2026-09-30 05:07:34 pm | Source: Accord Fintech
Tonbo Imaging India gets Sebi's green signal to raise funds via IPO
Tonbo Imaging India has received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offering (IPO).
The company’s proposed IPO comprises an OFS of up to 18,085,246 equity shares, with no fresh issue component. As the issue is entirely an OFS, Tonbo Imaging will not receive any proceeds from the share sale, and the proceeds will accrue to the selling shareholders.
Tonbo Imaging India, founded in 2003, is a global defence electronics OEM engaged in designing, developing and manufacturing sensing, processing, communication and guidance systems.
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