Mumbai, Oct. 29 -- Bombay Coated & Special Steels received bids for 4,41,95,060 shares as against 1,65,33,012 shares on offer, according to stock exchange data at 15:30 IST on 29 October 2026. The issue was subscribed 2.67 times.

The issue opened for bidding on 27 October 2026 and will close on 29 October 2026. The price band of the IPO is fixed between Rs 78 and 82 per share. An investor can bid for a minimum of 182 equity shares and multiples thereof.

The IPO comprises only fresh issue of equity shares of Rs 10 face value, aggregating Rs 183 crore.

Of the net proceeds from the fresh issue, an amount of Rs 125 crore will be utilized for repayment/pre-payment, in full or in part, of certain borrowings, Rs 15.7 crore for financing the c...