Bonfiglioli Transmissions Limited IPO
BONFIG · Power / Utilities · Bidding closed
Updated as on 19-Oct-2026 19:00:00 · Source: NSE (official issue & subscription data) · Issue: Initial Public Offer of offer for sale up to 4,32,39,042 Equity Shares (Including Eligible Employee Reservation of up to 50,000 Equity Shares and Anchor portion 1,29,56,712 Equity Shares)
Traddx read: Strong demand
- Demand is broad and institution-led.
- Strong institutional demand — QIB subscribed 120.8× (big investors are backing it).
- Retail is piling in (5.9×) — popular, but retail froth can fade after listing.
- Overall subscription 46.1×.
- This summarises subscription demand only — it is information, not a recommendation to apply or avoid. Not investment advice.
Bonfiglioli Transmissions Limited is a closed issue (bidding has ended) in the Power / Utilities space, with a price band of Rs.558 to Rs.586 and an issue size of ₹2,534 Cr. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 120.78× |
| Non-institutional (NII) | 40.40× |
| Retail | 5.91× |
| Employees | 7.43× |
| Total | 46.06× |
How the sector is valued (listed Power / Utilities peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| ADANIPOWER | ₹193.65 | 31.18 | — | 26.05% |
| TORNTPOWER | ₹1209.5 | 24.6 | — | 9.71% |
| TATAPOWER | ₹351.55 | 127.37 | — | 4.88% |
| CESC | ₹133.65 | 20.56 | — | 7.38% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.