BONFIGLIOLI TRANSMISSIONS IPO
BONFIGLIOLI TRANSMISSIONS is a MAINBOARD IPO with a current status of UPCOMING. The price band is 558 - 586. The issue opens on 15 OCT and closes on 19 OCT. The listing date is 23 OCT.
Price Band
558 - 586
Unofficial GMP
₹181
Lot Size
25 shares
Minimum Investment
₹14,650
BONFIGLIOLI TRANSMISSIONS IPO GMP
The latest available GMP is ₹181. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹767.00
Estimated Gain
+30.9%
BONFIGLIOLI TRANSMISSIONS IPO GMP History
155
12 OCT
175
13 OCT
181
14 OCT
BONFIGLIOLI TRANSMISSIONS IPO Details
- IPO Type
- MAINBOARD
- Status
- UPCOMING
- Price Band
- 558 - 586
- Issue Size
- ₹2533.66 Cr
- Issue Type
- Book Build Issue
- Offer for Sale
- ₹2533.66 Cr
- Face Value
- 10
- Lot Size
- 25
- Minimum Investment
- 14,650
- Exchange
- BSE , NSE
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead Managers
- ICICI Securities Ltd.
BONFIGLIOLI TRANSMISSIONS IPO Dates
- Open Date
- 15 OCT
- Close Date
- 19 OCT
- Allotment Date
- 21 OCT
- Refund Date
- 22 OCT
- Demat Credit Date
- 22 OCT
- Listing Date
- 23 OCT
BONFIGLIOLI TRANSMISSIONS IPO Subscription
- QIB
- --
- NII / HNI
- --
- Retail
- --
- Employee
- --
- Total Subscription
- --
BONFIGLIOLI TRANSMISSIONS IPO Financials
Revenue
FY2026
₹2,014.00 Cr
+8.63% vs FY2025
PAT
FY2026
₹238.00 Cr
+22.05% vs FY2025
Total Assets
FY2026
₹1,439.00 Cr
+10.78% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 1,687 | 1,854 | 2,014 |
| Net Profit | 158 | 195 | 238 |
| Total Assets | 1,415 | 1,299 | 1,439 |
BONFIGLIOLI TRANSMISSIONS IPO Valuation
- Market Cap (Post IPO)
- ₹11016.56 Cr.
- EPS
- 11.09
- ROE
- 25.66%
- ROCE
- 18.62%
- RONW
- 23.96%
- PAT Margin
- 11.90%
- EBITDA Margin
- 18.37%
BONFIGLIOLI TRANSMISSIONS Peer Comparison
| Peer | Revenue | PAT | EPS | P/E | ROE | RONW | Debt / Equity |
|---|---|---|---|---|---|---|---|
| ELECON ENGINEERING | 2,366.05 | 341.15 | 15.20 | 31.63x | -- | 14.81% | -- |
| SHANTHI GEARS | 518.72 | 76.66 | 9.99 | 63.39x | -- | 17.42% | -- |
| SCHAEFFLER INDIA | 9,685.85 | 1,150.35 | 73.60 | 53.74x | -- | 19.02% | -- |
BONFIGLIOLI TRANSMISSIONS IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 1 | 25 | ₹14,650 |
| Retail Maximum | 13 | 325 | ₹1,90,450 |
| Small HNI | 14 | 350 | ₹2,05,100 |
| Big HNI | 69 | 1,725 | ₹10,10,850 |
BONFIGLIOLI TRANSMISSIONS IPO Reservation
- QIB
- 50%
- NII / HNI
- 15%
- Retail
- 35%
BONFIGLIOLI TRANSMISSIONS Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 100%
- Post-IPO Promoter Holding
- 77.00%
BONFIGLIOLI TRANSMISSIONS Company Overview
1. **Company Background:** Bonfiglioli Transmissions Limited is an Indian manufacturer of mechanical and electro-mechanical power-transmission products and industrial drive systems. 2. **Incorporation:** The company was incorporated in 1998 as Bonfiglioli Deepak Private Limited and subsequently renamed Bonfiglioli Transmissions Private Limited. It became a public limited company in September 2025. 3. **Parent Group:** The company is associated with Bonfiglioli S.p.A., an Italian group with an established international presence in power-transmission technology. 4. **Core Products:** Its portfolio includes gearboxes, gear motors, electric motors, variable-frequency drives, servo motors, precision drives and specialised transmission systems. 5. **Industry Exposure:** The company serves industrial automation, off-highway mobility and wind-energy markets. 6. **Industrial Applications:** Its products are used in machinery and equipment for material handling, mining, construction, agriculture, manufacturing and other industrial applications. 7. **Wind Energy Business:** The company manufactures yaw and pitch drives used in wind turbines to support turbine orientation and blade-pitch control. 8. **Manufacturing Network:** It operates manufacturing facilities in Tamil Nadu and Maharashtra, supporting production, assembly and customer servicing. 9. **Customer Model:** The company supplies original equipment manufacturers (OEMs) and other industrial customers, including through products engineered to customer specifications. 10. **International Reach:** Its products serve domestic customers as well as international markets through the wider group's business network. 11. **IPO Structure:** According to the IPO documents and published issue information available as of 14 October 2026, the proposed public issue is an Offer for Sale (OFS) by the promoter shareholder, Bonfiglioli S.p.A. 12. **Business Positioning:** The company operates in specialised industrial segments where product reliability, engineering capabilities, manufacturing quality and customer relationships are important competitive factors.
BONFIGLIOLI TRANSMISSIONS Business Model
1. **Industrial Gearboxes:** Manufactures gearboxes that transmit mechanical power and regulate speed and torque in industrial equipment. 2. **Gear Motors:** Produces integrated gear-motor systems used in machinery, conveyors, processing equipment and material-handling applications. 3. **Industrial Automation Solutions:** Supplies drive systems and related products for automated manufacturing processes and industrial machinery. 4. **Electric Motors and Drives:** Offers electric motors and variable-frequency drives used to control motor speed and operating performance. 5. **Precision Drives:** Provides precision-drive solutions for applications requiring accurate movement and controlled mechanical operation, including automation and robotics. 6. **Off-Highway Mobility:** Manufactures specialised drives for equipment used in construction, agriculture, mining and other off-highway applications. 7. **Wind Turbine Drives:** Produces yaw and pitch drives used in wind turbines. These systems help orient the turbine and adjust blade angles according to operating conditions. 8. **Customised Engineering:** Develops products in collaboration with OEM customers to meet their machinery design, performance and application requirements. 9. **Manufacturing and Assembly:** Operates facilities in Tamil Nadu and Maharashtra for manufacturing, assembly and related operations. 10. **Sales and After-Sales Support:** Supports customers through sales offices, technical assistance and after-sales services. 11. **Domestic and Export Markets:** Serves customers in India and overseas, benefiting from the group's broader international presence. 12. **Technology and Licensing:** Access to the parent group's proprietary technology, designs and trademarks supports the business, but also creates a dependency on group arrangements.
BONFIGLIOLI TRANSMISSIONS Objects of the Issue
1. **Type of Issue:** Initial Public Offering (IPO) through a 100% Offer for Sale (OFS), according to the published issue details. 2. **Selling Shareholder:** Bonfiglioli S.p.A., the promoter shareholder, is selling shares in the offer. 3. **Shares Offered:** The final reported offer is up to 4,32,39,042 equity shares, subject to the final offer documents. 4. **Issue Size:** Approximately ₹2,533.66 crore at the reported price band of ₹558–₹586 per share. 5. **Fresh Issue:** No fresh equity shares are being issued to raise new capital for the company as part of this OFS. 6. **Proceeds to Selling Shareholder:** The proceeds from the shares sold will go to the selling shareholder, after applicable expenses and taxes. 7. **No Direct Capital Infusion:** The company will not receive the OFS proceeds for its own business expansion, working capital or debt repayment. 8. **Listing Benefits:** The IPO is intended to facilitate listing of the company's equity shares on recognised stock exchanges and provide a public market for its shares. 9. **Shareholder Liquidity:** The offer provides the selling shareholder an opportunity to partially monetise its investment. 10. **Important Note:** Investors should refer to the final Red Herring Prospectus (RHP) and offer documents for the definitive share count, offer size and terms.
BONFIGLIOLI TRANSMISSIONS Strengths
1. **Established Industry Experience:** The company has operated in India since 1998, giving it experience in industrial transmission and drive technologies. 2. **International Group Association:** Its association with the Bonfiglioli Group provides access to an established global brand and technical expertise. 3. **Diversified Product Portfolio:** Gearboxes, gear motors, electric motors, precision drives and specialised mobility systems serve multiple applications. 4. **Exposure to Multiple Industries:** Its presence across industrial automation, off-highway mobility and wind energy reduces reliance on a single end-use sector. 5. **Wind Energy Position:** The company has a presence in specialised yaw and pitch drives for wind turbines, a segment linked to wind-power installations and servicing. 6. **OEM Relationships:** Working directly with original equipment manufacturers can support long-term customer relationships and product integration into customers' equipment. 7. **Customised Engineering Capabilities:** Co-engineering products with customers can create technical differentiation and make supplier replacement more complex. 8. **Established Manufacturing Facilities:** Facilities in Tamil Nadu and Maharashtra provide an existing manufacturing and assembly base. 9. **International Market Access:** The wider group's international network can help the company serve customers beyond India. 10. **Industrial Automation Opportunity:** Demand for factory automation, productivity improvements and controlled-drive systems may create opportunities for specialised equipment suppliers. 11. **Renewable Energy Exposure:** Wind-related drive products give the company exposure to the wind-energy supply chain. 12. **Listing and Market Visibility:** A public listing may improve visibility, provide a market-based valuation and expand access to public-market investors.
BONFIGLIOLI TRANSMISSIONS Risks
1. **Dependence on Parent-Group Technology:** The business uses technology, designs and trademarks under arrangements with its corporate promoter. Changes to these arrangements could affect operations. 2. **Customer Concentration:** Dependence on a limited number of large OEM customers could expose revenue to changes in customer demand, contract renewals or order volumes. 3. **Supplier Concentration:** Reliance on a limited number of suppliers for certain materials or components may cause procurement delays or higher costs. 4. **Industrial Cyclicality:** Demand for industrial drives and gearboxes may weaken when manufacturing, construction, mining or capital expenditure slows. 5. **Wind Industry Exposure:** Changes in wind-project commissioning, policy support, customer investment or turbine demand may affect sales of wind-related products. 6. **Competition:** The company faces competition from domestic and international manufacturers, including businesses with their own technology, manufacturing scale and customer relationships. 7. **Manufacturing Disruptions:** Equipment breakdowns, labour issues, quality problems, power interruptions or other operational incidents could affect production and delivery schedules. 8. **Raw-Material and Cost Volatility:** Changes in the prices or availability of metals, components, energy and other inputs may pressure margins if cost increases cannot be passed on to customers. 9. **Product Development Risk:** Customised products require engineering, testing and customer approval. Development delays or products that fail to meet customer expectations may affect revenue. 10. **Quality and Product Liability:** Failures in components used in industrial machinery or wind turbines could lead to claims, warranty costs, reputational damage or customer losses. 11. **Foreign-Exchange Exposure:** International business and imported components can expose the company to currency movements and cross-border commercial risks. 12. **OFS Does Not Fund Expansion:** Since the IPO is an offer for sale, the company will not receive the sale proceeds to finance growth, repay borrowings or strengthen working capital. 13. **Promoter Share Sale:** Investors should assess the reason for the promoter's partial stake sale and the promoter's post-issue shareholding as disclosed in the final offer documents. 14. **Valuation Risk:** Even a well-established industrial business may deliver poor investment returns if the IPO price is high relative to earnings, cash flows and comparable listed companies. 15. **Execution and Demand Risk:** Growth depends on converting orders into revenue, maintaining delivery schedules and sustaining demand across its end-user industries.
BONFIGLIOLI TRANSMISSIONS Frequently Asked Questions
What is the BONFIGLIOLI TRANSMISSIONS IPO price band?
The BONFIGLIOLI TRANSMISSIONS IPO price band is 558 - 586.
What is the latest BONFIGLIOLI TRANSMISSIONS IPO GMP?
The latest available BONFIGLIOLI TRANSMISSIONS IPO GMP in the IPOWEB database is ₹181. GMP is unofficial and does not guarantee a listing gain.
When does the BONFIGLIOLI TRANSMISSIONS IPO open and close?
The BONFIGLIOLI TRANSMISSIONS IPO opens on 15 OCT and closes on 19 OCT.
When is the BONFIGLIOLI TRANSMISSIONS IPO allotment date?
The BONFIGLIOLI TRANSMISSIONS IPO allotment date is 21 OCT.
When is the BONFIGLIOLI TRANSMISSIONS IPO listing date?
The BONFIGLIOLI TRANSMISSIONS IPO listing date is 23 OCT.