Tonbo Imaging
23 Oct '26MAINBOARD
Min. Investment
₹13,965
Issue size
₹852 Cr
GMP
Locked
Overall subscription: 0.81x
Expert verdict
IPO dates
15 Oct
Opening
19 Oct
Closing
23 Oct
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,700 |
| HNI (Min) | 14 | 294 | ₹2,05,800 |
Subscription (as on 15 October 2026, 12:00 PM)
Overall0.81x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2003|MD: Mr Arvind Kondangi Lakshmikumar
- Tonbo Imaging India Limited is a defence electronics original equipment manufacturer (OEM) engaged in the design, development, and manufacturing of sensing, processing, communication and guidance systems for defence and security applications.
- The company's product portfolio is divided into tactical systems and platform systems. Its products include thermal imaging cores, weapon sights, handheld thermal imaging binoculars, targeting systems, missile seekers, fire control systems, missile guidance systems, and surveillance equipment. These products are used in surveillance, reconnaissance, targeting, and control applications. The company supplies its products to government defence agencies, law enforcement and homeland security agencies, and other defence equipment manufacturers in India and overseas.
- The company operates an R&D centre in Bengaluru, Karnataka, where it undertakes product design, development and prototyping. It follows an asset-light manufacturing model, outsourcing production to electronics manufacturing services partners, including Kaynes Technology India Limited and Avalon Technology and Services Private Limited.
- Use of proceeds:
- The IPO is an offer-for-sale (OFS). The company will not receive any proceeds from the offer. Net proceeds from the offer will go to the selling shareholders in proportion to the number of shares offered by them for sale.
- The primary objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges, which is expected to enhance the company’s visibility and brand recognition. Listing will also provide liquidity to the existing shareholders and create a public market for the company’s shares in India.
Issue Details & Objective
Lot size
21 Shares
Price band
₹665 to 700
Face value
₹2 per share
Financials
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Tonbo Imaging IPO is ₹852 Cr
The Tonbo Imaging IPO will be open for applications from 15 Oct '26 to 19 Oct '26
The lot size of Tonbo Imaging IPO is 21 Shares and its minimum investment amount is ₹13,965.
