Bonfiglioli Transmissions
GMP
₹66(11.3%)
Price Band
₹558–586
Lot Size
25
shares / lot
Issue Size
₹2,534 Cr
Min. Investment
₹14,650
retail, at cut-off
About Company & Issue Objects
Bonfiglioli Transmissions is an Indian industry leader offering public subscription on the NSE & BSE. The company is raising ₹2,534 Cr to fund capacity expansion, operational scale, and corporate objectives.
Objects of the Issue
- Funding capital expenditure requirements for business expansion and modern technology infrastructure.
- Funding incremental working capital requirements for operations.
- General corporate purposes and debt reduction to optimize capital structure.
Promoters maintain high operational leadership with post-issue holding complying with SEBI minimum public shareholding norms.
Registered Category-I Merchant Bankers
Financial Performance Track Record
Restated consolidated financial performance (in ₹ Crore):
~22% 2-Yr Revenue CAGR| Financial Metric | FY23 (₹ Cr) | FY24 (₹ Cr) | FY25 (₹ Cr) | YoY Growth |
|---|---|---|---|---|
| Revenue from Operations | ₹2919 | ₹3567 | ₹4378 | +23% |
| EBITDA Margin (%) | 16.8% | 17.9% | 18.5% | +60 bps |
| Profit After Tax (PAT) | ₹263 | ₹392 | ₹569 | +45% |
| Net Worth | ₹2503 | ₹3119 | ₹3851 | +23% |
| Diluted EPS (INR) | ₹9.49 | ₹11.13 | ₹12.65 | +14% |
Investment Moats & Key Risks
- Established market presence with diversified multi-channel customer relationships.
- Strong track record of consistent revenue growth and improving operating margins.
- Robust balance sheet with prudent debt-to-equity leverage ahead of issue.
- Strong institutional anchor interest and backing by Tier-1 merchant bankers.
- Sensitivity to broader macroeconomic cycles and key raw material price fluctuations.
- Client concentration risk with top 5 customers contributing significant portion of revenues.
- Working capital intensity requiring continuous cash flow management.
- Regulatory and environmental compliance requirements impacting operational overhead.
Peer Valuation Matrix
Valuation comparison against listed industry peers (P/E at upper band):
Priced in-line with peers| Company | P/E Multiple | RoNW (%) | Annual Revenue |
|---|---|---|---|
Bonfiglioli Transmissions Target | 46.32x | 22.4% | ₹4,561 Cr |
Industry Peer Leader A Ltd | 34.8x | 19.8% | ₹7,094 Cr |
Enterprise Peer B Ltd | 28.5x | 18.2% | ₹3,547 Cr |
Sector Benchmark C Ltd | 30.2x | 24.1% | ₹8,868 Cr |
Subscription Status
Updated 09 Nov, 01:20 am IST
Allotment Odds (Retail)
≈ 1 in 6
17% chance per application
Retail subscribed 5.90×
Expected lots
1.02
Capital needed
₹87,900
Apply with for roughly a 90% shot at one lot.
Estimate from the retail lottery model (~1 ÷ subscription per application). Actual registrar allotment rounds to whole lots and may differ. Each application must use a distinct PAN.
AI Research & Recommendation
Frequently Asked Questions
Timeline
Issue Opens
15 Oct 2026
Issue Closes
19 Oct 2026
Allotment
21 Oct 2026
Listing
23 Oct 2026
Issue Details
- Issue Size
- ₹2,534 Cr
- Price Band
- ₹558–586
- Lot Size
- 25 shares
- Registrar
- KFintech
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One flow for family PANs + UPI tracking
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Verify PAN-wise allotment for this IPO