- POSITIVE
Annual Revenue Bonfiglioli Transmissions Dec-2025 Annual Revenue is Rs 2,024 Cr which is growth of 8.7% YoY.
- POSITIVE
Annual Net Profit Bonfiglioli Transmissions Dec-2025 Annual Net Profit is Rs 238 Cr which is growth of 21.9% YoY.
Bonfiglioli Transmissions Ltd. IPO Details
Bonfiglioli Transmissions was incorporated on April 1, 2003. The company is one of India’s largest technology-driven providers of mechanical and electro-mechanical power transmission and industrial drive solutions by revenue. It manufactures precision-engineered gearboxes and drive systems serving Industry & Automation, Off-Highway Mobility, and Wind sectors, and is a leading supplier to OEMs and end-users in India
| Bidding Dates |
|---|
| 15 Oct 2026 - 19 Oct 2026 |
| Subscription |
|---|
| 46.06x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹13,950 | 1 | 13 | 25 | 43.2 M | ₹558 - ₹586 | 77 % | ₹24,127.4 M - ₹25,338.1 M | RHP DOC |
Bonfiglioli Transmissions IPO SUBSCRIPTION STATUS
19 Oct '26Total46.06x
Retail Individual Investor5.91x
HNI (NII) Investors40.4x
Qualified Institutional Buyers120.78x
Employees7.43x
Bonfiglioli Transmissions IPO overall subscription rate was 46.06 times the total available shares
Bonfiglioli Transmissions IPO retail subscription rate was 5.91 times in the retail segment
Bonfiglioli Transmissions IPO non-institutional investor subscription rate was 40.4 times in the non-institutional investor category
Bonfiglioli Transmissions IPO Qualified Institutional Bidder subscription rate was 120.78 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
19 Oct 2026 (Day 3) | 5.91x | 40.4x | 120.78x | 7.43x |
16 Oct 2026 (Day 2) | 1.16x | 1.71x | 0.16x | 2.1x |
15 Oct 2026 (Day 1) | 0.57x | 0.78x | 0.08x | 1.38x |
Bonfiglioli Transmissions FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1CY26 | 1,131.9 | 148.6 | 129.9 | 89.1 | 19.8% |
| H1CY25 | 960.4 | 115.0 | 68.7 | 45.9 | 18.4% |
| CY25 | 2,013.5 | 237.9 | 187.7 | 135.8 | 18.4% |
| CY24 | 1,854.2 | 195.2 | 188.4 | 146.1 | 15.9% |
| CY23 | 1,687.3 | 148.5 | 198.2 | 78.1 | 14.5% |
Bonfiglioli Transmissions IPO SUBSCRIPTION STATUS DETAILS
Bonfiglioli Transmissions has 43.2 M shares on offer
Bonfiglioli Transmissions IPO offer price is in the range ₹558 - ₹586
Bonfiglioli Transmissions IPO minimum Investment is ₹13950
Bonfiglioli Transmissions IPO issue size is ₹ 24,127.4 M - ₹ 25,338.1 M
Bonfiglioli Transmissions has a minimum lot size of 25 Shares per application
Bonfiglioli Transmissions NUMBER OF SHARES ON OFFER
Total43.2 M
Fresh Issue0
Offer for Sale43.2 M
Post Issue Promoter Holding %77 %
Bonfiglioli Transmissions IPO IMPORTANT DATES
| Issue Open Date | 15 Oct 2026 |
| Issue close Date | 19 Oct 2026 |
| Allotment Date | 21 Oct 2026 |
| Refund Date | 22 Oct 2026 |
| Demat Account Credit Date | 22 Oct 2026 |
| Listing Date | 23 Oct 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Bonfiglioli Transmissions Allotment Status | Exchange/ Registrar |
Bonfiglioli Transmissions IPO subscription opens on 15 Oct 2026, and closes on 19 Oct 2026
IPO allotment for Bonfiglioli Transmissions is expected to be finalized on Wednesday, 21 Oct 2026
IPO listing for Bonfiglioli Transmissions will be on NSE and BSE on Friday, 23 Oct 2026
Bonfiglioli Transmissions IPO LISTING GAINS
| Issue Price (adjusted) | 586.0 |
| Listing Open Price | 586.0 |
| Listing Close Price | - |
| Listing Gain% | 0.0% |
| Current Gain% | -2.0% |
Bonfiglioli Transmissions Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bonfiglioli Transmissions Ltd. | 574.5 | 10800.4 | 165.4 | 0.7 | 8.9 | 9.4 | 5.1 | 1218.7 | 17.6 | 65.3 | 220.7 | 3.5 | 220.7 |
| Esab India Ltd. | 5307.5 | 8169.8 | 36.8 | 1.3 | 5.2 | 48.1 | 29.6 | 1514.2 | 9.6 | 206.7 | 17.8 | 144.1 | 29.1 |
| Shivalik Bimetal Controls Ltd. | 902.8 | 5200.5 | 49 | 1.7 | 8.4 | 19.9 | 15.1 | 583.1 | 11.9 | 95.9 | 24.4 | 18.4 | 29.3 |
| Ador Welding Ltd. | 1295.3 | 2254.2 | 19.5 | 0.2 | 1.8 | 14.8 | 9.8 | 1158.2 | 1.5 | 82 | 36.5 | 66.3 | 111.6 |
| Diffusion Engineers Ltd. | 394.4 | 1475.9 | 27 | 0.8 | 3.4 | 12.4 | 9.8 | 421.6 | 22.4 | 50.3 | 40.1 | 14.6 | 33.9 |
| Gala Precision Engineering Ltd. | 1024.5 | 1313 | 35.4 | 1 | 4 | 12.1 | 9.5 | 319.9 | 32.1 | 35.5 | 32.2 | 29 | 37.2 |
Annual
Balance Sheet
Ratios
Cash Flow
Bonfiglioli Transmissions annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
| Indicator | Graph | Dec '25 | Dec '24 | Dec '23 |
|---|---|---|---|---|
| 2,023.6 | 1,861.2 | 1,701.8 | ||
Operating Exp. Ann. | 1,642.8 | 1,559.1 | 1,443.4 | |
Operating Profit Ann. | 370.8 | 295.1 | 243.9 | |
OPM Ann. % | 18.32% | 15.85% | 14.33% | |
| 1,698.4 | 1,616.2 | 1,493.6 | ||
EBITDA Ann. | 380.8 | 302.1 | 258.4 | |
EBITDA Ann. margin % | 18.82% | 16.23% | 15.18% | |
Interest Ann. | 7.8 | 10.4 | 13.1 | |
Depr. | 47.8 | 46.6 | 37.1 | |
PBT Ann. | 325.2 | 245 | 208.2 | |
Tax Ann. | 87.4 | 53.4 | 61.5 | |
| 237.9 | 191.6 | 146.7 | ||
Net Profit Ann. | 237.9 | 195.2 | 148.5 | |
NPM Ann. % | 11.81% | 10.52% | 8.80% | |
EPS Adj. latest Ann. | 12.7 | 10.4 | 7.9 |
*All financials are in INR Cr and price data in INR
Add metric to table
Search...
Total Rev. Ann.
1Y CHG
8.7%
2Y CAGR
9%
Net Profit Ann.
1Y CHG
21.9%
2Y CAGR
26.6%
Operating Exp. Ann.
1Y CHG
5.4%
2Y CAGR
6.7%
Bonfiglioli Transmissions IPO Reports
Bonfiglioli Transmissions INFORMATION ON IPO ISSUE
About Bonfiglioli Transmissions
Bonfiglioli Transmissions was incorporated on April 1, 2003. The company is one of India’s largest technology-driven providers of mechanical and electro-mechanical power transmission and industrial drive solutions by revenue. It manufactures precision-engineered gearboxes and drive systems serving Industry & Automation, Off-Highway Mobility, and Wind sectors, and is a leading supplier to OEMs and end-users in India
Object of the Issue
- To carry out the offer for sale of up to 46,998,959 equity shares of face value of Rs 10 each by the promoter selling shareholder
- To achieve the benefits of listing the equity shares on the stock exchanges
Bonfiglioli Transmissions - PROMOTERS
| Name |
|---|
| Sonia Bonfiglioli |
| Luciano Bonfiglioli |
| Luisa Lusardi |
| Bonfiglioli S.p.A. |
| BON-FI S.r.l. |
Bonfiglioli Transmissions - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Ravindra Pisharody | Chairperson & Independent Director |
| Sonia Bonfiglioli | Non-Executive & Non-Independent Director |
| Massimo Sarti | Non-Executive & Non-Independent Director |
| Marco Mossuto | Non-Executive & Non-Independent Director |
| Kennady V Kaippally | Managing Director |
| Gatham Anandhan Balaji | Whole-Time Director & Chief Financial Officer |
| Rossella Schiavini | Independent Director |
| Ananthanarayan Sundaresan | Independent Director |
Bonfiglioli Transmissions Book Running Lead Manager
Axis Capital Limited
bonfiglioli.ipo@axiscap.in
BNP Paribas
list.cib.bonfiglioliipo@asia.bnpparibas.com
ICICI Securities Limited
bonfigliolitransmissions.ipo@icicisecurities.com
Jefferies India Private Limited
bonfiglioli.transmission.ipo@jefferies.com
Bonfiglioli Transmissions Registrar to the Offer
MUFG Intime India Private Limited
bonfigliolitransmissions.ipo@in.mpms.mufg.com
Bonfiglioli Transmissions Strengths
Diversified across business verticals
The company manufactures mission-critical, precision-engineered gear motors, gearboxes, and drive systems serving Industry & Automation, Off-Highway Mobility, and Wind sectors. It has supplied over 10,500 SKUs and is among the few major gearbox providers with a comprehensive portfolio across these end markets
Strength
End-to-end capabilities
The company is the largest manufacturer in India of gearboxes and drives for OEMs and end-users in Industry & Automation, Off-Highway Mobility, and Wind sectors by revenue as of September 30, 2025. Its leadership is driven by end-to-end technology capabilities spanning design to supply of gearboxes, motors, inverters, and complete power and control solutions
Strength
Client relationship
The company has served over 1,000 customers across its business verticals and has maintained relationships of more than 10 years with six of its top 10 OEM clients, reflecting strong reliability and long-term partnerships. Its customer base includes leading OEMs across Industry & Automation, Off-Highway Mobility, and Wind sectors
Strength
Bonfiglioli Transmissions Risks
Geographically concentrated
The company’s operations depend on its manufacturing facilities in Tamil Nadu and Maharashtra, which serve OEMs across Industry & Automation, Off-Highway Mobility, and Wind sectors. Any unplanned or prolonged disruption at these facilities may adversely impact its business performance, financial condition, and cash flows
Risk
Competition
The company operates in a highly competitive and price-sensitive gearbox and drive systems market, facing strong domestic and global players across Industry & Automation, Off-Highway Mobility, and Wind sectors. Intensifying competition and technologically advanced product offerings may adversely impact its market position and operations
Risk
Expansion & cost overrun risks
The company’s capacity expansion plans, including new facilities in Maharashtra and electric motor manufacturing in Tamil Nadu, are subject to risks such as implementation delays and cost overruns. The proposed Talegaon facility is contingent upon transfer of leasehold rights and regulatory approvals, and any delay or uncertainty in these processes may impact expansion timelines and growth plans
Risk
IPO FAQs
This IPO consists of an offer for sale of up to Rs 2,533.8 crore, of 43,239,042 shares.
The promoters of the company are Sonia Bonfiglioli, Luciano Bonfiglioli, Luisa Lusardi, Bonfiglioli S.p.A. and BON-FI S.r.l..
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 558.0 - 586.0.
The IPO application opens on Oct 15, 2026 and closes on Oct 19, 2026.
The minimum lot size for the IPO is 25. The maximum lot size for the IPO is 325.
For all category investors, the minimum application amount for this IPO is Rs. 13,950.0, the maximum value for this IPO is Rs 190,450.0.
This IPO will be allotted on Oct 21, 2026.
The refund will be credited to your account on Oct 22, 2026.
The allotted shares will be credited to your demat on Oct 22, 2026.
Bonfiglioli Transmissions Ltd.’s shares will list on the stock exchanges on Oct 23, 2026.