Bonfiglioli Transmissions Ltd, the Indian subsidiary of Bonfiglioli Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO).
Sonia Bonfiglioli, Luciano Bonfiglioli, Luisa Lusardi, BON-FI S.r.l., and Bonfiglioli S.p.A are the promoters of the company.
The offer comprises an Offer for Sale aggregating up to 46,998,958 Equity Shares by Bonfiglioli S.p.A (Promoter Selling Shareholder). The face value of each equity share is ₹10.
Bonfiglioli Transmissions is a part of Bonfiglioli S.p.A headquartered in Italy, and according to the F&S Report, is one of the largest technologically advanced players globally in the mechanical and electro-mechanical power transmissions and industrial drive solutions industry with a revenue of Euro 1,190.9 million (₹105.91 billion) for the year ended December 2024.
The company manufactures a wide range of mission-critical and highly precision engineered gearboxes and drive systems used across diverse end-user markets (Source: F&S Report).
Their legacy and reputation lie in the Bonfiglioli brand, which has a worldwide presence of nearly 70 years, and which has established in India through more than 25 years of operations.
The company broadly caters to three business verticals: Industry and Automation Solutions, Off-Highway Mobility and Wind Industries, based on the end-use applications.
Bonfiglioli Transmissions is the largest manufacturer of gearboxes and drives for original equipment manufacturers and end-users engaged in industry & automation solutions (gear motors < 15 kNm), off-highway mobility and wind industries in India as of September 30, 2025, in terms of revenue from operations, according to the F&S Report.
The company is also among the largest manufacturers of planetary gearboxes in India in Fiscal 2024 by revenue.
The company’s revenue from operations for the nine months period ending September 2025 stood at ₹1,460 crore, while profit after tax was ₹165 crore.
The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on the stock exchanges being the BSE and the NSE.
Axis Capital Ltd, BNP Paribas, ICICI Securities Ltd and Jefferies India Pvt Ltd are the Book Running Lead Managers to the issue.