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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Bombay Coated and Special Steels Limited is a steel processing centre that converts steel coils into value-added products like slit coils, blanks, and sheared components for diverse industries.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 · 30 Oct | 0.00× | 1.02× | 1.82× | 1.12× |
| Day 3 · 2 Nov | 16.4× | 82.3× | 20.9× | 32.7× |
| Final · 3 Nov | 16.4× | 82.3× | 21.0× | 32.7× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
The company operates as an intermediary between primary steel producers and end-users, providing value-added processing services including precision slitting, cut-to-length processing, shearing, and embossing. It caters to a diversified customer base, including OEMs and ODMs in sectors such as home and commercial appliances, automotive, and general engineering.
With manufacturing facilities located in Maharashtra, Rajasthan, and Andhra Pradesh, the company emphasizes just-in-time delivery and inventory management to support its customers' production schedules. It has been an authorized service partner of JSW Steel Coated Products Limited since 2021, which ensures a reliable supply of raw materials for its processing operations.
Since its listing-day close it has moved 0.0%, while the Nifty moved 0.0% over the same 0 sessions. Windows are measured vs the issue price and fill in as sessions trade.
Full stock analysis for BCSSL →At the upper band of ₹82 and FY26 diluted EPS of ₹7.64, the issue is priced at 10.7× earnings; the listed peers named in the RHP range from 15.0× to 98.5× (average 48.2×).
Peer multiples are as printed in the RHP (priced on its record date) and differ in size, growth and quality — a P/E comparison describes where the price sits, not whether it is right. Not a recommendation.
This row was written the day before listing and has not been edited since. Right or wrong, it stays.
An issue price only means something next to what the market already pays for similar businesses.
GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education. The business profile is an AI summary of the company's red herring prospectus; every figure shown was checked to appear in the prospectus text, and anything that didn't match was left out. Read the RHP itself before relying on any of it.
Bombay Coated and Special Steels listed on 5 Nov 2026 at Rs 91 against an issue price of Rs 82 — a gain of 11.0% on debut.
The Bombay Coated and Special Steels IPO price band is Rs 78 to Rs 82 per share, with bidding open from 29 Oct 2026 to 2 Nov 2026. It is a Mainboard issue.
The minimum bid is one lot of 182 shares, which is Rs 14,924 at the upper price band. A retail investor can bid for up to 13 lots (Rs 1,94,012) within the Rs 2 lakh retail limit.
As of 5 Nov 2026, Bombay Coated and Special Steels traded 15.6% above its issue price and 0.0% above its listing-day close; the Nifty moved 0.0% over the same period.
At the upper price band of Rs 82 and diluted EPS of Rs 7.64 (FY2026), the Bombay Coated and Special Steels IPO is priced at about 10.7 times earnings. The listed peers named in its RHP trade between 15.0x and 98.5x (average 48.2x). A P/E comparison describes where the price sits relative to peers; it is not a recommendation.
As of 3 Nov 2026, the Bombay Coated and Special Steels IPO was subscribed 32.73 times overall — QIB 16.43 times, NII 82.34 times, retail 21.00 times, per official NSE bid data.
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.