Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details
60-Word AI Digest
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 international defence presence.
Key Takeaways
- 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 international defence presence.
- Full details and original dispatch available below.
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 international defence presence.
Original Publisher Attribution
This summary was curated from Economic Times.