Steamhouse India IPO Subscribed Over Three Times with Rising Grey Market Premium
Steamhouse India's Rs 414-crore IPO, priced between Rs 77-81 per share, saw increasing subscription over three days, reaching 3.35 times by September 11. The issue includes a fresh share sale worth Rs 353 crore and an offer-for-sale of Rs 61 crore. Retail investors showed strong interest, with subscriptions exceeding four times on the final day. The grey market premium rose to around 28%, indicating positive investor sentiment. Funds raised will support debt repayment, capacity expansion, and new manufacturing facilities.
First-hand measurement across 10 sources
We measured how 10 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 48/100.
Outlets measured: businessstandard, moneycontrol, businessstandard, moneycontrol, moneycontrol, businessstandard, mint, moneycontrol, and 2 more. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
news18 broke this story on 8 Sept, 02:16 pm. Other outlets followed.