Business · Companies · 9 hrs ago
Tonbo Imaging raises Rs 255 crore from anchor investors ahead of IPO
Bengaluru-based defence technology company Tonbo Imaging raised Rs 255 crore from anchor investors before its planned share sale.
It allotted 36.48 lakh shares at Rs 700 each, the top of its Rs 665–700 price range.
The IPO opens October 15 and closes October 19, with the company offering up to 1.22 crore shares.
The sale is entirely an offer for sale, meaning the proceeds go to selling shareholders, not Tonbo Imaging.
Tonbo makes thermal imaging systems used in surveillance, targeting and border security, and supplies government and defence agencies.
Its business is tied to India's defence technology and manufacturing sector, where government spending, orders and export opportunities will be watched.
The shares are proposed to be listed on stock exchanges after the IPO process is completed.
Tonbo Imaging said it raised Rs 255 crore from anchor investors ahead of its IPO, allotting shares at Rs 700 each.
The IPO is entirely an offer for sale and is valued at about Rs 852 crore at the upper end of its price band.
The offer is scheduled to open on October 15 and close on October 19, 2026.
Economic Times says the anchor book included domestic mutual funds, insurers and global institutional investors, including SBI Mutual Fund and BlackRock.
YourStory’s headline reports Rs 413 crore invested ahead of the IPO, a different figure from Economic Times’ Rs 255 crore anchor-round figure.
- Who
- Tonbo Imaging India, a Bengaluru-based defence technology company, raised money from anchor investors.
- What
- It allotted 36.48 lakh shares at Rs 700 each. The IPO is an offer for sale of up to 1,21,74,046 shares.
- When
- The anchor round was reported on October 14, 2026. The IPO is scheduled to open on October 15 and close on October 19, 2026.
- Where
- Tonbo Imaging is based in Bengaluru, India.
- Why
- The anchor investment took place ahead of the company’s IPO. The sources do not state another reason.
This story does not have two clearly opposing sides.
YourStory published a headline reporting that Amansa Investments, SBI Mutual Fund and others invested Rs 413 crore in Tonbo Imaging ahead of its IPO.
Economic Times reported that Tonbo Imaging raised Rs 255 crore from anchor investors and allotted shares at Rs 700 each.
Tonbo Imaging’s IPO is scheduled to open for subscription.
Tonbo Imaging’s IPO is scheduled to close for subscription.
- Anchor raise reported by Economic Times
- Rs 255 crore
- Investment reported in YourStory headline
- Rs 413 crore
- Anchor share allotment
- 36.48 lakh shares at Rs 700 each
- IPO size at upper price band
- About Rs 852 crore
- IPO price band
- Rs 665–700 per share
- IPO dates
- October 15–19, 2026