From The Economic Times · Akash Podishetti · · 1m 10s
BlackRock SBI Lead Tonbo Imaging's Rs 255 Cr IPO Anchor Round
BlackRock and SBI MF secure Rs 255 crore anchor investment for Tonbo Imaging ahead of IPO.
In brief
BlackRock and SBI MF secure Rs 255 crore anchor investment for Tonbo Imaging ahead of IPO. Tonbo Imaging raised Rs 255 crore from anchor investors including BlackRock and SBI MF ahead of its IPO. Originally reported by The Economic Times.
Tonbo Imaging IPO
Tonbo Imaging raised Rs 255 crore from anchor investors ahead of its IPO with shares allotted at Rs 700 per share.
Price Band and Allotment
The company fixed a price band of Rs 665-700 per share with 36.48 lakh shares allotted to anchor investors at the upper end.
Anchor Investors
Domestic mutual funds, insurance companies, and global institutional investors participated in the anchor round including BlackRock and SBI MF.
Key Participants
SBI Infrastructure Fund, ICICI Prudential Smallcap Fund, HDFC Mutual Fund, and BlackRock were among the top anchor investors.
IPO Timeline
The IPO opens for subscription on Thursday, October 15, 2026, and closes on Monday, October 19, 2026.
Company Background
Tonbo Imaging is India’s largest manufacturer of thermal imaging systems for government and defence agencies.
Market Context
The company’s thermal imaging systems are used in surveillance, border security, and defence applications with strong government ties.
The big picture
Tonbo Imaging raised Rs 255 crore from anchor investors including BlackRock and SBI MF ahead of its IPO.
