Archive · 2 Jul 2025
Steamhouse India Files for IPO to Raise Up to ₹700 Crore
Steamhouse India, a company that provides steam to factories, is planning to sell stock to the public to get money.
They filed a secret document with the government to start this process.
The company, located in Gujarat, helps factories use steam more efficiently, which reduces pollution and saves money.
They have many customers across India, and their sales were high last year.
They are hoping to raise a large amount of money through this stock sale to grow their business.
Steamhouse India, a Gujarat-based industrial steam solutions provider, filed a confidential DRHP with SEBI.
The company aims to raise ₹500-700 crore through an IPO, but the issue size details remain undisclosed.
Steamhouse India, founded in 2014, provides steam solutions to 167 clients across India.
The company uses an innovative, centralized alternative to traditional boilers, lowering emissions and costs.
Steamhouse India's revenue for FY2023-24 was ₹291.71 crore, with an EBITDA of ₹70.14 crore in FY2024-25.
- Who
- Steamhouse India, an industrial steam solutions provider.
- What
- Steamhouse India filed a confidential DRHP to raise funds via IPO.
- When
- The filing was submitted on July 1, 2025, though the exact date is not clear.
- Where
- The company is based in Surat, Gujarat, India, and serves clients across the nation.
- Why
- To raise funds through an IPO.
- Company
- Steamhouse India
- Location
- Surat, Gujarat
- Founded
- 2014
- IPO Amount (Estimate)
- ₹500-700 crore
- Clients Served
- 167
- FY23-24 Revenue
- ₹291.71 crore
- FY24-25 EBITDA
- ₹70.14 crore