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Tonbo Imaging
Trends
- 1
Indian investors are tracking the grey market premium for Tonbo Imaging's upcoming IPO after the defence technology firm set its price band at Rs 665-700 per share, with the issue opening on October 15. Interest grew after Amansa Investments, SBI Mutual Fund and other investors put in Rs 413 crore ahead of the listing, and a strong subscription for peer HD Fire Protect's issue has lifted sentiment for new defence listings.
- 2
Manufacturing platform Zetwerk is preparing an IPO of roughly ₹5,000 crore, including a fresh issue of about ₹2,830 crore, and is pointing to an order book of around ₹12,500 crore. Coverage is focused on the grey market premium, price band, listing dates and how Zetwerk compares with other IPOs launching at the same time, such as Bonfiglioli, Tonbo Imaging and Sahajanand Medical.