Tonbo Imaging IPO Listing: Shares List At A Premium Of Nearly 66% After Robust Subscription During Bidding Period
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Tonbo Imaging shares made a solid debut on the stock exchanges. They listed at a premium of nearly 66% on stock exchanges. Read more.
Tonbo Imaging made its debut on stock exchanges today, i.e., 23 October 2026. The initial public offering (IPO) of Tonbo Imaging was a mainboard issue and its shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The shares were listed at a premium of nearly 66% compared with the IPO issue price of ₹700 per share in the upper price band. On the NSE, the shares opened at ₹1,160 apiece. On the BSE, the stock was listed at ₹1,162 apiece.
Tonbo Imaging IPO And Subscription Details
The Tonbo Imaging IPO carried a price band of ₹665–700 per share. It was open for subscription from 15 October to 19 October. The IPO’s size was pegged at ₹852.18 crore and had a lot size of 21 shares.
Investor response to the IPO was strong across the board. The qualified institutional bidder (QIB) category was subscribed 293.56 times, while the non-institutional investor (NII) segment received 170.94 times subscription. Retail investors subscribed to their allotted portion 31.06 times.
JM Financial Ltd and IIFL Capital Services Ltd were the book-running managers of the IPO, while KFin Technologies Ltd was the issue registrar.
About Tonbo Imaging
Tonbo Imaging, established in 2003, is engaged in the design and production of electro-optic and electronic systems for military and defence applications.
The company's product range covers thermal imaging systems, weapon-mounted sights, handheld thermal binoculars, targeting equipment, missile seekers, fire-control solutions and missile-guidance technologies. Its systems cater to a range of operational requirements, including surveillance, reconnaissance and precision targeting.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Neha Dubey has spent 6+ years turning market chaos into something readable. At Kotak Neo, she works on IPOs and writes for the Market Ready newsletter — making sense of the markets so you don't have to.
Off the clock, she's chasing good stories, new cuisines, and the occasional impromptu singalong. A believer in small pleasures, with excellent taste for a well-timed splurge.
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