Bonfiglioli Transmissions IPO allotment: How to check status online on NSE, BSE, MUFG Intime India; listing date, time revealed

Bonfiglioli Transmissions IPO allotment status is expected to be finalised on Wednesday, October 21. The bid finalisation details will be out on the websites of MUFG Intime India, NSE and BSE.

The issue was subscribed 46.06 times, as it received bids for 1,39,46,56,825 shares against 3,02,82,330 shares on offer, according to the NSE data.

The quota reserved for qualified institutional buyers (QIBs) mobilised 120.78 times subscription, and the portion for non-institutional investors got 40.40 times subscription. The retail investors category was subscribed 5.91 times.

The IPO was entirely an offer for sale (OFS) of 4.32 crore shares worth ₹2,533.66 crore by promoter Bonfiglioli S.p.A., with no fresh issue component.

Hence, the company will not get any proceeds from the offering, with the entire amount going to the selling shareholder.

"Our company expects that listing of the equity shares will enhance our visibility and brand image and provide liquidity and a public market for the equity shares in India," according to the red herring prospectus.

Bonfiglioli Transmissions, the Indian unit of Italy-based Bonfiglioli S.p.A., makes mechanical and electro-mechanical power transmission products and industrial drive solutions, including gear motors, gearboxes and drive systems.

Its products serve the industry and automation, wind applications and off-highway mobility.

Bonfiglioli Transmissions IPO allotment date and time

The basis of allotment for Bonfiglioli Transmissions is likely to be finalised on Wednesday, October 21, by evening.

How to check Bonfiglioli Transmissions IPO allotment status online on NSE

• Open this page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• Pick 'BONFIG' from the 'Select Symbol' menu
• Fill in either your application number or PAN
• Hit the 'Submit' button

Steps to check Bonfiglioli Transmissions IPO allotment status online on BSE

• Open BSE's IPO allotment status page in your website: https://bseindia.com/investors/appli_check.aspx
• Keep 'Equity' as issue type
• Select 'Bonfiglioli Transmissions Ltd' from the 'Issue Name' section
• Identify yourself using IPO application number or PAN
• Click on the 'Search' button

Bonfiglioli Transmissions IPO allotment status online on MUFG Intime India

• Visit the registrar's allotment status page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Pick ‘Bonfiglioli Transmissions Ltd’ from the IPOs available
• Type application No, DP/Client ID, Account No/IFSC or PAN
• Press the ‘Submit’ button

Bonfiglioli Transmissions IPO listing date and time

Shares of Bonfiglioli Transmissions will debut on the NSE and the BSE on Friday, October 23, at 10 am.