Tempsens Instruments IPO GMP Surges: 104% Listing Gain Potential

The Tempsens Instruments IPO closed its bidding period with a Grey Market Premium (GMP) of Rs 313 on its final day, signaling a potential listing gain of 104.33% for investors.

IPO Key Figures

• IPO Size: Rs 650 crore
• GMP: Rs 313
• Potential Listing Price: Rs 613
• Overall Subscription: 31.56 times

Issue Details & Investor Demand

The book-built offer, valued at Rs 650 crore, comprised a fresh issue of Rs 95 crore and an Offer for Sale (OFS) of Rs 555 crore. The price band was set between Rs 285 to Rs 300 per share, with a lot size of 50 shares.

Investor categories showed strong demand, particularly from Non-Institutional Investors.

• Non-Institutional Investors (NIIs): 89.96 times
• Employee Reserved Portion: 35.89 times
• Retail Individual Investors (RIIs): 22.61 times
• Qualified Institutional Buyers (QIBs): 3.37 times

Timeline and Management

ICICI Securities Ltd. acted as the Book Running Lead Manager, with Kfin Technologies Ltd. serving as the Registrar for the issue.

• Bidding Close: August 24, 2026
• IPO Allotment: August 25, 2026
• Listing Date: August 28, 2026

Company Financials and Strategy

Tempsens Instruments plans to utilize the Rs 95 crore from the fresh issue for capital expenditure to expand its electrical heating solutions and specialized cable manufacturing units, alongside debt prepayment and general corporate needs.

The company, established in 1990, reported a total income of Rs 455.86 crore in FY26, a 19% increase from FY25. Profit after tax rose 14% to Rs 71.07 crore, holding a 10.5% market share in the specialized temperature sensor segment in FY26.

This strong market reception for Tempsens Instruments highlights sustained investor appetite for new listings, especially those demonstrating solid financial performance and clear growth strategies.