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Listing
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Issue Size
[.] shares (agg. up to ₹191 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 451.71 | 458.21 | 350.21 | 270.73 |
| Total Income | 492.91 | 1,058.65 | 765.41 | 591.89 |
| Profit After Tax | 11.01 | 28.67 | 21.14 | 15.67 |
| EBITDA | 38.51 | 74.09 | 49.17 | 37.65 |
| NET Worth | 94.07 | 83.05 | 54.36 | 33.24 |
| Reserves and Surplus | 54.47 | 73.15 | 44.46 | 23.34 |
| Total Borrowing | 270.94 | 276.96 | 234.16 | 168.63 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajputana Stainless Ltd. | Mainboard | ₹254.98 Cr | ₹122 | 21.1 | ₹113.03 | -7.35% | ₹132.72 (-0.86%) |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.05 (+3.19%) |
| Anubhav Plast Ltd. | SME | ₹24.00 Cr | ₹80 | 10.67 | ₹76.00 | -5.00% | ₹51.15 (+0.29%) |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹53.85 (+2.28%) |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹23.00 (-0.86%) |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹28.00 (-2.06%) |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹114.65 (-1.38%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company | 120.00 |
| 2 | Financing the cost towards acquisition of capital equipment under existing lease arrangements with Siemens Financial Services Private Limited; and | 15.00 |
| 3 | General corporate purposes |
About Bombay Coated and Special Steels IPO
Bombay Coated & Special Steels is one of India’s leading steel processing centres. Its main business is converting steel coils into high-quality processed steel products like slit coils, blanks, and sheets. The company specializes in slitting, cut-to-length, shearing, and embossing. Its products are used by Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) across various industries, including home and commercial appliances (like air conditioners, refrigerators, washing machines, water heaters), and general engineering (such as automotive components, electrical parts, cleanrooms, and ventilation systems). The company has been an authorised service partner of JSW Steel Coated Products Limited since 2021, from whom it source steel coils. It also buy from other suppliers and process the material using modern machinery to meet customer specifications. The company has processing units in Wada, Bhiwandi, Ghiloth and Sricity, covering 42,209 sq. meters. Its Rajasthan unit is GEM 4-certified for green manufacturing. The company's current installed capacity for slitting, cut-to-length, shearing, and embossing stood at 350,411 MTPA. As of September 30, 2025, the
Contact Details
Bombay Coated & Special Steels Ltd. Address2602, Parinee I,7-A Shah Industrial Estate,Andheri (West),Mumbai, Maharashtra, 400053+91 22 4664 9193compliance@bcsspl.inVisit Website