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Home All IPOs Bombay Coated & Special Steels Ltd IPO

Bombay Coated & Special Steels Ltd IPO

NSE & BSE Bookbuilding IPO Fresh capital only Closed
GMP +₹9 +10.98% Est. Listing ₹91 P&L/Lot +₹1,638
Issue Price
₹82
Face ₹10
GMP
+₹9
+10.98% premium
Est. Listing
₹91
GMP based
Subscribed
63.89
🔥 Hot
Min Amount
₹14,924
1 lot · 182 shares
Lot Size
182
shares / lot
Allotment
Important Dates
5/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
29 Oct 2026
Thu Completed
Done
Close Date
02 Nov 2026
Mon Completed
Done
Allotment
03 Nov 2026
Tue Completed
Today
Refund
04 Nov 2026
Wed Today
Today
Demat Credit
04 Nov 2026
Wed Today
Soon
Listing Date
05 Nov 2026
Thu Upcoming
Issue Details
Pricing & Size
Issue Price
₹82 Face ₹10
Lot Size
182 shares
Min Investment
₹14,924
Total Issue Size
2,23,24,024 shares (agg. up to ₹183 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital only
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
4564512.00
NII / HNI
3348603.00
Retail
7813409.00
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,05,00,091 shares
Post-Issue Shareholding
6,28,24,115 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 182 ₹14,924
HNI / NII 68 12376 ₹10,14,832
Objects of Issue
3 objectives
1
Repayment/pre-payment, in full or in part, of certain borrowings availed by Company
125.00 Cr
2
Financing the cost towards acquisition of capital equipment under existing lease arrangements with Siemens Financial Services Pvt.Ltd.
15.77 Cr
3
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Smart Horizon Capital Advisors Pvt.Ltd
IPO Timeline
Open
29 Oct
✓ Done
Close
02 Nov
✓ Done
Allotment
03 Nov
✓ Done
Listing
05 Nov
Upcoming
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
040-79615565
Email
einward.ris@kfintech.com
Company Contact
Email
compliance@bcsspl.in
Phone
+91 22 4664 9193
Address
2602, Parinee I 7-A Shah Industrial Estate Andheri (West) Mumbai, Maharashtra, 400053
Grey Market Premium
LIVE
Current GMP
+₹9
+10.98% vs Issue Price
Issue Price
₹82
Est. Listing
₹91
Lot Size
182 shares
P&L / Lot
+₹1,638
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
01 Nov 2026 1 update
10:32 PM +₹9 ▼ -1
31 Oct 2026 1 update
02:56 PM +₹10 ▲ +4
30 Oct 2026 1 update
04:24 PM +₹6 ▼ -2
29 Oct 2026 7 updates
01:07 PM +₹8 ▲ +8
01:06 PM +₹0 ▼ -8
01:06 PM +₹8 ▲ +8
01:04 PM +₹0 ▼ -8
01:00 PM +₹8 ▲ +8
01:00 PM +₹0 ▼ -8
12:15 PM +₹8
63.89
Overall Sub.
🔥 Hot
37.32
QIB
35.46
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 37.32× 45,64,512 17,03,30,524 ₹1,396.71 Cr
NII / HNI (Total) 166.44× 33,48,603 55,73,33,868 ₹4,570.14 Cr
Retail Investors 35.46× 78,13,409 27,70,80,804 ₹2,272.06 Cr
Market Maker * 1× — — —
Total ** 63.89× 1,57,26,524 1,00,47,45,196 ₹8,238.91 Cr
* Based on ₹82.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
45,64,512
NII
33,48,603
Retail
78,13,409
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day 129 Oct 2026Day close
CategorySub (×)OfferedBid ForAmt (Cr)*
QIB6.89×45,64,5123,14,52,876₹257.91 Cr
NII / HNI (Total)0.76×33,48,60325,43,450₹20.86 Cr
Retail Investors1.31×78,13,4091,02,16,752₹83.78 Cr
Market Maker *1×———
Total **2.81×1,57,26,5244,42,13,078₹362.55 Cr
* Based on ₹82.00 (upper price band)
Day 230 Oct 2026Day close
CategorySub (×)OfferedBid ForAmt (Cr)*
QIB6.89×45,64,5123,14,55,424₹257.93 Cr
NII / HNI (Total)1.90×33,48,60363,46,340₹52.04 Cr
Retail Investors3.17×78,13,4092,47,93,860₹203.31 Cr
Market Maker *1×———
Total **3.98×1,57,26,5246,25,95,624₹513.28 Cr
* Based on ₹82.00 (upper price band)
Day 302 Nov 2026Day close
CategorySub (×)OfferedBid ForAmt (Cr)*
QIB37.32×45,64,51217,03,30,524₹1,396.71 Cr
NII / HNI (Total)166.44×33,48,60355,73,33,868₹4,570.14 Cr
Retail Investors35.46×78,13,40927,70,80,804₹2,272.06 Cr
Market Maker *1×———
Total **63.89×1,57,26,5241,00,47,45,196₹8,238.91 Cr
* Based on ₹82.00 (upper price band)
Financial Summary
Amount in ₹ Crore
Metric30 Jun 202631 Mar 202631 Mar 2025
Revenue397.551269.831058.65
PAT15.0830.5428.67
EBITDA32.1786.0974.09
Net Worth136.62121.5883.05
Total Assets526.11571.47458.21
Reserves96.1281.0873.15
Borrowings273.69338.45276.96
Key Financial Ratios
11.65
ROE
Return on Equity
7.01
ROCE
Return on Capital Employed
11.03
RONW
Return on Net Worth
3.80
PAT Margin
PAT / Revenue
8.10
EBITDA Mgn
EBITDA / Revenue
2.00
D/E Ratio
Debt to Equity
7.54
Pre EPS
EPS Pre-Issue
9.60
Post EPS
EPS Post-Issue
10.88
Pre P/E
P/E Pre-Issue
8.54
Post P/E
P/E Post-Issue
About Bombay Coated & Special Steels Ltd

Incorporated in December 2019, Bombay Coated and Special Steels Limited is a steel processing centre engaged in converting steel coils into value-added processed steel products for Original Equipment Manufacturers (“OEMs”) and Original Design Manufacturers (“ODMs”). The Company specialises in precision slitting, cut-to-length processing, shearing and embossing of steel coils to manufacture slit coils, embossed slit coils, blanks, embossed blanks and sheared blanks. Its products serve multiple end-use industries, including home and commercial appliances, automotive and auto components, electrical equipment, pharmaceutical cleanroom infrastructure, ventilation systems and general engineering. In addition to processing steel coils, the Company provides logistics and inventory management services and supports customers through just-in-time delivery solutions.

The Company operates four strategically located manufacturing facilities at Wada and Bhiwandi in Maharashtra, Ghiloth in Rajasthan, and Sri City in Andhra Pradesh. Spread across an aggregate area of 42,209 square metres, these facilities are equipped with slitting, cut-to-length, shearing and embossing lines. The Company has an authorised service partnership with JSW Steel Coated Products Limited (“JSWSCPL”) and/or its holding company since 2021, supporting regular access to steel coils. As of June 30, 2026, its aggregate installed processing capacity was 1,23,153 metric tonnes per annum, calculated on a quarterly basis for Fiscal 2027.

The Company serves a diversified customer base across consumer durables, home appliances, refrigeration, automotive, electrical equipment, electronics, industrial engineering and other manufacturing sectors. Its customers include OEMs and ODMs such as Haier Appliances India Private Limited, IFB Refrigeration Limited, Dixon Electro Manufacturing Private Limited, Amber Enterprises India Limited and Western Refrigeration Private Limited. 

As of June 30, 2026, the Company had 164 personnel, comprising 160 permanent employees and 4 employees on retainership.

Competitive Strengths

  • High Entry Barriers.
  • Growing Processing Capacity.
  • Integrated Steel Processing Infrastructure.
  • Strategically Located Manufacturing Network.
  • Long-Standing Customer Relationships.
  • Established Relationship with JSWSCPL.
Frequently Asked Questions
What is the issue price of Bombay Coated & Special Steels Ltd IPO?
The issue price of Bombay Coated & Special Steels Ltd IPO is ₹82 per share, face value ₹10.
What is the lot size?
Minimum lot size is 182 shares, requiring ₹14,924.
What are the IPO dates?
Opens 29 Oct 2026, closes 02 Nov 2026.
When is the listing date?
Tentative listing: 05 Nov 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹9, estimated listing ₹91 (+10.98%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Bombay Coated & Special Steels Ltd IPO · Expected 03 Nov 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Nov 2026
Refund Initiation
04 Nov 2026
Demat Credit
04 Nov 2026
Listing Date
05 Nov 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹9
+10.98%
Issue Price
₹82
Face ₹10
Lot Size
182
shares / lot
Min Amount
₹14,924
1 lot
Est. Listing
₹91
GMP +₹9
Subscription
Overall63.89×
QIB37.32×
NII166.44×
Retail35.46×
Key Dates
Open
29 Oct Done
Close
02 Nov Done
Listing
05 Nov Soon
Registrar
Kfin Technologies Ltd
A
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