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Tonbo Imaging IPO draws grey market buzz ahead of October launch

Original: tonbo imaging ipo gmp

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.

Why now: Traders are watching the grey market premium to gauge listing gains as the IPO opens on October 15 amid strong demand for defence sector listings.

Tonbo ImagingSBI Mutual FundAmansa InvestmentsHD Fire Protect

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Evidence

• Amansa Investments, SBI Mutual Fund, others invest Rs 413 cr in Tonbo Imaging ahead of IPO · YourStory.com
• Defence tech firm Tonbo Imaging sets IPO price band at Rs 665-700; issue to open on Oct 15 · The Economic Times
• HD Fire Protect IPO Day 1: Rs 712 crore issue fully subscribed within 2 hours · Zee Business

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