Tempsens Instruments IPO received an overwhelming 184.07 times overall subscription from investors.
IPO shares were offered between Rs. 285 and Rs. 300 per share.
Shares are scheduled to list on NSE and BSE August 28.
The much-awaited allotment of the Tempsens Instruments (India) Ltd IPO is expected to be finalized on Tuesday, August 25, after the Rs. 650-crore public issue received an overwhelming response from investors. The issue, which closed on August 24, was subscribed 184.07 times, with bids received for 2,79,44,59,050 shares against 1,51,81,667 shares on offer.
Investors are now waiting for the allotment status, while the company’s shares continue to command a strong premium in the grey market ahead of their expected listing on the NSE and BSE on August 28.
The IPO was offered in the price band of Rs. 285 to Rs. 300 per equity share, with a lot size of 50 shares. At the upper end of the price band, retail investors were required to invest Rs. 15,000 for one lot. The Rs. 650-crore issue comprised a fresh issue of Rs. 95 crore and an offer for sale of Rs. 555 crore.
The fresh issue proceeds are intended to support capital expenditure for expanding the company’s electrical heating solutions and specialized cable manufacturing units, the repayment or prepayment of existing borrowings, and general corporate purposes.
The IPO opened for subscription on August 20 and closed on August 24.
Also Read: Stock Market Update: Nifty 50 Opened 43.3 points Lower, Sensex Declined 72.63 points
The grey market has remained particularly strong for the Tempsens Instruments IPO. As of the morning of August 25, the latest reported GMP stands at Rs. 317 per share, according to InvestorGain data cited by NDTV Profit and other market reports.
With the upper IPO price fixed at Rs. 300, a GMP of Rs. 317 indicates an estimated listing price of around Rs. 617 per share. This translates into a potential listing gain of Rs. 317 per share, or approximately 105.67%, over the upper price band.
However, GMP is an unofficial and speculative indicator. It does not represent official exchange data and does not guarantee the actual listing price or returns.
The issue witnessed exceptionally strong demand across investor categories. The non-institutional investor portion was subscribed 314.44 times, while the qualified institutional buyer quota received 302.88 times subscription. The retail individual investor portion was subscribed 60.69 times, while the employee portion was subscribed 124.95 times.
The extraordinary subscription has also made the allotment process highly competitive, particularly for retail applicants.
Also Read: FTSE 100 Live: Index Opened 23.93 Points Higher at 10,878.25, Brent at USD 92.77
The allotment basis is scheduled to be finalized on August 25. Investors can check their allotment status through the registrar KFin Technologies, as well as the NSE and BSE websites.
On the KFin Technologies portal, applicants can select Tempsens Instruments and check their status using their application number, Demat account details, or PAN. Investors can similarly use their PAN or application number on the BSE and NSE platforms.
Refunds for unsuccessful applicants and credit of shares to eligible investors’ Demat accounts are scheduled for August 27.
The shares of Tempsens Instruments (India) Ltd are scheduled to make their stock market debut on Friday, August 28, on both the NSE and BSE.
With strong subscription figures and the GMP indicating a potential premium of more than 100%, investor attention is now firmly focused on the allotment outcome and the company’s debut on the exchanges.
Note
GMP figures are unofficial and can change before listing. Investors should not treat grey-market premiums as a guarantee of listing gains.
When will Tempsens Instruments IPO allotment be finalized?
Tempsens Instruments IPO allotment is expected to be finalized on August 25, 2026, following strong investor demand.
What is the Tempsens Instruments IPO price band?
The IPO price band was fixed at Rs. 285 to Rs. 300 per equity share, with a lot size of 50 shares.
What is the latest GMP of Tempsens Instruments IPO?
The latest reported GMP is around Rs. 317 per share, indicating a potential listing price of approximately Rs. 617.
When will Tempsens Instruments shares be listed?
Tempsens Instruments shares are scheduled to list on the NSE and BSE on August 28, 2026.
How can investors check IPO allotment status?
Investors can check allotment status through KFin Technologies, BSE or NSE using their PAN or application details.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.