Bonfiglioli Transmissions IPO 2026: Price Band, Dates, GMP & Review

Bonfiglioli Transmissions Limited IPO
BT
Bonfiglioli Transmissions Limited IPO
Power Transmission Solutions · Gearboxes & Industrial Drives · Kancheepuram, Tamil Nadu
📋 Mainline IPO 100% OFS BSE, NSE
₹586
Upper Price
₹2,533.66 Cr
Issue Size
Oct 23, 2026
Listing Date
₹11,016.56 Cr
Market Cap
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Thursday, 15 October 2026
Bidding starts — apply before close
🔒
IPO Closes
Monday, 19 October 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Wednesday, 21 October 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Thursday, 22 October 2026
Unallotted funds unblocked; shares credited to demat
🏷️
Friday, 23 October 2026
Trading begins on BSE & NSE from 10:00 AM IST
📋 IPO Details
IPO Open Date15 October 2026 (Thu)
IPO Close Date19 October 2026 (Mon)
Listing Date23 October 2026 (Fri)
Face Value₹10 per share
Price Band₹558 to ₹586
Issue Price (Upper Band)₹586 per share
Issue TypeBook Build — 100% OFS
Lot Size25 shares (Min App: 1 Lot / 25 Shares)
Total Issue Size4,32,39,042 shares (₹2,533.66 Cr)
Fresh Issue0 shares (₹0 Cr)
Offer for Sale (OFS)4,32,39,042 shares (₹2,533.66 Cr)
Employee Discount₹29.00 per share
Pre-Issue Shares18,79,95,834
Post-Issue Shares18,79,95,834 (No equity dilution)
Promoter Holding (Pre → Post)100.00% → 77.00%
Market Cap (At Upper Band)₹11,016.56 Cr
Listing ExchangeBSE, NSE
Lead ManagersAxis Capital, BNP Paribas, ICICI Sec, Jefferies
RegistrarMUFG Intime India Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹586
Investor TypeLotsSharesAmount
Retail — Minimum125₹14,650
Retail — Maximum13325₹1,90,450
S-HNI (sNII) — Min14350₹2,05,100
S-HNI (sNII) — Max681,700₹9,96,200
B-HNI (bNII) — Min691,725₹10,10,850
⚠️ Note: Investors can bid for a minimum of 25 shares and in multiples thereof. Eligible employees receive a dedicated discount of ₹29.00 per equity share.
👥 Investor Reservation
Allocated portion of Offer Size
Not more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
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📈 Company Financials
Restated Consolidated · ₹ Crore
Metric30 Jun 202631 Dec 202531 Dec 202431 Dec 2023
Total Assets1,495.821,439.461,299.081,414.72
Total Income1,139.172,023.591,861.161,701.80
PAT148.58237.87195.16148.49
EBITDA223.87370.77295.07243.89
Net Worth1,034.27992.99860.95801.36
Reserves & Surplus846.27867.66735.62670.24
Total Borrowing110.79–––
Income Growth
CY 2023₹1,701.80 Cr
CY 2024₹1,861.16 Cr
CY 2025₹2,023.59 Cr
🎯 Key Performance Indicators
13.24%
ROE (Dec 25)
14.66% (Jun 26)
18.62%
ROCE (Dec 25)
20.03% (Jun 26)
11.90%
PAT Margin (Dec 25)
13.04% (Jun 26)
18.37%
EBITDA Margin (Dec 25)
19.78% (Jun 26)
23.96%
RoNW (Dec 25)
14.37% (Jun 26)
11.09x
Price/Book (Dec 25)
10.65x (Jun 26)
₹52.82
NAV (Dec 25)
₹55.02 (Jun 26)
⚖️ Valuation & EPS
Pre-IPO EPS
₹12.65
CY25 earnings basis
P/E: 46.32x
Post-IPO EPS
₹12.65
Post-issue (100% OFS)
P/E: 46.32x
Price to Book Value
10.65x
At upper price band ₹586
Market Cap
₹11,016.56 Cr
At upper offer price ₹586
ℹ️ Because the issue is a 100% Offer for Sale (OFS), the total paid-up equity base remains unchanged at 18,79,95,834 equity shares post-issue. Valuation reflects an Upper Price Band Market Cap of ₹11,016.56 Cr based on pre-IPO EPS of ₹12.65.
🎯 Objects of the Issue
Proceeds distribution
The Bonfiglioli Transmissions Limited IPO is a 100% Offer for Sale (OFS) of 4,32,39,042 shares. The company will not receive any proceeds from the offer. The entire issue proceeds of ₹2,533.81 crore (after deducting offer expenses) will be transferred directly to the selling promoter shareholder.
Total OFS Proceeds Goal ₹2,533.81 Cr
🏢 About Bonfiglioli Transmissions Ltd.
Kancheepuram, Tamil Nadu · Mechanical & Electro-Mechanical Power Transmission

Bonfiglioli Transmissions Limited is a premier technology-driven engineering enterprise and one of India’s leading providers of advanced mechanical, electro-mechanical power transmission systems, and industrial drive solutions. The company specializes in the precision design and manufacturing of mission-critical gearboxes and intelligent drive systems that power a vast spectrum of industrial and automation applications.

The company’s comprehensive product portfolio encompasses low, medium, and heavy-duty gear motors and gearboxes delivering torque capacities ranging from 13 Nm to a massive 1,400 kNm. This includes specialized helical, bevel, planetary, and worm gearboxes, complemented by advanced variable frequency drives, servo motors, and precision robotics & automation solutions. Bonfiglioli addresses three primary end-use verticals: Industry and Automation Solutions, Off-Highway Mobility, and the Wind Energy industry, standing as one of the largest domestic manufacturers serving both OEMs and end-users.

Production is anchored across three state-of-the-art manufacturing facilities—two in Tamil Nadu (Thirumudivakkam and Mannur) and one in Maharashtra (Talegaon)—which collectively produced over 3,41,133 gear motors and gearboxes in Fiscal 2025. The company supports its diverse clientele through an expansive network of 71 touchpoints, including 13 dedicated sales offices and 44 authorized dealers. Operations are backed by a robust supply chain comprising 285 suppliers (215 domestic and 70 international) and a dedicated workforce of 1,032 personnel as of June 30, 2026.

Brand Ecosystem
⚙️
Industrial Gearboxes & Drives
Heavy-duty helical, planetary, and worm gearboxes with capacities up to 1,400 kNm.
🤖
Automation & Robotics
Precision servo motors, variable frequency drives, and intelligent automation control systems.
🏭
State-of-the-Art Manufacturing
Three advanced facilities in Tamil Nadu and Maharashtra yielding 3.4+ Lakh units annually.
🌎
Pan-India Network
71 robust touchpoints including 13 sales offices and 44 authorized dealers.
Competitive Strengths
🏆End-to-end technology-led power transmissions and industrial drive solutions provider across diverse verticals.
🏛️Established global parentage and trusted brand backed by exceptional global and localized R&D capabilities.
🤝Deep relationships with marquee OEMs and end-users driving consistent repeat order flow.
📈Stellar financial performance delivering ₹2,023.59 Cr in CY25 revenue alongside an 18.62% ROCE.
Company Promoters
SB
Sonia Bonfiglioli, Luciano Bonfiglioli & Luisa Lusardi
Individual Promoters, Bonfiglioli Transmissions Ltd.
BS
Bon-FI S.R.L & Bonfiglioli S.P.A
Promoter Entities, Bonfiglioli Transmissions Ltd.
Key Selling Shareholders (OFS)
Bonfiglioli SPA4,32,39,042 Shares (₹2,533.81 Cr)
📅 Key Dates
IPO Opens15 Oct 2026
IPO Closes19 Oct 2026
Allotment21 Oct 2026
Refund & Share Credit22 Oct 2026
Listing Day23 Oct 2026
💡 Quick Summary
Price Band₹558 – ₹586
Upper Price₹586 / share
Lot Size25 shares
Min. Investment (Retail)₹14,650 (1 Lot)
Issue Size₹2,533.66 Cr (OFS)
ListingBSE, NSE
🏦 Registrar & Lead Manager
Registrar
MUFG Intime India Pvt.Ltd.
📞 022-49186000
[email protected]
Lead Managers
Axis Capital, BNP Paribas, ICICI Sec,
Jefferies
📍 Registered Address
Bonfiglioli Transmissions Ltd.
Plot No.AC7-AC11, SIDCO Industrial Estate,
Thirumudivakkam, Kancheepuram,
Tamil Nadu — 600132
📞 63858 63934
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Bonfiglioli Transmissions IPO RHP for informational purposes only. This format is generated adhering to the required structure as specified in the IPO NEW FORMAT source file. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
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