Amansa Investments, SBI Mutual Fund, others invest Rs 413 Cr in Tonbo Imaging ahead of IPO
Amansa Investments, SBI Mutual Fund and HDFC Life Insurance Company, among others, have invested over Rs 413 crore in defence electronics maker Tonbo Imaging India Ltd through secondary share transactions, valuing the company at around Rs 4,000 crore.
Via YourStory
This comes ahead of the company's Rs 852 crore Initial Public Offering (IPO).
The transactions, executed on September 29-30, involved existing investors CEAQ Singapore and CEAQ India transferring shares to a group of domestic and international institutional investors, according to the Red Herring Prospectus (RHP).
The buyers included Amansa Investments, Malabar India Fund, SBI Emergent India Fund, SBI Optimal Equity Fund, HDFC Life Insurance Company, Susquehanna Asia Technology, Valuequest Founders Conviction and 360 ONE Multi-Stage Defence and Space Fund, it…
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