India, Oct. 23 -- Defence tech company Tonbo Imaging made a strong stock market debut, listing at Rs.1,162 on the BSE, a 66% premium to its issue price of Rs.700 per share.

On the NSE, the stock debuted at Rs.1,160, translating into a listing gain of 65.71%. The company commanded a market capitalisation of Rs.6,656.18 Cr on the BSE at its listing price.

The debut followed strong investor demand for Tonbo's Rs.852 Cr IPO, which was open for subscription from October 15 to October 19 at a price band of Rs.665-Rs.700 per share.

The public issue was subscribed 135.9X, attracting bids for 115.87 Cr shares against the 85.26 Lakh shares on offer.

The IPO comprised entirely an offer for sale (OFS) of around 1.22 Cr shares by existing sharehol...