Tonbo Imaging IPO closes on Oct. 19 as a pure OFS issue
In short
Tonbo Imaging’s IPO was described as a complete Offer For Sale, so the company will not get any money from the issue. The subscription is set to close on Monday, October 19.
A market summary also mentioned a ₹500 grey-market premium. That number was not from an official filing, and the report did not say how much demand there was overall.
What the reporting says
Tonbo Imaging’s IPO was reported as a complete Offer For Sale, meaning the company will not receive issue proceeds, and subscription is set to close on Monday, October 19. The publisher-supplied summary also said the offer was on day 2 and referenced a ₹500 grey-market premium, but that figure was not part of an official filing. It remains unclear how much demand the issue had at the time.
Why it matters
The report says Tonbo Imaging’s IPO is entirely an Offer For Sale, so funds raised go to selling shareholders rather than the company. It also says the issue closes on Monday, October 19, and notes a ₹500 grey-market premium in a market summary. The immediate takeaway is limited to issue structure and timing; actual subscription figures are not stated.