Steamhouse India Limited IPO

Steamhouse India is an industrial gas company engaged in the generation and centralized distribution of steam and nitrogen through its pipeline network. Its community-based systems provide industrial customers with an alternative to setting up and maintaining individual infrastructure. The company operates an extensive pipeline network spanning over 45 km across key industrial hubs, including Sachin, Vapi, Ankleshwar, Sarigam, Panoli and Nandesari. The company’s industrial gas business comprise of Generation and Distribution of Steam, Purchase and Distribution of Steam and Separation, Compression and Distribution of Nitrogen. Steamhouse India also procures steam from third-party generators for distribution through its pipeline network. Further, it separates nitrogen from atmospheric air, compresses it and supplies purified nitrogen to industrial customers. The company is also engaged in coal trading. Its customer base includes Aether Industries Limited, Anupam Rasayan India Limited, Globe Enviro Care Limited, Gujarat Polysol Chemicals Private Limited, Devanshi Dyestuff, K. Patel Chemo Pharma Private Limited, K. Patel Dye Chem Industries Private Limited, Mahavir Synthesis Private Limited, Mangalam Intermediaries, Orgo Chem Gujarat Private Limited and Subhasri Pigments Limited.