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Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details

viaeconomictimes.indiatimes.com16 Oct
Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details
Tonbo Imaging India’s Rs 852.18 crore IPO received four times subscription on Day 1, supported by strong institutional demand and a 71% grey market premium. The defence technology company’s offer-for-sale coincides with declining FY26 revenue and profits, despite its specialised imaging systems and…

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