Tonbo Imaging India IPO Opens with 71% Grey Market Premium
Tonbo Imaging India launched its IPO on October 15, 2026, aiming to raise Rs 852.18 crore via an offer for sale. The IPO shows a 71% grey market premium, indicating strong listing gains. Despite this, the company's FY26 total income dropped 22% and profit fell 30%. Tonbo Imaging operates in 24 countries, focusing on advanced defence imaging and surveillance technology.
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