Steamhouse India Ltd has filed its Updated Draft Red Herring Prospectus I (UDRHP I) with Securities and Exchange Board of India (SEBI) for a proposed IPO. The IPO — totaling up to ₹425 crore — will include a fresh share issue of ₹345 crore and an Offer For Sale (OFS) worth ₹80 crore by promoter Vishal Sanwarprasad Budhia.