1 week ago
Tempsens Instruments IPO: ₹300 Band, ₹313 GMP, Dates Explained
Tempsens Instruments is offering shares to the public through an IPO.
Each share has a maximum issue price of ₹300.
In the grey market, people were indicating a premium of ₹313 per share.
This suggests a possible gain, but grey market prices do not guarantee the actual listing price.
The IPO opened on 20 August 2026.
Applications were due by 5:00 PM on the third day.
By 1:30 PM that day, the issue had been subscribed 84.79 times.
The company’s shares were expected to be allotted the next day and listed on 27 August 2026.
Several brokerage firms recommended applying, although one review said the valuation was fully priced at the upper band.
Tempsens Instruments IPO opened on 20 August 2026, with bidding closing at 5:00 PM on day three.
The IPO has an upper price band of ₹300 per share, while its reported grey market premium is ₹313.
By 1:30 PM on day three, the issue was subscribed 84.79 times overall, including 46.56 times in retail.
The NII segment was subscribed 240.53 times and the QIB segment 34.79 times.
Allotment was expected the following day, with listing scheduled for 27 August 2026 under the T+3 timeline.
- Who
- Tempsens Instruments Limited and investors applying for its IPO; several brokerage firms reviewed the issue.
- What
- A mainboard IPO with an upper price band of ₹300 and a reported grey market premium of ₹313.
- Where
- On the Indian stock exchanges, with grey market trading used as an informal indicator.
- When
- The IPO opened on 20 August 2026; bidding closed at 5:00 PM on day three, with allotment expected the following day and listing scheduled for 27 August 2026.
- Why
- Investors were considering the issue because of strong subscription demand, reported grey market sentiment, and brokerage views citing growth, product diversification, and international expansion.
Positive IPO Case
Valuation Caution
Investment appeal
Positive IPO Case
KC Securities recommended applying, citing niche positioning, superior growth, leadership in its segment, and potential for long-term value creation. Anand Rathi recommended subscribing for the long term, citing revenue growth, product diversity, and expanding international presence.
Valuation Caution
Anand Rathi said the IPO appeared fully priced at the upper band, despite assigning a long-term subscribe recommendation. The article also notes that investors were advised to review the company’s balance sheet rather than rely only on grey market sentiment.
Potential listing gains
Positive IPO Case
The reported grey market premium of ₹313, compared with the ₹300 upper price band, was described as signaling a possible gain of around 104% for successful allottees.
Valuation Caution
Grey market sentiment is an informal indicator, and the article does not establish that the reported premium will translate into the actual listing price or guaranteed returns.
Key facts
- Issuer
- Tempsens Instruments Limited
- IPO price band
- Upper price band of ₹300 per share
- Grey market premium
- ₹313 per share, according to market observers
- Overall subscription
- 84.79 times by 1:30 PM on day three
- Retail subscription
- 46.56 times
- NII subscription
- 240.53 times
- QIB subscription
- 34.79 times
- Expected listing date
- 27 August 2026
Quotes
Mahesh M Ojha
VP — Research & Business Development at KC Securities
“At the upper price band of ₹300, the issue is valued at 37.3x FY26 P/E, which is at a premium but can be justified by its superior growth, niche positioning and leadership in the segment. Overall, we view Tempsens as an attractive growth-oriented industrial opportunity, with potential for long-term value creation. Hence, we recommend Investors to subscribe to the issue with Listing Gain as well as Long Term Horizon.”
livemint.com
“Tempsens Instruments Limited, at an implied P/E of 35.4x and EV/EBITDA of 25.64x on FY26 earnings at the upper price band. Given its strong revenue growth, diversified product portfolio and expanding international presence, the company may command a valuation premium. The IPO valuation appears fully priced at the upper band and we initiate a “Subscribe: Long Term” on the IPO.”
livemint.com










