India, Oct. 19 -- Update| October 19, 18:30 IST

Tonbo Imaging's Rs.852 Cr IPO closed with an oversubscription of 135.9X on the third and final day of bidding. Investors placed bids for 115.87 Cr shares against the 85.26 Lakh shares on offer, with qualified institutional buyers (QIBs) leading the charge.

QIBs placed bids for 71.39 Cr shares against their quota of 24.32 Lakh, translating to a subscription of 293.56X. Domestic financial institutions placed the highest 28.13 bids, while foreign institutional buyers bid for 17.72 Cr shares.

NIIs placed bids for 31.18 Cr shares against the 18.24 Lakh shares reserved for them, subscribing their quota by 170.94X. Within this category, the portion for bids above Rs.10 Lakh was booked 184.73X, w...