{"id":331290,"date":"2026-10-29T00:17:51","date_gmt":"2026-10-28T18:47:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=331290"},"modified":"2026-10-29T00:17:51","modified_gmt":"2026-10-28T18:47:51","slug":"bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/","title":{"rendered":"Bombay Coated and Special Steels IPO Day 1: Subscription Opens Today, 29 October 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Bombay Coated and Special Steels IPO opens today, 29 Oct 2026, closes 2 Nov. Price band Rs 78-82. Lot size 182 shares. Lists on BSE and NSE on 5 Nov.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Bombay Coated and Special Steels IPO opens for subscription today, 29 October 2026, and will remain open until 2 November 2026. Bombay Coated and Special Steels Limited is a steel coil processing company, and the issue of about Rs 183.06 crore is entirely a fresh issue of 2,23,24,024 equity shares. The price band is set at Rs 78 to Rs 82 per share, with a lot size of 182 shares, and the shares are proposed to list on BSE and NSE. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n<p>Bombay Coated and Special Steels Limited, a steel processing company that converts steel coils into slit coils, blanks and embossed products for appliance, automotive and electrical equipment makers, has opened its IPO for subscription today, 29 October 2026. The Bombay Coated and Special Steels IPO is a mainboard, book built issue worth about Rs 183.06 crore, made up entirely of a fresh issue of 2,23,24,024 equity shares with no offer for sale, and it will remain open until 2 November 2026.<\/p>\n<p>Ahead of the opening, the anchor book on 28 October raised about Rs 54 crore. Of the proceeds, Rs 125 crore is earmarked for repaying or prepaying borrowings and about Rs 15.77 crore for acquiring capital equipment under existing Siemens Financial Services leases, with the balance for general corporate purposes. The shares are proposed to be listed on BSE and NSE.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=bombay-coated-and-special-steels-ipo-day1\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#Bombay_Coated_and_Special_Steels_IPO_Details\" title=\"Bombay Coated and Special Steels IPO Details\">Bombay Coated and Special Steels IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#Bombay_Coated_and_Special_Steels_IPO_Quick_Facts\" title=\"Bombay Coated and Special Steels IPO Quick Facts\">Bombay Coated and Special Steels IPO Quick Facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#Bombay_Coated_and_Special_Steels_IPO_Share_Reservation\" title=\"Bombay Coated and Special Steels IPO Share Reservation\">Bombay Coated and Special Steels IPO Share Reservation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#Bombay_Coated_and_Special_Steels_IPO_Subscription_Status_Day_1\" title=\"Bombay Coated and Special Steels IPO Subscription Status Day 1\">Bombay Coated and Special Steels IPO Subscription Status Day 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#How_to_Apply_for_the_Bombay_Coated_and_Special_Steels_IPO\" title=\"How to Apply for the Bombay Coated and Special Steels IPO\">How to Apply for the Bombay Coated and Special Steels IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#About_Bombay_Coated_and_Special_Steels_Limited\" title=\"About Bombay Coated and Special Steels Limited\">About Bombay Coated and Special Steels Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#What_is_the_Bombay_Coated_and_Special_Steels_IPO_subscription_status_on_Day_1\" title=\"What is the Bombay Coated and Special Steels IPO subscription status on Day 1?\">What is the Bombay Coated and Special Steels IPO subscription status on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#When_does_the_Bombay_Coated_and_Special_Steels_IPO_open_and_close\" title=\"When does the Bombay Coated and Special Steels IPO open and close?\">When does the Bombay Coated and Special Steels IPO open and close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#What_is_the_Bombay_Coated_and_Special_Steels_IPO_price_band_and_lot_size\" title=\"What is the Bombay Coated and Special Steels IPO price band and lot size?\">What is the Bombay Coated and Special Steels IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#What_is_the_issue_size_and_structure_of_the_Bombay_Coated_and_Special_Steels_IPO\" title=\"What is the issue size and structure of the Bombay Coated and Special Steels IPO?\">What is the issue size and structure of the Bombay Coated and Special Steels IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#What_is_the_Bombay_Coated_and_Special_Steels_IPO_GMP\" title=\"What is the Bombay Coated and Special Steels IPO GMP?\">What is the Bombay Coated and Special Steels IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#How_do_I_apply_for_the_Bombay_Coated_and_Special_Steels_IPO\" title=\"How do I apply for the Bombay Coated and Special Steels IPO?\">How do I apply for the Bombay Coated and Special Steels IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#When_will_the_Bombay_Coated_and_Special_Steels_IPO_be_allotted_and_listed\" title=\"When will the Bombay Coated and Special Steels IPO be allotted and listed?\">When will the Bombay Coated and Special Steels IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#What_does_Bombay_Coated_and_Special_Steels_Limited_do\" title=\"What does Bombay Coated and Special Steels Limited do?\">What does Bombay Coated and Special Steels Limited do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#How_will_Bombay_Coated_and_Special_Steels_use_the_IPO_proceeds\" title=\"How will Bombay Coated and Special Steels use the IPO proceeds?\">How will Bombay Coated and Special Steels use the IPO proceeds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/bombay-coated-and-special-steels-initial-public-offering-day-1-subscription-29-october-2026\/#Who_are_the_registrar_and_lead_manager_for_the_Bombay_Coated_and_Special_Steels_IPO\" title=\"Who are the registrar and lead manager for the Bombay Coated and Special Steels IPO?\">Who are the registrar and lead manager for the Bombay Coated and Special Steels IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bombay_Coated_and_Special_Steels_IPO_Details\"><\/span><strong>Bombay Coated and Special Steels IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the Bombay Coated and Special Steels IPO, including the price band, lot size and important dates.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>29 October 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>2 November 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Face Value<\/strong><\/td>\n<td>Rs 10 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 78 to Rs 82 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>182 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 183.06 crore (entirely fresh issue of 2,23,24,024 shares)<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue, Mainboard<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>BSE, NSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>3 November 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>5 November 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Bombay_Coated_and_Special_Steels_IPO_Quick_Facts\"><\/span><strong>Bombay Coated and Special Steels IPO Quick Facts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Particulars<\/th>\n<th>Snapshot<\/th>\n<\/tr>\n<tr>\n<td>Minimum retail investment<\/td>\n<td>Rs 14,924 (1 lot, 182 shares, at the upper band)<\/td>\n<\/tr>\n<tr>\n<td>Retail maximum<\/td>\n<td>13 lots, 2,366 shares (Rs 1,94,012)<\/td>\n<\/tr>\n<tr>\n<td>Small HNI range<\/td>\n<td>14 to 67 lots (Rs 2,08,936 to Rs 9,99,908)<\/td>\n<\/tr>\n<tr>\n<td>Big HNI minimum<\/td>\n<td>68 lots, 12,376 shares (Rs 10,14,832)<\/td>\n<\/tr>\n<tr>\n<td>Anchor book<\/td>\n<td>About Rs 54 crore on 28 October 2026<\/td>\n<\/tr>\n<tr>\n<td>Promoter holding<\/td>\n<td>97.78 percent before the issue, 63.03 percent after<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>KFin Technologies Ltd<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>Smart Horizon Capital Advisors Pvt Ltd<\/td>\n<\/tr>\n<\/table>\n<p>This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bombay_Coated_and_Special_Steels_IPO_Share_Reservation\"><\/span><strong>Bombay Coated and Special Steels IPO Share Reservation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue offers not more than 50 percent of the net offer to qualified institutional buyers, not less than 15 percent to non-institutional investors and not less than 35 percent to retail investors. The anchor book was completed on 28 October ahead of public bidding.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bombay_Coated_and_Special_Steels_IPO_Subscription_Status_Day_1\"><\/span><strong>Bombay Coated and Special Steels IPO Subscription Status Day 1<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bidding for the issue has opened today, 29 October 2026, so the category wise numbers below will fill in as the session progresses. Larger institutional bids in mainboard issues often arrive late in the window, so Day 1 numbers usually lean on retail.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription Status, Day 1 (29 Oct)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>Bidding just opened, updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Bombay_Coated_and_Special_Steels_IPO\"><\/span><strong>How to Apply for the Bombay Coated and Special Steels IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 78 to Rs 82 band, in multiples of 182 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 2 November.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue on its opening day.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Bombay_Coated_and_Special_Steels_Limited\"><\/span><strong>About Bombay Coated and Special Steels Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bombay Coated and Special Steels Limited, incorporated in December 2019, converts steel coils through slitting, cut-to-length, shearing and embossing lines for OEMs and ODMs in appliances, automotive and electrical equipment, with four plants in Wada and Bhiwandi in Maharashtra, Ghiloth in Rajasthan and Sri City in Andhra Pradesh, and installed capacity of 1,23,153 tonnes a year as of 30 June 2026. Revenue from operations was Rs 752.26 crore in FY24, Rs 1,055.71 crore in FY25 and Rs 1,266.82 crore in FY26, while profit after tax rose from Rs 21.14 crore to Rs 28.67 crore and Rs 30.54 crore. For the quarter ended June 2026, total income was Rs 397.55 crore and profit after tax Rs 15.08 crore, and borrowings stood at Rs 273.69 crore. JSW Steel Coated Products supplied about 87 percent of steel coil purchases in FY26. Promoters hold 97.78 percent before the issue and 63.03 percent after it, and the upper band implies a market capitalisation of about Rs 515 crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened for bidding today, 29 October 2026, offering exposure to a steel processor serving appliance makers through a pure fresh issue. Investors considering the issue should weigh the valuation of about 17 times FY26 earnings, the debt to equity ratio of about 2 times and the dependence on JSW Steel Coated Products for coil supply, and read the RHP on bseindia.com before applying after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Bombay_Coated_and_Special_Steels_IPO_subscription_status_on_Day_1\"><\/span><strong>What is the Bombay Coated and Special Steels IPO subscription status on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for bidding today, 29 October 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE and NSE as the day progresses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Bombay_Coated_and_Special_Steels_IPO_open_and_close\"><\/span><strong>When does the Bombay Coated and Special Steels IPO open and close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for subscription today, 29 October 2026, and will close on 2 November 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Bombay_Coated_and_Special_Steels_IPO_price_band_and_lot_size\"><\/span><strong>What is the Bombay Coated and Special Steels IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 78 to Rs 82 per share, with a lot size of 182 shares. A retail investor needs at least one lot, which is Rs 14,924 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_size_and_structure_of_the_Bombay_Coated_and_Special_Steels_IPO\"><\/span><strong>What is the issue size and structure of the Bombay Coated and Special Steels IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is entirely a fresh issue of 2,23,24,024 equity shares worth about Rs 183.06 crore, with no offer for sale component.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Bombay_Coated_and_Special_Steels_IPO_GMP\"><\/span><strong>What is the Bombay Coated and Special Steels IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Bombay_Coated_and_Special_Steels_IPO\"><\/span><strong>How do I apply for the Bombay Coated and Special Steels IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 78 to Rs 82 band, in multiples of 182 shares, then approving the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Bombay_Coated_and_Special_Steels_IPO_be_allotted_and_listed\"><\/span><strong>When will the Bombay Coated and Special Steels IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 3 November 2026, and the shares are tentatively scheduled to list on BSE and NSE on 5 November 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Bombay_Coated_and_Special_Steels_Limited_do\"><\/span><strong>What does Bombay Coated and Special Steels Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bombay Coated and Special Steels Limited is a steel processing company that converts steel coils into slit coils, embossed coils and blanks for OEMs and ODMs in appliances, automotive and electrical equipment, and also offers logistics and inventory management.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_will_Bombay_Coated_and_Special_Steels_use_the_IPO_proceeds\"><\/span><strong>How will Bombay Coated and Special Steels use the IPO proceeds?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company plans to use Rs 125 crore to repay or prepay borrowings and about Rs 15.77 crore to acquire capital equipment under existing Siemens Financial Services leases, with the balance for general corporate purposes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_registrar_and_lead_manager_for_the_Bombay_Coated_and_Special_Steels_IPO\"><\/span><strong>Who are the registrar and lead manager for the Bombay Coated and Special Steels IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> KFin Technologies Ltd is the registrar for the issue, and Smart Horizon Capital Advisors Pvt Ltd is the book running lead manager for the issue.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for bidding today, 29 October 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE and NSE as the day progresses.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue open and close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for subscription today, 29 October 2026, and will close on 2 November 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 78 to Rs 82 per share, with a lot size of 182 shares. 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