Bonfiglioli Transmissions’ initial public offering (IPO) entered its third and final day of bidding on Monday, October 19, 2026. The IPO’s grey market premium (GMP) stood at 22%, down from 30% earlier, suggesting that unofficial market expectations for listing gains have moderated. However, the GMP is an unofficial indicator and does not guarantee the stock’s actual listing performance.
On Day 2, the IPO was subscribed 99% overall against 3.02 crore shares on offer. The Retail Individual Investors (RIIs) category saw relatively stronger demand, with the portion subscribed 1.16 times against 1.51 crore shares reserved for retail investors.
