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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Bombay Coated and Special Steels Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹78 - ₹82
Per ShareLot Size
182 Shares
Minimum Investment
₹14,196
Issue Size
₹183.06 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
97.78%
Promoter Holding (Post-Issue)
63.03%
Issue Type
Book Building
ISIN
INE0XFY01011
We are a steel processing centre engaged in the business of converting steel coils into value-added processed steel products. Our core competencies include precision slitting, cut-to-length processing, shearing, and embossing of steel coils into slit coils and blanks/sheets (collectively referred to as "Processed Steel Products"). We cater to a diversified customer base comprising Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs). Our Company, being a Steel Processing Centre ("SPC"), operates as an intermediary between primary steel producers and end-users by providing value-added processing services.
The market size of Global Steel Processing Centre Industry grew at a CAGR of 6.3% from CY20 to CY25 reaching an estimated market size of USD 215.3 billion by CY25. It is further projected to grow at a CAGR of 6.3% from CY25 to CY30 reaching market size of USD 292.3 billion by CY30. The market size of the global Steel Processing Centre industry in India has grown at a CAGR of 8.6% from CY20 to CY25 reaching an estimated market size of USD 8.2 billion by CY25. It is further projected to grow at a CAGR of 8.7% from CY25 to CY30, reaching a market size of USD 12.4 billion by CY30.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 22,324,024 equity shares of face value of Rs. 10 each ("Equity Shares") of Bombay Coated and Special Steels Limited ("The Company" or "Issuer") for cash at a price of Rs. 82 per equity share (including a share premium of Rs. 72 per equity share) ("Issue Price") aggregating up to Rs. 183.06 Crores (the "Issue"). The issue comprises a fresh issue of up to 22,324,024 equity shares. The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement of specified securities, as may be permitted under applicable law, to any person(s), aggregating up to Rs. [*] crores at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the size of the fresh issue. Prior to the completion of the issue, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the issue, or the issue may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). Price Band: Rs. 78/- to Rs. 82/- per equity share of face value of Rs. 10 each. The floor price is 7.8 times the face value of the equity shares and the cap price is 8.2 times the face value of the equity shares. Bids can be made for a minimum of 182 equity shares of face value of Rs. 10 each and in multiples of 182 equity shares of face value of Rs. 10 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as `Bombay Coated and Special Steels Private Limited', a private limited company under the provisions of Companies Act, 2013 at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated December 26, 2019, issued by Assistant Registrar of Companies, Central Registration Centre at Manesar, Haryana for and on behalf of the Jurisdictional Registrar of Companies, Mumbai at Maharashtra ("RoC"). Further, pursuant to Business Transfer Agreement dated January 29, 2021 ("BTA") with Mr. Vijaykumar Himatrai Gupta, proprietor of M/s. Bombay Steels, Our Company acquired the running business of Bombay Steels. Thereafter, our Company was converted into a public limited company pursuant to a board resolution dated January 21, 2025 and a special resolution passed by our Shareholders dated January 22, 2025 and consequently, the name of our Company was changed to `Bombay Coated and Special Steels Limited'. A fresh certificate of change of name, consequent upon conversion to a public limited company was issued by Registrar of Companies, Central Processing Centre, Manesar, Haryana on February 14, 2025.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.