Home / Business and Economy / Tempsens IPO Soars: 105% Listing Gain Expected!
Tempsens IPO Soars: 105% Listing Gain Expected!
25 Aug
Summary
- Tempsens Instruments IPO saw 184.22x subscription on its final day.
- Grey market premium indicates a potential 105.67% listing gain.
- The IPO aims to raise Rs 650 crore for expansion and debt repayment.
The initial public offering (IPO) for Tempsens Instruments Ltd, a provider of temperature sensing and heating solutions, closed on August 24, 2026, after experiencing exceptionally high demand. On its final day, the Rs 650 crore IPO was subscribed 184.22 times, with strong interest across retail, non-institutional, and qualified institutional investor categories.
Market sentiment is highly positive, with unlisted shares commanding a grey market premium (GMP) of Rs 317 per share as of August 25, 2026. This GMP suggests a potential listing gain of approximately 105.67%, with an estimated listing price around Rs 617.
The Udaipur-based company, founded in 1990, plans to utilize the IPO proceeds for capital expenditure in electrical heating and specialized cable solutions. Funds will also be allocated towards debt repayment and general corporate purposes.
The IPO allotment status is expected to be finalized on August 25, 2026, with refunds and share credits scheduled for August 27, 2026. Tempsens Instruments is slated to be listed on both the BSE and NSE on August 28, 2026.
