Bombay Coated and Special Steels IPO GMP Today – Live Grey Market Premium
As of 23 Oct 2026, 4:12 PM IST, Bombay Coated and Special Steels IPO GMP is ₹0, meaning no premium over the ₹82 upper price band. Kostak: not available. Subject to Sauda: not available.
Bombay Coated and Special Steels IPO is scheduled to open for subscription on October 29, 2026. The public issue aims to raise around ₹183.06 Cr. and is offered in a price band of ₹78 to ₹82 per share, with a market lot of 182 shares. The day-wise GMP trend is below.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 23 Oct, 4:12 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 23 Oct 2026 | ₹ 0 | — | 0% | — | — |
Bombay Coated and Special Steels IPO dates
Key dates from opening to listing. Today is 23 October.
- Open 29 Oct 2026
- Close 02 Nov 2026
- Allotment 03 Nov 2026
- Refund/credit 04 Nov 2026
- Listing 05 Nov 2026
Bombay Coated and Special Steels IPO expected listing price
Upper price band plus today's grey market premium.
| Issue price (upper band) | ₹82 |
|---|---|
| Current GMP | ₹ 0 |
| Listing date | 05 Nov, 2026 |
| GMP-based listing estimate | Not yet available |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is Bombay Coated and Special Steels IPO GMP reliable?
Grey market premium for Bombay Coated and Special Steels IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Bombay Coated and Special Steels IPO full review for a fundamentals-based assessment before making any grey market trades.
Bombay Coated and Special Steels IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Bombay Coated and Special Steels IPO is not available. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price is not available. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Bombay Coated and Special Steels IPO
Bombay Coated and Special Steels Limited is a steel processing centre. It buys steel coils from primary steel producers and converts them into value-added products. The main processes are slitting, cut-to-length, shearing and embossing. The outputs are slit coils, embossed slit coils, blanks and sheets, which the company calls Processed Steel Products. It sits between the steel mill and the end user.
The company sells to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). In FY2025, ODMs gave 60.56% of revenue from operations and OEMs gave 39.42%. The Home and Commercial Appliances sector bought 81.80% of product sales in FY2025. Named customers include Amber Enterprises India Limited, Western Refrigeration Private Limited, Haier Appliances India Private Limited, PG Technoplast Private Limited, EPack Durable Limited and Dixon Electro Manufacturing Private Limited. The company served 252 customers in FY2025.
It runs four manufacturing facilities. Wada (Palghar district) and Bhiwandi (Thane district) are in Maharashtra, Ghiloth is in Rajasthan and Sri City is in Andhra Pradesh. The Sri City plant began operations in April 2023 and the embossing line began on 1 April 2023. In FY2025 the Ghiloth plant gave 46.34% of revenue and Wada gave 39.50%. Installed slitting capacity was 1,87,020 MT in FY2025, against 1,44,120 MT in FY2023.
Steel coils are the main raw material. JSW Steel Coated Products Limited supplied about 90.61% of the company's steel coil requirement in FY2025. The company had 153 full-time employees, 4 retainership employees and 350 contract labourers as of 30 September 2025.
The company was converted into a public limited company in January 2025 and carries its present name from February 2025. It is promoted by Vijaykumar Himatrai Gupta, Nitin Vijaykumar Gupta and Bhawna Nitin Gupta. Its registered and corporate office is in Andheri (West), Mumbai. The offer is a fresh issue of up to Rs 191.00 crore, and there is no offer for sale.
Frequently asked
What is the GMP of Bombay Coated and Special Steels IPO?
The current Grey Market Premium (GMP) of Bombay Coated and Special Steels IPO is not yet started or active in the market.
What is the Kostak Price of Bombay Coated and Special Steels IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Bombay Coated and Special Steels IPO is not available.
What is the Subject to Sauda Price of Bombay Coated and Special Steels IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What is the expected listing price of Bombay Coated and Special Steels IPO based on GMP?
The listing price estimate is not yet available as GMP has not been established for Bombay Coated and Special Steels IPO. Check back closer to the subscription date.
Is the GMP of Bombay Coated and Special Steels IPO increasing or decreasing?
The GMP of Bombay Coated and Special Steels IPO is currently stable. Track the day-wise GMP table above for the latest movement.
Explore Bombay Coated and Special Steels IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
Price band, lot size, financials, objects of the issue and promoters.
Category-wise demand from QIB, NII and retail investors, updated through the day.
Before the book opens, see what analysts make of it.
Check with your PAN whether shares were credited to your demat account.
GMP is a mood, not a forecast.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
