Tonbo Imaging IPO Oversubscribed 40X On Day 3 Till Now

Defence tech company Tonbo Imaging’s IPO has been oversubscribed 40.82X on the third day of bidding till now. Till 13:23 IST, investors have placed bids for 34.80 Cr shares against the 85.26 Lakh shares on offer, as per BSE data. NIIs are leading demand for the public float till now, placing bids for 18.56 Cr shares against the 18.24 Lakh shares reserved for them.