Shardul Amarchand Mangaldas & Co. advises Bonfiglioli Transmissions Limited on ₹2,533.66 crore IPO
The IPO was undertaken entirely through an offer for sale by Bonfiglioli S.p.A., the company’s promoter. The offering witnessed strong investor demand, with the issue subscribed over 46 times overall and the qualified institutional buyer (QIB) portion was subscribed over 120 times.