The blockbuster Rs 650-crore preliminary public providing (IPO) from Tempsens Devices (India) Restricted entered its ultimate day of bidding immediately, backed by explosive investor demand. After being subscribed almost 22 occasions by the second day, the difficulty continues to draw robust curiosity because the bidding window closes. The most recent gray market premium (GMP) suggests a possible bumper itemizing for the thermal engineering agency.
Word: Gray market premium (GMP) is an unofficial indicator and doesn’t assure the precise itemizing value.
Here is an entire information to the Tempsens Devices IPO on its essential third and ultimate day.
Tempsens Devices IPO GMP Right now
The gray market premium (GMP) for the Tempsens Devices IPO is a sturdy Rs 330, as of two:30 p.m. on the ultimate day of bidding, on Monday.
This robust premium signifies excessive unofficial demand. Primarily based on the IPO’s higher value band of Rs 300 per share, the GMP suggests a possible itemizing value of Rs 630 (Rs 300 cap value + Rs 330 GMP). This interprets to a possible itemizing day acquire of a large 110% for IPO buyers.
ALSO READ: Tempsens Instruments vs Augmont Enterprises IPO GMP — Which IPO Offers Better Listing Gains?
Tempsens Devices IPO Day 3 Subscription Standing
As of three:05 p.m. on Monday, the ultimate day of bidding, the Tempsens Devices IPO has been subscribed 151.59 occasions.
The bidding has been robust throughout all investor classes:
- Certified Institutional Patrons (QIBs): 213 occasions
- Non-Institutional Buyers (NIIs): 296.87Â occasions
- Retail Particular person Buyers (RIIs): 54.51Â occasions
- Worker Reserved Portion: 110.02Â occasions
ALSO READ:Â Augmont Enterprises IPO GMP Jumps To 48% On Day 2 Of Subscription
Tempsens Devices IPO: Key Particulars
The general public difficulty is a book-built supply price Rs 650 crore, comprising a recent difficulty of shares and a proposal on the market (OFS) by present shareholders.
- Whole IPO Measurement: Rs 650 crore
- Contemporary Problem: Rs 95 crore (0.32 crore shares)
- Supply for Sale (OFS): Rs 555 crore (1.85 crore shares)
- Worth Band: Rs 285 to Rs 300 per share
- Lot Measurement: 50 shares
- Minimal Funding (Retail): Rs 15,000 (on the higher value band)
- E book Working Lead Supervisor: ICICI Securities Ltd.
- Registrar: Kfin Applied sciences Ltd.
Tempsens Devices IPO Key Dates
Buyers ought to preserve these essential dates on their calendar for the IPO allotment and itemizing course of:
- Bidding Closes: August 24, 2026
- IPO Allotment Date: August 25, 2026
- Refund Initiation: August 27, 2026
- Shares Credit score to Demat: August 27, 2026
- IPO Itemizing Date: August 28, 2026
Tempsens Devices IPO: Use Of Proceeds
The corporate will elevate Rs 95 crore from the recent difficulty, which will probably be used to fund strategic development initiatives and cut back debt. The funds are allotted for:
- Capital expenditure to increase its electrical heating options and specialised cable manufacturing items.
- Prepayment or reimbursement of present company borrowings.
- Normal company functions.
Tempsens Devices IPO: Firm Financials
Tempsens Devices has a monitor report of robust monetary development, reporting a double-digit enhance in each income and revenue for the final fiscal 12 months.
- Whole Revenue (FY26): Rs 455.86 crore (up 19% from Rs 382.47 crore in FY25)
- Revenue 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 Devices Ltd.
Established in 1990, Tempsens Devices (India) Restricted has grown right into a premier thermal engineering and specialised cable producer. The corporate is a key participant in designing and manufacturing extremely customised temperature sensing options, industrial heating tools, and specialised cables.
By income, Tempsens is recognised as one among India’s main contact and non-contact temperature sensor producers. The corporate commanded a formidable 10.5% market share within the extremely specialised temperature sensor section in FY26.
Disclaimer: Investments in preliminary public choices are topic to market dangers. Please seek the advice of with monetary advisors and skim the pink herring prospectus totally earlier than putting bids.
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