Neutral impactIPO
Bonfiglioli Transmissions IPO sets price band of ₹558-₹586 — Check lot size, timeline, other details
CNBC-TV18 1 hr ago·12 Oct 2026, 5:00 am
Bonfiglioli Transmissions has set a price band of ₹558-₹586 for its upcoming Initial Public Offering (IPO). The company is looking to raise funds through this public issue, which opens for subscription on October 18. The IPO will be entirely an Offer for Sale (OFS), meaning the company will not receive any fresh capital; the proceeds will go to the selling shareholders.
For investors, this IPO is significant as it provides a chance to invest in a company that manufactures industrial gearboxes and drives. The price band offers a range to consider, and the allotment process is scheduled to be finalized on October 21. The listing is expected to take place on the National Stock Exchange and Bombay Stock Exchange on October 24.
What to watch next is the subscription numbers during the IPO's open period. Strong demand from investors could push the stock's listing price higher, while weak interest might lead to a muted debut. Investors should also monitor the grey market premium, which reflects the unofficial trading sentiment before the listing.
Excerpt from CNBC-TV18
Published On Oct 12, 2026 | 10:30 IST Last Updated On Oct 12, 2026 | 10:30 IST One lot of Bonfigioli Transmissions' IPO will comprise of 25 shares. Retail investors can bid for a minimum of 25 shares and then in multiples of 25 thereafter. The minimum investment that retail investors will have to make for one lot of…Read the original at CNBC-TV18
Key takeaways
- Category: IPO.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
