Steamhouse India

Performance Steamhouse India

About Steamhouse India

Steamhouse India Limited is engaged in the generation and centralised distribution of industrial gases, primarily steam and nitrogen, through its pipeline network. Its operations include generation and distribution of steam through community boiler systems, purchase and distribution of steam generated by third parties, and separation, compression and distribution of nitrogen. The company also undertakes coal trading, primarily involving excess coal procured for its industrial gas operations. The company operates seven community steam boilers in Gujarat across Vapi, Ankleshwar, Sarigam, Nandesari, and Panoli, with an aggregate installed steam capacity of 345 TPH as of July 31, 2026. It also distributes purchased steam in Dahej GIDC (Phase 1) and Sachin GIDC. Its nitrogen generation and distribution facility at Ankleshwar has a capacity of 350 NM³ per hour. Its customers operate across sectors including pharmaceuticals, chemicals, textiles, agrochemicals, tyres, dyes and pigments, polymers, and paints. Use of proceeds: The IPO is a combination of a fresh issue of shares and an offer for sale.​ The net proceeds from the offer for sale will go to the selling shareholders, whereas those from the fresh issue will go to the company and will be utilised for the following purposes:​ Repayment or prepayment of certain outstanding borrowings – Rs 180.00 crore Capital expenditure for infrastructure development – Rs 75.95 crore Capacity expansion of Ankleshwar Facility (Phase 3) – Rs 37.98 crore Capacity expansion of Panoli Facility (Phase 2) – Rs 37.98 crore Capital expenditure for setting up a steam generation facility at Dahej GIDC (Phase 2) – Rs 38.17 crore General corporate purposes

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