Tempsens Instruments IPO: GMP Surges Over 106%
By Business Desk
Tempsens Instruments IPO closes strong with over 106% Grey Market Premium (GMP). Explore subscription details and potential listing gains.
Tempsens Instruments (India) IPO closed today, August 24, 2026, with its Grey Market Premium (GMP) surging to over 106%.
The sensor manufacturer aimed to raise Rs 650.00 crore, securing Rs 194.5 crore from 29 anchor investors before the close.
IPO Financials at a Glance
- Targeted raise: Rs 650.00 crore
- Anchor investor funds: Rs 194.5 crore from 29 investors
- Price band: Rs 285 to Rs 300 per share
- Minimum retail investment: 50 shares, costing Rs 15,000 at upper price
The GMP for Tempsens Instruments stood at Rs 318 by afternoon on August 24, indicating an estimated listing price of Rs 618 against the Rs 300.00 upper price band.
This suggests a 106% listing gain, although GMP remains an unofficial and volatile indicator without guaranteed returns.
Subscription Performance
- Overall subscription: 69.91 times
- Retail category: 42.28 times
- Qualified Institutional Buyers (Ex Anchor): 12.57 times
- Non-Institutional Investors (NII): 210.64 times
Tempsens Instruments (India) specializes in customized temperature sensing, electrical heating, and specialized cables, holding approximately 10.5% of the temperature sensor market share in FY26.
The company serves over 1,000 unique customers and exports products to more than 80 countries.
Key IPO Dates and Partners
- Bid closing: August 24
- Allotment: August 25
- Refunds: August 27
- Credit of shares: August 27
- Listing: August 28
- Book running lead manager: ICICI Securities
- Registrar: Kfin Technologies
With robust subscription figures and a significant GMP, Tempsens Instruments (India) is set for its listing on August 28, following a strong close to its initial public offering.