Tonbo Imaging Files DRHP for IPO

Tonbo Imaging, a company that makes defence electronics and imaging equipment, has taken a big step towards going public.

They filed some important papers with the government to raise money by selling over 1.8 crore shares.

The company makes things like thermal imaging systems and night-vision devices, which are used in defence and security.

They sell their products all over the world, and a big part of their business comes from exports.

In the last financial year, they made Rs 469 crore in revenue and Rs 72.7 crore in profit.

The company is managed by JM Financial and IIFL Capital, who are helping them with this process.

It's a big deal because Tonbo Imaging is the largest exporter of thermal imaging systems in India.