Bonfiglioli Transmissions IPO: Dates, Price Band, GMP and What the Prospectus Shows
Bonfiglioli Transmissions' IPO opens on 15 October 2026 and closes on 19 October 2026, at ₹558–₹586 a share. The dates, the money, the ratios the prospectus discloses, and an honest note on the grey-market number.
In short
- Bidding runs 15 October 2026 to 19 October 2026, at a price band of ₹558–₹586.
- One lot is 25 shares, so the minimum application is ₹14,650 at the upper band.
- At the upper band the issue is priced at roughly 46.3 times disclosed FY26 earnings.
- Listing is expected on 23 October 2026.
Bonfiglioli Transmissions' IPO opens on 15 October 2026 and closes on 19 October 2026, at a price band of ₹558–₹586 a share for a total of ₹2,533.81 crore.
This page sets out what the filings actually say — the dates, the money, the ratios the prospectus discloses and the grey-market number doing the rounds — and is deliberately clear about which of those is a fact and which is a rumour. Live status, subscription and documents for this issue sit on its IPO Center page.
The offer, in the numbers that decide what you pay
- Price band: ₹558 to ₹586 per share, face value ₹10
- Lot size: 25 shares
- Minimum application: ₹14,650 at the upper band — one lot
- Total issue: ₹2,533.81 crore
- Type: Book Building
- Registrar: MUFG Intime India Private Limited
- Book-running lead managers: Axis Capital Limited, BNP Paribas, ICICI Securities Limited and Jefferies India Private Limited
A retail application is capped at ₹2,00,000, so the most you can put in is 13 lots — ₹1,90,450 at the upper band. Bidding above that moves an application into the non-institutional category, where the allotment maths is different. QIB, NII and retail categories explains what changes.
Who the shares are reserved for, and what that tells you
The issue reserves 50% for qualified institutional buyers, 15% for non-institutional investors and 35% for retail.
That is the standard split for an issuer meeting the ICDR track-record test. Retail gets a third of the book, which is the more forgiving of the two structures when an issue is heavily subscribed.
The financials the prospectus actually discloses
These are the ratios from the company's own red herring prospectus, for the financial year ended 31 March 2026. We checked each of them against that document rather than taking them from an aggregator.
- Earnings per share: ₹12.65
- Net asset value per share: ₹52.82
- Return on net worth: 23.90%
- Return on equity: 25.66%
- Return on capital employed: 34.05%
- Operating EBITDA margin: 18.41%
At the upper band of ₹586, the issue is priced at about 46.3 times FY26 earnings. That is roughly 11.1 times the disclosed net asset value of ₹52.82 a share. Both are arithmetic on the two numbers above, not a valuation opinion — a multiple only means something next to comparable companies, which is what peer comparison in an IPO is for.
The grey market number, and what it is not
Our desk has no grey-market reading for this issue. A blank is not a zero: it means nobody has given us a number we are willing to publish.
Now the caveat, and it is not a formality. The grey market is an unofficial, unregulated market in applications and allotments. It is not an exchange, the price is not a quotation, nobody supervises it, and the number changes daily on thin volume. It has been badly wrong in both directions. Treat it as sentiment, never as a forecast — grey-market premium risks sets out how it goes wrong, and IPO GMP explained covers what it is.
The dates that matter after you apply
- Bidding opens: 15 October 2026
- Bidding closes: 19 October 2026
- Basis of allotment: 21 October 2026
- Refunds initiated: 22 October 2026
- Shares credited to demat: 22 October 2026
- Listing: 23 October 2026
Bids have to be in before the close on the final day — an application after the cut-off does not count, and neither does a UPI mandate you never approved. That mandate is the single most common reason a valid-looking application fails; UPI mandate failures explains what goes wrong and the UPI IPO process covers doing it right.
Allotment is decided by the registrar, MUFG Intime India Private Limited, and in an oversubscribed retail category it is a lottery on lots rather than a proportionate cut. How to check your allotment status and the basis of allotment cover both halves of that.
Before you decide
Nothing on this page is a recommendation. It is the filing, the arithmetic on it, and one unofficial number clearly labelled as such. IPO risks for retail investors is worth reading precisely when an issue is being written about enthusiastically.
Figures come from the company's red herring prospectus and from NSE's issue data as at the dates stated, and issues change: bands are revised, dates move, and an issue can be withdrawn. Verify against the final prospectus before you apply. CAPITA1 is an information service, not a broker, and is not registered with SEBI as an investment adviser — nothing here is investment advice.
Frequently asked questions
What is the minimum investment in the Bonfiglioli Transmissions IPO?
One lot of 25 shares at the upper band of ₹586 — ₹14,650. An application could not be for less than one lot, and a retail application is capped at ₹2,00,000.
When does the Bonfiglioli Transmissions IPO open and close?
Bidding opens on 15 October 2026 and closes on 19 October 2026. Applications submitted after the cut-off on the closing day are not considered.
When is the Bonfiglioli Transmissions IPO allotment and listing?
The basis of allotment is expected on 21 October 2026, with listing expected on 23 October 2026. These are the dates in the offer document, and a date still ahead can move.
What is the Bonfiglioli Transmissions IPO GMP today?
We have no grey-market reading we are willing to publish for this issue. GMP is unofficial in any case — it is not quoted by any exchange and no regulator supervises it.
What is the Bonfiglioli Transmissions IPO valuation?
At the upper band of ₹586 and disclosed FY26 earnings per share of ₹12.65, the issue is priced at about 46.3 times earnings, and about 11.1 times its disclosed net asset value of ₹52.82. That is arithmetic, not an opinion on whether it is cheap.
Who is the registrar for the Bonfiglioli Transmissions IPO?
MUFG Intime India Private Limited. The registrar runs the basis of allotment and is where you check your application status once allotment is finalised.
Is the Bonfiglioli Transmissions IPO a mainboard or SME issue?
It is a mainboard issue, which carries the full disclosure and eligibility requirements of the ICDR Regulations and lists on the main exchange platform.