Advisory

Choose your Partner

Both partners offer free account opening and dedicated support.

Angel One

Best for active traders

₹ 0 Account Opening Open Account →

Motilal Oswal

Best for long-term wealth

₹ 0 Account Opening Open Account →

IPO Open

Thu, Oct 15, 2026

IPO Close

Mon, Oct 19, 2026

Price Band

₹558 to ₹586

Market Cap*

₹11,016.56 Cr * on Upper Price

IPO Details

  • IPO Date
    15 to 19 Oct, 2026
  • Listing Date
    Fri, Oct 23, 2026(T)
  • Face Value
    ₹10 per share
  • Price Band
    ₹558 to ₹586
  • Lot Size
    25 Shares
  • Sale Type
    OFS only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Employee Discount
    ₹29.00
  • Total Issue Size
    4,32,39,042 shares (agg. up to ₹2,534 Cr)
  • Offer for Sale
    4,32,39,042 shares of ₹10 (agg. up to ₹2,534 Cr)
  • Share Holding Pre Issue
    18,79,95,834 shares
  • Share Holding Post Issue
    18,79,95,834 shares

IPO Timetable (Tentative)

  • IPO Open
    Thu, Oct 15, 2026
  • Allotment
    Wed, Oct 21, 2026
  • Credit of Shares
    Thu, Oct 22, 2026
  • IPO Close
    Mon, Oct 19, 2026
  • Refund
    Thu, Oct 22, 2026
  • Listing
    Fri, Oct 23, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Offer
Retail Not less than 35% of the Offer
NII Not less than 15% of the Offer

IPO Lot Size

Investors can bid for a minimum of 25 shares and in multiples thereof.

Application Lots Shares Amount
Retail (Min) 1 25 ₹14,650
Retail (Max) 13 325 ₹1,90,450
S-HNI (Min) 14 350 ₹2,05,100
S-HNI (Max) 68 1700 ₹9,96,200
B-HNI (Min) 69 1725 ₹10,10,850

Investor Category Reservations

Category Limit Cut-off
RII Up to ₹2 Lakhs Yes
sNII ₹2 Lakhs – ₹10 Lakhs No
bNII Above ₹10 Lakhs No
Employee (EMP) Up to ₹5 Lakhs Yes
Employee + RII/NII Up to ₹5Lakhs (EMP) + RII/NII limits Yes (EMP/RII)

About Bonfiglioli Transmissions Ltd.

Bonfiglioli Transmissions Ltd is one of India’s leading technology-driven companies providing mechanical and electro-mechanical power transmission and industrial drive solutions. The company designs and manufactures high-precision, mission-critical gearboxes and drive systems that are used across a wide range of industries.

Product Portfolio: Its product portfolio includes low, medium and heavy duty gear motors and gearboxes in torque capacities ranging from 13 Nm to 1,400 kNm Helical, bevel, planetary and worm gearboxes and gear motors, electric motors; variable frequency drives, servo motors and drives, and precision drives for robotics & automation solutions.

The business serves three main market segments based on end-use applications, including Industry and Automation Solutions, Off-Highway Mobility, and Wind Industry. In the Industry and Automation Solutions segment, it is among the largest manufacturers of gearboxes and drives in India, serving both original equipment manufacturers (OEMs) and end-users.

In India, it operates three manufacturing facilities—two in Tamil Nadu (Thirumudivakkam and Mannur) and one in Maharashtra (Talegaon). Together, these facilities produced over 341,133 gear motors and gearboxes in Fiscal 2025. As of June 30, 2026, we had 215 suppliers in India and 70 suppliers outside India.

The company also offers strong after-sales support through two dedicated channels. This includes a team of in-house service engineers based at our 13 sales offices across India, with three offices located at the manufacturing sites in Thirumudivakkam, Mannur, and Talegaon.

As of June 30, 2026, the company had 71 touchpoints for customer sales and service across India, including three manufacturing facilities, 13 sales offices, 13 authorized third-party service facilities and 44 authorized dealers with 54 outlets. As of June 30, 2026 the company a network of 285 suppliers of which 215 were located in India and 70 were located overseas including in Italy, China, USA and Germany.

As of June 30, 2026, the company had 1,032 personnel involved in various aspects of our operations, which includes onroll employees and contract workers.

Competitive Strengths:

  • End-to-end technology-led power transmissions and industrial drive solutions provider across business verticals.
  • Highly diversified offerings across business verticals and customer industries.
  • Established parentage and trusted brand backed by global and local R&D capabilities.
  • Deep relationships with marquee customers.
  • State-of-the-art manufacturing infrastructure.
  • Experienced management team delivering strong financial performance

Company Financials (Restated)

Period Ended 30 Jun 2026 31 Dec 2025 30 Jun 2025 31 Dec 2024 31 Dec 2023
Assets 1,495.82 1,439.46 1,387.94 1,299.08 1,414.72
Total Income 1,139.17 2,023.59 966.50 1,861.16 1,701.80
Profit After Tax 148.58 237.87 114.97 195.16 148.49
EBITDA 223.87 370.77 176.43 295.07 243.89
NET Worth 1,034.27 992.99 875.45 860.95 801.36
Reserves and Surplus 846.27 867.66 750.12 735.62 670.24
Total Borrowing 110.79
Amount in ₹ Crore

Recently Listed IPOs in Industrial Products

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Tempsens Instruments (India) Ltd. Mainboard ₹650.00 Cr ₹300 34.05 ₹586.65 +95.55% ₹576.40
MV Electrosystems Ltd. Mainboard ₹290.00 Cr ₹425 -68.88 ₹624.00 +46.82% ₹888.60
Indo-MIM Ltd. Mainboard ₹3,812.11 Cr ₹485 44.01 ₹741.75 +52.94% ₹1,272.60

IPO Objects of the Issue

The Bonfiglioli Transmissions Ltd. 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.

Key Performance Indicator (KPI)

KPI Dec 31, 2025 Jun 30, 2026
ROE 13.24% 14.66%
ROCE 18.62% 20.03%
RoNW 23.96% 14.37%
PAT Margin 11.90% 13.04%
EBITDA Margin 18.37% 19.78%
NAV 52.82 55.02
P/B (x) 11.09 10.65

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 12.65
P/E (x) 46.32
Market Cap at Offer Price ₹11,016.56 Cr. ₹11,016.56 Cr

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 100% 77%
Public 23.00%
Total 100% 100%

Company Promoters: Sonia Bonfiglioli, Luciano Bonfiglioli, Luisa Lusardi, Bon-FI S.R.L and Bonfiglioli S.P.A.

Offer For Sale – Selling Shareholder

Name Category No. of Shares Offered Amount (₹ cr.)
Bonfiglioli SPA Promoter 4,32,39,042 2,533.81
Total 4,32,39,042 2,533.81

Bonfiglioli Transmissions IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Registrar

MUFG Intime India Pvt.Ltd.

  • 022-49186000
  • bonfigliolitransmissions.ipo@in.mpms.mufg.com
  • Visit Website

IPO Lead Manager(s)

  1. Axis Capital Ltd.
  2. BNP Paribas
  3. ICICI Securities Ltd.
  4. Jefferies India Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Bonfiglioli Transmissions Ltd. Address
Plot No.AC7-AC11,
SIDCO Industrial Estate,
Thirumudivakkam
Kancheepuram, Tamil Nadu, 600132

IPO FAQs

Bonfiglioli Transmissions IPO is a main-board IPO of 4,32,39,042 equity shares of the face value of ₹10 aggregating up to ₹2,534 Crores. The issue is priced at ₹558 to ₹586. The minimum order quantity is 25.

The IPO opens on Thu, Oct 15, 2026, and closes on Mon, Oct 19, 2026.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Bonfiglioli Transmissions IPO using UPI as a payment gateway. Angel One customers can apply in Bonfiglioli Transmissions IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Bonfiglioli Transmissions IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Bonfiglioli Transmissions IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Bonfiglioli Transmissions IPO opens on Thu, Oct 15, 2026 and closes on Mon, Oct 19, 2026.

Bonfiglioli Transmissions IPO lot size is 25, and the minimum amount required for application is ₹14,650.

You can apply in Bonfiglioli Transmissions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Bonfiglioli Transmissions IPO will be done on Wednesday, October 21, 2026, and the allotted shares will be credited to your demat account by Thu, Oct 22, 2026. Check the Bonfiglioli Transmissions IPO allotment status.

The Bonfiglioli Transmissions IPO listing date is not yet announced. The tentative date of listing is Fri, Oct 23, 2026.

Stock Broker Reviews India

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.