Steamhouse India IPO was subscribed 32.07 times overall by 5:15:02 PM on September 11, 2026, based on the shares offered across investor categories.

The NII category recorded the highest subscription among the main investor segments, followed closely by QIBs excluding the anchor portion. The Retail category also received bids for several times the shares reserved for the segment.

Investor Category	Subscription
QIB, excluding anchor	46.19x
NII/HNI	46.60x
Retail	17.78x
Total	32.07x

Category-wise Steamhouse India IPO Subscription Status

The QIB portion, excluding the anchor allocation, received bids for 47,21,23,700 shares against 1,02,22,223 shares offered. The NII category attracted bids for 35,72,55,165 shares against 76,66,667 shares available.

Within the NII segment, applications above ₹10 lakh recorded a subscription of 45.23 times, while the portion for applications below ₹10 lakh was subscribed 49.33 times. The Retail category received bids for 31,81,05,465 shares against 1,78,88,889 shares offered.

Category	Shares Offered	Shares Bid For	Subscription
QIB, excluding anchor	1,02,22,223	47,21,23,700	46.19x
NII	76,66,667	35,72,55,165	46.60x
bNII, above ₹10 lakh	51,11,111	23,11,93,760	45.23x
sNII, below ₹10 lakh	25,55,556	12,60,61,405	49.33x
Retail	1,78,88,889	31,81,05,465	17.78x
Total	3,57,77,779	1,14,74,84,330	32.07x

Steamhouse India Day-Wise Subscription Summary

The issue began with comparatively limited bidding on the opening day. Activity increased on the second day and rose sharply on the final day, taking the overall subscription to the level recorded at the final timestamp.

IPO Day	QIB	NII	Retail	Total
Day 1, September 9	0.00x	0.32x	0.74x	0.44x
Day 2, September 10	1.70x	2.11x	2.77x	2.32x
Day 3, September 11	46.19x	46.60x	17.78x	32.07x

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 its IPO. The issue comprises a fresh issue of 4.36 crore shares aggregating to ₹353 crore and an offer for sale of 75.31 lakh shares worth ₹61 crore. The price band is fixed at ₹77 to ₹81 per share, with a face value of ₹2 per share and a lot size of 185 shares. A retail investor applying for one lot at the upper end of the price band would need ₹14,985.

The IPO opened on September 9, 2026, and is scheduled to close on September 11, 2026. The shares are proposed to be listed on the BSE and NSE on September 17, 2026. Equirus Capital Ltd. is the book running lead manager, while KFin Technologies Ltd. is the registrar to the issue.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4805&type=IPO&idtype=1&status=L&IPONo=7954&startdt=09%2F09%2F2026

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