Steamhouse India IPO
Steamhouse India IPO is a mainboard IPO raising ₹414 Cr at ₹77 – ₹81 a share. The smallest application you can make is 185 shares, costing ₹14,985 at the top of the band. Bidding has closed; the shares list on 17 Sept 2026. So far it has been subscribed 30× in total.
30.5 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 1,07,53,246 | 47,21,23,700 | 44× |
| Foreign Institutional Investors | no separate quota | 21,16,31,860 | n/a |
| Domestic Financial Institutions | no separate quota | 17,78,41,055 | n/a |
| Mutual funds | no separate quota | 1,23,45,605 | n/a |
| Others | no separate quota | 7,03,05,180 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 80,64,935 | 35,72,55,165 | 44× |
| Non Institutional Investors | 53,76,624 | 23,11,93,760 | 43× |
| Corporates | no separate quota | 31,48,885 | n/a |
| Individuals | no separate quota | 21,75,89,230 | n/a |
| Others | no separate quota | 1,04,55,645 | n/a |
| Non Institutional Investors | 26,88,311 | 12,60,61,405 | 47× |
| Corporates | no separate quota | 6,72,475 | n/a |
| Individuals | no separate quota | 12,13,25,960 | n/a |
| Others | no separate quota | 40,62,970 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,88,18,182 | 31,81,05,465 | 17× |
| Cut Off | no separate quota | 27,93,85,150 | n/a |
| Price bids | no separate quota | 3,87,20,315 | n/a |
| Total | 3,76,36,363 | 1,14,74,84,330 | 30× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 11 Sept, 05:15 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 24% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.