Tempsons Instruments IPO Oversubscribed 184x

Tempsons Instruments (India) IPO closed on August 24, 2026, achieving an overall subscription of 184.16 times. The ₹650 crore public issue attracted robust demand across all investor categories during its three-day bidding period.

Investor Demand Breakdown

Non-Institutional Investors (NII) led the subscription, showing exceptional interest. Qualified Institutional Buyers (QIB) also demonstrated strong participation.

• Non-Institutional Investors (NII): 314.41 times
• Qualified Institutional Buyers (QIB): 302.88 times
• Retail Investors: 60.89 times
• Employee Portion: 124.75 times

The IPO received bids for 2,79,58,38,550 shares against 1,51,81,668 shares on offer, with 75,15,773 applications recorded.

Issue Details and Timeline

The offering’s demand surged significantly, climbing from 5.95 times on Day 1 to 21.69 times by Day 2 before its final close. The company had previously secured funds from anchor investors.

• Issue Size: ₹650 crore
• Price Band: ₹285 to ₹300 per share
• Final Issue Price: ₹300 per share
• Minimum Retail Lot Size: 50 shares (₹15,000)
• Anchor Investor Funds: ₹194.55 crore on August 19, 2026

The ₹650 crore issue comprised a fresh issue of 31,66,666 shares (₹95 crore) and an Offer for Sale of 1,85,00,000 shares (₹555 crore).

Next Steps for Tempsons Instruments

Tempsons Instruments, established in 1990, specializes in thermal engineering and specialized cable manufacturing. The company has served over 1,000 customers globally, exporting to more than 80 countries between April 2023 and March 2026.

The allotment for the IPO is scheduled for August 25, 2026, with refunds and share credits anticipated by August 27, 2026. The shares are set to list on both the NSE and BSE on August 28, 2026.