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The Economic Times
The Economic Times
Ritesh Presswala

Steamhouse shares debut at 17% premium over IPO price on NSE

STEAMhouse GMP IPO NSE BSE

Shares of Steamhouse made their D-Street debut on Thursday, listing at a premium of 17% over the issue price. The stock opened at Rs 94.50 apiece on the NSE, up 16.67% from the issue price of Rs 81. On the BSE, Steamhouse shares listed at Rs 93 apiece, marking a premium of 14.81% over the IPO price.

The Rs 414 crore IPO comprised a fresh issue of Rs 353 crore and an Offer for Sale (OFS) of Rs 61 crore. The company had set the IPO price band at Rs 77–Rs 81 per equity share.

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