Madhu Kela-backed fund invests in Steamhouse India IPO as company raises Rs 124 crore from anchor investors
2 sources·Updated September 8, 2026
Covered by 2 sources
- ET Markets·11h agoMadhu Kela-backed fund invests in Steamhouse India IPO as company raises Rs 124 crore from anchor investors
Steamhouse India raised Rs 124.2 crore from anchor investors, including funds backed by Madhusudhan Kela and Sunil Singhania, ahead of its Rs 414 crore IPO opening on September 9. The issue, priced at Rs 77-81 per share, comprises a fresh issue of Rs 353 crore and an OFS of Rs…
Read at ET Markets → - Deccan Chronicle Ent·22h agoSteamhouse India’s Rs 414-Crore IPO to Open on Sept 9
The company plans to use Rs 180 crore of the net IPO proceeds to repay debt, while the remaining amount will be used for capital expenditure and general corporate purposes
Read at Deccan Chronicle Ent →
