India, Oct. 16 -- Bengaluru-based defence electronics maker Tonbo Imaging India Ltd opened its Rs. 852.18 crore initial public offering on October 15, 2026. The issue closes on Monday, October 19, with a price band of Rs. 665 to Rs. 700 per share and a face value of Rs. 2. The entire issue is an Offer for Sale (OFS) of 1,21,74,046 shares, so the company will not receive any proceeds, and all the money goes to the selling shareholders. At the upper end of the band, Tonbo's market capitalisation comes to Rs. 4,009.75 crore. The shares will list on both BSE and NSE, and the lot size is 21 shares, which means retail investors need a minimum of Rs. 14,700 to apply.

Grey Market Premium Points to a Strong Listing The grey market premium (GMP) ...