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Tonbo Imaging India announces launch of initial public offering

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Tonbo Imaging India Ltd. has announced public offering of 12174046 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 698.00 per share. The gross proceeds of the issue are expected to be Rs 85,218.32 lakhs.

The company's initial public offer (IPO) will open on 15 October 2026 and is expected to close on 19 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 665.00-700.00 per share.

The IPO includes a fresh Issue of 12174046 Equity Shares of the Company at an price of Rs 700.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 21 shares with bids in multiples of 21.

Tonbo Imaging India Ltd. anticipates using the proceeds of the issue for .

JM Financial Ltd.,IIFL Capital Services Limited as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.