Bonfiglioli Transmissions Limited, the Indian subsidiary of Italy-based Bonfiglioli S.p.A., launched its Initial Public Offering (IPO) on 15 October 2026, marking a significant milestone in the development of the Italian engineering group’s operations in India. The offering, valued at approximately ₹2,534 crore (€237.8 million) at the upper end of its price band, is scheduled to remain open for subscriptions until 19 October.