Bombay Coated & Special Steels IPO Subscription Status Day 3: Issue Subscribed 63.89 Times

Mumbai, November 02: The Bombay Coated & Special Steels IPO was subscribed 63.89 times overall as of 5:04:57 PM IST on November 2, 2026, the third and final day of bidding, according to the subscription figures provided. The non-institutional investor (NII) category recorded 166.44 times subscription, while qualified institutional buyers (QIBs), excluding anchor investors, subscribed 37.32 times. Retail investors registered 35.46 times subscription at the reported snapshot time. The book-built issue is valued at approximately ₹183.06 crore and comprises entirely a fresh issue of 2,23,24,024 equity shares. The IPO was offered at a price band of ₹78 to ₹82 per share, with the issue price fixed at ₹82. Subscription opened on October 29, 2026, and closed on November 2, 2026. The tentative allotment date is November 3, 2026. Refunds and credit of shares are scheduled for November 4, while the company’s equity shares are expected to list on the BSE and NSE on November 5, 2026.

Bombay Coated & Special Steels IPO Day 3 Subscription Status

As of 5:04:57 PM IST on November 2, 2026, the Bombay Coated & Special Steels IPO had received bids for 1,00,47,37,734 shares against 1,57,26,524 shares available for public subscription, excluding the anchor investor allocation. The non-institutional investor segment received bids for 55,73,33,868 shares against 33,48,603 shares offered. Within this category, big non-institutional investors (bNII) submitted bids for 43,07,09,916 shares, while small non-institutional investors (sNII) placed bids for 12,66,23,952 shares. The QIB category, excluding anchor investors, received bids for 17,03,30,524 shares against 45,64,512 shares offered. Retail investors submitted bids for 27,70,73,342 shares against their allocation of 78,13,409 shares.

The category-wise subscription position at the reported snapshot time was as follows:

Investor Category	Shares Offered	Shares Bid For	Subscription (Times)
QIB (Ex Anchor)	45,64,512	17,03,30,524	37.32x
NII/HNI	33,48,603	55,73,33,868	166.44x
bNII (Above ₹10 lakh)	22,32,402	43,07,09,916	192.94x
sNII (Below ₹10 lakh)	11,16,201	12,66,23,952	113.44x
Retail Investors	78,13,409	27,70,73,342	35.46x
Total	1,57,26,524	1,00,47,37,734	63.89x

The issue also includes an anchor investor allocation of 65,97,500 shares, for which the full allocated quantity was subscribed. This portion is excluded from the overall public subscription calculation.

Bombay Coated & Special Steels IPO Day-wise Subscription Summary

The Bombay Coated & Special Steels IPO opened for public subscription on October 29, 2026, and concluded on November 2, 2026, covering three bidding days. The supplied day-wise records show the subscription position across investor categories. The final day’s figures reflect the snapshot reported at 5:04:57 PM IST on November 2, 2026.

Date	QIB (Ex Anchor)	NII	Retail Investors	Total Subscription
October 29, 2026 (Day 1)	6.89x	0.76x	1.31x	2.81x
October 30, 2026 (Day 2)	6.89x	1.90x	3.17x	3.98x
November 2, 2026 (Day 3, 5:04:57 PM IST)	37.32x	166.44x	35.46x	63.89x

The IPO recorded an overall subscription of 2.81 times on its opening day, followed by 3.98 times on the second day. By the final day’s reported snapshot, the issue had reached 63.89 times subscription. The NII segment registered the highest subscription multiple among the public investor categories on the closing day. Subscription figures for both retail investors and QIBs also increased compared with the previous day’s reported position.

Bombay Coated & Special Steels IPO Timeline

Following the closure of bidding on November 2, 2026, the Bombay Coated & Special Steels IPO is scheduled to proceed through allotment and settlement. The tentative listing date is November 5, 2026.

IPO Event	Date
Issue Open Date	October 29, 2026
Issue Close Date	November 2, 2026
Allotment Date	November 3, 2026
Initiation of Refunds	November 4, 2026
Credit of Shares	November 4, 2026
Tentative Listing Date	November 5, 2026
Listing Platform	BSE and NSE

Brief Overview of the Bombay Coated & Special Steels IPO

Bombay Coated & Special Steels’ IPO is a book-built public issue aggregating approximately ₹183.06 crore, consisting entirely of a fresh issue of 2,23,24,024 equity shares. The issue does not include an offer-for-sale component. The IPO includes an allocation of 1,11,62,012 shares to qualified institutional buyers, representing 50% of the total issue. Non-institutional investors have been allocated 33,48,603 shares, accounting for 15%, while retail investors have been allotted a reservation of 78,13,409 shares, equivalent to 35% of the issue. Within the QIB allocation, 65,97,500 shares are designated for anchor investors, leaving 45,64,512 shares for other qualified institutional buyers. The IPO price band was fixed at ₹78 to ₹82 per equity share, with a face value of ₹10. The issue price is ₹82 per share, and the minimum application lot size is 182 equity shares. Retail investors could apply for one lot, requiring an investment of ₹14,924 at the issue price. For small non-institutional investors (sHNI), the minimum application size is 14 lots or 2,548 shares, involving an investment of ₹2,08,936. Big non-institutional investors (bHNI) have a minimum application requirement of 68 lots, equivalent to 12,376 shares and an investment of ₹10,14,832. Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead manager for the issue, while Kfin Technologies Ltd. serves as the registrar. The IPO opened for subscription on October 29, 2026, and closed on November 2, 2026. The Allotment is tentatively scheduled for November 3, followed by the initiation of refunds and credit of shares on November 4. Bombay Coated & Special Steels is expected to list on the BSE and NSE on November 5, 2026.

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=BCSSL&series=EQ&type=Active