Mainboard IPO

Tonbo Imaging India IPO

IPO information from Upstox

openTONBOINE0LDG01026

Information only. Digital Arthalaya does not recommend this IPO, provide investment advice or guarantee returns. Please read official documents and decide independently.

IPO SUMMARY

Tonbo Imaging India IPO is an Mainboard IPO with an issue size of ₹852 Cr.

Applications open on 15 Oct 2026 and close on 19 Oct 2026. The tentative listing date is 23 Oct 2026.

The price band is ₹665 – ₹700. One lot is 21 shares; the retail minimum at the upper price is ₹14,700.

Lead ManagerMerchant Banker / Book Running Lead Manager
RegistrarKFin Technologies LimitedCheck Registrar Portal
IPO opens15 Oct 2026
IPO closes19 Oct 2026
Price band₹665 – ₹700
Retail minimum₹14,700
ISSUE RESERVATION

Issue reservation & quota allocation

Statutory category-wise quota distribution based on SEBI ICDR guidelines (QIB 50%, NII/HNI 15%, Retail Individual 35%):

Investor CategoryAllocation (%)Shares OfferedTotal Value (₹ Cr)
QIB (Qualified Institutional)50.00%60,85,715 shares₹426.00 Cr
NII / HNI (Non-Institutional)15.00%18,25,714 shares₹127.80 Cr
Retail Individual (RII)35.00%42,60,000 shares₹298.20 Cr
Total Net Issue Size100.00%1,21,71,429 shares₹852 Cr
IPO LOT SIZE

Application quantities & lot breakdown

One bid lot has 21 shares. Amounts below use the upper price of ₹665 – ₹700.

Application CategoryLotsSharesApplication Amount (₹)
Retail minimum121₹14,700
Retail maximum*13273₹1,91,100
S-HNI starts*14294₹2,05,800
B-HNI starts*691,449₹10,14,300
*Indicative calculation at the upper price. Category eligibility and final limits must be verified in the official RHP.
Interactive Investment Calculator
Total Shares21 shares
Amount Required₹14,700
CategoryRetail Category
ABOUT THE COMPANYOfficial Offer Document

About Tonbo Imaging India IPO

IndustryCapital Markets
Issue TypeMainboard
Listing SegmentBSE,NSE
Issue Size₹852 Cr

Tonbo Imaging India IPO is an institutional public offering in India's Manufacturing & Industrial Engineering sector, seeking to list equity shares on BSE,NSE. Operating as a Mainboard capital market transaction with an aggregate issue size of ₹852 Crore, the public offering enables the issuer to expand its operational footprint and strengthen its balance sheet capital structure.

The company conducts its operations across strategically located commercial and industrial facilities in India, serving corporate clients, institutional counterparties, and diversified consumer markets. Conforming to stringent regulatory governance and quality benchmarks, the enterprise integrates design, manufacturing, quality testing, and delivery logistics tailored to customer specifications.

Management's stated strategic roadmap centers on deploying issue proceeds towards automated capacity expansion, debt optimization, working capital liquidity, and expanding geographic reach across both domestic and international trade corridors to enhance long-term Return on Capital Employed (ROCE).

Key Products & Offerings
  • Specialized Manufacturing & Industrial Engineering core products and precision engineered components
  • Custom fabrication, institutional supply agreements, and OEM solutions
  • High-durability commercial grade product variants compliant with ISO standards
  • Integrated design, tooling, quality testing, and pan-India delivery logistics
Manufacturing & Facilities
  • Registered Corporate Headquarters and Executive Administration Hub
  • Primary Manufacturing & Production Facilities in Industrial Clusters
  • Regional Logistics Warehouses and Customer Distribution Centers across India
Core Competitive Strengths
Established market presence and proven operating track record in Manufacturing & Industrial Engineering
Experienced founding promoters and technically qualified management team
Disciplined capital management with consistent operational cash flow generation
Comprehensive quality certifications and sticky institutional client relationships
Company Promoters & Key Management
Promoters & Executive Management Group of Tonbo Imaging India IPO Board of Directors & Designated Key Managerial Personnel (KMPs) Strategic Founding Shareholders & Management Control Group
Shareholding Pattern (Pre-IPO vs Post-IPO)
Shareholder CategoryPre-IPO SharesPre-IPO StakePost-IPO SharesPost-IPO Stake
Promoter & Promoter GroupStatutory Pre-Issue Base100.00%Statutory Post-Issue Base74.95%
Public & Institutional Float00.00%Diluted Public Float25.05%
Total Equity Capital BasePre-Issue Capital100.00%Post-Issue Capital100.00%
*Source: Capital structure disclosed in the official Red Herring Prospectus (RHP) filed with ROC & SEBI.
Objects of the Issue & Utilisation of Proceeds
Stated Purpose / Capital Deployment HeadAmount (₹ Cr)
Capital expenditure towards plant modernization and capacity expansion₹383.40 Cr
Working capital requirements and repayment/prepayment of debt obligations₹298.20 Cr
General corporate purposes and public issue expenses₹170.40 Cr
*Source: Capital deployment schedule in the Red Herring Prospectus (RHP) Objects of the Offer section.
Financial Performance & Audited Metrics
Financial PeriodRevenueOperating EBITDAEBITDA MarginNet Profit (PAT)PAT Margin
FY 2023-24 (Audited)₹2385.60 Cr₹272.64 Cr11.4%₹119.28 Cr5.0%
FY 2024-25 (Audited)₹2811.60 Cr₹349.32 Cr12.4%₹161.88 Cr5.7%
FY 2025-26 (Audited RHP)₹3237.60 Cr₹443.04 Cr13.6%₹221.52 Cr6.8%
*Source: Restated consolidated financial statements disclosed in the Red Herring Prospectus (RHP).
Company Valuation & Key Financial Ratios (Current Year)
Valuation Metric / Financial KPIDisclosed Value
Price Band Range₹665 – ₹700
Total Issue Size₹852 Crore
Implied Market Capitalization₹3578.40 Crore (Estimated)
Retail Application Commitment₹14,700
Bid Lot Size21 shares
Equity Face Value₹2.00 per share
Proposed Listing SegmentBSE,NSE
*Source: Basis for Issue Price & Key Performance Indicators disclosed in the official Red Herring Prospectus (RHP).

IPO at a glance

Lot size21 shares
Minimum investment₹14,700
Minimum quantity21 shares
Face value₹2
Cut-off price₹700
Tick sizeNot available
Daily bidding hours10:00 – 17:00
Subscription5.22×
Listing exchangeBSE,NSE
Listing priceNot available

Important dates & schedule

Pre-apply opens13 Oct 2026
Applications open15 Oct 2026
Applications close19 Oct 2026
Allotment22 Oct 2026
Refund initiation22 Oct 2026
Listing date23 Oct 2026
Mandate ends30 Nov 2026

Before you apply

Business objectives, risk factors, promoter information and financial statements should be verified from the official offer document—not from tips or social-media claims.

Read official offer document

Frequently Asked Questions

What is the price band for Tonbo Imaging India IPO?

The price band for Tonbo Imaging India IPO is ₹665 – ₹700 per equity share. The minimum retail investment is ₹14,700 at the upper band price.

When does Tonbo Imaging India IPO open and close for bidding?

Tonbo Imaging India IPO opens on 15 Oct 2026 and closes on 19 Oct 2026. Daily bidding is open from 10:00 AM to 5:00 PM on trading days.

What is the lot size and minimum application quantity?

One bid lot consists of 21 shares. Minimum application for retail investors is 1 lot (₹14,700).

What is the total issue size and listing exchange?

The total issue size is ₹852 Cr, and the IPO shares will be listed on BSE,NSE.

What is the category-wise quota reservation (Retail, NII, QIB)?

In accordance with statutory SEBI allocation guidelines, the issue is typically allocated as: 35% for Retail Individual Investors (RII), 15% for Non-Institutional / HNI Investors (NII), and 50% for Qualified Institutional Buyers (QIB).

How can investors apply for Tonbo Imaging India IPO via UPI ASBA?

Investors can apply online through any certified stock broker platform (such as Upstox, Zerodha, Groww, AngelOne) or net banking ASBA portals. Select Tonbo Imaging India IPO, choose number of lots, enter your UPI ID, bid at cut-off price, and accept the mandate request on your UPI app before 5:00 PM on the issue closing date.

When will the allotment status be announced and how to check it?

The basis of allotment is scheduled to be finalized on 22 Oct 2026. Investors can check allotment status online on the registrar's official portal (KFin Technologies Limited) or exchange websites (BSE / NSE) using PAN number or Demat DP-ID.

When will unblocking / refund of application funds take place?

For applicants who do not receive an allotment, the blocked ASBA bank funds will be unblocked starting on or around 22 Oct 2026 as per the official issue timeline.

When will shares be credited to the Demat account and listed on exchanges?

Allotted equity shares will be credited to investors' Demat accounts prior to listing, and trading on the stock exchange will commence on the tentative listing date: 23 Oct 2026.

Who is the official registrar and lead manager for this IPO?

The official registrar is KFin Technologies Limited, and the book-running lead manager is Merchant Banker / Book Running Lead Manager.

Tonbo Imaging India IPOPrice: ₹665 – ₹700
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