21-07-2025
Bonfiglioli's India Unit Is Said to Consider $250 Million IPO
The Indian unit of Italian gearmaker Bonfiglioli Group is considering an initial public offering in Mumbai that may raise about $250 million, according to people familiar with the matter.
Bonfiglioli Transmissions Pvt. has hired Axis Capital Ltd., ICICI Securities Ltd., JPMorgan Chase & Co. and BNP Paribas SA to arrange the listing, the people said, asking not to be named because the information is private.
