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Defence tech firm Tonbo Imaging sets IPO price band at Rs 665-700; issue to open on Oct 15

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Core Development: Defence tech firm Tonbo Imaging sets IPO price band at Rs 665-700; issue to open on Oct 15
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Market & Financial Impact: Tonbo Imaging India has set a pricing band of Rs 665-700 per share ahead of its anticipated IPO. This public offering will be available for subscription from October 15 to October 19, featuring an Offer for Sale exclusively from existing investors and promoters. Founders and various shareholders are collaborating in this share offloading initiative, with JM Financial and IIFL Capital Services serving as the book-running lead managers for the offering.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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