Bombay Coated and Special Steels IPO

The last grey market premium reported for the Bombay Coated and Special Steels Limited IPO is ₹9, as of 29 Oct, 10:00 pm. Against the ₹82 upper band that is +11.0%. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Adding the ₹9 premium to the ₹82 upper band gives an implied price of ₹91. That is only what unregulated grey-market dealers are quoting today; the listing price is discovered on the exchange in the pre-open session on listing day and routinely differs from it.

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

The Bombay Coated and Special Steels Limited IPO is subscribed 2.67× overall as of 30 Oct, 5:37 am: QIB 6.55×, non-institutional 0.72× and retail 1.24×. Figures are the consolidated book across NSE and BSE, as NSE publishes it.

The retail portion is subscribed 1.24× as of 30 Oct, 5:37 am. Retail means individual investors applying for up to ₹2,00,000.

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and retail demand, plus one row per day so the build-up over the issue can be compared.

Overall subscription at the last reading of each bidding day: day 1 (29 October 2026): 2.67×, day 2 (30 October 2026): 2.67×. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.

Allotment for the Bombay Coated and Special Steels Limited IPO is scheduled for 3 November 2026, the trading day after bidding closes on 2 November 2026. Under SEBI's T+3 timeline, refunds and demat credit are due on 4 November 2026 and the shares list on 5 November 2026. Dates are tentative until the registrar and exchange confirm them.

Check it on the registrar's IPO allotment page: KFin Technologies Limited publishes the result once it finalises the basis of allotment with the stock exchange. Choose the issue and enter your PAN, application number or DP ID / client ID. BSE and NSE also show allotment status on their websites, using the registrar's data. If no shares are allotted, your bank releases the blocked amount. alphave does not publish allotment results.

The registrar to the Bombay Coated and Special Steels Limited IPO is KFin Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Bidding for the Bombay Coated and Special Steels Limited IPO opens on 29 October 2026 and closes on 2 November 2026. Brokers may stop taking bids somewhat earlier.

The shares are scheduled to list on 5 November 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 29 October 2026 and 2 November 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹82); a UPI mandate must be approved before the issue's UPI cut-off on the closing day.

2 November 2026 is the last day of bidding. Allotment is scheduled for 3 November 2026, refunds and demat credit for 4 November 2026, and listing for 5 November 2026 — tentative until confirmed.

The Bombay Coated and Special Steels Limited IPO price band is ₹78 to ₹82 per share. Retail investors can bid at the cut-off price, which is the upper end of the band; QIB and non-institutional bids name a price within it.

One lot is 182 shares, so a single application at the ₹82 cut-off costs ₹14,924. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

₹14,924 — one lot of 182 shares at ₹82. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Bombay Coated and Special Steels Limited is a mainboard issue listing on NSE. Smart Horizon Capital Advisors Private Limited is a lead manager to the issue.

The issue size is ₹183.06 crore, all of it a fresh issue of new shares.

No. Bombay Coated and Special Steels Limited's red herring prospectus reserves no part of the issue for shareholders or employees; applications go through the standard investor categories.

Bombay Coated and Special Steels Limited reported revenue of ₹1,266.82 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

From the restated financial statements in the company's draft and final offer documents, filed with SEBI and the stock exchanges. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

The Bombay Coated and Special Steels Limited IPO's offer document is linked on this page as filed. SEBI and the stock exchanges also publish it, and the lead managers host it.

The Draft Red Herring Prospectus is the document a company files before an IPO — with SEBI for a mainboard issue, with the stock exchange for an SME issue. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the updated version filed before the issue opens, with the issue dates; the price band is announced separately, at least two working days before bidding opens.

We have experienced negative cash flows from investing and financing activities in the past and may continue to experience negative cash flows in the future, which could adversely affect our liquidity, financial condition and ability to operate our business and implement our growth plans Our high debt-to-equity ratio could adversely affect our financial condition, results of operations, and business prospects Under-utilisation of our manufacturing capacities over extended periods, or significant under-utilisation in the short term, could increase our cost of production and operating costs, which could adversely affect our operating leverage, margins and financial performance The page lists all 8 disclosed risk factors.

The Bombay Coated and Special Steels Limited shares are scheduled to list on 5 November 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

Grey-market dealers are quoting a premium of ₹9 over the ₹82 upper band, which implies ₹91. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice. The actual listing price is set by demand in the pre-open session.

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Subscription figures are the exchange's category-wise book (NSE's consolidated NSE and BSE figure, or BSE's own for a BSE-only issue), read about every 5 minutes during bidding hours. GMP is an unofficial grey-market indicator checked about every 20 minutes between 8 am and 10 pm IST from a third-party reporter; the history keeps a row for each change. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue details and the offer document filed with SEBI and the stock exchanges. Financials are the restated figures in the offer document, and the shareholding pattern is as disclosed there; allotment results come from the registrar, whose page this page links to. Anchor investor allocations, where shown, are from the anchor allocation filed with the exchange.