About Tonbo Imaging India
Defence Electronics & Imaging Systems
Tonbo Imaging India designs and manufactures defence electronics, electro-optic and infrared imaging, surveillance, guidance and communication systems.
Defence Electronics & Imaging Systems - Listed on 23 October 2026
Tonbo Imaging India (Defence Electronics & Imaging Systems) closed its IPO window in 2026 and listed on NSE and BSE on 23 October 2026 at an upper band issue price of Rs 700, opening at Rs 1160 for a listing gain of +65.7% and closing day one at Rs 1063.4 (+51.9% on closing basis). The IPO was subscribed 135.90x overall - QIB 293.56x, HNI/NII 170.94x, Retail 31.07x. The total issue size was Rs 852.18 Cr (Fresh Issue Rs 0 Cr, OFS Rs 852.18 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Defence Electronics & Imaging Systems
Tonbo Imaging India designs and manufactures defence electronics, electro-optic and infrared imaging, surveillance, guidance and communication systems.
Issue structure, listing outcome and context
The ₹852.18 crore IPO was entirely an offer for sale, priced at ₹700 per share. Shares opened on NSE at ₹1,160 on 23 October 2026. The reported latest traded price was ₹1,063.40.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | +74.30% |
| Day 4 | - | - |
| Day 5 | - | - |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 1.4 pp (Highly accurate)
How the broader market moved around the Tonbo Imaging India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Tonbo Imaging India IPO listed at +65.7% versus the upper issue price of Rs 700 on 23 October 2026.
Tonbo Imaging India IPO was subscribed 135.90x overall. QIB portion was subscribed 293.56x, HNI / NII 170.94x and Retail 31.07x.
Day-by-day IPO GMP data for Tonbo Imaging India is listed in the table above.