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Ankit Kumar
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- 12 OctTonbo Imaging sets IPO price band at ₹665-₹700 for ₹852 Cr OFS
Defence-tech company Tonbo Imaging has set a price band of ₹665-₹700 per share for an offer-for-sale (OFS) worth ₹852.1 crore, valuing the company at up to ₹4,009.8 crore at the top end. The issue is entirely an OFS with no fresh shares, opens for subscription on October 15 and closes on October 19, with anchor bidding on October 14.
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