Indian Markets

Bonfiglioli Transmissions IPO

Bookbuilding IPO | ₹2,534.00 Cr | Listing at BSE, NSE

Closed
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.

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.

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