Tonbo Imaging Debuts on Stock Exchanges With 66% Listing Premium

23 Oct 2026, 12:33 pm · 8h ago · 1 min read · YourStory

Amount

₹852.18 Cr

Stage

IPO

Bengaluru-based defence electronics manufacturer Tonbo Imaging made a strong stock market debut, listing at a 66% premium over its issue price of Rs 700. Shares opened at Rs 1,162 on the BSE and Rs 1,160 on the NSE, pushing the company's market capitalisation past Rs 6,191 crore despite broader market declines. The Rs 852.18 crore initial public offering was subscribed nearly 136 times during its bidding window. The public issue comprised entirely an offer-for-sale of 1.22 crore equity shares by promoters and existing shareholders, with no fresh capital raised for company operations.