Bombay Coated and Special Steels Ltd. makes a strong debut on the bourses with scrip got listed at Rs 92.02 on the Bombay Stock Exchange, a 12.21 per cent premium to its issue price of Rs 82.00. On the National Stock Exchange, the stock was listed at Rs 91.00.

The company, which raised 2.23 Cr from initial public offering, was subscribed 64.04 times, receiving bids for 14,297.20 lakhs shares against the total issue size of 223.24 lakhs shares.

The company, listed under T Group Securities post its IPO, opened for subscription from Oct 29 to Nov 02.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Smart Horizon Capital Advisors Pvt. Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 77,301.40, up 383.55 points, or 0.49 per cent.