Bombay Coated & Special Steels Debuts at Premium, Rises up to 5%

Mumbai, November 05: Bombay Coated & Special Steels shares made their stock market debut on November 5, listing at ₹91 on the NSE and ₹92.02 on the BSE, against the IPO issue price of ₹82 per share. The shares debuted at a premium of 10.98% on the NSE and 12.22% on the BSE. 

The stock extended its gains after listing. At 10:15:59 AM IST, the NSE-linked snapshot showed the shares at ₹95.55, up 5% from the NSE listing price. The BSE-linked snapshot showed a price of ₹96.55 at 10:16 AM IST, a rise of approximately 4.92% from its listing price. 

The market debut followed the company’s ₹183.06 crore IPO, which received an overall subscription of 44.94 times during its bidding period from October 29 to November 2, 2026. 

Bombay Coated & Special Steels Share Price Movement 

The company listed at ₹91 on the NSE and ₹92.02 on the BSE. Compared with the issue price of ₹82, the listing premiums stood at 10.98% and 12.22%, respectively. 

Following the debut, the NSE-linked market snapshot recorded a price of ₹95.55 at 10:15:59 AM IST. This represented a gain of ₹4.55, or 5%, over the NSE listing price. 

On the BSE, the shares were displayed at ₹96.55 at 10:16 AM IST, up ₹4.53, or approximately 4.92%, from the BSE listing price of ₹92.02. 

Bombay Coated & Special Steels IPO Issue Details 

The Bombay Coated & Special Steels IPO was a book-built issue worth ₹183.06 crore. The issue comprised an entirely fresh issue of 2,23,24,120 equity shares, with no offer-for-sale component. 

The price band was fixed at ₹78–₹82 per share, and the final issue price was set at ₹82. The face value was ₹10 per share, while the lot size was 182 shares. The minimum retail investment was ₹14,924, based on the upper end of the price band. 

The IPO opened on October 29 and closed on November 2, 2026. The basis of allotment was finalised on November 3, and the shares were listed on both exchanges on November 5. 

Bombay Coated & Special Steels IPO Subscription Status 

The IPO received an overall subscription of 44.94 times. The qualified institutional buyer (QIB) category, including anchor investors, was subscribed 15.92 times, while the non-institutional investor (NII) portion recorded 165.99 times subscription. 

The retail investor category was subscribed 34.52 times. Within the NII category, the portion for applications above ₹10 lakh was subscribed 192.76 times, while the portion below ₹10 lakh received 112.46 times subscription. 

The final subscription data showed bids for 1,00,33,53,442 shares against 2,23,24,120 shares offered. The issue received 13,20,974 applications. 

Fresh Issue And Utilisation Of Proceeds 

The company raised ₹183.06 crore through the fresh issue of 2,23,24,120 shares. The entire issue consisted of newly issued shares, meaning the proceeds will go to the company rather than existing shareholders. 

The fresh issue accounted for the full public issue size, with shares allocated across qualified institutional buyers, non-institutional investors and retail investors. 

At the latest displayed snapshots, Bombay Coated & Special Steels shares were trading at ₹95.55 on the NSE at 10:15:59 AM IST and ₹96.55 on the BSE at 10:16 AM IST on November 5, 2026.  

Source: 

• https://www.bseindia.com/stock-share-price/bombay-coated-and-special-steels-ltd/bombay-coated-and-special-steels-ltd/545018 
• https://www.nseindia.com/get-quote/equity/BCSSL/Bombay-Coated-and-Special-Steels-Limited