Tempsens Instruments IPO: Issue subscribed over 184 times on final day; check latest GMP
The IPO comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) of 1.85 crore shares worth Rs 555 crore by existing shareholders, including Amit Talesara, Puneet Talesara and Chandra Prakash Talesara.
- Aug 24, 2026,
- Updated Aug 24, 2026 5:24 PM IST
The initial public offering (IPO) of Rajasthan-based Tempsens Instruments (India), a manufacturer of contact and non-contact temperature sensors, continued to garner a strong response on the final day of bidding on Monday, August 24. The issue, which opened for subscription on August 20, was subscribed 184.07 times.
The IPO received bids for 2,79,44,36,850 shares against 1,51,81,667 shares on offer. The Non-Institutional Investors (NII) portion was subscribed 314.44 times, while the Qualified Institutional Buyers (QIB) quota was subscribed 302.88 times. The employee reserved portion received 124.94 times subscription, while the retail portion was subscribed 60.69 times.
Ahead of the IPO, Tempsens Instruments raised Rs 194.5 crore from anchor investors on August 19. The company allotted 64.84 lakh equity shares to 29 anchor investors, including Aranda Investments, owned by Singapore's Temasek Holdings, Goldman Sachs and Prashant Khemka's Ashoka WhiteOak ICAV - Ashoka WhiteOak Emerging Markets Equity Fund.
The IPO had a price band of Rs 285-300 per share and aimed to raise around Rs 650 crore.
Tempsens Instruments IPO GMP
Tempsens Instruments continued to command a premium in the grey market. The latest available grey market premium (GMP) stood at 99 per cent.
The IPO comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) of 1.85 crore shares worth Rs 555 crore by existing shareholders, including Amit Talesara, Puneet Talesara and Chandra Prakash Talesara.
Of the proceeds from the fresh issue, Rs 18 crore will be used for capital expenditure related to electrical heating solutions and specialised cable solutions. Another Rs 55 crore is earmarked for prepayment or scheduled repayment of outstanding borrowings, with the remaining amount intended for general corporate purposes.
What brokerages said
SBI Securities had recommended subscribing to the IPO at the cut-off price, citing the company's presence across temperature sensing solutions, electrical heating solutions and specialised cables.
Geojit had also assigned a 'Subscribe' rating to the issue for medium- to long-term investors.
The grey market premium is based on unofficial market activity and is not a regulated indicator of the IPO's listing price or future performance.
The initial public offering (IPO) of Rajasthan-based Tempsens Instruments (India), a manufacturer of contact and non-contact temperature sensors, continued to garner a strong response on the final day of bidding on Monday, August 24. The issue, which opened for subscription on August 20, was subscribed 184.07 times.
The IPO received bids for 2,79,44,36,850 shares against 1,51,81,667 shares on offer. The Non-Institutional Investors (NII) portion was subscribed 314.44 times, while the Qualified Institutional Buyers (QIB) quota was subscribed 302.88 times. The employee reserved portion received 124.94 times subscription, while the retail portion was subscribed 60.69 times.
Ahead of the IPO, Tempsens Instruments raised Rs 194.5 crore from anchor investors on August 19. The company allotted 64.84 lakh equity shares to 29 anchor investors, including Aranda Investments, owned by Singapore's Temasek Holdings, Goldman Sachs and Prashant Khemka's Ashoka WhiteOak ICAV - Ashoka WhiteOak Emerging Markets Equity Fund.
The IPO had a price band of Rs 285-300 per share and aimed to raise around Rs 650 crore.
Tempsens Instruments IPO GMP
Tempsens Instruments continued to command a premium in the grey market. The latest available grey market premium (GMP) stood at 99 per cent.
The IPO comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) of 1.85 crore shares worth Rs 555 crore by existing shareholders, including Amit Talesara, Puneet Talesara and Chandra Prakash Talesara.
Of the proceeds from the fresh issue, Rs 18 crore will be used for capital expenditure related to electrical heating solutions and specialised cable solutions. Another Rs 55 crore is earmarked for prepayment or scheduled repayment of outstanding borrowings, with the remaining amount intended for general corporate purposes.
What brokerages said
SBI Securities had recommended subscribing to the IPO at the cut-off price, citing the company's presence across temperature sensing solutions, electrical heating solutions and specialised cables.
Geojit had also assigned a 'Subscribe' rating to the issue for medium- to long-term investors.
The grey market premium is based on unofficial market activity and is not a regulated indicator of the IPO's listing price or future performance.