Tempsens Instruments IPO Update
3 min read
Tempsens Instruments' IPO opens today, August 20, and the Grey Market Premium (GMP) suggests that it will have a strong performance at listing.
The Tempsens Instruments (India) Limited IPO opened for public subscription today, August 20, 2026. Investors can apply until August 24. The company is offering shares priced between ₹285 and ₹300 each, with a minimum purchase of 50 shares. The IPO will be listed on the BSE and NSE.
The initial response has been positive, with overall subscription reaching 4.43 times by the end of the first day. The retail portion was subscribed 6.16 times, and the non-institutional investor category was subscribed 6.27 times. However, the portion for qualified institutional buyers received only 0.03 times subscription.
Additionally, the IPO is currently valued at a grey market premium of ₹230 per share, suggesting strong demand and potential gains of over 76% from the upper price. Analysts believe the company's leadership in temperature sensing solutions and solid financial performance are strong advantages.
The IPO is expected to close on August 24, with share allotments likely to be finalized on August 25. Shares are anticipated to be listed on the BSE and NSE on August 28, depending on the final schedule.
The initial response has been positive, with overall subscription reaching 4.43 times by the end of the first day. The retail portion was subscribed 6.16 times, and the non-institutional investor category was subscribed 6.27 times. However, the portion for qualified institutional buyers received only 0.03 times subscription.
Additionally, the IPO is currently valued at a grey market premium of ₹230 per share, suggesting strong demand and potential gains of over 76% from the upper price. Analysts believe the company's leadership in temperature sensing solutions and solid financial performance are strong advantages.
The IPO is expected to close on August 24, with share allotments likely to be finalized on August 25. Shares are anticipated to be listed on the BSE and NSE on August 28, depending on the final schedule.
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Originally published on major financial portals.
