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Tonbo Imaging
Trends
- 1
Indian investors are tracking the grey market premium for Tonbo Imaging's upcoming IPO after the defence technology firm set its price band at Rs 665-700 per share, with the issue opening on October 15. Interest grew after Amansa Investments, SBI Mutual Fund and other investors put in Rs 413 crore ahead of the listing, and a strong subscription for peer HD Fire Protect's issue has lifted sentiment for new defence listings.
- 2
Indian defence-tech firm Tonbo Imaging's IPO has entered its second day of subscription, with investors tracking the subscription status, price band and listing timeline. The issue is drawing attention for giving retail investors a chance to buy into a company working on imaging and sensor systems for defence applications, a sector that has seen strong investor interest in recent Indian public offerings.