Bombay Coated and Special Steels Limited IPO
closed · NSE · Bookbuilding IPO
Bombay Coated and Special Steels Limited IPO was a ₹183 crore book-built issue on NSE with a price band of ₹78–₹82 per share, open for bidding from 29 Oct 2026 to 2 Nov 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.bcsspl.in/
IPO overview
Bombay Coated and Special Steels Limited raised ₹183 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.
Bids were accepted within a price band of ₹78–₹82 per share (face value ₹10); the final issue price is set within this band after bidding closes.
The shares are proposed to be listed on NSE.
Smart Horizon Capital Advisors Pvt.Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.
Stated objects of the issue: Repayment/pre-payment, in full or in part, of certain borrowings availed by Company Financing the cost towards acquisition of capital equipment under existing lease arrangements with Siemens Financial Services Pvt.Ltd. General Corporate Purposes.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh capital only
- Issue size
- ₹183 crore
- Price
- ₹78–₹82 per share
- Face value
- ₹10 per share
- Exchange
- NSE
- Lead manager
- Smart Horizon Capital Advisors Pvt.Ltd.
- Registrar
- Kfin Technologies Ltd.
IPO timeline
- Bidding opens 29 Oct 2026
- Bidding closes 2 Nov 2026
- Basis of allotment 3 Nov 2026
- Refunds / unblocking 4 Nov 2026
- Shares credited to demat 4 Nov 2026
- Listing 5 Nov 2026
Bidding ran from 29 Oct 2026 to 2 Nov 2026.
After bidding, the basis of allotment was due on 3 Nov 2026, refunds / unblocking of funds are due on 4 Nov 2026 and shares are due to be credited to demat accounts on 4 Nov 2026.
Listing is scheduled for 5 Nov 2026.
Subscription summary
By the close of bidding, the issue was subscribed 63.89× overall (last figure recorded 2 Nov 2026).
By category: qualified institutional buyers (QIB) 37.32×, non-institutional investors (NII) 166.44× and retail investors 35.46×.
Recorded day by day: 29 Oct 2.81×, 30 Oct 3.98× and 2 Nov 63.89×.
Bids were received for 63.89× the shares available, so not every applicant in an oversubscribed category will receive shares.
| Category | Subscribed (as of 2 Nov 2026) |
|---|---|
| QIB | 37.32× |
| NII | 166.44× |
| Retail | 35.46× |
| Overall | 63.89× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹9 on 3 Nov 2026, equal to 11.0% of the upper price band.
Across 8 readings between 27 Oct 2026 and 3 Nov 2026, the quoted GMP ranged from ₹7 to ₹10.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 3 Nov 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
Tools
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In the news
- Indian IPO Weekly Review: 26 Oct–1 Nov 2026 · 2 Nov 2026