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Tonbo Imaging Targets Growth with Thermal Sights and Microwave Systems
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CNBC TV18•15-10-2026, 13:32
Tonbo Imaging Targets Growth with Thermal Sights and Microwave Systems
- •Tonbo Imaging India Limited expects its next growth phase to be driven by thermal weapon sights, missile seekers, and high-power microwave systems.
- •Founder and CEO Arvind Lakshmikumar stated that the company holds a 65 percent market share in thermal weapon sights in India, having supplied around 20,000 out of 30,000 deployed units.
- •The company's IPO opened for subscription on October 15 and closes on October 19, seeking to raise over ₹850 crore through an offer for sale.
- •Tonbo Imaging anticipates that the adoption of missile seekers will gather pace in 2028-29, while revenue from high-power microwave systems is expected around 2029-30.
Key Questions Answered
Tonbo Imaging expects its future growth to be driven by thermal weapon sights, missile seekers, and high-power microwave systems as prior research and development investments begin to pay off.
Tonbo Imaging's initial public offering opened for subscription on October 15 and is scheduled to close on October 19, aiming to raise over ₹850 crore completely through an offer for sale.
Tonbo Imaging holds a 65 percent market share in thermal weapon sights within India, having supplied about 20,000 out of the 30,000 units deployed across the country.
