BSE List Price : ₹

NSE List Price : ₹

Subscription

Category	Times
QIBs	37.32x
HNIs	166.44x
Retail	35.46x
Total : 63.89x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	182	₹14,924
Retail Maximum	13	2,366	₹194,012
S - HNI Minimum	14	2,548	₹208,936
S - HNI Maximum	67	12,194	₹999,908
B - HNI Minimum	68	12,376	₹1,014,832

About the Company

Bombay Coated and Special Steels Limited was incorporated in 2019. It operates as a steel processing centre, converting steel coils into customised value-added products for manufacturers. The company operates four manufacturing facilities across Maharashtra Rajasthan and Andhra Pradesh.

Business Model: The company procures coated and non-coated steel coils and processes them according to customer specifications using precision slitting cut-to-length shearing and embossing machinery.

Products & Services

• Slit steel coils

• Embossed slit coils

• Steel blanks

• Embossed blanks

• Sheared steel blanks

• Steel coil processing and customisation

• Inventory management and logistics support

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
Mar 2024	₹765.41	₹737.21	₹21.14	₹350.21
Mar 2025	₹1058.65	₹1021.48	₹28.67	₹458.21
Mar 2026	₹1269.83	₹1229.04	₹30.54	₹571.47
June 2026	₹397.55	₹376.90	₹15.08	₹526.11

Company Promoter

Vijaykumar Himatrai Gupta

Nitin Vijaykumar Gupta

Bhawna Nitin Gupta

Know before investing

• • Strengths

  • Established supplier relationship: Authorised service partner of JSW Steel Coated Products Limited.

  • Multiple manufacturing facilities: Four facilities support regional supply and processing.

  • Diversified customer industries: Serves home appliances commercial appliances automotive electrical equipment and general engineering.

  • Growing revenue: Revenue from operations increased from 1055.71 crore in FY2025 to 1266.82 crore in FY2026.

  • Improved profitability: Profit after tax increased from 28.67 crore in FY2025 to 30.54 crore in FY2026.

• • Risks

  • Supplier concentration: Dependence on key steel suppliers may affect raw material availability and pricing.

  • Borrowings: The company intends to use a significant portion of the IPO proceeds to repay or prepay borrowings.

  • Steel price volatility: Fluctuations in steel prices may affect margins and inventory valuation.

  • Customer concentration: Dependence on major customers can expose the company to changes in order volumes.

  • Working capital requirements: Steel inventory and customer payment cycles can create cash flow pressure.

Objects of the Issue & Utilisation of proceeds

1. Repayment or Prepayment of Existing Borrowings

2. Acquisition of Capital Equipment Under Existing Lease Agreements with Siemens Financial Services Private Limited

3. General Corporate Purposes

Company Address

Bombay Coated & Special Steels Ltd.
2602, Parinee I,
7-A Shah Industrial Estate,
Andheri (West),
Mumbai, Maharashtra, 400053
Phone: +91 22 4664 9193
Email: compliance@bcsspl.in
Website: http://www.bcsspl.in/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://ipostatus.kfintech.com/