Bombay Coated and Special Steels Limited (formerly known as Bombay Steel Limited) (the “Company”), specializing in processing steel coils into processed steel products, has completed its pre-IPO (Initial Public Offering) placement of around ₹ 7.9 crore.

As per a media advertisement that was published in the Financial Express (English), Jansatta (Hindi) and in the Mumbai edition of Navshakti (Marathi), on October 29, 2025. The Company, in consultation with the Book Running Lead Managers to the IPO has undertaken a private placement of 9,00,091 lakh equity shares for cash considerations, at an issue price of ₹ 88 per equity share (including a premium of ₹ 78 per equity share) which saw participation from Moneyplant SME Fund, Manish Dhirajlala Kansara, Ketankumar Jerajbhai Hingrajia, Reetaben Ketankumar Hingrajia, Vipul Kishorbhai Vachhani and others.

Moneyplant SME Fund was allocated 1,13,637 equity shares of the Company on October 28, 2025 for ₹ 88 per equity share each aggregating to ₹ 1 crore.  Manish Dhirajlala Kansara  was allotted 1,14,000 equity shares at ₹ 88 per equity share aggregating to ₹ 1 crore,  Ketankumar Jerajbhai Hingrajia was allotted 57,000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.5 crore, Reetaben Ketankumar Hingrajia was allotted 57,000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.5 crore.

Changela Hiteshkumar Mahendrabhai was allotted 57,000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.5 crore, Vipul Kishorbhai Vachhani was allotted 57,000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.5 crore, Priti Suresh Shah was allotted 113,636 equity shares at ₹ 88 per equity share aggregating to ₹ 0.99 crore.

 Jayasudha Swaminathan Iyer was allotted 56, 818 equity shares at ₹ 88 per equity share aggregating to ₹ 0.49 crore, Chhaganbhai Gandubhai Tilalal was allotted 57,000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.5 crore, Ashok Shreekrishna Beharay was allotted 60,000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.52 crore,

Rural Engg Co. Pvt. Ltd was allotted 100, 000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.88 crore and Savitri Karnany was allotted 57, 000 equity shares at ₹ 88 per equity share aggregating to ₹ 0.5 crore.