The blockbuster Rs 650-crore initial public offering (IPO) from Tempsens Instruments (India) Limited enters its final day of bidding today, backed by explosive investor demand. After being subscribed nearly 22 times by the second day, the issue continues to attract strong interest as the bidding window closes. The latest grey market premium (GMP) suggests a potential bumper listing for the thermal engineering firm.
Note: Grey market premium (GMP) is an unofficial indicator and does not guarantee the actual listing price.
Here's a complete guide to the Tempsens Instruments IPO on its crucial third and final day.
Tempsens Instruments IPO GMP Today
The grey market premium (GMP) for the Tempsens Instruments IPO is a robust Rs 313, as of 9:30 a.m. on the final day of bidding, on Monday.
This strong premium indicates high unofficial demand. Based on the IPO's upper price band of Rs 300 per share, the GMP suggests a potential listing price of Rs 613 (Rs 300 cap price + Rs 313 GMP). This translates to a potential listing day gain of a massive 104.33% for IPO investors.
Tempsens Instruments IPO Day 3 Subscription Status
As of 10:30 a.m. on Monday, the final day of bidding, the Tempsens Instruments IPO has been subscribed 31.56 times.
The bidding has been strong across all investor categories:
- Qualified Institutional Buyers (QIBs): 3.37 times
- Non-Institutional Investors (NIIs): 89.96 times
- Retail Individual Investors (RIIs): 22.61 times
- Employee Reserved Portion: 35.89 times
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Tempsens Instruments IPO: Key Details
The public issue is a book-built offer worth Rs 650 crore, comprising a fresh issue of shares and an offer for sale (OFS) by existing shareholders.
- Total IPO Size: Rs 650 crore
- Fresh Issue: Rs 95 crore (0.32 crore shares)
- Offer for Sale (OFS): Rs 555 crore (1.85 crore shares)
- Price Band: Rs 285 to Rs 300 per share
- Lot Size: 50 shares
- Minimum Investment (Retail): Rs 15,000 (at the upper price band)
- Book Running Lead Manager: ICICI Securities Ltd.
- Registrar: Kfin Technologies Ltd.
Tempsens Instruments IPO Key Dates
Investors should keep these important dates on their calendar for the IPO allotment and listing process:
- Bidding Closes: August 24, 2026
- IPO Allotment Date: August 25, 2026
- Refund Initiation: August 27, 2026
- Shares Credit to Demat: August 27, 2026
- IPO Listing Date: August 28, 2026
Tempsens Instruments IPO: Use Of Proceeds
The company will raise Rs 95 crore from the fresh issue, which will be used to fund strategic growth initiatives and reduce debt. The funds are allocated for:
- Capital expenditure to expand its electrical heating solutions and specialised cable manufacturing units.
- Prepayment or repayment of existing corporate borrowings.
- General corporate purposes.
Tempsens Instruments IPO: Company Financials
Tempsens Instruments has a track record of strong financial growth, reporting a double-digit increase in both revenue and profit for the last fiscal year.
- Total Income (FY26): Rs 455.86 crore (up 19% from Rs 382.47 crore in FY25)
- Profit After Tax (PAT) (FY26): Rs 71.07 crore (up 14% from Rs 62.56 crore in FY25)
- EBITDA (FY26): Rs 113.17 crore
About Tempsens Instruments Ltd.
Established in 1990, Tempsens Instruments (India) Limited has grown into a premier thermal engineering and specialised cable manufacturer. The company is a key player in designing and manufacturing highly customised temperature sensing solutions, industrial heating equipment, and specialised cables.
By revenue, Tempsens is recognised as one of India's leading contact and non-contact temperature sensor manufacturers. The company commanded an impressive 10.5% market share in the highly specialised temperature sensor segment in FY26.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
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