IPO Buzz

Home › Upcoming IPOs › Bonfiglioli Transmissions IPO

Bonfiglioli Transmissions IPOUPCOMING

NSE, BSEMainboardBook Built Issue

Bonfiglioli Transmissions Limited manufactures precision-engineered gear motors, gearboxes and industrial drive solutions for automation, construction, agriculture and wind energy.

Compare

Opens

15 Oct 26

Closes

19 Oct 26

Allotment

21 Oct 26

Refund

22 Oct 26

Demat

22 Oct 26

Listing

23 Oct 26

Bidding opens

in 3 days

15 – 19 Oct

Min. investment₹14,650
GMP₹158 · +27.0%
Pre-apply in the app

Retail bids until 5:00 PM, other categories until 4:00 PM on the closing day.

Overview

Price band

₹558-586

Lot size

25 shares

Min. investment

₹14,650

Issue size

₹2533.66 Cr

4.32 Cr shares

Offer for sale

₹2,533.66 Cr

4.32 Cr shares

Face value

₹10 / share

Issue type

Book Built Issue

Listing at

NSE, BSE

Employee discount

₹29

Reservation

QIB 50%NII 15%Individual 35%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)125₹14,650
Retail (Max)13325₹1,90,450
S-HNI (Min)14350₹2,05,100
S-HNI (Max)681,700₹9,96,200
B-HNI (Min)691,725₹10,10,850

Bonfiglioli Transmissions Live GMP

GMP₹158
Est. Price₹744
Est. Gain26.96%
15015516016517017512 Oct · ₹17512 Oct · ₹16512 Oct · ₹16012 Oct · ₹15512 Oct · ₹15012 Oct · ₹15512 Oct · ₹15812 Oct12 Oct12 Oct12 Oct

Latest GMP

₹158

All-time high

₹175

All-time low

₹150

GMP × retail lot ₹3,950GMP × S-HNI min ₹55,300Expected listing ~ ₹744GMP is unofficial and changes often. Data as of 12 Oct, 03:23 pm.

Subscription

Live category-wise bids appear here once bidding opens on 15 Oct 26. Reserved share of the issue:

QIB
50%
NII
15%
Individual
35%

Financials

(₹ in crores)

05001,0001,5002,0002,500Dec 2023 · Revenue: 1,701.8Dec 2023 · Expense: 1,493.63Dec 2023 · Profit after tax: 148.49Dec 2023 · Assets: 1,414.72Dec 2023 · Borrowing: 110.79Dec 2023Dec 2024 · Revenue: 1,861.16Dec 2024 · Expense: 1,616.16Dec 2024 · Profit after tax: 195.16Dec 2024 · Assets: 1,299.08Dec 2024Dec 2025 · Revenue: 2,023.59Dec 2025 · Expense: 1,698.36Dec 2025 · Profit after tax: 237.87Dec 2025 · Assets: 1,439.46Dec 2025Jun 2026 · Revenue: 1,139.17Jun 2026 · Expense: 939.25Jun 2026 · Profit after tax: 148.58Jun 2026 · Assets: 1,495.82Jun 2026

Key performance indicators

As of 30 Jun 2026

ROE

14.66%

PAT Margin

13.04%

ROCE

20.03%

EBITDA Margin

19.78%

RoNW

14.37%

Valuation vs listed peers

EPS Pre IPO

₹12.65

EPS Post IPO

₹12.65

Price-to-earnings

Elecon Engineering Company Limited
31.63×
Shanthi Gears Limited
63.39×
Schaeffler India Limited
53.74×
Timken India Limited
57.66×
CompanyP/EP/BRoNWFace value
Elecon Engineering Company Limited31.63——₹1
Shanthi Gears Limited63.39——₹1
Schaeffler India Limited53.74——₹2
Timken India Limited57.66——₹10

Peer median P/E 55.7× · Ratios as disclosed in the offer document.

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

ROCE

20.03%

  • PAT margin 13.0% and ROCE 20.0%.
  • 100% offer for sale — the company raises no new money.

Strengths & risks

  • Strong Market Position with leadership across key drive markets in India.
  • Diversified Products serving industrial, mobility and wind energy sectors.
  • Global Brand Support backed by Bonfiglioli Group's technology and R&D.
  • Established Customers with long-standing OEM relationships.
  • Product Innovation with new products contributing 29.72% of revenue in H1 FY2026.
5.6/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials6.7
Growth6.5
Business5.9
Demand4.2
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
The Bonfiglioli Transmissions Ltd. IPO is a 100% Offer for Sale (OFS), so the company will not receive any funding and the entire IPO proceeds will go to the selling shareholders.-

Company & documents

Bonfiglioli Transmissions Limited is one of India's largest technology-led manufacturers of mechanical and electro-mechanical power transmission and industrial drive solutions. Established in 1998, the company manufactures precision-engineered gear motors, gearboxes and drive systems. It is part of the Italy-based Bonfiglioli Group, which operates across 80 countries.

The company manufactures low, medium and heavy-duty gear motors and gearboxes with torque capacities ranging from 13 Nm to 1,400 kNm. Its products include helical, bevel, planetary and worm gearboxes, electric motors, variable frequency drives, servo motors and precision drives for robotics and automation.

The company operates across three business segments:

  • Industry & Automation Solutions: Gearboxes and drive systems for material handling, mining, pharmaceuticals, textiles, packaging and industrial automation.
  • Off-Highway Mobility: Transmission systems for excavators, construction equipment, agricultural machinery and mining vehicles.
  • Wind Industry: Yaw and pitch drives for wind turbines, with an estimated 67.9% domestic market share by sales value in CY2025 among domestic manufacturers.

The company operates three facilities at Thirumudivakkam, Mannur and Talegaon, which collectively produced 341,133 gear motors and gearboxes in FY2025. Its manufacturing capabilities include machining, gear cutting, heat treatment and assembly, supported by automation and digital production systems.

During the six months ended June 30, 2026, the company served 935 customers, including JCB India, GMM Pfaudler, Schwing Stetter, Suzlon Energy and Nordex India. Its distribution network comprised 13 sales offices, 44 authorised dealers operating 54 outlets and 13 third-party service facilities as of June 30, 2026.

As of June 30, 2026, the company had a total workforce of 1,032 personnel, comprising 627 on-roll employees and 405 contract labourers.

Company contact

Bonfiglioli Transmissions Ltd.

Plot No.AC7-AC11, SIDCO Industrial Estate, Thirumudivakkam, Kancheepuram, Tamil Nadu, 600132

Phone: 63858 63934

Email: btl.secretarial@bonfiglioli.com

Web: https://www.bonfiglioli.in/en

Book running lead managers

  • BNP Paribas
  • Axis Capital Limited
  • ICICI Securities Limited
  • Jefferies India Private Limited

Promoters

100.0%Pre Issue
77.0%Post Issue
  • Sonia Bonfiglioli
  • Luciano Bonfiglioli
  • Luisa Lusardi
  • Bon-FI S.R.L
  • Bonfiglioli S.P.A.