Bombay Coated & Special Steels Limited was incorporated in December 2019 as a private limited company in Mumbai. In January 2021, it acquired the business of sole proprietorship firm M/s. Bombay Steels through a Business Transfer Agreement on a going-concern basis. The company was converted into a public limited company and adopted its current name effective February 14, 2025.
The company operates as a Steel Processing Centre (SPC), processing steel coils into engineered products that meet specific technical requirements. It acts as an intermediary between steel producers and end-users, providing value-added services such as precision slitting, cut-to-length processing, shearing and embossing, along with inventory holding and just-in-time delivery.
Its products serve the home and commercial appliances sector, including air conditioners, refrigerators, washing machines and water heaters. In the general engineering sector, the company processes non-coated steel coils and galvanised plain coils into blanks used in automobiles, pharmaceutical cleanrooms, electrical components and air ventilation systems.
The company is planning a fresh initial public offering of 15,000,000 equity shares, each having a face value of ₹10.
