Tonbo Imaging Makes Strong Market Debut, Lists At 66% Premium To IPO Price
Tonbo Imaging debuted at ₹1,162 on the BSE and ₹1,160 on the NSE, representing a 66% and 65.71% premium respectively over its ₹700 issue price. The IPO was massively oversubscribed at 135.9x with 115.87 crore share bids against 85.26 lakh shares offered. The public offering comprised entirely an offer for sale with no fresh capital raised for the company. Anchor investors contributed ₹255.4 Cr, with participation from SBI Mutual Fund, Goldman Sachs, BlackRock, and WhiteOak Capital.
Key points
- Tonbo listed at 66% premium over ₹700 issue price
- IPO oversubscribed 135.9x, demonstrating strong investor demand
- Market cap reached ₹6,656.18 Cr at listing; no fresh capital raised
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