Bonfiglioli Transmissions IPO

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Bonfiglioli Transmissions IPO details

15th – 19th Oct 2026
23 Oct 2026
₹558 – ₹586
Lot size 25 — ₹14650
2534cr

Schedule of Bonfiglioli Transmissions

Issue open date 15 Oct 2026
Issue close date 19 Oct 2026
UPI mandate deadline 19 Oct 2026 (5 PM)
Allotment finalization 21 Oct 2026
Refund initiation 22 Oct 2026
Share credit 22 Oct 2026
Listing date 23 Oct 2026
Mandate end date 03 Nov 2026
Lock-in end date for anchor investors (50%) 19 Nov 2026
Lock-in end date for anchor investors (remaining) 18 Jan 2027

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About Bonfiglioli Transmissions

Bonfiglioli Transmissions manufactures gearboxes, gear motors, and drive systems for original equipment manufacturers operating across the industry and automation, off-highway mobility, and wind industries. The company produces specific products such as yaw and pitch drives for the wind sector and low- to medium-duty gear motors for industry and automation customers. It operates three separate manufacturing facilities located in Thirumudivakkam, Mannur, and Talegaon to support its production needs. A major portion of its revenue is generated by co-engineering custom products directly with its customers. Furthermore, the business operates under a license agreement with its corporate promoter, granting it the right to manufacture and sell products utilizing the promoter’s proprietary technology, designs, and trademarks. The company distributes its products domestically and exports them to international markets including the United States, Italy, Germany, and China.


Financials of Bonfiglioli Transmissions


Issue size

Funds Raised in the IPO Amount (₹ crores)
Total issue size 2533.66
Offer for sale – Proceeds go to the existing investors 2533.66

Strengths

  • Diverse gearbox and drive systems portfolio across multiple sectors.
  • Strong global export footprint across the US, Europe, and China.
  • Deep customer integration via co-engineered products.
  • Three established manufacturing facilities in India.
  • Strong backing and IP access from Bonfiglioli S.p.A.

Risks

  • High dependency on a limited number of suppliers for materials.
  • Vulnerable to operational disruptions at manufacturing facilities.
  • Heavily reliant on the corporate promoter for IP and technology.
  • Revenue is concentrated among a few key OEM customers.
  • Long co-engineering cycles risk commercial failure or delays.