The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Tonbo Imaging India Limited is a global defence electronics original equipment manufacturer that designs, develops, and manufactures sensing, processing, communication, and guidance systems for surveillance, reconnaissance, targeting, and control.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 · 15 Oct | 2.15× | 4.14× | 2.20× | 2.61× |
| Day 2 · 16 Oct | 2.16× | 9.91× | 4.89× | 5.20× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
Tonbo Imaging India Limited is a global defence electronics original equipment manufacturer (OEM) that provides a diverse suite of field-proven electro-optic products. The company specializes in designing and manufacturing sensing, processing, communication, and guidance systems for surveillance, reconnaissance, targeting, and control, with over 28,000 systems deployed across 24 countries as of June 30, 2026.
The company operates an asset-light business model, focusing on in-house R&D and intellectual property development while outsourcing manufacturing to electronics manufacturing services (EMS) partners. It is recognized as a supplier under the 'Indigenously-Designed, Developed and Manufactured' (IDDM) category under India's Defence Acquisition Procedure 2020.
Only the fresh-issue half funds the company. Offer-for-sale money goes to shareholders selling out — it changes who owns the business, not what the business can spend.
Since its listing-day close it has moved +35.0%, while the Nifty moved +8.6% over the same 9 sessions. Windows are measured vs the issue price and fill in as sessions trade.
Full stock analysis for TONBO →At the upper band of ₹700 and FY26 diluted EPS of ₹8.88, the issue is priced at 78.8× earnings; the listed peers named in the RHP range from 45.7× to 117.7× (average 81.6×).
Peer multiples are as printed in the RHP (priced on its record date) and differ in size, growth and quality — a P/E comparison describes where the price sits, not whether it is right. Not a recommendation.
This row was written the day before listing and has not been edited since. Right or wrong, it stays.
An issue price only means something next to what the market already pays for similar businesses.
GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education. The business profile is an AI summary of the company's red herring prospectus; every figure shown was checked to appear in the prospectus text, and anything that didn't match was left out. Read the RHP itself before relying on any of it.
Tonbo Imaging India listed on 23 Oct 2026 at Rs 1,160 against an issue price of Rs 700 — a gain of 65.7% on debut.
The Tonbo Imaging India IPO price band is Rs 665 to Rs 700 per share, with bidding open from 15 Oct 2026 to 19 Oct 2026. It is a Mainboard issue.
The minimum bid is one lot of 21 shares, which is Rs 14,700 at the upper price band. A retail investor can bid for up to 13 lots (Rs 1,91,100) within the Rs 2 lakh retail limit.
As of 5 Nov 2026, Tonbo Imaging India traded 118.6% above its issue price and 35.0% above its listing-day close; the Nifty moved +8.6% over the same period.
At the upper price band of Rs 700 and diluted EPS of Rs 8.88 (FY2026), the Tonbo Imaging India IPO is priced at about 78.8 times earnings. The listed peers named in its RHP trade between 45.7x and 117.7x (average 81.6x). A P/E comparison describes where the price sits relative to peers; it is not a recommendation.
As of 16 Oct 2026, the Tonbo Imaging India IPO was subscribed 5.20 times overall — QIB 2.16 times, NII 9.91 times, retail 4.89 times, per official NSE bid data.
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.