Bonfiglioli Transmissions came to market through an IPO that opened on 15 October 2026 and closed on 19 October 2026, and the shares listed on 23 October 2026 on the NSE and BSE. The price band was ₹558 to ₹586 per share and one lot was 25 shares, so the minimum application was ₹14,650. The issue size was ₹2533.66 crore. The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company.
It listed at ₹586, flat against the issue price of ₹586. MUFG Intime India Pvt.Ltd was the registrar to the issue, and Axis Capital Ltd., BNP Paribas, ICICI Securities Ltd., Jefferies India Pvt.Ltd were the lead managers.
The issue was subscribed 46.05 times overall.
Bonfiglioli Transmissions Ltd is one of the leading Indian technology companies that specialize in the production of mechanical and electro-mechanical power transmission and industrial drive solutions. The company produces top-quality gearboxes and drive systems, which find usage in various industries. Product Portfolio: The product portfolio consists of gear motors and gearboxes of low, medium and heavy duty categories in torque capacities starting from 13 Nm up to 1,400 kNm Helical, bevel, planetary and worm gearboxes and gear motors, electric motors;
variable frequency drives, servo motors and drives, and precision drives for robotics & automation solutions. The firm serves three main markets in terms of application areas – Industry and Automation Solutions, Off-Highway Mobility and >Wind Industry. Within the Industry and Automation Solutions segment, Bonfiglioli Transmissions Ltd belongs to the largest manufacturers of gearboxes and drives in India, working with both OEMs and end customers.
In India, the company has three plants located in Tamil Nadu (Thirumudivakkam, Mannur) and Maharashtra (Talegaon), which altogether produced more than 330,000 gear motors and gearboxes in FY 2024.
As described in the offer document.
Sonia Bonfiglioli, Luciano Bonfiglioli, Luisa Lusardi, Bon-FI S.R.L, Bonfiglioli S.P.A.. Promoter holding 100% before the issue and 77% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
₹558 to ₹586 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 25 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,650.
₹14,650, for one lot of 25 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 15 October 2026 and closed on 19 October 2026.
The basis of allotment was published on 21 October 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 23 October 2026 on the NSE and BSE, opening at ₹586.
The issue size was ₹2533.66 crore. The offer for sale was 4,32,39,042 shares (aggregating up to ₹2533.66 crore).
It listed at ₹586 against an issue price of ₹586, a gain of 0 percent on listing day.