From mint · Dhanya Nagasundaram · · 1m
IPO GMP Race: Zetwerk vs Sahajanand
Tonbo Imaging's IPO price could jump 72% after strong demand.
In brief
Tonbo Imaging's IPO price could jump 72% after strong demand. Tonbo Imaging shares may list at ₹1,205, 72.14% above IPO price of ₹700. Originally reported by mint.
IPO Demand
Tonbo Imaging drew strongest interest with 7.77 times subscription on Friday.
“7.77 times subscription”
Zetwerk Response
Zetwerk attracted least interest at 31% subscription on Friday.
“31% subscription”
Bonfiglioli Subscription
Bonfiglioli Transmissions subscribed 99% of shares on Friday.
“99% subscription”
Sahajanand Subscription
Sahajanand Medical Technologies subscribed 82% of shares on Friday.
“82% subscription”
Zetwerk GMP
Zetwerk's grey market premium is +7, estimated listing price ₹158.
“+7”
Sahajanand GMP
Sahajanand's grey market premium is +22, estimated listing price ₹366.
“+22”
Bonfiglioli GMP
Bonfiglioli's grey market premium is +129, estimated listing price ₹715.
“+129”
Tonbo GMP
Tonbo Imaging's grey market premium is +505, estimated listing price ₹1,205.
“+505”
IPO Closing Date
All four IPOs close on Monday, 19 October 2026.
“19 October 2026”
The takeaway
Tonbo Imaging shares may list at ₹1,205, 72.14% above IPO price of ₹700.
