IPO LabelBombay Coated and Special Steels
MainboardAllotment today
Allotment is due today. Money for bids that get no shares is released by 4 Nov.
- Minimum
- ₹14,924
- Band
- ₹78–₹82
- Issue size
- ₹183.06 Cr
- GMP
- ₹8 (+9.76%)
- Subscribed
- 33.73×
GMP rumours
₹8(+9.76%)
Ranged ₹7–₹10 since 23 Oct
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid(Cr) | Subscribed(×) | Chance |
|---|---|---|---|
| Retailup to ₹2 lakh | 27.71 | 33.73 | 1 in 34 |
| sHNI₹2–10 lakh | 12.66 | 107.91 | 1 in 108 |
| bHNI₹10 lakh + | 43.07 | 183.52 | 1 in 184 |
| InstitutionalQIB | 17.03 | 35.50 | — |
| All categories | 100.48 | 60.77 | — |
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount(₹ Cr) | Share(%) | Can be Allotted |
|---|---|---|---|
| Retailup to ₹2 lakh | 2,272.09 | 27.6 | 45,132 |
| sHNI₹2–10 lakh | 1,038.34 | 12.6 | 460 |
| bHNI₹10 lakh + | 3,531.82 | 42.9 | 189 |
| InstitutionalQIB | 1,396.71 | 16.9 | — |
| All categories | 8,238.96 | — | — |
Captured
Reported figures
| ₹ crore | FY 24 | FY 25 | FY 26 |
|---|---|---|---|
| Revenue | 755.26 | 1055.71 | 1266.82 |
| EBITDA | 49.17 | 74.09 | 86.09 |
| Profit after tax | 21.14 | 28.67 | 30.54 |
| Total assets | 350.21 | 458.21 | 571.47 |
What the money is for
- Repayment of borrowings68.2%
- Financing acquisition of leased equipment8.6%
- General corporate purposes23.1%
Priced against its peers
- This issue, P/E
- 10.33
- Sector P/E
- 114.91
- Jindal Stainless Ltd
- 23.05
- JSW Steel Ltd
- 39.88
- Tata Steel Ltd
- 35.36
These P/E figures are worked out by the same data service, at a share price it does not state — the company does not report them. A lower P/E than the sector is not a recommendation: it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures from the company’s filings, copied by a third-party data service — we have not read them from the prospectus ourselves. Check them against the prospectus in Documents: that filing is the authority.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum |
|---|---|---|
| Retailup to ₹2,00,000 | 1 lot₹14,924 | 13 lots₹1,94,012 |
| sHNIup to ₹10,00,000 | 14 lots₹2,08,936 | 67 lots₹9,99,908 |
| bHNIno upper limit | 68 lots₹10,14,832 | — |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue type
- Book built
- Issue size
- ₹183.06 Cr
- Face value
- ₹10
- Lot size
- 182 shares
- Listing on
- BSE · NSE
- Symbol
- BCSSL
- ISIN
- INE0XFY01011
- Daily window
- 10:00 – 17:00 IST · last day, over ₹2 lakh until 16:00
Timeline
- Opens
- 29 Oct
- Closes
- 2 Nov
- Basis of allotment
- 3 Nov
- Refunds
- 4 Nov
- Listing
- 5 Nov
Documents