Bonfiglioli Transmission India Ltd. opened at its IPO price of ₹586 on both NSE and BSE, trading flat after a 46‑times subscription frenzy, while the company posted a six‑month profit of ₹148.6 cr, up 29% year‑on‑year.
Revenue climbed 17.9% to ₹1,131.9 cr from ₹960.4 cr, comfortably eclipsing the analysts’ median forecast of ₹1,100 cr for the period.
The ₹2,533.66‑cr issue was fully subscribed, with QIBs buying 120.78×, NI investors 40.39× and retail 5.90×; the grey‑market premium hovered 11% in the days leading to the debut.
Bonfiglioli dominates India’s gearbox and drive‑system market across industry, off‑highway and wind segments, yet its filing warns of supplier concentration, raw‑material price inflation and reliance on a related‑party supplier as key risks.
Management has not issued formal guidance, but the firm expects further revenue growth as automation and EV demand accelerate; investors will focus on Q3 earnings on November 30.