[Update] Tonbo Imaging IPO Closes With 135.9X Oversubscription
![[Update] Tonbo Imaging IPO Closes With 135.9X Oversubscription](https://inc42.com/cdn-cgi/image/quality=90/https://asset.inc42.com/2026/10/Tonbo-FTR-1.jpg)
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Update| October 19, 18:30 IST
Tonbo Imaging’s ₹852 Cr IPO closed with an oversubscription of 135.9X on the third and final day of bidding. Investors placed bids for 115.87 Cr shares against the 85.26 Lakh shares on offer, with qualified institutional buyers (QIBs) leading the charge.
QIBs placed bids for 71.39 Cr shares against their quota of 24.32 Lakh, translating to a subscription of 293.56X. Domestic financial institutions placed the highest 28.13 bids, while foreign institutional buyers bi
Tonbo Imaging’s ₹852 Cr IPO closed with an oversubscription of 135.9X on the third and final day of bidding. Investors placed bids for 115.87 Cr shares against the 85.26 Lakh shares on offer, with qualified institutional buyers (QIBs) leading the charge.
QIBs placed bids for 71.39 Cr shares against their quota of 24.32 Lakh, translating to a subscription of 293.56X. Domestic financial institutions placed the highest 28.13 bids, while foreign institutional buyers bi
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