India, Oct. 19 -- Defence tech company Tonbo Imaging's IPO has been oversubscribed 40.82X on the third day of bidding till now.

Till 13:23 IST, investors have placed bids for 34.80 Cr shares against the 85.26 Lakh shares on offer, as per BSE data.

NIIs are leading demand for the public float till now, placing bids for 18.56 Cr shares against the 18.24 Lakh shares reserved for them. This translates to an oversubscription of 101.78X.

Within the NII category, the portion reserved for investors bidding for more than Rs.10 Lakh was subscribed 106.03X, with bids for 12.89 Cr shares against 12.16 Lakh shares.

Meanwhile, the portion for investors bidding between Rs.2-10 Lakh was booked 93.27X, with bids for 5.67 Cr shares against 6.08 Lakh sh...