Tempsens Instruments IPO subscription and listing
Analysis based on 23 articles · First reported Aug 17, 2026 · Last updated Aug 24, 2026
The IPO's strong subscription and high grey market premium indicate robust investor appetite for Indian industrial manufacturing companies. The listing is expected to generate significant gains for investors, and the company's debt reduction and expansion plans may enhance its financial position.
Tempsens Instruments (India), a thermal engineering and specialised cable manufacturer, launched its initial public offering (IPO) on August 20, 2026, with a price band of Rs 285-300 per share. The Rs 650 crore issue comprises a fresh issue of Rs 95 crore and an offer for sale of 1.85 crore shares by existing shareholders. The IPO was subscribed 21.66 times by the final day, with strong demand from retail and institutional investors. The company raised Rs 194.54 crore from 29 anchor investors, including Temasek Holdings, Goldman Sachs, and WhiteOak Capital. Proceeds will fund capital expenditure and repay debt. The shares are scheduled to list on the BSE and NSE on August 28, 2026. Brokerages such as Anand Rathi Wealth, State Bank of India — SBI Securities, and Geojit recommended subscribing, citing strong financials and market leadership.
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