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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹10 per share
  • Price Band
  • Lot Size
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    [.] shares (agg. up to ₹191 Cr)
  • Fresh Issue
    [.] shares (agg. up to ₹191 Cr)
  • Share Holding Pre Issue
    4,05,00,091 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Fri, Sep 26, 2025
Offer document withdrawn Thu, Oct 30, 2025
Filed with SEBI/Exchange Mon, Jan 26, 2026
SEBI/Exchange approval received Fri, Jun 12, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Issue
Retail Shares Offered Not more than 35% of the Issue
NII Shares Offered Not less than 15% of the Issue

About Bombay Coated & Special Steels Ltd.

Bombay Coated & Special Steels is one of India’s leading steel processing centres. Its main business is converting steel coils into high-quality processed steel products like slit coils, blanks, and sheets. The company specializes in slitting, cut-to-length, shearing, and embossing.

Its products are used by Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) across various industries, including home and commercial appliances (like air conditioners, refrigerators, washing machines, water heaters), and general engineering (such as automotive components, electrical parts, cleanrooms, and ventilation systems).

The company has been an authorised service partner of JSW Steel Coated Products Limited since 2021, from whom it source steel coils. It also buy from other suppliers and process the material using modern machinery to meet customer specifications.

The company has processing units in Wada, Bhiwandi, Ghiloth and Sricity, covering 42,209 sq. meters. Its Rajasthan unit is GEM 4-certified for green manufacturing. The company’s current installed capacity for slitting, cut-to-length, shearing, and embossing stood at 350,411 MTPA.

As of September 30, 2025, the company had 153 full-time employees and (4) four retainership employees.

Business Strengths

  • Established relationship with JSWCPL Steel for supply of Steel Coil.
  • Strategically located manufacturing facilities.
  • Existing setup with high precision manufacturing operations.
  • Long-term relationships with customers, including OEMs and ODMs.
  • High entry barriers due to supplier arrangements.
  • Experienced Promoters and professional management team.

Company Financials (Restated)

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 451.71 458.21 350.21 270.73
Total Income 492.91 1,058.65 765.41 591.89
Profit After Tax 11.01 28.67 21.14 15.67
EBITDA 38.51 74.09 49.17 37.65
NET Worth 94.07 83.05 54.36 33.24
Reserves and Surplus 54.47 73.15 44.46 23.34
Total Borrowing 270.94 276.96 234.16 168.63

Company Issue Type Issue Size Issue Price Listing Day Close Listing Gain/Loss % LTP
Rajputana Stainless Ltd. Mainboard ₹254.98 Cr ₹122 ₹113.03 -7.35% ₹129.60 (-0.46%)
VMS TMT Ltd. Mainboard ₹148.50 Cr ₹99 ₹99.65 +0.66% ₹46.02 (-0.89%)
Sambhv Steel Tubes Ltd. Mainboard ₹540.00 Cr ₹82 ₹97.59 +19.01% ₹107.64 (+0.85%)

 

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company
    120.00
  • 2 Financing the cost towards acquisition of capital equipment under existing lease arrangements with Siemens Financial Services Private Limited; and
    15.00
  • 3 General corporate purposes

Key Performance Indicator (KPI)

KPI Sep 30, 2025 Mar 31, 2025
ROE 12.45% 41.76%
ROCE 9.07% 18.78%
Debt/Equity 2.88 3.33
RoNW 11.72% 34.54%
PAT Margin 2.24% 2.72%
EBITDA Margin 7.84% 7.02%
Pre IPO Post IPO
EPS (₹) 7.08
Promoter Holding 97.78%
Vijaykumar Himatrai Gupta, Nitin Vijaykumar Gupta and Bhawna Nitin Gupta are the company promoters.

IPO Registrar

Kfin Technologies Ltd.

  • 04067162222, 04079611000
  • einward.ris@kfintech.com
  • Visit Website

IPO Lead Manager(s)

  1. Smart Horizon Capital Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Bombay Coated & Special Steels Ltd. Address
2602, Parinee I,
7-A Shah Industrial Estate,
Andheri (West),
Mumbai, Maharashtra, 400053

IPO FAQs

Bombay Coated and Special Steels IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹191 Crores. The issue is priced at To be declared. The minimum order quantity is .

The Bombay Coated and Special Steels IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Bombay Coated and Special Steels IPO using UPI as a payment gateway. Angel One customers can apply in Bombay Coated and Special Steels IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Bombay Coated and Special Steels IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Bombay Coated and Special Steels IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Bombay Coated and Special Steels IPO dates are not announced. Please check back again after some time.

Bombay Coated and Special Steels IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Bombay Coated and Special Steels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One , Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Bombay Coated and Special Steels IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bombay Coated and Special Steels IPO allotment status.

The Bombay Coated and Special Steels IPO listing date is not yet announced. The tentative date of listing is .

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