From The Economic Times · Ritesh Presswala · · 1m 20s
Tonbo Imaging India IPO Day 3: GMP at 74%
Tonbo Imaging India's IPO hits 74% grey market premium as subscription surges 7.78x.
In brief
Tonbo Imaging India's IPO hits 74% grey market premium as subscription surges 7.78x. Tonbo Imaging India's IPO achieved 7.78x subscription with 74% grey market premium ahead of listing on October 23, 2026. Originally reported by The Economic Times.
IPO Final Day
Tonbo Imaging India's IPO entered its final bidding day on Monday with strong investor demand.
Grey Market Premium
The grey market premium rose to 74% from 71% earlier, indicating higher listing gain expectations.
Subscription Status
The issue was subscribed 7.78 times overall against 85.26 lakh shares on offer.
Retail Investor Demand
Retail individual investors subscribed 7.13 times against 42.56 lakh shares reserved for them.
Anchor Investors
Tonbo Imaging India raised Rs 255 crore from anchor investors by allotting 36.48 lakh equity shares at Rs 700.
Listing Timeline
Allotment finalised October 21 with shares tentatively listing on BSE and NSE on October 23, 2026.
Financial Performance
Total income declined 22% to Rs 370 crore in FY26 from Rs 474 crore in FY25.
Company Background
Tonbo Imaging India is India's largest thermal imaging system manufacturer for government and defence agencies.
Listing Expectations
The stock's estimated listing price works out to around Rs 1,215 per share based on 74% GMP.
What it means
Tonbo Imaging India's IPO achieved 7.78x subscription with 74% grey market premium ahead of listing on October 23, 2026.
