- Summary
- Bonfiglioli Transmissions IPO is issuing 4,32,39,042 equity shares in a mainboard IPO opening from 15 October to 19 October 2026.
- The IPO has a price band of ₹558 to ₹586 per share and a lot size of 25 shares.
- The issue is a 100% OFS, so the company will not receive funds from the IPO. The proceeds will go to the selling shareholders.
The Bonfiglioli Transmissions IPO is a mainboard public issue scheduled to open on 15 October 2026 and close on 19 October 2026. The company is offering 4,32,39,042 equity shares through an Offer for Sale (OFS), with a price band of ₹558 to ₹586 per share and a lot size of 25 shares. The issue is expected to be worth approximately ₹2,534 crore, with shares proposed to be listed on the NSE and BSE.
Bonfiglioli Transmissions IPO Key Details
The table below presents the essential details investors should know before applying for the Bonfiglioli Transmissions IPO.
| IPO Open Date | 15 October 2026 |
| Close Date | 19 October 2026 |
| Face value | ₹10 per share |
| Price Band | ₹558 to ₹586 per share |
| IPO Lot Size | 25 shares |
| Fresh issue | _ |
| Offer for Sale | 4,32,39,042 shares |
| Type of issue | Mainboard |
| Listing at | BSE and NSE |
| Total Issue Size (₹ Crore) | ₹2,534 cr approx |
| Minimum Investment | 1 lot (25 shares) |
Bonfiglioli Transmissions IPO Timeline
Below is the complete schedule of events for the Bonfiglioli Transmissions IPO.
| Bid Opening | 15 October 2026 |
| Bid Closing | 19 October 2026 |
| Tentative Allotment | 21 October 2026 |
| Initiation of Refunds | 22 October 2026 |
| Credit of Shares to Demat | 22 October 2026 |
| Tentative Listing Date | 23 October 2026 |
| UPI mandate closing date | 19 October 2026 |
Key Performance Indicators of Bonfiglioli Transmissions IPO
These financial ratios highlight the company’s profitability, capital efficiency, and overall financial performance over the past three financial years.
| 30-06-2026 | 31-12-2025 | 31-12-2024 | |
| ROE (%) | 14.66 | 25.66 | 23.05 |
| ROCE (%) | 20.03 | 34.05 | 30.05 |
| Debt Equity (in times) | _ | _ | _ |
| RoNW (%) | 14.37 | 23.96 | 22.25 |
| PAT Margin (%) | 13.04 | 11.76 | 10.29 |
| EBITDA margin (%) | 19.78 | 18.41 | 15.91 |
| Price to book | 10.65 | 11.09 |
Bonfiglioli Transmissions IPO Financial Details
The Financial information of the Bonfiglioli Transmissions IPO is as follows.
| As of June 30, 2026 | As of December 31, 2025 | As of December 31, 2024 | |
| Revenue | 1,131.87 | 2,013.53 | 1,854.18 |
| Total Asset | 1,495.82 | 1,439.46 | 1,299.08 |
| Profit | 148.58 | 237.87 | 195.16 |
Bonfiglioli Transmissions IPO Subscription Status
The subscription data will be available once bidding begins.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Bonfiglioli Transmissions IPO Grey Market Premium (GMP)
The current status of the Grey Market Premium for the Bonfiglioli Transmissions IPO shows a GMP of ₹153 with an estimated listing price of ₹739.
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Gain | Last updated |
| 12-10-2026 | ₹586 | ₹153 | ₹739 | 26.11% | 12-10-2026, 14:02 |
| 11-10-2026 | ₹ | ₹175 | ₹175 | 0.00% | 11-10-2026, 23:37 |
| 10-10-2026 | ₹ | ₹135 | ₹135 | 0.00% | 10-10-2026, 23:37 |
GMP is the premium value of the IPO share in the unofficial market before it opens for subscription.
Bonfiglioli Transmissions IPO Reservation
The following table shows the distribution of shares reserved for retail investors, QIBs, and NIIs under the IPO.
| Investor Category | Offered No. of Shares |
| QIBs | Not more than 50% of the Net issue |
| NIIs | Not less than 15% of the Net issue |
| Retails | Not less than 35% of the Net issue |
| Total | 100% |
Bonfiglioli Transmissions IPO Lot Sizes
Refer to the minimum and maximum investment requirements for each investor category as per the prescribed lot size.
| Application | Lot | Shares | Amount |
| Retail (Min) | 1 | 25 | ₹14,650 |
| Retail (Max) | 13 | 325 | ₹1,90,450 |
| sHNI (Min) | 14 | 350 | ₹2,05,100 |
| sHNI (Max) | 68 | 1,700 | ₹9,96,200 |
| bHNI (Min) | 69 | 1,725 | ₹10,10,850 |
Bonfiglioli Transmissions IPO Prospectus
Investors can access the offered prospectus for the Bonfiglioli Transmissions IPO mentioned below.
About Bonfiglioli Transmissions Ltd.
Bonfiglioli Transmissions Limited is an Indian manufacturer of mechanical and electro-mechanical power transmission systems and industrial drive solutions. The company operates as part of the Bonfiglioli Group, an international engineering group headquartered in Italy. It manufactures precision-engineered gearboxes, gear motors, and drive systems used by original equipment manufacturers (OEMs) across several industries.
The company’s business is organised into three main verticals: Industry and Automation Solutions, Off-Highway Mobility and Wind Industries. Its products support applications in industrial machinery, mobile equipment and wind turbines. The company also benefits from the Bonfiglioli Group’s brand, engineering expertise and research and development capabilities. Its manufacturing and service operations in India support customers across different industrial sectors.
Promoters:
- Sonia Bonfiglioli
- Luciano Bonfiglioli
- Luisa Lusardi
- Bon-Fi S.R.L.
- Bonfiglioli S.P.A.
| Book Runner | Axis Capital Ltd. BNP Paribas ICICI Securities Ltd. Jefferies India Pvt. Ltd. |
| Issue Registrar | MUFG Intime India Pvt. Ltd. |
Objectives of Bonfiglioli Transmissions IPO
The Bonfiglioli Transmissions IPO is a 100% Offer for Sale (OFS), so the company will not receive any funding and the entire IPO proceeds will go to the selling shareholders.
Bonfiglioli Transmissions Ltd.- Strengths and benefits
- Presence across multiple industries: The company serves three major business segments: Industry and Automation Solutions, Off-Highway Mobility and Wind Industries. This gives it access to customers across various industrial applications rather than relying entirely on a single end-use sector.
- Diverse portfolio: The company manufactures different types of precision-engineered gearboxes, gear motors and drive systems. This range allows it to address varying customer requirements across industrial automation, off-highway equipment and wind applications.
- Well-established brand: Bonfiglioli Transmissions benefits from its association with the Bonfiglioli Group, which has an established international presence in power transmission and drive solutions. Access to the group’s engineering knowledge and research and development capabilities can support product development and technical competitiveness.
Bonfiglioli Transmissions Ltd- Risks and limitations
- Industrial demand concentration: The company’s products serve industries such as automation, construction and other off-highway applications, as well as wind energy. A slowdown in capital expenditure, manufacturing activity or investment in these sectors could affect demand for its products and influence revenue and profitability.
- Dependence on parent group and related party: The company’s relationship with the Bonfiglioli Group provides access to its brand and technical capabilities. At the same time, investors should examine transactions with group entities, including royalty payments and other related-party dealings.
- Top supplier dependence: It depends on a limited number of suppliers for raw materials and components. Its top 10 suppliers accounted for 41.20% in 2025, 45.62% in 2024, and 47.52% in 2023.
Bonfiglioli Transmissions IPO Review
The Bonfiglioli Transmissions IPO is a mainboard IPO including an Offer for Sale (OFS) of 4,32,39,042 equity shares, with no fresh shares. The IPO is scheduled to open on 15 October 2026 and close on 19 October 2026. It has a price band of ₹558 to ₹586 per share, with a lot size of 25 shares. The total issue size is approximately ₹2,534 crore, and the shares are proposed to be listed on the NSE and BSE. The tentative allotment date is 21 October 2026, and the tentative listing date is 23 October 2026.
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Bonfiglioli Transmissions IPO FAQs
The Bonfiglioli Transmissions IPO is a mainboard public issue comprising an Offer for Sale of 4,32,39,042 equity shares, according to the supplied IPO draft. The issue has a price band of ₹558 to ₹586 per share and is proposed to be listed on the NSE and BSE.
Investors can apply through a supported broker or bank using the ASBA facility or UPI-based application process, subject to eligibility and platform availability.
The IPO has potential positives, including the company’s established brand, diverse industrial applications and engineering capabilities. However, risks include dependence on industrial demand, supplier and customer concentration, related-party transactions and valuation uncertainty. Since the issue is entirely an OFS, the company will not receive fresh capital. Investors should review the RHP and valuation before making a decision.
The Bonfiglioli Transmissions IPO is scheduled to open on 15 October 2026 and close on 19 October 2026, according to the supplied IPO draft.
The stated lot size is 25 shares. At the upper price band of ₹586 per share, the minimum application amount is ₹14,650, excluding any applicable charges.
The tentative allotment date for the Bonfiglioli Transmissions IPO is 21 October 2026.
The tentative listing date is 23 October 2026 on the NSE and BSE.
