Bonfiglioli Transmissions IPO is set to enter the Indian primary market on October 15, 2026, and will remain open for subscription until October 19, 2026. The mainboard IPO is a book-built issue comprising an Offer for Sale (OFS) of approximately 4.32 crore equity shares, each with a face value of ?10, at a price band of ?558–?586 per share. The issue is expected to raise approximately ?2,533.66 crore, with the shares proposed to be listed on the BSE and NSE. 

Axis Capital, BNP Paribas, ICICI Securities and Jefferies India are the book-running lead managers, while MUFG Intime India is the registrar. The IPO is being offered by Bonfiglioli S.p.A., the Italian parent company and promoter that owns Bonfiglioli Transmissions Ltd. Since the issue is entirely an OFS, the proceeds will go to the selling promoter rather than to the company.

About Bonfiglioli Transmissions Ltd. 

Bonfiglioli Transmissions Ltd. is a technology-driven company that designs and manufactures mechanical and electro-mechanical power transmission products and industrial drive solutions. Its high-precision gearboxes and drive systems serve industries requiring reliable power transmission and motion control. 

The Company's product portfolio includes low, medium and heavy-duty gear motors and gearboxes with torque capacities ranging from 13 Nm to 1,400 kNm. Its offerings include helical, bevel, planetary and worm gearboxes, electric motors, variable frequency drives, servo motors and drives, and precision drives for robotics and automation. 

The Company serves three key segments: Industry and Automation Solutions, Off-Highway Mobility, and Wind Industry. It is among India's largest manufacturers of gearboxes and drives in the Industry and Automation Solutions segment, catering to both original equipment manufacturers (OEMs) and end-users. 

Bonfiglioli operates three manufacturing facilities in India, located at Thirumudivakkam and Mannur in Tamil Nadu, and Talegaon in Maharashtra. These facilities produced over 341,133 gear motors and gearboxes in Fiscal 2025. Its customer support network includes 71 touchpoints across India, comprising three manufacturing facilities, 13 sales offices, 13 authorised third-party service facilities and 44 authorised dealers operating 54 outlets. 

As of June 30, 2026, the Company had 285 suppliers, including 215 in India and 70 overseas, with international suppliers located in countries such as Italy, China, the USA and Germany. Its workforce included 1,032 employees and contract workers involved in various operations.