Bonfiglioli Transmissions IPO
Bookbuilding IPO | ₹2,534.00 Cr | Listing at BSE, NSE
IPO Open
Thu, Oct 15, 2026
IPO Close
Mon, Oct 19, 2026
Price Band
₹558.00 to ₹586.00
Market Cap (Pre-IPO)
-
IPO Details
| IPO Date | Oct 15, 2026 to Oct 19, 2026 |
| Listing Date | Tentative: Oct 23, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹558.00 to ₹586.00 |
| Lot Size | 25 Shares (Minimum: ₹14,650.00) |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹2,534.00 Crores |
| Total Shares Offered | 43,239,042 shares |
| Fresh Issue | 43,239,042 shares |
| Offer For Sale | 43,239,042 shares |
Bonfiglioli Transmissions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 49.94 |
| Retail Shares Offered | 34.96 |
| NII Shares Offered | 14.98 |
Bonfiglioli Transmissions 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 | ₹190,450 |
| S-HNI (Min) | 14 | 350 | ₹205,100 |
| S-HNI (Max) | 68 | 1,700 | ₹996,200 |
| B-HNI (Min) | 69 | 1,725 | ₹1,010,850 |
Bonfiglioli Transmissions Financial Information (Restated Consolidated)
| 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 | 1,387.94 | 1,861.16 | 1,414.72 |
| 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 ₹ Cr
Key Performance Indicators
As of Tuesday, June 30, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 14.66% |
| ROCE (Return on Capital Employed) | 20.03% |
| RoNW (Return on Net Worth) | 14.37% |
| PAT Margin (Profit After Tax Margin) | 13.04% |
| EBITDA Margin | 19.78% |
| Price to Book Value | 10.65 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 12.65 | 15.81 |
| P/E (x) | 46.32 | 37.07 |
Company Overview
Bonfiglioli Transmissions Limited – Company Overview
- Bonfiglioli Transmissions Limited 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 for a wide range of industries.
- Product Portfolio: The Company's products include low, medium and heavy-duty gear motors and gearboxes with torque capacities ranging from 13 Nm to 1,400 kNm. Its portfolio comprises helical, bevel, planetary and worm gearboxes and gear motors, electric motors, variable frequency drives, servo motors and drives, and precision drives for robotics and automation solutions.
- The Company serves three major market segments based on end-use applications: Industry and Automation Solutions, Off-Highway Mobility, and Wind Industry.
- In the Industry and Automation Solutions segment, the Company is among the largest manufacturers of gearboxes and drives in India, serving both original equipment manufacturers (OEMs) and end-users.
- The Company operates three manufacturing facilities in India, including two in Tamil Nadu at Thirumudivakkam and Mannur, and one in Maharashtra at Talegaon. Together, these facilities produced over 341,133 gear motors and gearboxes in Fiscal 2025.
- As of June 30, 2026, the Company had a network of 285 suppliers, comprising 215 suppliers in India and 70 overseas suppliers, including suppliers in Italy, China, the USA and Germany.
- The Company provides after-sales support through in-house service engineers based at its 13 sales offices across India, including three offices located at its manufacturing sites in Thirumudivakkam, Mannur and Talegaon.
- As of June 30, 2026, the Company had 71 customer sales and service touchpoints across India, comprising three manufacturing facilities, 13 sales offices, 13 authorised third-party service facilities and 44 authorised dealers operating through 54 outlets.
- As of June 30, 2026, the Company had 1,032 personnel involved in its operations, including on-roll employees and contract workers.
Company 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
Bonfiglioli Transmissions IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Our Company | 12.65 | 12.65 | 52.82 | - | 23.96 | - | - |
| Elecon Engineering Company | 15.20 | 15.20 | 102.65 | 31.63 | 14.81 | 4.71 | - |
| Shanthi Gears | 9.99 | 9.99 | 57.36 | 63.39 | 17.42 | 11.11 | - |
| Schaeffler India | 73.60 | 73.60 | 386.94 | 53.74 | 19.02 | 10.25 | - |
| Timken India | 55.16 | 55.16 | 403.31 | 57.66 | 13.68 | 7.89 | - |
Quick Info
| Sector | industrial engineering, manufacturing, and power transmission |
| Exchange | BSE, NSE |
Important Dates
| IPO Open | Oct 15, 2026 |
| IPO Close | Oct 19, 2026 |
| Allotment Date | Oct 21, 2026 |
| Credit to Demat | Oct 22, 2026 |
| Listing Date | Tentative: Oct 23, 2026 |
Lead Manager(s)
Axis Capital Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹2,533.66 crores.
- Issue Structure: The issue is entirely an offer for sale of 4.32 crore shares aggregating to ₹2,533.66 crores.
- IPO Dates: The issue opens for subscription on October 15, 2026 and closes on October 19, 2026.
- Allotment Date: The allotment is expected to be finalized on October 21, 2026.
- Listing Details: The shares are proposed to be listed on NSE and BSE on October 23, 2026.
- Retail Investment Requirement: Minimum 1 lot (25 shares) amounting to approximately ₹14,650 at the upper price band.
- Employee Reservation: The issue includes a reservation of up to 50,000 shares for employees, offered at a discount of ₹29 per share to the issue price.
- Issue Price Band: ₹558 to ₹586 per equity share.
- Lot Size: 25 shares per lot.
This IPO offers investors an opportunity to participate in the company through an offer for sale by existing shareholders.