Tonbo Imaging India IPO Day 3: GMP at 74%, issue subscribed over 7x. Check key details

Tonbo Imaging India’s IPO closes amid strong investor demand, with 7.78 times subscription by Day 2 and a grey market premium of 74%. The Rs 852.18 crore issue is entirely an offer for sale. Investors will track allotment, listing expectations and the defence technology company’s declining FY26 financial performance.