Bonfiglioli Transmissions Ltd IPO
Status: Closed
Overview
IPO date
15 Oct 2026 to 19 Oct 2026
Face value
₹ 10 per share
Price
₹ 558 to ₹586 per share
Issue Size
43,239,042 shares
(aggregating up to ₹ 2533.81 Cr)
(aggregating up to ₹ 2533.81 Cr)
Allotment Date
21 Oct 2026
Listing at
NSE
Issue type
Book Building
Sector
Engineering
Unlock Stock of the Month
T&C*
Strengths vs Risks of Bonfiglioli Transmissions Ltd
Know the pros & cons
Strengths
- End-to-end technology-led power transmissions and industrial drive solutions provider across business verticals.
- Highly diversified offerings across business verticals and customer industries.
- Established parentage and trusted brand backed by global and local R&D capabilities.
- Deep relationships with marquee customers built through decades of collaboration, a strong sales team and dealer network and after-sales service support.
- State-of-the-art manufacturing infrastructure with embedded industry 4.0 principles supported by an efficient and localized supply chain network.
- Stable and experienced management team delivering strong financial performance.
Risks
- The company depends on a limited number of suppliers for procurement of raw materials and components required for its manufacturing operations. The company's largest supplier is Bonfiglioli Riduttori S.p.A, a related party. Purchases from its related parties represented 15.53%, 16.75%, 15.18%, 17.00% and 19.98%, and purchases from the company's top 10 suppliers represented 40.84%, 41.74%, 41.20%, 45.62% and 47.52% of its total purchases of raw materials and components in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively. As the company does not have definitive agreements with its suppliers, any interruption in the availability of raw materials and components on account of any disruption, breakdown or shutdown of the company's suppliers operations could adversely impact its operations.
- Any increase in the prices of raw materials and components required for the company operations or levy of duties on the materials its import for the company operations, could adversely affect its business, financial condition, results of operations, and cash flows.
- Any unscheduled, unplanned or prolonged disruption of operations at the company's manufacturing facilities could materially and adversely affect its business, financial condition, results of operations and cash flows.
- Any actual or perceived defects in the company's gearboxes and drives systems or the sales and after-sale services provided through dealers or third parties may adversely impact the company's brand, reputation, and ability to sell its products, which could have an adverse impact on the company operations.
- The company depends on BSPA, one of its Corporate Promoters, for certain aspects of the company operations, including the license to manufacture and sell products under its intellectual property including the "Bonfiglioli" trade name and trademark for which the company pay a consideration of 6% of its annual sales of the specified products (excluding sales to BSPA and net of discounts and allowances). Any adverse change in the company's relationship with BSPA could have an adverse impact on its business, financial condition, results of operations, cash flows and reputation.
- The company depends on BSPA, one of its Corporate Promoters, and other companies in the Bonfiglioli Group for certain aspects of the company operations including administrative and corporate services. Any adverse change in its relationship with BSPA and the companies in the Bonfiglioli Group could have an adverse impact on the company's business, financial condition, results of operations, cash flows and reputation.
- The company has entered into and will continue to enters into related party transactions with BSPA and companies within the Bonfiglioli Group that may involve conflicts of interest, which could adversely impact the company's business. The arithmetic aggregate absolute total of income from related parties represented 19.91%, 14.29%, 15.59%, 17.66% and 17.70% of its total income in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively, while the arithmetic aggregate absolute total of expenses from related parties represented 32.71%, 32.38%, 24.83%, 25.20% and 28.66% of the company's total expenses in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively.
- The company depends on a limited number of customers for its sales, and revenue from the company's top 10 OEM customers represented 31.72%, 37.83%, 36.60%, 34.38% and 32.82% of its total revenue from operations (continuing operations) in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively. As the company does not have long-term binding agreements with all its customers, any reduction in orders from, or loss of, any of the company's major customers could adversely affect its business, financial condition, results of operations and cash flows.
- Failures to successfully commercialise co-engineered products could adversely affect the company's business, financial condition, results of operations, and cash flows.
- Certain corporate records and forms filed by the company with the RoC, are not traceable. While the company has conducted a search with the RoC, in respect of the unavailability of such forms and other records, its cannot assure you that such forms or records will be available at all or any time in the future.
- The company may not be able to compete successfully in the highly competitive, price sensitive, and fast evolving market for gearboxes and drives systems which could have an adverse impact on its operations.
- The company's inability to accurately forecast order volumes or optimally schedule production, may lead to under or over capacity utilisation, which could adversely affect its manufacturing schedules and related costs.
- The company's ongoing and proposed capacity addition plans are subject to the risk of unanticipated delays in implementation and cost overruns.
- The company partly depends on its dealer network for the sale of the company's gearboxes and the provision of services, including after-sale services to customers under its Industry & Automation Solutions ("I&A") vertical. Any disruption in this network could adversely affect the company's business, financial condition, results of operations, and cash flows.
- The company's manufacturing facilities at Talegaon (Maharashtra) and Mannur (Tamil Nadu) are not located on land owned by it and the company has only leasehold rights. In the event its lose or are unable to renew such leasehold rights, the company's business, financial condition, results of operations and cash flows may be adversely affected.
- The company's global sales involve challenges and risks including in relation to inflation, exposure to foreign exchange fluctuations, trade restrictions, geopolitical developments and compliance with international laws, that could increase its costs, adversely affect the company's business, financial condition, results of operations, cash flows and requires increased time and attention from its management.
- There are outstanding legal proceedings involving the Company, directors and promoters. Any adverse outcome in such proceedings may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
- The company's Statutory Auditor's examination report on its restated financial statements discloses certain modifications and certain matters specified in the Companies (Audit and Auditors) Rules, 2014 and Companies Auditor's Report Order, 2020, that were included in the reports for the audited financial statements for the six months periods ended June 30, 2026 and June 30, 2025, and Fiscals 2025, 2024 and 2023.
- There have been delays in payment of statutory dues by the Company. Inability to make timely payment of its statutory dues could result the company into paying interest on the delay in payment of statutory dues which could adversely affect its business, financial condition, results of operations, and cash flows.
- After the completion of the Offer, one of the company's Corporate Promoters, Bonfiglioli S.p.A will continue to hold substantial shareholding in the Company.
- The company or BSPA may not succeed in continuing to establish, maintain and strengthen the "Bonfiglioli" brand and the brand could be harmed by complaints and negative publicity, in India and globally, which could have an adverse impact on its reputation, business, financial condition, results of operations, and cash flows.
- The company's substantially depends on the sales of yaw and pitch drives to the Wind Industry, and low to medium duty gear motors to customers in the Industry & Automation vertical. Any decrease in the demand for or disruption in the manufacture of these products, could adversely impact its operations.
- The company requires certain approvals and licences in the ordinary course of business, and the failures to obtain or retain them in a timely manner may adversely affect its operations.
- Non-compliance with, and changes in, safety, health and environmental laws and various labour, workplace and related laws and regulations may increase the company's compliance costs and as such adversely affect its business, financial condition, results of operations, cash flows, and prospects.
- The company has not been able to obtain certain records of educational qualifications of one of its Individual Promoters.
- The company's business depends substantially on the continued efforts of its management including members of the company's Senior Management and other qualified personnel, and its operations may be disrupted if the company lose their services.
- The company uses heavy machinery at its manufacturing facilities which could cause bodily harm and accidents, which in turn could adversely impact the company operations.
- The company's warranty reserves may be insufficient to cover future warranty claims, which could adversely affect its business, financial condition, results of operations, and cash flows.
- The company may be negatively impacted by any early obsolescence of its manufacturing equipment and the spare parts or software used in such equipment.
- Disruptions of transportation network and transportation infrastructure or deficiencies in service provided by the company's logistic service providers may have an adverse effect on its business, financial condition, results of operations, and cash flows.
- The company's manufacturing operations may be subject to strikes, work stoppages or increased wage demands by its employees or the employees of the company's sub-contractors.
- The company EBITDA (excluding Other Income) Margin and PAT Margin were the lowest among its listed industry peers in Fiscals 2024 and 2023, and lower than certain of the company's listed industry peers in Fiscal 2025. The company's inability to improve its operating and profitability margins in the future may adversely affect the company's business, financial condition, results of operations and cash flows, and its ability to compete effectively with the company's listed peers.
- The company may be unable to adequately protect its intellectual property rights and those of the Bonfiglioli Group and an infringement of such intellectual property may substantially harm the company's business.
- The company requires power, fuel and water for its operations and any disruption to the supply of power, fuel or water could disrupt the company's manufacturing operations and increase its production costs, which could adversely affect the company's results of operations.
- The company relies primarily on third-party insurance policies to insure its operations-related risks. If the company's insurance coverage is inadequate, it may have an adverse effect on the company's business, financial condition, results of operations, and cash flows.
- The company has certain contingent liabilities as per Ind AS-37 "Provisions, Contingent Liabilities and Contingent Assets", and the company's business, financial condition, results of operations, and cash flows could be adversely affected if any of these contingent liabilities materialise.
- The company's inability to collect receivables and default in payment from its customers could adversely affect the company's cash flows.
- If the company is unable to establish and maintain effective internal controls and a compliance system, its business and reputation could be adversely affected.
- The company has used information from the F&S Report which has been commissioned and paid for by the Company for industry related data in this Red Herring Prospectus and any reliance on such information is subject to inherent risks.
- Two of the company's manufacturing facilities are located in the Kancheepuram district of Tamil Nadu and any adverse development affecting such region may have an adverse effect on its business, prospects, financial condition and results of operations.
- Internal or external fraud or misconduct by the company's employees could adversely affect its reputation, business, financial condition, results of operations, and cash flows.
- Technology failures could disrupt the company operations and adversely affect its business operations and financial performance.
- A majority of the company's Directors does not have prior experience of holding a directorship in a company listed on the Stock Exchanges.
- The withdrawal, cessation, reversal of benefits and exemptions availed by the Company could have a material adverse effect on its business, operations, prospects or financial results.
- Information relating to the available capacity and capacity utilization of the company's manufacturing facilities included in this Red Herring Prospectus are based on various assumptions and estimates and future production and capacity may vary.
- The company's Promoters may have interest other than reimbursement of expenses incurred and normal remuneration or benefits.
- Certain of the company's Promoters and Directors may be involved with ventures which are in the same line of business as the Company. This may involve conflict of interests, which could adversely impact its business.
- The company depends on contractors and sub-contractors for the timely and successful completion of construction works, and their failures to complete the project on time or at all may adversely affect the company's business and profitability.
- The company has in this Red Herring Prospectus included certain non-generally accepted accounting principle ("Non-GAAP") financial measures related to its operations and financial performance. These Non- GAAP measures may vary from any standard methodology that is applicable across the industry in which the company operates, and therefore may not be comparable with financial or statistical information of similar nomenclature computed and presented by other companies.
- The average cost of acquisition of Equity Shares by the company's Promoter may be less than the Offer Price.
- The Offer Price, enterprise-value to revenue multiple and enterprise-value-to-EBITDA ratio based on the Offer Price of the Company, may not be indicative of the market price of the Company on listing or thereafter.
- The requirements of being a listed company may strain its resources which may have a material adverse impact on the company operations.
Bonfiglioli Transmissions Ltd Peer Comparison
Understand the company’s industry standing
Bonfiglioli Transmissions Ltd
Elecon Engineering Company Ltd
Shanthi Gears Ltd
Face Value
10
1
1
Standalone / Consolidated
Consolidated
Consolidated
Consolidated
Total Income Rs. Cr.
2013.53
2366.05
518.72
EPS-Basis
12.65
15.2
9.99
EPS-Diluted
12.65
15.2
9.99
NAV Per Share
52.82
102.65
57.36
P/E-Basic EPS
---
31.63
63.39
P/E-Diluted EPS
---
---
---
RONW(%)
23.96
14.81
17.42
Latest NAV Period
---
---
---
Latest NAV
---
---
---
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The IPO opens on 15 Oct 2026 & closes on 19 Oct 2026.
Bonfiglioli Transmissions Limited was originally incorporated as Bonfiglioli Deepak Private Limited' at Chennai, Tamil Nadu, India, as a private limited company , dated June 23, 1998, with Registrar of Companies, Tamil Nadu. Subsequently, the name of the Company was changed from Bonfiglioli Deepak Private Limited' to Bonfiglioli Transmissions Private Limited', and a fresh certificate of incorporation dated September 25, 1998, was issued by the RoC. The name of the Company was further changed to Bonfiglioli Transmissions Limited', dated September 16, 2025, vide fresh certificate issued by the Central Processing Centre.
Founded by Bonfiglioli S.p.A, Company is one of India's largest technology players in mechanical and electro-mechanical power transmissions and industrial drive solutions. It manufacture a wide range of mission-critical and highly precision engineered gearboxes and drive systems used across diverse end user markets. It focuses on the development, manufacture and distribution of gearboxes and drive systems to cater to the needs of industrial processes, automation services, off-highway mobility solutions and renewable energy applications.
Initially, Company operated three facilities in India, two of which were in Tamil Nadu (at Thirumudivakkam and Mannur) and one in Maharashtra (in Talegaon), that manufactured a combined total of 330,057 units of gear motors and gearboxes in 2024.
The Company provided complete power and control solutions for battery swapping applications in electric vehicles at charging stations, including gear motors, inverters, cables and accessories to facilitate 5 five different types of functions in vertical, horizontal, indexing, forking and push/ pull operations.
The Company has commenced manufacturing electric motors at Mannur facility in Tamil Nadu in October 2025.
The Company has acquired the business undertaking of Bonfiglioli Drive Solutions Pvt Ltd (BDSPL) as a going concern via slump sale dated December 15, 2025.
Company has filed a Draft Prospectus with SEBI and is planning to issue 46,998,959 equity shares of Rs 10 each through Offer for Sale.
Bonfiglioli Transmissions Ltd IPO will close on 19 Oct 2026.
- End-to-end technology-led power transmissions and industrial drive solutions provider across business verticals.
- Highly diversified offerings across business verticals and customer industries.
- Established parentage and trusted brand backed by global and local R&D capabilities.
- Deep relationships with marquee customers built through decades of collaboration, a strong sales team and dealer network and after-sales service support.
- State-of-the-art manufacturing infrastructure with embedded industry 4.0 principles supported by an efficient and localized supply chain network.
- Stable and experienced management team delivering strong financial performance.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Bonfiglioli S.p.A. | 187995834 | 100 | 144756792 | 77 |
- The company depends on a limited number of suppliers for procurement of raw materials and components required for its manufacturing operations. The company's largest supplier is Bonfiglioli Riduttori S.p.A, a related party. Purchases from its related parties represented 15.53%, 16.75%, 15.18%, 17.00% and 19.98%, and purchases from the company's top 10 suppliers represented 40.84%, 41.74%, 41.20%, 45.62% and 47.52% of its total purchases of raw materials and components in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively. As the company does not have definitive agreements with its suppliers, any interruption in the availability of raw materials and components on account of any disruption, breakdown or shutdown of the company's suppliers operations could adversely impact its operations.
- Any increase in the prices of raw materials and components required for the company operations or levy of duties on the materials its import for the company operations, could adversely affect its business, financial condition, results of operations, and cash flows.
- Any unscheduled, unplanned or prolonged disruption of operations at the company's manufacturing facilities could materially and adversely affect its business, financial condition, results of operations and cash flows.
- Any actual or perceived defects in the company's gearboxes and drives systems or the sales and after-sale services provided through dealers or third parties may adversely impact the company's brand, reputation, and ability to sell its products, which could have an adverse impact on the company operations.
- The company depends on BSPA, one of its Corporate Promoters, for certain aspects of the company operations, including the license to manufacture and sell products under its intellectual property including the "Bonfiglioli" trade name and trademark for which the company pay a consideration of 6% of its annual sales of the specified products (excluding sales to BSPA and net of discounts and allowances). Any adverse change in the company's relationship with BSPA could have an adverse impact on its business, financial condition, results of operations, cash flows and reputation.
- The company depends on BSPA, one of its Corporate Promoters, and other companies in the Bonfiglioli Group for certain aspects of the company operations including administrative and corporate services. Any adverse change in its relationship with BSPA and the companies in the Bonfiglioli Group could have an adverse impact on the company's business, financial condition, results of operations, cash flows and reputation.
- The company has entered into and will continue to enters into related party transactions with BSPA and companies within the Bonfiglioli Group that may involve conflicts of interest, which could adversely impact the company's business. The arithmetic aggregate absolute total of income from related parties represented 19.91%, 14.29%, 15.59%, 17.66% and 17.70% of its total income in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively, while the arithmetic aggregate absolute total of expenses from related parties represented 32.71%, 32.38%, 24.83%, 25.20% and 28.66% of the company's total expenses in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively.
- The company depends on a limited number of customers for its sales, and revenue from the company's top 10 OEM customers represented 31.72%, 37.83%, 36.60%, 34.38% and 32.82% of its total revenue from operations (continuing operations) in the six months periods ended June 30, 2026 and 2025 and in Fiscals 2025, 2024 and 2023, respectively. As the company does not have long-term binding agreements with all its customers, any reduction in orders from, or loss of, any of the company's major customers could adversely affect its business, financial condition, results of operations and cash flows.
- Failures to successfully commercialise co-engineered products could adversely affect the company's business, financial condition, results of operations, and cash flows.
- Certain corporate records and forms filed by the company with the RoC, are not traceable. While the company has conducted a search with the RoC, in respect of the unavailability of such forms and other records, its cannot assure you that such forms or records will be available at all or any time in the future.
- The company may not be able to compete successfully in the highly competitive, price sensitive, and fast evolving market for gearboxes and drives systems which could have an adverse impact on its operations.
- The company's inability to accurately forecast order volumes or optimally schedule production, may lead to under or over capacity utilisation, which could adversely affect its manufacturing schedules and related costs.
- The company's ongoing and proposed capacity addition plans are subject to the risk of unanticipated delays in implementation and cost overruns.
- The company partly depends on its dealer network for the sale of the company's gearboxes and the provision of services, including after-sale services to customers under its Industry & Automation Solutions ("I&A") vertical. Any disruption in this network could adversely affect the company's business, financial condition, results of operations, and cash flows.
- The company's manufacturing facilities at Talegaon (Maharashtra) and Mannur (Tamil Nadu) are not located on land owned by it and the company has only leasehold rights. In the event its lose or are unable to renew such leasehold rights, the company's business, financial condition, results of operations and cash flows may be adversely affected.
- The company's global sales involve challenges and risks including in relation to inflation, exposure to foreign exchange fluctuations, trade restrictions, geopolitical developments and compliance with international laws, that could increase its costs, adversely affect the company's business, financial condition, results of operations, cash flows and requires increased time and attention from its management.
- There are outstanding legal proceedings involving the Company, directors and promoters. Any adverse outcome in such proceedings may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
- The company's Statutory Auditor's examination report on its restated financial statements discloses certain modifications and certain matters specified in the Companies (Audit and Auditors) Rules, 2014 and Companies Auditor's Report Order, 2020, that were included in the reports for the audited financial statements for the six months periods ended June 30, 2026 and June 30, 2025, and Fiscals 2025, 2024 and 2023.
- There have been delays in payment of statutory dues by the Company. Inability to make timely payment of its statutory dues could result the company into paying interest on the delay in payment of statutory dues which could adversely affect its business, financial condition, results of operations, and cash flows.
- After the completion of the Offer, one of the company's Corporate Promoters, Bonfiglioli S.p.A will continue to hold substantial shareholding in the Company.
- The company or BSPA may not succeed in continuing to establish, maintain and strengthen the "Bonfiglioli" brand and the brand could be harmed by complaints and negative publicity, in India and globally, which could have an adverse impact on its reputation, business, financial condition, results of operations, and cash flows.
- The company's substantially depends on the sales of yaw and pitch drives to the Wind Industry, and low to medium duty gear motors to customers in the Industry & Automation vertical. Any decrease in the demand for or disruption in the manufacture of these products, could adversely impact its operations.
- The company requires certain approvals and licences in the ordinary course of business, and the failures to obtain or retain them in a timely manner may adversely affect its operations.
- Non-compliance with, and changes in, safety, health and environmental laws and various labour, workplace and related laws and regulations may increase the company's compliance costs and as such adversely affect its business, financial condition, results of operations, cash flows, and prospects.
- The company has not been able to obtain certain records of educational qualifications of one of its Individual Promoters.
- The company's business depends substantially on the continued efforts of its management including members of the company's Senior Management and other qualified personnel, and its operations may be disrupted if the company lose their services.
- The company uses heavy machinery at its manufacturing facilities which could cause bodily harm and accidents, which in turn could adversely impact the company operations.
- The company's warranty reserves may be insufficient to cover future warranty claims, which could adversely affect its business, financial condition, results of operations, and cash flows.
- The company may be negatively impacted by any early obsolescence of its manufacturing equipment and the spare parts or software used in such equipment.
- Disruptions of transportation network and transportation infrastructure or deficiencies in service provided by the company's logistic service providers may have an adverse effect on its business, financial condition, results of operations, and cash flows.
- The company's manufacturing operations may be subject to strikes, work stoppages or increased wage demands by its employees or the employees of the company's sub-contractors.
- The company EBITDA (excluding Other Income) Margin and PAT Margin were the lowest among its listed industry peers in Fiscals 2024 and 2023, and lower than certain of the company's listed industry peers in Fiscal 2025. The company's inability to improve its operating and profitability margins in the future may adversely affect the company's business, financial condition, results of operations and cash flows, and its ability to compete effectively with the company's listed peers.
- The company may be unable to adequately protect its intellectual property rights and those of the Bonfiglioli Group and an infringement of such intellectual property may substantially harm the company's business.
- The company requires power, fuel and water for its operations and any disruption to the supply of power, fuel or water could disrupt the company's manufacturing operations and increase its production costs, which could adversely affect the company's results of operations.
- The company relies primarily on third-party insurance policies to insure its operations-related risks. If the company's insurance coverage is inadequate, it may have an adverse effect on the company's business, financial condition, results of operations, and cash flows.
- The company has certain contingent liabilities as per Ind AS-37 "Provisions, Contingent Liabilities and Contingent Assets", and the company's business, financial condition, results of operations, and cash flows could be adversely affected if any of these contingent liabilities materialise.
- The company's inability to collect receivables and default in payment from its customers could adversely affect the company's cash flows.
- If the company is unable to establish and maintain effective internal controls and a compliance system, its business and reputation could be adversely affected.
- The company has used information from the F&S Report which has been commissioned and paid for by the Company for industry related data in this Red Herring Prospectus and any reliance on such information is subject to inherent risks.
- Two of the company's manufacturing facilities are located in the Kancheepuram district of Tamil Nadu and any adverse development affecting such region may have an adverse effect on its business, prospects, financial condition and results of operations.
- Internal or external fraud or misconduct by the company's employees could adversely affect its reputation, business, financial condition, results of operations, and cash flows.
- Technology failures could disrupt the company operations and adversely affect its business operations and financial performance.
- A majority of the company's Directors does not have prior experience of holding a directorship in a company listed on the Stock Exchanges.
- The withdrawal, cessation, reversal of benefits and exemptions availed by the Company could have a material adverse effect on its business, operations, prospects or financial results.
- Information relating to the available capacity and capacity utilization of the company's manufacturing facilities included in this Red Herring Prospectus are based on various assumptions and estimates and future production and capacity may vary.
- The company's Promoters may have interest other than reimbursement of expenses incurred and normal remuneration or benefits.
- Certain of the company's Promoters and Directors may be involved with ventures which are in the same line of business as the Company. This may involve conflict of interests, which could adversely impact its business.
- The company depends on contractors and sub-contractors for the timely and successful completion of construction works, and their failures to complete the project on time or at all may adversely affect the company's business and profitability.
- The company has in this Red Herring Prospectus included certain non-generally accepted accounting principle ("Non-GAAP") financial measures related to its operations and financial performance. These Non- GAAP measures may vary from any standard methodology that is applicable across the industry in which the company operates, and therefore may not be comparable with financial or statistical information of similar nomenclature computed and presented by other companies.
- The average cost of acquisition of Equity Shares by the company's Promoter may be less than the Offer Price.
- The Offer Price, enterprise-value to revenue multiple and enterprise-value-to-EBITDA ratio based on the Offer Price of the Company, may not be indicative of the market price of the Company on listing or thereafter.
- The requirements of being a listed company may strain its resources which may have a material adverse impact on the company operations.
The Issue type of Bonfiglioli Transmissions Ltd is Book Building.
The minimum application for shares of Bonfiglioli Transmissions Ltd is 25.
The total shares issue of Bonfiglioli Transmissions Ltd is 43239042.
Initial public offer of up to 43,239,042 equity shares of face value of Rs. 10 each ("Equity Shares") of Bonfiglioli Transmissions Limited ("The Company" or the "Issuer") for cash at a price of Rs. 586 per equity share (including a premium of Rs. 576 per equity share) ("Offer Price") aggregating to Rs. 2533.66 Crores through an offer for sale (the "Offer") of up to 43,239,042 equity shares of face value of Rs. 10 each aggregating to Rs. 2533.66 Crores (the "Offer for Sale" and such equity shares, the "Offered Shares") by Bonfiglioli S.P.A. ("Promoter Selling Shareholder"). The offer includes a reservation of up to 48,600 equity shares of face value of Rs. 10 each, aggregating up to Rs. 2.85 Crores (constituting up to 0.11% of the post-offer paid-up equity share capital of the company), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the brlms may offered a discount of up to Rs. 29 of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the " Net Offer". The offer and the net offer shall constitute 23.00% and 22.97% of the post-offer paid-up equity share capital of the company, Respectively.
Price Band: Rs. 586 per equity share bearing face value of Rs. 10 each.
The floor price is cap price is 58.60 times of the face value of the equity shares.
Bids can made for a minimum of 25 equity shares of face value of Rs. 10 each and in multiples of 25 equity shares of face value of Rs. 10 each thereafter.
A discount of Rs. 29 per equity share is being offered to eligible employees bidding in the employee reservation portion.