Tonbo Imaging’s initial public offering, valued at Rs 852 crore, was subscribed 140 times. The subscription figure is the central development from the company’s public issue and points to substantial demand for the shares offered.
Strong demand marks the public offering
The 140-times subscription means investor bids significantly exceeded the shares available through the issue. For Tonbo Imaging, the response places the IPO among the closely watched public offerings highlighted by the available details.
The size of the issue was Rs 852 crore, while the reported subscription level was 140 times. Together, these figures define the main terms of the offering reported so far.
GMP and allotment details
Information on the grey market premium and share allotment is not included in the available report. Investors seeking those details would need to refer to the company’s official issue-related updates or exchange disclosures.
For now, the strongest confirmed takeaway is the scale of demand: Tonbo Imaging’s Rs 852 crore IPO attracted subscriptions equivalent to 140 times the shares on offer.