How does tonbo imaging share price work?

Tonbo Imaging’s share price is fixed at ₹665-700 a share for its initial public offering (IPO). This price band is set according to a report by Business Standard. The exact details of the IPO and the share price are not provided in the evidence, but it does confirm the price range for the IPO.

The report does not provide information on how the share price is determined or what factors influence it. It only mentions the fixed price band for the IPO. The evidence does not contain any information on the IPO’s success, the number of shares being offered, or the expected return on investment.

Tonbo Imaging is described as a defence startup, but the evidence does not provide further details on the company’s background or its products. The report only focuses on the IPO price band.