Figures last updated 21 Oct 2026, 11:00 PM IST · How we work · Report an error
At the upper price band of ₹700
From the offer document’s own listed-peer table
The offer document does not state the price band, offer price, or the company's price-to-earnings multiple as these are left blank ([●]) at the Red Herring Prospectus stage. Among the listed Indian peer group, P/E multiples range from 45.70 (Bharat Electronics Limited) to 117.74 (Paras Defence and Space Technologies Limited), with an industry peer average of 81.62.
How the size of this issue compares with every IPO in our archive
At ₹852 Cr, Tonbo Imaging India is a larger issue than 65% of the 719 Mainboard IPOs in our archive that state an issue size (the median is ₹572 Cr).
Of 324 Mainboard IPOs in our archive with an issue of ₹250 Cr to ₹1,000 Cr (listed 2010 to date), 67% opened above the issue price and 27% below. The median opening gain was +7.78%, and the middle half ranged from −0.39% to +30.97%.
This describes how past issues opened, not what this IPO will do: one issue can land far outside the range, the opening price says nothing about what happens afterwards, and past results are not a forecast.