Bonfiglioli Transmissions IPO to Open on October 15 at ₹558–₹586 per Share

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Bonfiglioli Transmissions Limited will open its initial public offering (IPO) for subscription on Thursday, October 15, 2026. The price band has been fixed at ₹558 to ₹586 per equity share, with a face value of ₹10 per share. The offer will close on Monday, October 19, 2026.

The bidding period for anchor investors is scheduled for Wednesday, October 14, 2026, one working day before the offer opens to other investors. Investors can bid for a minimum of 25 equity shares and in multiples of 25 shares thereafter. At the lower end of the price band, the minimum application value for 25 shares will be ₹13,950, while it will be ₹14,650 at the upper end.

The IPO comprises an offer for sale of up to 43,239,042 equity shares by the company’s promoter, Bonfiglioli S.p.A. The offer is entirely an offer for sale, meaning the shares are being sold by the existing shareholder rather than issued as fresh equity by the company.

The equity shares are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited. Bonfiglioli Transmissions Limited is an Indian provider of mechanical and electro-mechanical power transmission products and industrial drive solutions. Its products include precision-engineered gear motors, gearboxes and drive systems used across a range of industrial applications.

The company operates under the Bonfiglioli brand, which has a global history of nearly 70 years and more than 25 years of operations in India. Its corporate promoter, Bonfiglioli S.p.A., is headquartered in Italy and operates internationally in the power transmission and industrial drive solutions sector.

The company serves multiple end-user industries through its portfolio of mission-critical power transmission products. Its focus on mechanical and electro-mechanical systems supports applications that require controlled movement, torque transmission and industrial drive performance.

Axis Capital Limited, BNP Paribas, ICICI Securities Limited and Jefferies India Private Limited are the book-running lead managers to the offer. Investors can refer to the company’s Red Herring Prospectus for details of the offer, risks, financial information and other disclosures.