Steamhouse IPO: Shares may debut with double-digit premium; what GMP signals

Steamhouse IPO was subscribed 30.49 times by the close of bidding on September 11. Investors placed bids for 114.75 crore equity shares against 3.76 crore shares on offer. The NII category was subscribed 44.30 times, followed by QIBs at 43.91 times and retail investors at 16.90 times.