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Bombay Coated and Special Steels IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

3 min read | Updated on November 02, 2026, 09:00 IST

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SUMMARY

The ₹183.06 crore Bombay Coated & Special Steels IPO is entirely a fresh issuance of 2.23 crore equity shares, with no offer for sale (OFS) component.

Prior to the IPO, Bombay Coated and Special Steels raised ₹54.1 crore from anchor investors. | Image: bcsspl.in

Prior to the IPO, Bombay Coated and Special Steels raised ₹54.1 crore from anchor investors. | Image: bcsspl.in

The initial public offering of Bombay Coated and Special Steels Ltd will conclude on Monday, November 2, the last day of bidding. The subscription details for Day 3 will be available after 10 am.

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As of Day 2, the issue was subscribed 3.78 times, as it secured bids for 6,25,74,512 shares compared to 1,65,33,012 shares on offer, as per NSE data.

The portion for qualified institutional buyers (QIBs) was subscribed 6.56 times. The quota for retail investors was booked 3.02 times, and that of non-institutional investors was subscribed 1.80 times.

The ₹183.06 crore IPO is entirely a fresh issuance of 2.23 crore equity shares, with no offer for sale (OFS) component.

Of the proceeds, ₹125 crore will be used for debt clearance of certain borrowings, while ₹15.7 crore will be utilised to finance the cost of acquiring capital equipment under existing lease arrangements with Siemens Financial Services. The rest will be used for general corporate purposes.

Incorporated in 2019, the firm is a steel processing centre that converts steel coils into value-added products through operations like slitting, cut-to-length processing, shearing and embossing.

The company serves original equipment manufacturers (OEMs) and original design manufacturers across sectors, including home appliances, automotive, consumer durables, electrical equipment and infrastructure.

It operates manufacturing facilities in Rajasthan, Maharashtra, and Sri City in Andhra Pradesh.

Bombay Coated and Special Steels IPO allotment and listing date

Bombay Coated and Special Steels IPO allotment status is likely to be finalised on Tuesday, November 3. The stock will make its market debut on Thursday, November 5.

MK Sons Fine Jewels IPO allotment: How to check status online on NSE, BSE, Bigshare Services; listing date, time here

How to check Bombay Coated and Special Steels IPO allotment status on NSE

Steps to check Bombay Coated and Special Steels IPO allotment status on KFin Technologies

  • Open this link: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ section, pick 'Bombay Coated and Special Steels Ltd'
  • Enter your IPO application number, PAN or Demat account number
  • Click on ‘Submit’
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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