Tonbo Imaging India IPO Day 3: GMP at 74%, issue subscribed over 7x. Check key details
60-Word AI Digest
Tonbo Imaging India’s IPO closes amid strong investor demand, with 7.78 times subscription by Day 2 and a grey market premium of 74%. The Rs 852.18 crore issue is entirely an offer for sale. Investors will track allotment, listing expectations and the defence technology company’s declining FY26 financial performance.
Key Takeaways
- Tonbo Imaging India’s IPO closes amid strong investor demand, with 7.78 times subscription by Day 2 and a grey market premium of 74%.
- The Rs 852.18 crore issue is entirely an offer for sale.
- Investors will track allotment, listing expectations and the defence technology company’s declining FY26 financial performance.
Tonbo Imaging India’s IPO closes amid strong investor demand, with 7.78 times subscription by Day 2 and a grey market premium of 74%. The Rs 852.18 crore issue is entirely an offer for sale. Investors will track allotment, listing expectations and the defence technology company’s declining FY26 financial performance.
Original Publisher Attribution
This summary was curated from Economic Times.