Tonbo Imaging sets ₹852 crore IPO price band, targets ₹4,010 crore valuation
A ipo & listings development with market-wide reach.
· LiveMint Markets
The issue is entirely an offer for sale (OFS) of 12.2 million equity shares by promoters and existing investors, with no fresh issue component.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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