Bombay Coated and Special Steels IPO Subscription Status Day 3: Overall Subscription Reaches 63.11x

Bombay Coated and Special Steels IPO subscription reached 63.11 times on Day 3, as of 4:39:27 PM on 2 November 2026. The public issue received bids for 99,25,15,342 shares against 1,57,26,524 shares available for subscription, excluding the anchor investor portion.

The NII category recorded the highest subscription at 166.17 times, followed by QIB (Ex Anchor) at 37.32 times. The Individual Investors portion was subscribed 34.01 times.

Subscription Status of Bombay Coated and Special Steels IPO

Here are the subscription details for on the Bombay Coated and Special Steels IPO day 3, as of 5:39:06 PM:

Key Highlights - Day 3

• Bombay Coated and Special Steels IPO recorded overall subscription of 63.11 times on 2 November 2026, compared with 3.98 times on Day 2. The issue received bids for 99,25,15,342 shares against 1,57,26,524 shares available for public subscription.
• Non-Institutional Investors led the subscription at 166.17 times. Within the category, bNII applications above ₹10 lakh were subscribed 192.94 times, while sNII applications below ₹10 lakh recorded subscription of 112.63 times.
• QIB (Ex Anchor) subscription increased to 37.32 times on the final day, compared with 6.89 times on Day 2. Individual Investors subscription reached 34.01 times, compared with 3.17 times on the previous bidding day.

Key Highlights – Day 2

• Bombay Coated and Special Steels IPO recorded overall subscription of 3.98 times on 30 October 2026, increasing from 2.81 times on the opening day.
• The QIB (Ex Anchor) category remained subscribed 6.89 times, while Individual Investors subscription increased to 3.17 times from 1.31 times on Day 1.
• NII subscription rose to 1.90 times on Day 2 from 0.76 times on Day 1. Within the category, bNII subscription stood at 1.30 times, while sNII subscription reached 3.09 times.

Key Highlights – Day 1

• Bombay Coated and Special Steels IPO recorded an overall subscription of 2.81 times on 29 October 2026, the first day of bidding.
• QIB (Ex Anchor) investors recorded the highest subscription among the main investor categories at 6.89 times, followed by Individual Investors at 1.31 times.
• The NII portion was subscribed 0.76 times on Day 1. Within this category, bNII subscription stood at 0.51 times, while sNII subscription reached 1.25 times.

About Bombay Coated and Special Steels Limited

Bombay Coated and Special Steels Limited is a steel processing company engaged in converting steel coils into value-added processed steel products. Its operations include precision slitting, cut-to-length processing, shearing and embossing. The company's product portfolio comprises slit coils, embossed slit coils, blanks, embossed blanks and sheared blanks. These products are supplied to original equipment manufacturers and original design manufacturers across sectors including home appliances, automotive, electrical equipment, refrigeration, ventilation and general engineering.

The company operates manufacturing facilities at Wada and Bhiwandi in Maharashtra, Ghiloth in Rajasthan and Sri City in Andhra Pradesh. Its aggregate installed slitting capacity stood at 1,23,153 metric tonnes per annum as of 30 June 2026. Bombay Coated and Special Steels also provides inventory management, logistics support and just-in-time delivery services to industrial customers. The company's IPO was a ₹183.06 crore book-building issue comprising entirely fresh equity shares, with a price band of ₹78 to ₹82 per share.