Tonbo Imaging To File DRHP By August For INR 1,000 Cr IPO

The defence tech startup has appointed IIFL Securities and JM Financial as the book running lead managers for its IPO

Tonbo Imaging recently raised INR 175 Cr in its Series D pre-IPO funding round from Florintee Advisors and EXIM Bank at a post-money valuation of over INR 1,500 Cr

Tonbo’s revenue from its core business stood at INR 460 Cr in the year ended March 31, 2025 (FY25), while it posted a net profit of INR 72.5 Cr

Defence tech startup Tonbo Imaging is readying…