Bonfiglioli Transmissions, one of the leading electro-mechanical power transmission providers, submitted its Preliminary papers to the market regulator, SEBI, to raise funds via an Initial Public Offering (IPO).
The IPO comprises solely an Offer for Sale of up to 4.69 crore Equity shares with no fresh issue component. The promoter, Bonfiglioli S p A, will be selling its shares in the OFS, and the company will not receive any funds from the IPO.
According to Bonfiglioli transmissions, from the launch of its IPO, they expect to gain brand visibility, strengthen their market presence, and earn liquidity from its equity shares from the IPO market.
Bonfiglioli Transmissions is one of the leading Indian companies providing mechanical and electro-mechanical power transmission solutions. The company makes and sells high-precision, mission-critical gearboxes and drive systems serving various industries. Its product offerings include low, medium, and heavy-duty gear motors and gearboxes with capacities spanning from 13 Nm to 1,400 kNm.
Its products are used widely in Industry and Automation Solutions, Off-Highway Mobility, and the wind industry. Moreover, it runs 3 manufacturing facilities in India, 2 situated in Tamil Nadu and 1 in Maharashtra. In FY24, these facilities generated over 330,000 gear motors and gearboxes.
Elecon Engineering Company, Shanthi Gears, Schaeffler India, and Timken India are the competitors of the company.
In FY25, the firm generated a revenue of ā¹1,467.95 crore from operations and reported a PAT of ā¹165.19 crore in FY25. The company also recorded a Net Worth of ā¹925.30 crore.
The book-running lead managers for the Bonfiglioli Transmissions IPO are Axis Capital, BNP Paribas, ICICI Securities, and Jefferies India.
The Equity shares of the IPO are proposed to be listed on BSE Limited and NSE Limited.
Bonfiglioli Transmissions IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Bonfiglioli Transmissions Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ā¹1570.33 | ā¹1345.21 | ā¹171.45 |
| 2023 | ā¹1701.98 | ā¹1492.74 | ā¹149.53 |
| 2024 | ā¹1871.05 | ā¹1626.47 | ā¹194.69 |
Bonfiglioli Transmissions IPO Valuation – FY2024
Bonfiglioli Transmissions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ā¹10.06 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 22.40% |
| Net Asset Value (NAV): | ā¹45.38 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Elecon Engineering Company Limited | 18.50 | 26.02 | 20.77% | 89.07 | 2,226.96 Cr. |
| Shanthi Gears Limited | 12.52 | 37.58 | 23.83% | 52.53 | 604.62 Cr. |
| Schaeffler India Limited | 60.10 | 64.54 | 17.60% | 341.29 | 8,232.38 Cr. |
| Timken India Limited | 59.48 | 50.49 | 15.73% | 378.21 | 3,147.81 Cr. |
Objects of the Issue
- To be updated soon
IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- BNP Paribas
- ICICI Securities Limited
- Jefferies India Private Limited
