Bombay Coated and Special Steels IPO

Latest update · 23 Oct 2026

Bombay Coated and Special Steels IPO: Issue Structure, Financial Performance and Valuation Analysis

Analyze the Bombay Coated and Special Steels IPO opening October 29, 2026. Review issue structure, INR 183.06 crore fresh issue, financials and peer data.

• The IPO is structured as a fresh issue of INR 183.06 crore with no offer-for-sale component.
• Bidding is scheduled from 29 October 2026 to 2 November 2026, with listing planned for 5 November 2026 on BSE and NSE.
• Installed processing capacity reached 1,23,153 MTPA across four plants, growing at a CAGR of 23.83% between FY 2024 and FY 2026.
• FY 2026 revenue stood at INR 1,266.82 crore with a net profit of INR 30.54 crore and a net margin of 2.41%.
• Net proceeds will primarily fund debt repayment of INR 125 crore and equipment lease obligations of INR 15.77 crore.