9/12/2025, 1:23:03 pm

Steamhouse India seeks Rs 425 cr via IPO

Steamhouse India Ltd filed an UDRHP I with SEBI. The IPO proposes up to Rs 425 crore from an issue of 21,25,00,000 equity shares. Proceeds will be used for repaying borrowings, infrastructure development, and general corporate purposes. The company operates seven community steam boilers in Gujarat and has a combined installed steam capacity of 345 tonnes/hour.