Bombay Coated & Special Steels IPO allotment is expected to be finalised on 3 November 2026, with listing tentatively on 5 November on NSE and BSE. The ₹183.06 crore issue closed on 2 November, and the grey market premium was reported at ₹9 against the ₹82 upper band.
Bombay Coated & Special Steels IPO: key facts
- Price band: ₹78 to ₹82 per share
- Issue size: ₹183.06 crore; a fresh issue of 2,23,24,024 shares, with no offer for sale
- Open and close: 29 October to 2 November 2026
- Lot size: 182 shares (₹14,924 at the upper band)
- Anchor investors: six anchors were allotted 65,97,500 shares at ₹82
- Allotment: expected 3 November
- Refunds and demat credit: reported for 4 November
- Listing: tentatively 5 November on NSE and BSE
Subscription status
At 2:24 PM on 2 November, the issue was subscribed 32.4 times overall: QIB 12.3 times, NII 87.39 times and retail 20.58 times. Final figures may differ because these were interim snapshots. One social media update cited retail subscription of 17.77 times and an estimated allotment of one lot for about every 18 retail applicants (around 5.6%).
How to check allotment status
- Visit the website of the IPO registrar and select the Bombay Coated IPO.
- Enter your PAN, application number or demat account details.
- Or check on the BSE or NSE IPO allotment page using your application number and PAN.
- Check your bank account and demat account on the refund and credit dates.
GMP and what it means
The GMP was reported at ₹9 on 2 November, indicating a possible listing price near ₹91, or about 11% above the upper band, with a range of ₹7 to ₹9 over the past days. GMP is an unofficial figure and can change before listing; it is not a guarantee of any gain. Read our EAAA IPO allotment guide for a similar walkthrough.
Frequently asked questions
What is the Bombay Coated IPO allotment date?
The basis of allotment is expected on 3 November 2026.
What is the listing date?
5 November 2026, tentatively, on both NSE and BSE.
What is the price band and lot size?
₹78 to ₹82 per share, with a lot size of 182 shares.
Is allotment guaranteed?
No. In an oversubscribed issue, only some applicants receive shares.
This page is for information only and is not investment advice.
Questions to think about
- Should small investors apply to many IPOs, or choose a few after reading the prospectus?
- How useful is the GMP when the subscription numbers keep changing?
- What makes a steel company’s earnings more or less steady across the business cycle?
Sources: IPO tracking reports as of 2 November 2026 (Multibagg and other trackers). Dates are tentative; check NSE, BSE and the registrar for official details.
