Tonbo Imaging Files DRHP For OFS-Only IPO

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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

Defence tech startup Tonbo Imaging has filed a DRHP with the Securities and…



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Tonbo Imaging Files DRHP For OFS-Only IPO


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

Defence tech startup Tonbo Imaging has filed a DRHP with the Securities and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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