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Tonbo Imaging IPO Set to Launch Next Week with Pure Offer for Sale
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Moneycontrol•11-10-2026, 15:20
Tonbo Imaging IPO Set to Launch Next Week with Pure Offer for Sale
- •Tonbo Imaging India is launching its initial public offering on October 15, featuring a pure offer for sale of 1.21 crore equity shares.
- •The IPO consists entirely of an OFS by existing shareholders and promoters, meaning the company will not receive any proceeds from the public issue.
- •The anchor book opens on October 14, the subscription closes on October 19, and the shares are expected to list on October 23.
- •The company designs and manufactures electro-optic and electronic systems for defence applications and is India's largest manufacturer and exporter of thermal imaging systems.
- •For the financial year ended March 2026, the company reported a net profit of Rs 50.9 crore on revenue of Rs 362.6 crore.
Key Questions Answered
The Tonbo Imaging IPO consists entirely of an offer for sale (OFS) of 1.21 crore equity shares by existing shareholders and promoters, with no fresh issue component. Consequently, the company will not receive any proceeds from the public issue.
The anchor book opens on October 14, and the public subscription runs from October 15 to October 19. Share allotment is expected to be finalized on October 21, with equity shares listing on the stock exchanges on October 23.
Tonbo Imaging has reserved 50 percent of the net offer for qualified institutional buyers (QIBs), 15 percent for non-institutional investors (NIIs), and 35 percent for retail investors, alongside up to 14,000 shares for eligible employees.
