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  5. Bonfiglioli Transmissions IPO subscribed 29.07 times so far on Day 3: Check allotment date and steps

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Bonfiglioli Transmissions IPO subscribed 29.07 times so far on Day 3: Check allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on October 19, 2026, 15:30 IST

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SUMMARY

The ₹852.18 crore Bonfiglioli Transmissions IPO is solely an offer for sale (OFS) of up to 4.32 crore shares by promoter Bonfiglioli S.p.A., with no fresh issue component.

Bonfiglioli Transmissions manufactures mechanical and electro-mechanical power transmission products and industrial drive solutions. | Image: bonfiglioli.in

Bonfiglioli Transmissions manufactures mechanical and electro-mechanical power transmission products and industrial drive solutions. | Image: bonfiglioli.in

The initial public offering of Bonfiglioli Transmissions Ltd has been subscribed 29.07 times so far on Monday, October 19, the final day of bidding.

It received bids for 88,02,84,400 shares against 3,02,82,330 shares on offer, according to NSE data until 3:29 pm.

The category for non-institutional investors (NIIs) attracted 38.30 times subscription, while the quota for retail investors was subscribed 5 times. The portion for qualified institutional buyers (QIBs) was booked 64.39 times.

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The ₹852.18 crore IPO is solely an offer for sale (OFS) of up to 4.32 crore shares by promoter Bonfiglioli S.p.A., with no fresh issue component.

Since there is no fresh issue component, the company will not get any proceeds from the IPO. The money will go 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 RHP.

Bonfiglioli Transmissions, the Indian subsidiary 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 cater to off-highway mobility, industry and automation, and wind applications.

Bonfiglioli Transmissions IPO allotment and listing date

Bonfiglioli Transmissions IPO allotment status is likely to be finalised on Wednesday, October 21. The listing on the NSE and the BSE will occur on October 23.

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How to check Bonfiglioli Transmissions IPO allotment status on NSE

Steps to check Bonfiglioli Transmissions IPO allotment status on MUFG Intime India

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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