Tonbo Imaging India IPO Day 1: Subscription Status, Timeline & Key Issue Details

15 October 2026
2 min read
Tonbo Imaging India IPO Day 1: Subscription Status, Timeline & Key Issue Details
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Tonbo Imaging India opened its ₹852.18 crore IPO for subscription on October 15, 2026, with shares offered at ₹665 to ₹700 per share. The issue saw a subscription of 0.19 times as of 10:12 AM on day 1.

Investors can bid for the IPO until October 19, 2026. The basis of allotment is expected to be finalised on October 21, while the company’s shares are scheduled to list on the BSE and NSE on October 23, 2026, subject to the proposed timeline.

Tonbo Imaging India IPO - Issue Details

  • Issue Type: Book Built Issue (OFS only)
  • Total Issue Size: Up to ₹852.18 crore
  • Fresh Issue: Not Applicable
  • Offer for Sale (OFS): Up to 1.22 crore equity shares
  • Face Value: ₹2 per equity share
  • Price Band: ₹665 to ₹700 per share
  • Lot Size: 21 shares
  • Minimum Investment Amount (Retail Investor): ₹14,700 (21 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running Lead Managers: JM Financial Limited, IIFL Capital Services Limited
  • Registrar: KFin Technologies Limited

Tonbo Imaging India IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event 

Date

Subscription Opening Date

15 October 2026

Subscription Closing Date

19 October 2026

Basis of Allotment Date

21 October 2026

Refund Initiation Date

22 October 2026

Credit of Shares

22 October 2026

Listing on BSE and NSE

23 October 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Tonbo Imaging India IPO Day 1 Subscription Status

[October 15, 2026, 10:12 A.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.00x

Non-Institutional Investors (NIIs)

0.43x

Retail Individual Investors (RIIs)

0.19x

Employees

0.32x

Total 

0.19x

About Tonbo Imaging India Limited

Founded in 2003, Tonbo Imaging India Limited manufactures defence electronics, with a focus on thermal imaging, surveillance, target acquisition and missile guidance systems. The company caters to defence clients in India and overseas, offering technologies based on electro-optics, infrared imaging and embedded vision.

As of June 30, 2026, Tonbo Imaging had deployed over 28,000 systems in 24 countries. Its electro-optical and infrared (EO/IR) products fall outside the scope of US International Traffic in Arms Regulations (ITAR), providing greater flexibility in supplying international markets subject to export-control rules.

Key Financial Highlights 

Particulars

For the three month period ended June 30, 2026 (in ₹ crore)

FY26

(in ₹ crore)

FY25

(in ₹ crore)

Revenue from operations

36.01 

362.65 

469.08

EBITDA

(13.04) 

104.62 

139.06

Profit After Tax (PAT)

(17.74) 

50.89 

72.76

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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