Bombay Coated and Special Steels IPO
Bombay Coated and Special Steels IPO will open on 29 Oct '26 and close on 02 Nov '26, with the IPO allotment date scheduled for 03 Nov '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 05 Nov '26. The price band is set at ₹78 to ₹82 per share with a minimum lot size of 182 shares. Smart Horizon Capital Advisors Pvt.Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar of the issue; for detailed information, refer directly to the official Bombay Coated and Special Steels IPO RHP.
Free Demat with Zero AMC*
Bombay Coated and Special Steels IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 82,66,506 crores |
| Non-Institutional Investors (NIIs) | 15% | 24,79,951.8 crores |
| Retail Individual Investors (RIIs) | 35% | 57,86,554.2 crores |
About Bombay Coated & Special Steels IPO
Incorporated in December 2019, Bombay Coated & Special Steels Ltd. is a steel processing company that converts steel coils into value-added products such as slit coils, blanks, sheared blanks and embossed steel products. The Company serves OEMs and ODMs across industries such as home appliances, commercial appliances, automotive, electrical equipment, ventilation and general engineering.
The Company’s business dates back to 1983 and it has grown into a multi-location steel processing centre with four manufacturing facilities in Maharashtra, Rajasthan and Andhra Pradesh. As of June 30, 2026, it had an installed processing capacity of 1,23,153 MTPA.
The Company has been an authorised service partner of JSW Steel Coated Products Limited since 2021. Along with steel processing, it provides inventory management and timely delivery services to its customers.
The Company served 225 customers in the three months ended June 30, 2026.
Objective of Bombay Coated and Special Steels IPO
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Repayment/prepayment, in full or in part, of certain borrowings availed by the Company.
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Funding the cost of acquiring capital equipment under existing lease arrangements with Siemens Financial Services Private Limited.
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Meeting general corporate purposes.
Bombay Coated and Special Steels IPO Strengths & Weaknesses
Established Relationship with JSWSCPL: Authorised service partner since 2021, with access to steel coils and technical support.
Strong Customer Relationships: Long-standing relationships with leading OEMs and ODMs, supported by quality, competitive pricing and timely delivery.
Strategically Located Facilities: Four manufacturing facilities across Maharashtra, Rajasthan and Andhra Pradesh, enabling faster deliveries and lower logistics costs.
Advanced Processing Infrastructure: Precision processing lines and ISO 9001:2015-certified manufacturing facilities.
High Entry Barriers: Significant capital investment, inventory requirements and customer approval processes create barriers to entry.
Diversified Products and Industries: Supplies processed steel products to the appliances, refrigeration, automotive, electrical and general engineering sectors.
Bombay Coated and Special Steels IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 1,65,33,012 shares (aggregating up to ₹14,924 crores) |
| Fresh Issue | 22,32,402.4 shares (aggregating up to ₹2,23,24,024 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 97.78 shares |
| Post-Issue Shareholding | 63.03 shares |
Bombay Coated and Special Steels IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Bombay Coated and Special Steels ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Bombay Coated and Special Steels IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Bombay Coated and Special Steels IPO Contact & Registrar Details
Contact Details
Address
2602, Parinee I 7-A Shah Industrial Estate Andheri (West) Mumbai
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Bombay Coated and Special Steels Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Smart Horizon Capital Advisors Pvt.Ltd. |
