Tonbo Imaging India Limited IPO
15 Oct 2026 – 19 Oct 2026
Issue Details
- Price Band
- ₹665 – ₹700
- Lot Size
- 21 shares
- Min Investment
- ₹14,700 (1 lot · 21 shares)
- Face Value
- ₹2
- Offer for Sale
- 1,21,74,046 shares (to selling holders)
- Issue Size
- Initial Public Offer comprising of Offer for Sale of up to 12,174,046 Equity Shares (including Employee Reservation Portion of up to 14,000 Equity Shares)
- Registrar
- Kfin Technologies Ltd. ↗
Timetable
GMP History
Latest GMP ₹480 · Last updated 13 Oct 2026, 9:49 pm IST
The graph appears from the second day of GMP data.
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 13 Oct | ₹480 | +68.6% | — | ₹1,180 |
Subscription
Subscription figures appear once bidding opens.
Financials
All values in ₹ crore
About Tonbo Imaging India
Tonbo Imaging India Limited is a defence electronics original equipment manufacturer (OEM) with a global presence, specialising in the design, development and manufacture of advanced electro-optic and infrared (EO/IR) technologies, embedded vision solutions, communication systems, guidance equipment and surveillance technologies for defence and security applications. Its product portfolio encompasses a wide range of battlefield solutions, including thermal imaging equipment, weapon sights, missile seekers, fire control systems, missile guidance solutions, targeting systems and handheld thermal imaging devices. Products and Solutions Tactical Systems: These solutions support critical battlefield functions such as imaging, surveillance, reconnaissance and target acquisition, enabling improved situational awareness and operational effectiveness. Platform Systems: The Company's platform offerings comprise subsystems that provide observation and fire control capabilities for aerial, ground and weapon platforms, as well as complete platforms designed to undertake threat-neutralisation operations. Directed Energy Systems: Tonbo is developing a range of technology components to address emerging threats, including drone swarms. These components are being integrated into a high-power microwave (HPM) platform marketed under the brand name WaveStrike. Tonbo serves defence and security organisations in 24 countries, with more than 28,000 systems deployed in the field. During FY2024 to FY2026, the Company was India's largest manufacturer of thermal imaging systems for government and defence agencies and the country's largest exporter of thermal imaging systems by volume. Its solutions are built on proprietary, fully owned intellectual property and are free from International Traffic in Arms Regulations (ITAR) restrictions, supporting access to international markets without the export constraints associated with ITAR-controlled technologies.
As published in the company's own offer documents.
Lead Managers
- JM Financial Limited
- IIFL Capital Services Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 21 | ₹14,700 |
| Retail (max)most that stays under ₹2L | 13 | 273 | ₹1,91,100 |
| S-HNI (min)first bid over ₹2L | 14 | 294 | ₹2,05,800 |
| S-HNI (max)most that stays under ₹10L | 68 | 1,428 | ₹9,99,600 |
| B-HNI (min)first bid over ₹10L | 69 | 1,449 | ₹10,14,300 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- 100% Book Building
- Discount
- Rs. 65 per equity share to Eligible Employees
- Minimum Order
- 21 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
- UPI Eligible
- IND and EMP (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (Employee)
- Rs. 5,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 19-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Axis Bank Limited and HDFC Bank Limited
Registrar
- Name
- Kfin Technologies Ltd.
- Address
- 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai 400 070, Maharashtra, India
- Contact
- Williams R, +91 40 6716 2222, tonbo.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
In the news
Headlines from The Economic Times, matched to this company by name. Reproduced as published — not our reporting, and not investment advice. More IPO news
Frequently Asked Questions
What is the GMP of Tonbo Imaging India Limited IPO today?
The latest grey market premium for Tonbo Imaging India Limited IPO is ₹480. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Tonbo Imaging India Limited IPO?
The price band is ₹665 – ₹700, with a lot size of 21 shares. The minimum investment is ₹14,700.
When does Tonbo Imaging India Limited IPO open and close?
The issue opens on 15 Oct 2026 and closes on 19 Oct 2026. Listing is expected on 23 Oct 2026.
Who is the registrar for Tonbo Imaging India Limited IPO?
Kfin Technologies Ltd. is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.