Tonbo Imaging India Limited IPO: GMP today, Price, Review, Detail

Tonbo Imaging India Limited is a global defence electronics original equipment manufacturer (OEM) that designs, develops and manufactures advanced sensing, imaging, guidance and surveillance systems used by defence forces and homeland security agencies worldwide.

It has over 20,000 systems deployed across ~24 countries and supplies global defence forces, law enforcement, homeland security agencies and defence OEMs; it accounted for ~93% of India’s thermal imaging exports in FY25.

Tonbo Imaging India Limited has filed DRHP with SEBI for a proposed IPO with an issue size of ~1.81 Cr Equity shares consisting no Fresh Issue but entirely as an Offer for Sale (OFS) of ~1.81 Cr Equity shares.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Issue Size:~1.81 Cr Equity shares
Fresh Issue:00 Equity shares
Offer for Sale:~1.81 Cr Equity shares
Price Range:TBA
Lot Size:TBA
GMPPending

Tonbo Imaging India Limited important data points


Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 490.1 Cr
Revenue:₹ 469.1 Cr
EBITDA₹ 139.1 Cr
PAT₹ 72.8 Cr
EBITDA Margin:~29.65%
PAT Margin~15.34%
Face Value:Rs. 02 per Equity Share

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing repayment/prepayment~ ₹ 00 Cr
Upgrading & Setting new Manufacturing facility~ ₹ 00 Cr
Working capital requirements~ ₹ 00 Cr
General Corporate Purpose~ ₹ 00 Cr

Tonbo Imaging India Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 96.8₹ 428.2₹ 469.1
PAT (₹ Cr)₹ 1.2₹ 68.5₹ 72.8
Asset (₹ Cr)₹ 171.1₹ 574.7₹ 726.4
Net Worth (₹ Cr)₹ 29.9₹ 230.1₹ 490.1

Tonbo Imaging India IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
16-Feb₹ –₹ –₹ –
15-Feb₹ –₹ –₹ –
14-Feb₹ –₹ –₹ –
13-Feb₹ –₹ –₹ –
12-Feb₹ –₹ –₹ –

Tonbo Imaging India Limited

Tonbo Imaging India Limited IPO Pros & Cons

Strengths:

Risks:

Tonbo Imaging India Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Arvind Kondangi Lakshmikumar~8.67%
Ankit Kumar~5.30%
Cecilia D’Souza~3.45%

Tonbo Imaging India Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)1₹ –
Retail (Max)13₹ –
Small HNI (Min)14₹ –
Small HNI (Max)66₹ –
Big HNI (Min)67₹ –

Lead Managers / Registrars of Tonbo Imaging India Limited 

Lead / Book Running Lead ManagersJM Financial Limited, IIFL Capital Services Limited
Registrar (RTA)KFin Technologies Limited

Founding Year of Tonbo Imaging India Limited & Managing Director

Tonbo Imaging India Limited was incorporated in the year 2012.

Mr. Arvind Lakshmikumar serves as CEO of the company.

Tonbo Imaging India Limited FAQ

  • It designs, develops and manufactures advanced defence electronics, sensing, imaging, guidance and surveillance systems used by militaries, law enforcement and security agencies globally.
  • Tonbo Imaging is raising funds via IPO entirely as an Offer for Sale (OFS) to provide liquidity to existing shareholders and create a public market; the company itself won’t receive funds.
  • The issue size of the IPO is up to ~1.81 crore equity shares. It will be listed on the BSE & NSE platform.
  • Positive sides to invest in the IPO is strong growth in defence tech, global deployment across 24 countries and dominance in thermal imaging exports are key growth drivers.
  • You can apply for the IPO via ASBA through bank net banking, UPI on trading apps, or through your broker once the IPO opens for subscription.
  • Expected listing date is yet to be announced.

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