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News Details

12/10/2026 17:30

Bonfiglioli Trans. announces launch of initial public offering

Bonfiglioli Transmissions Ltd. has announced public offering of 43239042 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 576.00 per share. The gross proceeds of the issue are expected to be Rs 2,53,380.79 lakhs.

The company's initial public offer (IPO) will open on 15 October 2026 and is expected to close on 19 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 558.00-586.00 per share.

The IPO includes a fresh Issue of 43239042 Equity Shares of the Company at an price of Rs 586.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 25 shares with bids in multiples of 25.

Bonfiglioli Transmissions Ltd. anticipates using the proceeds of the issue for .

Axis Capital Ltd.,BNP Paribas,Jefferies India Pvt. Ltd.,ICICI Securities Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.