Tonbo Imaging's ₹852-crore IPO closes with 135.9x oversubscription

The IPO of Tonbo Imaging India closed with an oversubscription of 135.9x on the final day of bidding on Monday, according to NSE data. The ₹852.18-crore IPO received bids for 1,15,86,91,464 shares against 85,26,033 shares on offer. The qualified institutional buyers led the demand with a 293.56 times subscription, while the non-institutional investor portion was subscribed 170.94 times.