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Tempsens Instruments IPO subscription and market debut

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2026-08-25 09:44 UTC → 2026-08-28 08:59 UTC · added removed

Tempsens Instruments IPO subscription and allotment status market debut

Tempsens Instruments (India) Ltd announced its intention to launch launched a Rs 650 crore initial public offering (IPO) with a price band of Rs 285-300 per equity share. The company planned to use the proceeds for capital expenditure in electrical heating and specialized cable solutions, debt repayment, issue, which opened on August 20 and general corporate purposes. On closed on August 20, the company officially opened its bidding process. The book build issue consists of 24, comprised a fresh issue of 0.32 crore shares worth Rs 95 crore and an offer for sale of 1.85 crore shares totaling Rs 555 crore. Before the opening, the The company raised Rs 194.5 crore from 29 anchor investors, including Goldman Sachs, Aranda Investments, HDFC AMC, Nippon Life India, intended to use proceeds for capital expenditure in electrical heating and Tata Mutual Fund. specialized cable solutions, debt repayment, and general corporate purposes. The subscription period closed on August 24 saw high demand, with an overall subscription rate of 184.07 times. Demand was particularly high among led by Non-Institutional Investors (NII) at 314.44 times, Qualified Institutional Buyers (QIB), which were subscribed (QIB) at 302.88 times, and Non-Institutional Investors (NII), which saw 314.44 times subscription. Retail Individual Investors subscribed at 60.69 times. The basis of Following the allotment is expected on August 25, with process, shares anticipated were expected to be credited to demat accounts by August 27. The company is scheduled to make On August 28, Tempsens Instruments made its market debut on the BSE and NSE. The shares listed at a significant premium, opening at ₹634 on the NSE and ₹631 on August 28. While unofficial, the grey market BSE, representing an approximate 111% premium (GMP) has suggested potential listing gains of over 100%, the ₹300 issue price. The Udaipur-based manufacturer, which is India’s largest temperature sensor manufacturer, reported strong financial growth leading up to the listing, with some estimates projecting a listing price revenue, EBITDA, and PAT compound annual growth rates of approximately ₹617. 27.2%, 35.2%, and 28.2% respectively between FY24 and FY26.

Versions

  1. 2026-08-28 08:59 UTC Tempsens Instruments IPO subscription and market debut
  2. 2026-08-25 09:44 UTC Tempsens Instruments IPO subscription and allotment status
  3. 2026-08-20 04:07 UTC Tempsens Instruments IPO process

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