Rotomag Enertec Ltd. — a Gujarat-based engineering and renewable energy products company — has taken a major step toward going public by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO).

Bombay Coated and Special Steels IPO: What Investors Should Know

Bombay Coated & Special Steels Ltd., a Mumbai-based steel processing company, has taken steps toward a public market debut by filing its Draft Red Herring Prospectus (DRHP) with India’s market regulator, SEBI, to launch an Initial Public Offering (IPO).

About the Company

Bombay Coated & Special Steels operates as a steel processing centre, converting raw steel coils into finished and semi-finished products such as slit coils, sheets, and blanks, which are used extensively by home appliance manufacturers, automotive parts makers, electrical equipment producers, and general engineering firms.
The firm has multiple manufacturing facilities across India with a combined installed capacity of around 350,000+ tonnes per year.