India · business · resolves 2026-10-30

Will Tonbo Imaging India's issue be oversubscribed by more than 8 times by the close of its IPO on 2026-10-30?

97%chance, per Kāla

Why

Base‑rate: Most Indian IPOs are subscribed far less than 8 times; only a small fraction exceed that level. Evidence: Multiple reputable reports (Economic Times on Oct 20 and Oct 23) state that Tonbo Imaging’s Rs 852 crore IPO was subscribed about 140 times (and 135.9 times at listing), far above the 8‑times threshold. No further events can reverse this outcome before the IPO close on Oct 30, so the question is essentially settled.

Based on 14 dated sources · first forecast 2026-10-19 · 6 updates · locked in and fingerprinted before the answer is known.

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