Tonbo Imaging India is set to launch its initial public offering (IPO) between October 15 and October 19, 2026. The company has already seen significant investment activity ahead of the IPO, with institutional investors purchasing shares worth over ₹413 crore. This early investment reflects strong confidence in Tonbo Imaging's business and future prospects.
- Tonbo Imaging India’s IPO is valued at ₹852.18 crore.
- The IPO is an offer for sale (OFS) of 1.22 crore shares by promoters and investors.
- Price band is set between ₹665 and ₹700 per share.
- Major investors include Amansa Investments, SBI Mutual Fund, HDFC Life Insurance, and others.
- Tonbo Imaging specializes in defence electronics and imaging systems.
What is the structure of Tonbo Imaging India’s IPO?
The IPO is structured as an offer for sale (OFS), where existing promoters and investors sell 1.22 crore shares. The total value of the IPO is ₹852.18 crore, with shares priced between ₹665 and ₹700 each. Investors can buy shares in lots of 21. The shares will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) after the IPO.
Who are the key investors ahead of the IPO?
Before the IPO opens, several domestic and international institutional investors have purchased shares from existing shareholders. The largest buyer is Amansa Investments, which acquired 24.32 lakh shares at the upper price band of ₹700 per share, investing approximately ₹170.24 crore.
Other notable investors include:
- SBI Emergent India Fund (5 lakh shares, ₹35 crore)
- Malabar India Fund
- SBI Optimal Equity Fund (shares worth ₹20.09 crore)
- HDFC Life Insurance Company (shares worth ₹16.03 crore)
- Susquehanna Asia Technology Pty Ltd, Valuequest Founders Conviction LVF, and 360 ONE Multi-Stage Defence and Space Fund (each acquiring 5.73 lakh shares worth ₹40.10 crore)
- Akash Manek Bhanshali (5.66 lakh shares for ₹39.59 crore)
What products and services does Tonbo Imaging India offer?
Tonbo Imaging India designs and manufactures advanced defence electronics and imaging systems. Their products include weapon sights, hand-held thermal imaging binoculars, thermal imaging cores, targeting systems, fire control systems, missile guidance systems, and missile seekers. These technologies help provide surveillance, reconnaissance, targeting, and control capabilities on the battlefield, enhancing autonomy and operational efficiency.
Who manages the IPO process?
The IPO is managed by JM Financial and IIFL Capital Services, who act as the book-running lead managers. They oversee the issuance, pricing, and allocation of shares to investors.
Frequently Asked Questions
Q: When does the Tonbo Imaging India IPO open and close?
A: The IPO opens on October 15, 2026, and closes on October 19, 2026.
Q: What is the price band for the IPO shares?
A: The price band is set between ₹665 and ₹700 per share.
Q: How many shares are being offered in the IPO?
A: The IPO is an offer for sale of 1.22 crore shares by promoters and investors.
Q: Which stock exchanges will list Tonbo Imaging India shares?
A: The shares will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Q: What sectors does Tonbo Imaging India operate in?
A: Tonbo Imaging operates in the defence electronics sector, specializing in imaging and targeting systems.
