Bonfiglioli Transmissions is flat on debut

The scrip was listed at 43, matching the initial public offer (IPO) price.

So far, the stock has hit a high of Rs 586 and a low of Rs 527.40. On the BSE, over 12.73 lakh shares of the company were traded in the counter so far.

Bonfiglioli Transmissions was subscribed 46.06 times. The issue opened for bidding on 15 October 2026 and closed on 19 October 2026. The price band of the IPO was fixed between Rs 558 and 586 per share.

The offer comprised only an offer for sale (OFS) of 4,32,39,042 equity shares of Rs 10 each by the promoter, Bonfiglioli S.p.A.

Bonfiglioli Transmissions is a technology-led provider of mechanical and electromechanical power transmission and industrial drive solutions, manufacturing precision-engineered gear motors, gearboxes and drive systems for diverse end-user industries. The company caters to three key verticals: Industry and Automation Solutions (IAS), Off-Highway Mobility (OHM) and Wind. Its product portfolio includes helical, bevel, planetary and worm gearboxes; electric motors; variable frequency drives, servo motors, swing and track drives, and yaw and pitch drives. As of 30 June 2026, the company operated three manufacturing facilities in India, located in Tamil Nadu and Maharashtra. It serves a diversified customer base, including OEMs across industrial automation, construction equipment and wind energy, and exports its products to markets including the US, Italy, Germany and China.

Ahead of the IPO, Bonfiglioli Transmissions, on 14 October 2026, raised Rs 759.26 crore from anchor investors. The board allotted 1.29 crore shares at Rs 586 each to 73 anchor investors.

The firm reported a consolidated net profit of Rs 148.58 crore and sales of Rs 1,131.87 crore for the twelve months ended on 31 March 2026.

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