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Bonfiglioli Transmissions IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Upcoming

Mainboard

PRICE BAND

Rs 558 - 586

LOT SIZE

25

Shares

MIN INVEST

Rs 14,650

CUT-OFF

Rs 586

per share

Open

15 Oct 2026

Last Day

19 Oct 2026

Allotment

21 Oct 2026

Expected Refund

22 Oct 2026

Listing

23 Oct 2026

GMP Today

1m ago

+30%

+Rs 176 premium

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Est. Listing Price

GMP Based

Rs 762

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 4,400

+30.0% (25 shares)

Subscription

-

Not open

IPOGyani AI Engine - Live Prediction
+22.6%

Range: +18.6% to +26.6%

Confidence: Moderate - 62%

Confidence Score - 62%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 62/100📊 Sub 0x🏭 Industrial Machinery & Power Transmission
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Current IPO Status: upcoming

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About Bonfiglioli Transmissions

Industrial Machinery & Power Transmission

The company operates three manufacturing facilities in India, located at Thirumudivakkam and Mannur in Tamil Nadu and Talegaon in Maharashtra. Its products serve original equipment manufacturers and end users across industrial automation, off-highway mobility and wind energy. The company has an established domestic sales and service network, supported by authorised dealers, service facilities and suppliers in India and overseas. It is part of the wider Bonfiglioli group, which provides global brand recognition and technical capabilities.

IPO_DETAILS_LONG: Bonfiglioli Transmissions IPO is a Mainboard book-built issue comprising an offer for sale of 4,32,39,042 equity shares with a face value of ₹10 each. The price band is ₹558 to ₹586 per share, with an aggregate offer size of approximately ₹2,533.66 Cr at the upper price band. The IPO opens on October 15, 2026 and closes on October 19, 2026. Allotment is scheduled for October 21, refunds and demat credit for October 22, and listing on BSE and NSE for October 23, 2026. The entire offer is being sold by Bonfiglioli S.P.A. The company will not receive proceeds from the IPO. The reported market capitalisation at the upper offer price is ₹11,016.56 Cr.

Issue Details

Total Issue Size

Rs 2,534 Cr

Issue Size for Retail

Rs 886.78 Cr

Fresh Issue vs OFS

OFS
Rs 2,533.66 Cr (100%)

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

Axis Capital Ltd.; BNP Paribas; ICICI Securities Ltd.; Jefferies India Pvt. Ltd.

Registrar

MUFG Intime India Pvt. Ltd.

Objects of the Issue (as per DRHP)

  • 1Offer for Sale of 43239042 equity shares by Bonfiglioli S.P.A.; proceeds go to the selling shareholder and the company receives no proceeds

Key Performance Indicator (KPI)

KPIDec 31, 2025Jun 30, 2026
ROE13.24%14.66%
ROCE18.62%20.03%
Debt/EquityNANA
RoNW23.96%14.37%
PAT Margin11.90%13.04%
EBITDA Margin18.37%19.78%
Price to Book Value10.65
Pre IPOPost IPO
EPS (Rs)12.6512.65
P/E (x)46.3246.32
Promoter Holding100.00%77.00%
Market CapRs 11016.56 Cr.

Sonia Bonfiglioli; Luciano Bonfiglioli; Luisa Lusardi; Bon-FI S.R.L.; Bonfiglioli S.P.A.

Bonfiglioli Transmissions Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY23FY24FY25
Total Income1,701.81,861.162,023.59
Net Profit (PAT)148.49195.16237.87
EBITDA243.89295.07370.77
Borrowings110.79NANA
ROE19.3%23.05%13.24%
ROCE24.54%30.28%18.62%
Debt/Equity0.150.01NA
Assets1,414.721,299.081,439.46

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
62
Bullish

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

1
Positive
1
Neutral
0
Negative
MoneycontrolNewsPositive

By Sunil Shankar Matkar

Reports strong operating momentum, with H1 2026 profit rising 29.2% to ₹148.6 Cr and revenue increasing 17.9% to ₹1,131.9 Cr. The ₹2,533.6 Cr IPO is entirely an OFS, so proceeds go to the promoter rather than funding company growth.

11 Oct 2026View Source
MoneycontrolNewsNeutral

By Moneycontrol News

Reports a ₹558-586 price band and an implied valuation of approximately ₹11,016 Cr. H1 2026 revenue and profit grew year-on-year, but the pure OFS structure means investors must assess the price against earnings and growth rather than expect fresh capital to strengthen the company.

12 Oct 2026View Source

Reviews are AI-summarized from news channels, and other expert sources. Each summary is limited to 2 lines for quick reading.

Peer Comparison

Comparing with 4 listed peers
IPO P/E Ratio
46.32x
vs Peer Avg: 51.6x
IPO Market Cap
Rs 11017 Cr
Peer Avg: 7.1K Cr
IPO ROE
13.24%
vs Peer Avg: 16.9%
CompanyMarket CapRevenuePATP/EROE
BT
Bonfiglioli TransmissionsIPO
Rs 11017 CrRs 2023.59 CrRs 237.87 Cr46.32x13.24%
Elecon Engineering Company Limited9.9K Cr2.4K Cr-31.63x17.33%
Shanthi Gears Limited4.3K Cr518.72 Cr-63.39x17.42%
Schaeffler India Limited-9.7K Cr-53.74x19.02%
Timken India Limited-3.5K Cr-57.66x13.68%
Peer Average7.1K Cr4.0K Cr-51.6x16.9%

Quick Analysis

  • Bonfiglioli Transmissions's P/E of 46.32x is lower than the peer average of 51.6x, suggesting relatively attractive valuation.
  • ROE of 13.24% is below peer average (16.9%), indicating lower return on equity.
  • Market cap post-listing would place Bonfiglioli Transmissions above peer average in terms of size.

* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.

Company Contact Details

Plot No. AC7-AC11, SIDCO Industrial Estate, Thirumudivakkam, Kancheepuram, Tamil Nadu 600132, India

Green Flags

  • Established international parent group with global engineering and R&D capabilities.
  • Diversified products across industrial automation, off-highway mobility and wind applications.
  • Three Indian manufacturing facilities across Tamil Nadu and Maharashtra.
  • Broad sales, dealer and after-sales service network.
  • FY25 total income of ₹2,023.59 Cr and PAT of ₹237.87 Cr.
  • EBITDA increased from ₹243.89 Cr in FY23 to ₹370.77 Cr in FY25.
  • The issue is entirely an OFS, so there is no dilution from new shares being issued.

Red Flags

  • The company will not receive any proceeds from the IPO because it is entirely an OFS.
  • At the upper price band, the reported P/E is 46.32x and price-to-book value is 10.65x.
  • The offer provides liquidity to the selling shareholder rather than directly financing the company's expansion.
  • Manufacturing performance is exposed to industrial capital expenditure, demand across end-user sectors and input-cost changes.
  • The company operates in specialised industrial markets where customer requirements, technology and product quality are important competitive factors.
  • === END ===

IPO Lot Size

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

ApplicationLotsSharesAmount
Retail (Min)125₹14,650
S-HNI (Min)14350₹2,05,100
B-HNI (Min)691,725₹10,10,850

Frequently Asked Questions

What is the price band of Bonfiglioli Transmissions IPO?

The price band is Rs 558-586 per share. One lot contains 25 shares; its value at the upper price is Rs 14,650. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Bonfiglioli Transmissions IPO?

The scheduled bidding period is 15 Oct 2026 to 19 Oct 2026.

When is Bonfiglioli Transmissions IPO scheduled to list?

The scheduled listing date is 23 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Bonfiglioli Transmissions IPO?

MUFG Intime India Pvt. Ltd. is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Bonfiglioli Transmissions IPO?

Lead manager information recorded for this issue: Axis Capital Ltd.; BNP Paribas; ICICI Securities Ltd.; Jefferies India Pvt. Ltd..

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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