Tonbo Imaging Files DRHP For OFS-Only IPO

by · Inc42

SUMMARY

  • The defence tech startup's public issue will have an OFS of up to 1.81 Cr equity shares
  • Investor CEAQ Technologies plans to offload the maximum 1.5 Cr shares, while promoters and promoter group entity will be selling about 23 Lakh shares via the IPO
  • The startup's objective behind the public listing is to enhance its visibility and brand image, as well as provide liquidity to shareholders