Bonfiglioli Transmissions, the Indian arm of Italy's Bonfiglioli SPA and a prominent provider of power transmission and industrial solutions, is set to launch its Initial Public Offering (IPO) on October 15, 2026. The public issue, comprising 4.32 crore equity shares, will be available for subscription until October 19, 2026.
Key Details of the Bonfiglioli Transmissions IPO
The price band for the Bonfiglioli Transmissions IPO has been fixed at Rs 558 to Rs 586 per equity share. At the upper end of this band, the company targets a valuation of Rs 11,016 crore and aims to raise Rs 2,533.6 crore from the offering. Investors can bid for a minimum of 25 equity shares, with subsequent bids in multiples of 25.
Notably, the entire public issue is structured as an Offer for Sale (OFS) by the promoter, Bonfiglioli SPA. This means that the proceeds from the issue will go directly to the promoter, and Bonfiglioli Transmissions will not receive any funds from this offering.
Important Dates for Investors
- Anchor Book Opening: October 14, 2026
- IPO Opening Date: October 15, 2026
- IPO Closing Date: October 19, 2026
- Finalization of Allotment: Expected by October 21, 2026
- Listing on Bourses: Expected by October 23, 2026
Share Reservation and Financial Performance
The company has reserved 50,000 equity shares for its employees, who will be able to subscribe at a discount of Rs 29 per share to the final issue price. The net issue is allocated as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and the remaining 35% for retail investors.
Bonfiglioli Transmissions specializes in manufacturing precision-engineered gear motors, gearboxes, and drive systems for original equipment manufacturers (OEMs) and end-users across various sectors, including industrial and automation, off-highway mobility, and wind energy.
For the six-month period ending June 2026, the company reported a robust financial performance. Its profit increased by 29.2% to Rs 148.6 crore, up from Rs 115 crore in the same period last year. Revenue also saw a significant rise of 17.9%, reaching Rs 1,131.9 crore compared to Rs 960.4 crore previously.
The book-running lead managers for the Bonfiglioli Transmissions IPO include Axis Capital, BNP Paribas, ICICI Securities, and Jefferies India.