The allotment of shares for Bonfiglioli Transmissions India's initial public offering (IPO) is expected to be finalised on October 21, following strong demand from investors during the bidding period. Applicants can check their allotment status through the BSE, NSE or the issue registrar, MUFG Intime India.
The Rs 2,533.66-crore IPO closed on October 19 with an overall subscription of 46.05 times, according to exchange data. Investors submitted bids for 1,39,44,35,300 shares against 3,02,82,330 shares on offer.
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The company is an Indian subsidiary of Italy-based Bonfiglioli S.p.A. The IPO is entirely an offer for sale, meaning the proceeds will go to the promoter selling its shares rather than to the company.
How to check Bonfiglioli Transmissions India IPO allotment status on BSE