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Tonbo Imaging India IPO

Tonbo Imaging India IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.

Live GMP Today
₹460 +65.7%
Est. Listing: ₹1160.00
Price Band
₹665 - ₹700
Per equity share
Lot Size
21 Shares
Min Invest: ₹14,700
Issue Size
₹852.18 Cr
Fresh: Approx ₹852.2 Crores
Issue Dates
14 October 2026 – 18 October 2026
Bidding period
Subscription
135.9x
Total overall demand

Tonbo Imaging India IPO Details

Key facts at a glance
IPO Open Date 14 October 2026 IPO Close Date 18 October 2026
Basis of Allotment 20 October 2026 Listing Date 22 October 2026
Price Band ₹665 - ₹700 per share Face Value ₹10 per share
Market Lot Size 21 Shares Min Investment (Retail) ₹14,700
Total Issue Size ₹852.18 Cr Issue Type Book Built Issue IPO
Fresh Issue Approx ₹852.2 Crores Offer for Sale (OFS) ₹852.18 Cr
Listing At BSE, NSE Issue Category Mainboard Issue
Registrar Kfin Technologies Ltd.

Tonbo Imaging India IPO Timetable (Tentative Dates)

Event Tentative Date Status
IPO Open Date 14 October 2026 Confirmed
IPO Close Date 18 October 2026 Confirmed
Basis of Allotment 20 October 2026 Tentative
Initiation of Refunds 22 October 2026 Tentative
Credit of Shares to Demat 22 October 2026 Tentative
IPO Listing Date 22 October 2026 Tentative
Cut-off time for UPI Mandate Confirmation 19 October 2026 (5:00 PM) Deadline

* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.

Tonbo Imaging India IPO Lot Size & Investment Details

Application limits for Retail and HNI investors
Application Category Lots Shares Amount (at Cut-off)
Retail (Min) 1 Lot 21 Shares ₹14,700
Retail (Max) 13 Lots 273 Shares ₹1,91,100
S-HNI (Min) 14 Lots 294 Shares ₹2,05,800
S-HNI (Max) 68 Lots 1,428 Shares ₹9,99,600
B-HNI (Min) 69 Lots 1,449 Shares ₹10,14,300

Tonbo Imaging India IPO Live GMP & Movement History

Daily unofficial grey market trends
Current Grey Market Premium

₹460 +65.7%

Estimated Listing Price
₹1160.00
Date IPO GMP (₹) Estimated Listing Price Estimated Listing Gain (%)
23 Oct 2026 ₹450 ₹1150.00 +64.29%
22 Oct 2026 ₹515 ₹1215.00 +73.57%
21 Oct 2026 ₹515 ₹1215.00 +74.28%
20 Oct 2026 ₹520 ₹1220.00 +74.29%
19 Oct 2026 ₹520 ₹1220.00 +74.29%
18 Oct 2026 ₹525 ₹1225.00 +75.00%
17 Oct 2026 ₹525 ₹1225.00 +75.00%
16 Oct 2026 ₹500 ₹1200.00 +71.43%
15 Oct 2026 ₹500 ₹1200.00 +71.43%
14 Oct 2026 ₹500 ₹1200.00 +71.43%
13 Oct 2026 ₹460 ₹1160.00 +65.71%
12 Oct 2026 ₹375 ₹1075.00 53.57%
11 Oct 2026 ₹270 ₹970.00 +0.00%
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.

Tonbo Imaging India IPO Subscription Status

Demand breakdown by investor category
Retail
31.07x
QIB
293.56x
NII / HNI
170.94x
Total
135.90x

Tonbo Imaging India Company Financials

Restated figures (₹ in Crores)
Period Total Assets Total Revenue Total Expenses Profit After Tax (PAT)
2024 574.68 Cr. 431.90 Cr. 336.94 Cr. 68.54 Cr.
2025 726.36 Cr. 474.39 Cr. 374.35 Cr. 72.76 Cr.
2026 782.50 Cr. 369.94 Cr. 299.98 Cr. 50.88 Cr.
June 2026 782.87 Cr. 782.87 Cr. 61.07 Cr. -17.74 Cr.

* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).

Tonbo Imaging India IPO Valuation & KPIs

Key metrics pre-issue
EPS
9.19 (Basic)
P/E Ratio
N/A
RoNW
9.75%
NAV per share
₹96.57
RoCE
14.54%
RoE
9.75%
Debt to Equity
[.]
PAT Margin
13.75%
EBITDA Margin
28.85%

Tonbo Imaging India Peer Group Comparison

Listed industry peers
Company Name P/E EPS (₹) RoNW (%) NAV (₹) Total Income
Paras Defence and Space Technologies Limited 117.88 10.93 NA 90.02 476.57 Cr.
Data Patterns (India) Limited 91.41 48.47 16.70 310.08 924.77 Cr.
Astra Microwave Products Limited 90.81 20.32 NA 138.46 1162.80 Cr.
Zen Technologies Limited 77.27 21.52 NA 209.22 687.69 Cr.
Bharat Electronics Limited 46.85 8.29 NA 32.82 27610.11 Cr.

About Tonbo Imaging India

Tonbo Imaging India operates as a global defence electronics original equipment manufacturer, designing and developing advanced imaging, processing, and communication systems tailored for surveillance, reconnaissance, targeting, and control. The company’s core business involves creating full-stack electro-optics systems, ranging from core sensor technology to fully integrated autonomous platforms for battlefield applications across land, air, and sea. Revenue is primarily generated through two main operating segments: tactical systems and platform systems. Tactical offerings include lightweight, weapon-mounted, and helmet-mounted electro-optical sights that provide soldiers with observation and targeting capabilities. Platform-grade optronics feature multi-sensor gimbals and infrared payloads designed for integration into armoured vehicles, airborne platforms, and naval assets. The business supplies these highly specialized combat and situational awareness systems to global militaries, homeland security agencies, and system integrators across multiple international markets through a tender-based competitive bidding and procurement model.

Tonbo Imaging India IPO Important Dates

Particular Dates
IPO Open Date 15 Oct 2026
IPO Close Date 19 Oct 2026
Basis of Allotment 21 Oct 2026
Refunds 22 Oct 2026
Credit to Demat Account 22 Oct 2026
IPO Listing Date 23 Oct 2026

Note: The timeline for Tonbo Imaging India IPO is tentative and subject to change.

Tonbo Imaging India Objects of the Issue & Utilisation of Proceeds

To Be Updated Soon

Tonbo Imaging India Company Financial Report

Period Revenue Expense PAT Assets
2024 431.90 Cr. 336.94 Cr. 68.54 Cr. 574.68 Cr.
2025 474.39 Cr. 374.35 Cr. 72.76 Cr. 726.36 Cr.
2026 369.94 Cr. 299.98 Cr. 50.88 Cr. 782.50 Cr.
June 2026 782.87 Cr. 61.07 Cr. -17.74 Cr. 782.87 Cr.

Note: Financial numbers for Tonbo Imaging India are in ₹ Crores unless stated otherwise.

Tonbo Imaging India Company Valuation & Key Performance Indicators

KPI Values
ROE 9.75%
ROCE 14.54%
EBITDA Margin 28.85%
PAT Margin 13.75%
Debt to Equity Ratio -
Earning Per Share (EPS) 9.19 (Basic)
Price/Earning P/E Ratio -
Return on Net Worth (RoNW) 9.75%
Net Asset Value (NAV) 96.57

Note: Valuation KPIs for Tonbo Imaging India are computed for FY2026.

Tonbo Imaging India Peer Group Comparison

Company EPS PE Ratio RoNW % NAV Income
Paras Defence and Space Technologies Limited 10.93 117.88 NA 90.02 476.57 Cr.
Data Patterns (India) Limited 48.47 91.41 16.70 310.08 924.77 Cr.
Astra Microwave Products Limited 20.32 90.81 NA 138.46 1162.80 Cr.
Zen Technologies Limited 21.52 77.27 NA 209.22 687.69 Cr.
Bharat Electronics Limited 8.29 46.85 NA 32.82 27610.11 Cr.

Note: Peer group comparisons for Tonbo Imaging India are sourced from DRHP filings.

Tonbo Imaging India IPO FAQs

Tonbo Imaging India IPO opens for subscription on 14 October 2026 and closes on 18 October 2026.

The price band for Tonbo Imaging India IPO is set at ₹665.00 to ₹700.00 per share.

The minimum market lot size is 21 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 21 Shares (₹14,700).

The latest Grey Market Premium (GMP) for Tonbo Imaging India IPO is ₹460.00. GMP represents the unofficial premium at which shares trade prior to listing.

The basis of allotment for Tonbo Imaging India IPO is tentatively scheduled for 20 October 2026, and shares are expected to list on the stock exchanges on 22 October 2026.

Kfin Technologies Ltd. is the official registrar for Tonbo Imaging India IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.

IPO Registrar

Kfin Technologies Ltd.

Responsible for allotment finalization and demat credit processing.

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