The Bonfiglioli Transmissions IPO opened for subscription on 15-October-2026. It will close on 19-October-2026. The Total IPO Size is ₹2,533.66 Crores. The company has fixed the IPO Price Band at ₹558 to ₹586 per share.
The Bonfiglioli Transmissions IPO is entirely an Offer for Sale (OFS) of up to 4,32,39,042 Equity Shares by the existing promoter, Bonfiglioli S.p.A. There is no fresh issue in this IPO. The IPO is a Book Built Issue and the shares will be listed on the NSE and BSE.
There are three basic categories in Bonfiglioli Transmissions IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail Individual Investors.
Bonfiglioli Transmissions Limited is an engineering company engaged in the design, manufacture and supply of gearboxes, geared motors, planetary gearboxes, drive systems and other power transmission solutions. The company serves industries including wind energy, construction machinery, mobile equipment, industrial automation, material handling and other industrial applications.
Bonfiglioli Transmissions is part of the global Bonfiglioli Group, an Italian engineering group specialising in power transmission and motion solutions. The company operates manufacturing facilities and serves customers across several industrial sectors.
Bonfiglioli Transmissions IPO Promoters
The promoters of the company are Sonia Bonfiglioli, Luciano Bonfiglioli, Luisa Lusardi, Bon-FI S.R.L. and Bonfiglioli S.P.A. The promoter group holds 100% of the company before the IPO. After the IPO, the promoter holding is expected to reduce as a result of the OFS.
Bonfiglioli Transmissions IPO Date, Details & Price Band
The Bonfiglioli Transmissions IPO Price Band, IPO Dates, Market Lot and other details are mentioned in the table below.
| IPO Opening Date | 15-October-2026 |
| IPO Closing Date | 19-October-2026 |
| Price Band | ₹558 – ₹586 per share |
| Fresh Issue | NIL |
| Offer for Sale | ₹2,533.66 Cr |
| Total IPO Size | ₹2,533.66 Cr |
| Shares Offered | 4,32,39,042 Equity Shares |
| Face Value | ₹10 per share |
| Issue Type | Book Built Issue |
| IPO Type | 100% Offer for Sale |
| Listing On | NSE, BSE |
| Employee Discount | ₹29 per share |
| Registrar | MUFG Intime India Private Limited |
The IPO consists entirely of an Offer for Sale. Therefore, the proceeds from the OFS will go to the selling shareholder rather than being received by Bonfiglioli Transmissions Limited.
Bonfiglioli Transmissions IPO Market Lot
The Bonfiglioli Transmissions IPO minimum market lot is 25 shares. At the upper price band of ₹586 per share, the minimum retail application amount is ₹14,650.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 25 | ₹14,650 |
| Retail Maximum | 13 | 325 | ₹1,90,450 |
| S-HNI Minimum | 14 | 350 | ₹2,05,100 |
| S-HNI Maximum | 68 | 1,700 | ₹9,96,200 |
| B-HNI Minimum | 69 | 1,725 | ₹10,10,850 |
Bonfiglioli Transmissions IPO Reservation
| Investor Category | Shares Offered | Percentage |
| Anchor Investors | 1,29,56,713 | 29.97% |
| Qualified Institutional Buyers | 86,37,808 | 19.98% |
| Non-Institutional Investors | 64,78,356 | 14.98% |
| Retail Individual Investors | 1,51,16,165 | 34.96% |
| Employee Reserved | 50,000 | 0.12% |
| Total | 4,32,39,042 | 100% |
The retail portion represents approximately 35% of the offered shares, while the QIB portion is approximately 20% excluding the anchor allocation. An employee reservation of 50,000 shares is also included.
Bonfiglioli Transmissions IPO Business Overview
Bonfiglioli Transmissions Limited is engaged in the manufacture and supply of power transmission and motion-control solutions. Its product portfolio includes gearboxes, geared motors, planetary gearboxes and drive systems.
The company’s products are used across several industries, including wind energy, construction equipment, mobile machinery, industrial automation, material handling and other industrial applications.
The company benefits from its association with the global Bonfiglioli Group, which provides access to global technology, engineering capabilities and international customer relationships.
Bonfiglioli Transmissions IPO Financial Performance
The company’s financial performance has shown growth over the reported periods. FY2025 revenue stood at approximately ₹2,013.53 Crores, while Profit After Tax was approximately ₹237.87 Crores.
| Total Revenue | EBITDA | Profit After Tax | |
| FY2025 | ₹2,013.53 Cr | ₹380.83 Cr | ₹237.87 Cr |
| FY2024 | ₹1,854.18 Cr | ₹302.05 Cr | ₹195.16 Cr |
| FY2023 | ₹1,687.33 Cr | ₹258.36 Cr | ₹148.49 Cr |
Bonfiglioli Transmissions IPO Latest Financial Performance
For the six-month period ended 30-June-2026, Bonfiglioli Transmissions reported revenue of approximately ₹1,131.87 Crores, EBITDA of approximately ₹231.17 Crores and Profit After Tax of approximately ₹148.58 Crores.
| Revenue | EBITDA | Profit After Tax | |
| 30-Jun-2026 | ₹1,131.87 Cr | ₹231.17 Cr | ₹148.58 Cr |
| 30-Jun-2025 | ₹960.36 Cr | ₹182.57 Cr | ₹114.97 Cr |
The six-month FY2026 figures show improvement compared with the corresponding period of the previous year, with revenue increasing from ₹960.36 Crores to ₹1,131.87 Crores and PAT increasing from ₹114.97 Crores to ₹148.58 Crores.
Bonfiglioli Transmissions IPO Strengths
- Strong industrial presence: The company operates in the power transmission and motion-control industry with applications across multiple industrial sectors.
- Global Bonfiglioli Group association: The company benefits from the technology, engineering expertise and global presence of the Bonfiglioli Group.
- Diversified end-use industries: Its products are used in wind energy, construction, mobile machinery, industrial automation and material handling.
- Improving financial performance: Revenue and profit increased during the six months ended June 2026 compared with the corresponding period of the previous year.
- Strong profitability: The company reported FY2025 EBITDA of approximately ₹380.83 Crores and PAT of approximately ₹237.87 Crores.
- Debt position: The company had no reported total borrowings in the financial periods shown in the IPO data.
Bonfiglioli Transmissions IPO Risks
- Entirely an OFS: The company will not receive proceeds from the Offer for Sale, as the shares are being sold by the existing promoter.
- Promoter concentration: The promoter group has complete ownership before the IPO, resulting in significant promoter influence after listing.
- Industrial cyclicality: Demand for power transmission products can be affected by industrial investment cycles and capital expenditure trends.
- Customer concentration: Dependence on major customers and specific industries may affect revenue if demand from those sectors weakens.
- Raw material risk: Changes in the prices of steel and other key raw materials can affect manufacturing margins.
- Foreign currency exposure: International operations and transactions may expose the company to foreign exchange fluctuations.
- Competition: The company operates in a competitive global power transmission and industrial equipment market.
- Valuation risk: Investors should evaluate the IPO valuation against earnings, peers and future growth prospects rather than relying only on the grey market premium.
Bonfiglioli Transmissions IPO GMP & Grey Market Premium
The Bonfiglioli Transmissions IPO GMP (Grey Market Premium) represents the premium at which IPO shares are reportedly being traded in the unofficial grey market before listing.
As of 15-October-2026, the latest reported GMP was around ₹162 per share. Against the upper IPO price of ₹586, this indicates an indicative listing price of approximately ₹748 per share, representing an unofficial premium of around 27.65%.
Other market sources reported GMP levels in the range of approximately ₹162–₹181 during the day. GMP can change rapidly and is an unofficial indicator; it should not be treated as a guaranteed listing price or listing gain.
At a GMP of ₹162, the indicative gain for one retail lot of 25 shares would be approximately ₹4,050.
Check the latest Bonfiglioli Transmissions IPO GMP, Kostak Rates and Subject to Sauda Price here.
Bonfiglioli Transmissions IPO Subscription Status
The Bonfiglioli Transmissions IPO opened for subscription on 15-October-2026 and will close on 19-October-2026.
As of the latest available subscription update on 15-October-2026, the IPO had received mixed demand across investor categories.
| Investor Category | Subscription |
| QIB | 0.07x |
| NII | 0.62x |
| Retail | 0.48x |
| Employee | 1.18x |
| Total | 0.39x |
Subscription figures are live-market data and can change throughout the IPO bidding period. The above figures represent a latest available snapshot and should be refreshed on the page as exchange data changes.
Bonfiglioli Transmissions IPO Prospectus
The Bonfiglioli Transmissions IPO Draft Red Herring Prospectus was filed with SEBI. The company’s registered and corporate office is located at Plot No. AC7-AC11, SIDCO Industrial Estate, Thirumudivakkam, Kancheepuram, Tamil Nadu – 600132.
Please click here to Download the Bonfiglioli Transmissions IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investors List | Download |
Bonfiglioli Transmissions IPO Allotment Date & Details
| IPO Opening Date | 15-October-2026 |
| IPO Closing Date | 19-October-2026 |
| Allotment Date | 21-October-2026 |
| Initiation of Refunds | 22-October-2026 |
| Transfer of Shares to Demat Accounts | 22-October-2026 |
| Listing Date | 23-October-2026 |
| Check Allotment Status | Click here |
The current IPO timetable indicates allotment on 21-October-2026, refund and demat credit on 22-October-2026, and listing on 23-October-2026.
Bonfiglioli Transmissions IPO Registrar
MUFG Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West),
Mumbai – 400083,
Maharashtra, India
Tel: +91-22-4918 6270
Website: www.in.mpms.mufg.com
Registrar: MUFG Intime India Private Limited
Bonfiglioli Transmissions IPO Contact Address
Bonfiglioli Transmissions Limited
Registered & Corporate Office:
Plot No. AC7-AC11,
SIDCO Industrial Estate,
Thirumudivakkam,
Kancheepuram – 600132,
Tamil Nadu, India
Contact Person: Sunil Kumar, Company Secretary and Compliance Officer
Phone: +91 63858 63934
Email: btl.secretarial@bonfiglioli.com
Website: www.bonfiglioli.in
Bonfiglioli Transmissions IPO Lead Managers
ICICI Securities Limited