Steamhouse IPO Day 3: Subscription hit 8.36x, GMP signals 28% listing gain

Steamhouse India’s IPO was subscribed 8.36 times by 1 pm on Day 3, led by strong demand from non-institutional investors. The issue’s grey market premium stood at Rs 23, indicating a potential 28% listing gain over the Rs 81 upper price band. The IPO closes on September 11, 2026.
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