Tonbo Imaging India IPO Day 3: Subscription Status, Timeline & Key Issue Details

19 October 2026
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Tonbo Imaging India’s ₹852.18 crore IPO entered its final day of subscription on October 16, 2026, with the price band set at ₹665 to ₹700 per share. The issue was subscribed 10.33 times as of 10:12 AM on Day 3.

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 3 Subscription Status

[October 19, 2026, 10:12 A.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

3.96x

Non-Institutional Investors (NIIs)

23.38x

Retail Individual Investors (RIIs)

8.36x

Employees

14.84x

Total 

10.33x

About Tonbo Imaging India Limited

Established in 2003, Tonbo Imaging India Limited develops and manufactures defence electronics, specialising in thermal imaging, surveillance, target acquisition and missile guidance systems. Its products use electro-optics, infrared imaging and embedded vision technologies for defence applications in India and overseas. As of June 30, 2026, the company had deployed over 28,000 systems across 24 countries. Its electro-optical and infrared (EO/IR) products are not subject to US International Traffic in Arms Regulations (ITAR), providing greater flexibility in international trade, subject to applicable export-control requirements.

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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