Tonbo Imaging sets Rs 665-700 IPO band for Rs 852.1 crore issue
In short
Tonbo Imaging India has set a price band of Rs 665 to Rs 700 per share for its Rs 852.1 crore IPO. The company is a defence tech firm.
The report does not say when the issue opens, who the anchor investors are, or what the money will be used for. Investors now have the key pricing, but several deal details are still missing.
What the reporting says
Tonbo Imaging India has set an IPO price band of Rs 665-Rs 700 per share for its Rs 852.1 crore issue. The source identifies the company as a defence tech firm, but the available reporting does not state the offer structure, timeline, anchor details or use of proceeds. The immediate market response is therefore unknown.
Why it matters
Tonbo Imaging India has launched the pricing step for its IPO, setting a band of Rs 665-Rs 700 for a Rs 852.1 crore issue. As a defence tech company, it sits at the intersection of technology and defence spending, but the source does not provide the offer schedule, allocation mix or proceeds use. That limits visibility on near-term subscription interest and valuation impact.