How much is Bonfiglioli looking to raise from its Indian subsidiary's IPO?

Bonfiglioli S.p.A. is looking to raise approximately $250 million (₹2,200-2,300 crore) through the proposed listing of its Indian arm, Bonfiglioli Transmissions.

What is the structure of the Bonfiglioli Transmissions IPO?

The proposed public issue will be entirely an offer for sale (OFS) by the Italy-based parent company, Bonfiglioli S.p.A., which currently holds a majority stake in the Indian subsidiary. No fresh capital will be raised through this offering.

What industries does Bonfiglioli Transmissions cater to in India?

Bonfiglioli Transmissions manufactures gearboxes, gearmotors, and drive solutions catering to industrial automation, off-highway mobility, and wind energy applications, serving over 1,000 customers across various industries like cement, steel, food processing, and pharmaceuticals.

Home / Business and Economy / Bonfiglioli Eyes $250M India IPO Via Parent's Sale

Bonfiglioli Eyes $250M India IPO Via Parent's Sale

9 Feb

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Summary

Bonfiglioli aims to raise $250 million from its Indian subsidiary's IPO.
The offering will be an Offer for Sale by the Italian parent company.
The Indian arm has operated for over 25 years, serving multiple industries.

Bonfiglioli Eyes $250M India IPO Via Parent's Sale

Bonfiglioli S.p.A., an Italian power transmission components manufacturer, is preparing to list its Indian arm, Bonfiglioli Transmissions, through an Initial Public Offering (IPO). The company anticipates raising around $250 million (₹2,200-2,300 crore) from this proposed public issue.

Sources indicate that the offer documents are expected to be filed later this month. This upcoming offering will be structured exclusively as an Offer for Sale (OFS), meaning the funds raised will go directly to the Italy-based parent company, which currently holds a majority stake in its Indian subsidiary. No new capital will be generated through this issuance.

Bonfiglioli Transmissions has a long-standing presence in India, with over 25 years of operational history. The company is recognized as a major domestic manufacturer of mechanical and electro-mechanical power transmission systems. Its product portfolio includes gearboxes, gearmotors, and drive solutions designed for sectors such as industrial automation, off-highway mobility, and wind energy.