BlackRock, SBI MF lead Tonbo Imaging’s Rs 255 crore anchor round ahead of IPO
Tonbo Imaging raised Rs 255 crore from anchor investors ahead of its Rs 852 crore IPO, allotting shares at the upper price-band limit of Rs 700. The entirely offer-for-sale issue will open on October 15 and close on October 19.
Bengaluru-based defence technology firm Tonbo Imaging India has secured Rs 255 crore from anchor investors prior to its IPO, allocating shares at the upper limit of the price band. The company, which specializes in thermal imaging systems for government and defence agencies, allotted 36.48 lakh shares at Rs 700 each, the top price point in the IPO range of Rs 665-700 per share.
Set to open for subscription on October 15, 2026, and close on October 19, 2026, the IPO will sell up to 1,21,74,046 equity shares at the fixed price band.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
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