This issue listed on 17 Sep 2026 — grey-market quoting band ho chuki hai. Final unofficial premium +₹16 (+19.8%) tha, actual debut +26.6% debut gain. Compare the two to judge how honest the street signal was.
Steamhouse India commands a grey-market premium of ₹16 (+19.8% of the ₹81 upper band), about ₹2,960 per lot of 185 shares. Dealers are holding the line: ₹16 unchanged across 3 tracked sessions, a stand-off between grey demand and issue pricing. Books show 32.07x total subscription (QIB 46.19x, NII 46.6x, retail 17.78x). Institutions are carrying this issue — QIB demand near 46.19x is the smart-money leg that grey quotes usually follow, not lead. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
| Date | GMP | Est. Gain |
|---|---|---|
| 18 Sep | +₹16 | +19.8% |
| 17 Sep | +₹16 | +19.8% |
| 16 Sep | +₹16 | +19.8% |
Est. gain = GMP as % of the upper band price (indicative listing premium).
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹77 - ₹81 |
|---|---|
| Lot Size | 185 shares |
| Issue Size | ₹414 Cr |
| Opening Date | 09 Sep 2026 |
| Closing Date | 11 Sep 2026 |
| Listing Date | 17 Sep 2026 |
| Subscription | 32.07x |
The last unofficial grey market premium for Steamhouse India IPO was ₹16 (+, frozen at listing). Actual debut gain was +26.6% — compare with the premium trail above. Grey market quoting stops once an issue lists.
Grey market premium is a street quote that reacted to subscription momentum and market mood — the final unofficial premium was ₹16, frozen once the issue listed. It was never guaranteed.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For Steamhouse India, the book stands at 32.07x overall with QIB demand at 46.19x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the Steamhouse India IPO detail page.
Read the full Steamhouse India IPO report →
Last updated: 17 Sep 2026 IST