Bonfiglioli Transmissions’ IPO to Open on Oct 15; Price Band Fixed at Rs 558-586
Italian parent Bonfiglioli S.p.A to sell 4.32 crore shares via OFS; nearly 70-year global legacy, 25 years in India, tech-led power transmission solutions provider
(L -R) Pratik Loonker, MD & Head of ECM, Axis Capital Limited Arun Narayana, Vice President, Global Sectors and Advisory, BNP Paribas Luisa Saita, Group Chief Financial Officer, Bonfiglioli S.p.A. Kennady V. Kaippally, Managing Director, GA Balaji, Whole-Time Director and Chief Financial Officer, Deepak Nawal, Leadership Team, Senior Business Head, ICICI Securities Limited, Jibi Jacob, Managing Director, Head of Equity Capital Markets (ECM), Jefferies India Private Limited
मुंबई RMN.IN :: Bonfiglioli Transmissions Limited, one of India’s largest technology-led providers of mechanical and electro-mechanical power transmission and industrial drive solutions, has announced its Initial Public Offer (IPO) will open for subscription on Thursday, October 15, 2026.
The company has fixed the Price Band at Rs 558 to Rs 586 per equity share of face value Rs 10 each. The Floor Price is 55.8 times and the Cap Price is 58.6 times the face value.
The Anchor Investor Bidding Date is Wednesday, October 14, 2026, and the Bid/Offer will close on Monday, October 19, 2026.
Investors can bid for a minimum of 25 equity shares and in multiples of 25 thereafter. The Red Herring Prospectus is available at https://www.icicisecurities.com/console/uploads/actual/BONFIGLIOLI-TRANSMISSION-LIMITED—RHP_1791727263_81.pdf
Pure Offer for Sale: The Offer comprises entirely an Offer for Sale aggregating up to 43,239,042 equity shares by its promoter Bonfiglioli S.p.A. There is no fresh issue component in the IPO.
The equity shares offered through the RHP are proposed to be listed on BSE Limited and National Stock Exchange of India Limited.
Axis Capital Limited, BNP Paribas, ICICI Securities Limited and Jefferies India Private Limited are the Book Running Lead Managers to the issue.
About the Company:
Bonfiglioli Transmissions Limited is one of India’s largest technology-led providers of mechanical and electro-mechanical power transmission and industrial drive solutions. The company manufactures a wide range of mission-critical, precision-engineered gear motors, gearboxes and drive systems for diverse end-user markets.
The company’s legacy is built on the globally recognised Bonfiglioli brand, which has a presence of nearly 70 years worldwide and over 25 years of operations in India.
Its Corporate Promoter, Bonfiglioli S.p.A., headquartered in Italy, is one of the largest technologically advanced global players in the mechanical and electro-mechanical power transmission and industrial drive solutions industry.
The company’s products are critical components used across industries including material handling, mining, food and beverage, cement, construction, agriculture, wind energy and automation, where reliability and precision are paramount.
With a strong focus on R&D, technology and local manufacturing, Bonfiglioli Transmissions has emerged as a preferred partner for industrial OEMs in India and globally, leveraging its Italian engineering heritage and Indian manufacturing strength.
