IPO-Bound Tonbo Imaging Nets ₹255 Cr From Anchor Investors

Ahead of the commencement of the bidding for its public issue on October 15, defence tech startup Tonbo Imaging has raised ₹255.4 Cr from anchor investors. According to BSE data , the startup allotted 36.5 Lakh equity shares to 43 anchor investors at ₹700 apiece, the upper band of its IPO price band. Of the total anchor allocation, 21.1 Lakh shares, or 57.7%, were lapped up by 12 domestic mutual funds via a total of 25 schemes.