📰 ET Markets ⚪ NEUTRAL 🕒 16 Oct 2026, 09:38 AM IST

Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details

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Market & Financial Impact: Tonbo Imaging India’s Rs 852.18 crore IPO received four times subscription on Day 1, supported by strong institutional demand and a 71% grey market premium. The defence technology company’s offer-for-sale coincides with declining FY26 revenue and profits, despite its specialised imaging systems and international defence presence.

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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 ↗

Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details

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