Bonfiglioli Transmissions IPO opens with 30% GMP
In short
Bonfiglioli Transmissions opened its IPO on October 15, 2026. It is looking to raise Rs 2,533.66 crore through an offer for sale, with shares priced at Rs 558-586 each and a 30% grey market premium.
The IPO could draw investor attention, and Anand Rathi said investors can subscribe for the long term. But the final demand and listing result are not stated in the available reporting.
What the reporting says
Bonfiglioli Transmissions opened its IPO for subscription on October 15, 2026, aiming to raise Rs 2,533.66 crore through an offer for sale. The price band is Rs 558-586 a share, and publisher summaries said the grey market premium was 30%. Anand Rathi recommended a Subscribe for Long Term rating, while the final subscription and listing outcome are still unknown.
Why it matters
Bonfiglioli Transmissions launched its IPO on October 15, 2026, with a stated fundraising target of Rs 2,533.66 crore through an offer for sale and a price band of Rs 558-586 per share. Publisher summaries also cited a 30% grey market premium and Anand Rathi’s Subscribe for Long Term view. The reporting does not state the eventual subscription numbers or how the stock will perform after listing.