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The Economic Times

Business

Veer Sharma

Tonbo Imaging’s Rs 852 crore IPO subscribed 140x. Check GMP, allotment, other details

Tonbo Imaging India’s Rs 852.18-crore initial public offering (IPO) closed with robust demand, attracting 135.9 times subscription by the end of bidding on October 19, according to NSE data.

The issue received bids for 1,15,86,91,464 shares against 85,26,033 shares on offer. Qualified institutional buyers led the demand, subscribing to their allotted portion 293.56 times. The non-institutional investor category was subscribed 170.94 times, while the retail portion saw 31.06 times subscription.

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