• Price band of Rs 78 – Rs 82 per Equity Share bearing face value of Rs. 10 each (“Equity Shares”)
  • Bid/Offer Opening Date – 29 October 2026 and Bid/Offer Closing Date – 02 November 2026
  • Minimum Bid Lot is 182 Equity Shares and in multiples of 182 Equity Shares thereafter


Mumbai: Bombay Coated and Special Steels Limited has fixed the price band of Rs 78/- to Rs 82/- per Equity Share of face value Rs. 10/- each for its initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on 29 October 2026, for subscription and close on 02 November 2026.

Investors can bid for a minimum of 182 Equity Shares and in multiples of 182 Equity Shares thereafter.

Equity shares outstanding as on date 40,500,091 equity shares of Rs. 10 each.


The IPO, with a face value of Rs 10, is a fresh issue up to Rs 183.1 crore.

The proceeds from its fresh issuance worth Rs 125 crore will be utilized for repayment/pre-payment, in full or in part, of certain borrowings availed by the company, Rs 15.7 crore for financing the cost towards acquisition of capital equipment under existing lease arrangements with Siemens Financial Services Private Limited, and general corporate purposes.


The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).

Smart Horizon Capital Advisors Private Limited is the book-running lead manager, and KFin Technologies Limited is the registrar of the offer.


The equity shares are proposed to be listed on NSE and BSE.