Bombay Coated & Special Steels IPO allotment: How to check live status on BSE, NSE and Kfin Tech?

1 hour ago 1

Bombay Coated IPO allotment in focus after robust subscription demand

Bombay Coated & Special Steels IPO Allotment Today: The issue of Bombay Coated & Special Steels will enter the allotment phase in today’s trading session after the IPO received a subscription of 63.89 times.

Bombay Coated & Special Steels IPO is a book-built issue of Rs 183.06 crore. The issue is entirely a fresh issue of 2.23 crore shares.

Bombay Coated & Special Steels IPO Allotment Status

Smart Horizon Capital Advisors is working as the book-running lead manager for the issue, while Kfin Tech is the registrar to the issue. Bombay Coated & Special Steels shares are expected to be listed on the NSE and BSE on November 05.

Following the successful completion of the three-day subscription window, the IPO has now entered the allotment phase, during which shares will be allotted to successful applicants.

Check Bombay Coated & Special Steels IPO Allotment Status on NSE

Step 1: Visit the NSE IPO bid verification link.

Step 2: Select "Equity & SME IPO Bid Details".

Step 3: Choose Bombay Coated & Special Steels from the available options.

Step 4: Enter your PAN and application number, then click "Submit" to view the allotment status.

Check Bombay Coated & Special Steels IPO Allotment Status on BSE

Step 1: Visit the BSE IPO allotment link.

Step 2: Select "Equity" under the issue type.

Step 3: Choose Bombay Coated & Special Steels from the dropdown menu.

Step 4: Enter your application number or PAN details.

Step 5: Complete the CAPTCHA and click "Search" to view the Bombay Coated & Special Steels IPO allotment status.

Step 1: Visit the KFin Technologies portal.

Step 2: Select Bombay Coated & Special Steels from the dropdown menu.

Step 3: Choose the PAN, Application Number or DP ID option.

Step 4: Enter the required details.

Step 5: Click "Submit" to check the Bombay Coated & Special Steels IPO allotment status.

Bombay Coated & Special Steels IPO Subscription Status

The subscription for the IPO was mainly led by interest from Non-Institutional Investors (NIIs), followed by Qualified Institutional Buyers (QIBs). Here’s the breakdown of the IPO subscription:

Bombay Coated & Special Steels IPO GMP

Additionally, ahead of the IPO allotment, the grey market premium (GMP) for the IPO stood at Rs 8, reflecting an unlisted premium of 9.76 per cent. Based on the current unlisted premium, the shares are expected to list at Rs 90, against the issue price of Rs 82.

Read Entire Article