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Bonfiglioli Transmissions IPO Day 2: GMP at 24%; Check subscription status. Should you subscribe?

Bonfiglioli Transmissions IPO entered Day 2 with a 24% GMP and 48% overall subscription on Day 1. The Rs 2,533.66-crore offer for sale is priced at Rs 558-586 per share. Anand Rathi assigned a "Subscribe for Long Term" rating, citing growth in automation despite fully valued pricing metrics.

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Economic TimesLean R·1h ago
Bonfiglioli Transmissions IPO Day 2: GMP at 24%; Check subscription status. Should you subscribe?
Bonfiglioli Transmissions IPO entered Day 2 with a 24% GMP and 48% overall subscription on Day 1. The Rs 2,533.66-crore offer for sale is priced at Rs 558-586 per share. Anand Rathi assigned a "Subscribe for Long Term" rating, citing growth in automation despite fully valued pricing metrics.
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Bonfiglioli Transmissions IPO Day 2: GMP at 24%; Check subscription status. Should you subscribe?

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Bonfiglioli Transmissions IPO Day 2: GMP at 24%; Check subscription status. Should you subscribe?

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