Tempsens Instruments IPO Closes Today: Price Band, GMP, and Allotment Details
· Business · LiveMint, Economic Times
Bidding for the Tempsens Instruments initial public offering closes today at 5:00 PM after opening on 20 August 2026. The mainboard issue is offered at an upper price band of ₹300 per share, with grey market observers indicating a premium of ₹313. Under the T+3 listing rule, share allotment is expected tomorrow, and trading on Indian bourses is scheduled to begin on 27 August 2026. By 1:30 PM on the final day, the public issue was subscribed 84.79 times overall. The retail segment was booked 46.56 times, the non-institutional investor segment reached 240.53 times, and qualified institutional buyers booked 34.79 times. Mahesh M Ojha, VP of Research and Business Development at KC Securities, assigned an apply rating to the issue, noting the valuation is priced at 37.3x FY26 price-to-earnings.
Why it matters
Investors eyeing the Tempsens Instruments IPO have until 5:00 PM today to submit bids, with grey market signals pointing to potential multibagger returns for successful allottees ahead of the 27 August listing.
Read the original report — LiveMint
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.