About the Bombay Coated and Special Steels IPO
Bombay Coated and Special Steels is a Mainboard issue listing on Equity with an issue size of ₹183.06 Cr. The price band is ₹82 per share and one lot is 182 shares. Bidding runs from 29 Oct 2026 to 2 Nov 2026. The minimum application is one lot, which costs ₹14,924 at the upper band.
What the GMP implies
At the last recorded GMP of ₹8, the grey market is pricing Bombay Coated and Special Steels at about ₹90 on listing, against the upper price band of ₹82, or roughly ₹1,456 per lot.
Trackers quote between ₹0 and ₹8 across 9 sources. GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Bombay Coated and Special Steels IPO key dates
| Bidding opens | 29 Oct 2026 |
| Bidding closes | 2 Nov 2026 |
| Allotment | 3 Nov 2026 |
| Refunds start | 4 Nov 2026 (expected) |
| Shares credited to demat | 4 Nov 2026 (expected) |
| Listing | 5 Nov 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 182 | ₹14,924 |
| Retail (max) | 13 | 2,366 | ₹1,94,012 |
| Small HNI (min) | 14 | 2,548 | ₹2,08,936 |
| Small HNI (max) | 67 | 12,194 | ₹9,99,908 |
| Big HNI (min) | 68 | 12,376 | ₹10,14,832 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Bombay Coated and Special Steels, enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 3 Nov 2026 using the button above.