Neutral impactIPO
Bonfiglioli Transmissions IPO Day 3: Check subscription status, allotment date and steps
Upstox 1 hr ago·19 Oct 2026, 3:56 am
Bonfiglioli Transmissions has concluded its three-day initial public offering (IPO). The company, which manufactures power transmission equipment, opened for subscription on October 10 and closed on October 12. Retail investors had a chance to apply for shares during this window, marking the company's debut on the Indian stock market.
This IPO is significant as it provides an entry point for investors into a niche industrial sector. Bonfiglioli is a well-established player in the global power transmission market, and its listing allows the public to own a piece of the business. The subscription status will determine the final issue size and the price band at which the shares will be allotted.
Investors should now focus on the allotment date and the listing date. Once shares are allotted, investors must complete the payment formalities and dematerialization processes. The stock is expected to list on the exchanges soon, and investors should monitor the grey market premium to gauge the market's sentiment towards the new issue.
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
