{
  "id": 14834649,
  "title": "Can Bonfiglioli Transmissions IPO deliver long-term growth for high-risk investors?",
  "url": "https://urgent.news/2026/10/16/can-bonfiglioli-transmissions-ipo-deliver-long-term-growth-for-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T00:52:43.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/ipos/fpos/can-bonfiglioli-transmissions-ipo-deliver-long-term-growth-for-high-risk-investors/articleshow/134979719.cms"
  },
  "original_language": "en",
  "account": "Bonfiglioli Transmissions, a high-precision gearboxes and drive systems manufacturer, is set to raise Rs2,534 crore through an offer for sale. This IPO will reduce the promoter group's stake from 100% to 77%. The company boasts market leadership across various segments, with an expanding Ebitda margin since December 2023. A significant portion of raw materials is sourced internationally, exposing the firm to currency fluctuations. As of 1998, Bonfiglioli Transmissions manufactures mission-critical and highly precision geared motors, gearboxes, and drive systems for sectors like industrial automation, construction, mining, material handling, and pharmaceuticals. The Italian-based firm's three major verticals contribute 41%, 25%, and 32% to revenue respectively. With a Frost & Sullivan study indicating a 67.9% market share among domestic manufacturers of yaw and pitch drives for wind turbines, Bonfiglioli Transmissions faces a unique challenge in terms of comparable listed peers. Its P/E multiple stands at 46, significantly higher than that of other gearbox, bearings, and power transmission companies like Elecon Engineering, Timken India, and Shanthi Gears.",
  "summary": "Bonfiglioli Transmissions aims to raise Rs2,534 crore through an upcoming offer for sale. The promoter group's stake will reduce from 100% to 77% post-IPO. The company has market leadership in various sectors, including industrial automation and construction. Revenue and net profit have shown significant growth in recent years, indicating strong financial performance. Investors with a high-risk…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}