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Bonfiglioli Transmissions IPO GMP Soars 31 Percent Ahead of Tomorrow Launch
- •Bonfiglioli Transmissions India commands a strong grey market premium of nearly 31 percent ahead of its Rs 2,533.6-crore IPO opening on October 15.
- •The price band for the IPO is fixed at Rs 558 to Rs 586 per share, valuing the company at approximately Rs 11,016 crore at the upper end.
- •The public issue is entirely an offer for sale of 4.32 crore equity shares by the promoter Bonfiglioli S.p.A.
- •For the six months ended June 2026, the company reported a net profit of Rs 148.6 crore, reflecting a 29.2 percent increase year-on-year.
Key Questions Answered
The IPO price band has been fixed at Rs 558 to Rs 586 per share, valuing the company at approximately Rs 11,016 crore at the upper end. The entire public issue is worth Rs 2,533.6 crore and consists solely of an offer for sale.
Of the net offer, 50 percent is reserved for qualified institutional buyers, 15 percent for non-institutional investors, and 35 percent for retail investors. Additionally, 50,000 equity shares are reserved for eligible employees, who will receive a Rs 29 discount per share.
For the six months ended June 2026, Bonfiglioli Transmissions reported a profit of Rs 148.6 crore, marking a 29.2 percent increase year-on-year. Its revenue from operations rose by 17.9 percent to reach Rs 1,131.9 crore for the same half-year period.
