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Bombay Coated and Special Steels refiles IPO with higher issue size
Bombay Coated and Special Steels has refiled IPO papers, raising the issue size to ₹191 crore to fund expansion and balance sheet strengthening.
Bombay Coated and Special Steels has refiled its IPO papers with SEBI, increasing the issue size to ₹191 crore. The public offer comprises a fresh issue and offer for sale, with proceeds earmarked for capacity expansion, debt repayment, and working capital needs. The company supplies specialty steel to automotive and engineering clients and aims to strengthen its balance sheet ahead of listing in domestic markets.