Tonbo Imaging India IPO Details, Financials, Valuation & Peers
Explore Tonbo Imaging India IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Tonbo Imaging India Limited is a defence electronics original equipment manufacturer (OEM) specializing in the design, development, and manufacture of advanced electro-optic and infrared (EO/IR) technologies, embedded vision solutions, and surveillance systems. The company serves defence and security organizations across 24 countries, providing critical equipment for battlefield applications.
Main Products and Solutions Tonbo’s portfolio includes tactical, platform, and directed energy systems, such as:
- Tactical and Surveillance: Thermal imaging equipment, handheld devices, and target acquisition systems.
- Weapon and Missile Systems: Weapon sights, fire control systems, missile seekers, and guidance solutions.
- Platform Systems: Subsystems for aerial, ground, and weapon platforms, including threat-neutralization capabilities.
- Directed Energy: The "WaveStrike" high-power microwave (HPM) platform designed to counter emerging threats like drone swarms.
Key Highlights
- Global Footprint and Scale: With over 28,000 systems deployed globally, Tonbo was India’s largest manufacturer and exporter of thermal imaging systems by volume between FY2024 and FY2026.
- ITAR-Free Intellectual Property: The company utilizes proprietary, fully-owned technology that is free from International Traffic in Arms Regulations (ITAR) restrictions, facilitating seamless access to international markets.
- Commitment to Indigenous Manufacturing: Tonbo is an approved supplier under India’s Indigenously Designed, Developed and Manufactured (IDDM) framework, aligning with the "Make in India" and "Atmanirbhar Bharat" initiatives.
- Innovation-Driven Model: The company maintains a strong focus on in-house research and development, supported by specialized engineering capabilities and advanced manufacturing infrastructure.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 15 Oct - 19 Oct 2026 |
| IPO Price Band | ₹665 - ₹700 per share |
| Fresh Issue | |
| Offer For Sale | ₹852.18 crore |
| Total IPO Size | ₹852.18 crore |
| Face Value | ₹2 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 15 Oct 2026 |
| IPO Closing Date | 19 Oct 2026 |
| Basis Of Allotment | 21 Oct 2026 |
| Refunds | 22 Oct 2026 |
| Demat Transfer | 22 Oct 2026 |
| IPO Listing Date | 23 Oct 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|
| Assets | 574.68 | 726.36 | 782.50 | 782.87 |
| Total Income | 431.90 | 474.39 | 369.94 | 37.32 |
| Profit After Tax | 68.54 | 72.76 | 50.88 | -17.74 |
| EBITDA | 112.32 | 139.06 | 104.62 | -13.04 |
| NET Worth | 230.13 | 490.14 | 553.16 | 538.54 |
| Reserves and Surplus | 168.99 | 489.41 | 541.70 | 527.08 |
| Total Borrowing | 96.36 | 78.14 | 116.06 | 129.72 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Tonbo Imaging India Ltd. | 78.83 | 8.88 | 9.75% | 96.57 |
| Bharat Electronics Ltd | 45.7 | 8.29 | 32.82 | |
| Zen Technologies Ltd | 73.44 | 21.52 | 209.22 | |
| Astra Microwave Products Ltd | 83.92 | 20.27 | 138.46 | |
| Data Patterns (india) Ltd | 87.29 | 48.47 | 17% | 310.08 |
| Paras Defence And Space Technologies Ltd | 117.88 | 10.93 | 90.02 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1JM Financial Ltd.
- 2IIFL Capital Services Ltd.
Company Address
Tonbo Imaging India Ltd.No.3 Chikkayellappa Tower-II,1st C Main
Sarjapur Main Road, Jakkasandra Extension,
Chikkayellappa Industrial Layout
Bengaluru, Karnataka – 560034
Website: https://tonboimaging.com/
Phone: 63 64 926 273
Email: compliance@tonboimaging.com
FAQs
- What is the issue size of the Tonbo Imaging India IPO?The Tonbo Imaging India IPO has an issue size of ₹852.18 crore. This includes a fresh issue of null and an offer for sale (OFS) of ₹852.18 crore.
- What is the price band of the Tonbo Imaging India IPO?The price band for the Tonbo Imaging India IPO is ₹665 - ₹700 per share.
- What are the bidding dates for the Tonbo Imaging India IPO?The Tonbo Imaging India IPO will open for bidding on 15 Oct 2026 and close on 19 Oct 2026.
- What is the allotment date for the Tonbo Imaging India IPO?The allotment date for the Tonbo Imaging India IPO is 21 Oct 2026.
- What is the minimum lot size and investment required for the Tonbo Imaging India IPO?The minimum lot size for the Tonbo Imaging India IPO is 6650070000 shares and the minimum investment required is ₹46,55,04,90,00,000.
- What is the listing date for the Tonbo Imaging India IPO?The listing date for the Tonbo Imaging India IPO is 23 Oct 2026.
- What is the Tonbo Imaging India IPO grey market premium?The grey market premium (GMP) for the Tonbo Imaging India IPO is currently at ₹500, with an expected listing gain of approximately 71.43%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.