The Tempsens Instruments IPO allotment is expected to be finalized today (August 25, 2026) following the completion of three-day bidding that ended on August 24, 2026. According to latest market reports, the public issue received a strong response with oversubscription of more than 184 times, with investors placing bids for 2,79,44,59,050 shares against 1,51,81,667 shares on offer. Under the 'T+3' listing rule, the shares are expected to list on BSE and NSE on August 28, 2026. Applicants can check their allotment status online through the official BSE website at bseindia.com/investors/appli_check or the registrar KFin Technologies at ipostatus.kfintech.com by entering their application number, PAN details, or Demat account number. The basis of allotment is scheduled for August 25, with refund initiation and credit of shares to successful applicants scheduled for August 27, 2026.
According to latest grey market premium (GMP) data, Tempsens Instruments (India) Ltd. has achieved a ₹307 GMP today, signalling a 102.33% listing gain for lucky allottees. This represents a significant surge from the earlier reported ₹317 GMP and demonstrates the strengthening investor appetite for new share sales after a string of muted mainboard listings in 2025 and 2026. The stock is currently commanding a premium of ₹307 in the unofficial market, implying a premium of 102.33% over its IPO price of ₹300 per share. In the grey markets, the shares are trading at a 96.67% premium, translating into an estimated listing price of ₹607, suggesting gains of ₹307 per share and a profit of ₹14,500 per lot. This represents a significant surge from the earlier reported 106% GMP and marks the first IPO in nearly two years to cross this milestone. The last IPO to record a GMP of more than 100% was Mamata Machinery in December 2024, with KRN Heat Exchanger and Refrigeration and Bajaj Housing Finance having seen GMPs of around 100% in September 2024. Grey market premiums are unofficial indicators based on market sentiment and speculation and can change before listing.
The company has demonstrated robust financial performance with revenue from operations of ₹444.88 crore in FY26, up 17.5% year-on-year from ₹378.53 crore in FY25, and consolidated PAT of ₹71.07 crore, compared to ₹62.55 crore in the previous year. Tempsens Instruments commands an impressive 10.5% market share in India's temperature sensor segment and holds the sole Indian manufacturer status with a 21.3% market share in non-contact temperature sensors. The company's total income stood at ₹455.86 crore in FY26, while EBITDA was ₹113.17 crore with an EBITDA margin of 24.83%. The IPO comprises a fresh issue of ₹95 crore and an offer for sale of ₹555 crore, with ICICI Securities and JM Financial serving as book running lead managers. The company's diversified product portfolio includes temperature sensing solutions, electrical heating solutions, and specialized cables designed for industrial applications, with funds from the fresh issue earmarked for capital expenditure and prepayment of outstanding borrowings.
The company serves diverse end-user industries including petrochemicals (21.45%), metals (19.68%), power (12.27%), defence & nuclear (6.95%), manufacturing (9.42%), glass (6.74%), plastics (3.90%), trading (9.58%) and other segments (9.99%). From a business model perspective, MRO accounted for 32.45% of FY26 revenue, while the remaining 67.55% was contributed by projects/OEM business. The company supplies to a broad range of OEMs including manufacturers in green energy, wind, solar, fuel cells and battery storage, as well as plastic injection moulding machine manufacturers, defence, aerospace companies and other advanced technology sectors. The diversified industry mix provides the company with exposure to multiple end markets and reduces dependence on any single sector. Established in 1990, Tempsens Instruments manufactures temperature-sensing solutions, electrical heating equipment and specialised cables, with manufacturing and distribution operations in India and overseas markets including the UAE, South Korea, Indonesia, Germany and Poland, having supplied products to customers in more than 80 countries.
Ahead of the IPO, Tempsens Instruments (India) raised ₹194.55 crore from anchor investors on Wednesday, August 19, 2026, by allotting 64.85 lakh equity shares at ₹300 each to 29 anchor investors. The IPO was priced in the ₹285-300 per share band with a minimum bid requirement of 50 equity shares. The offer comprises both a fresh issue of equity shares of face value ₹4 each aggregating up to ₹95 crore and an offer for sale of up to 1.85 crore equity shares of face value ₹4 each. Of the net proceeds, the company intends to use ₹18.13 crore towards funding certain capital expenditure towards electrical heating solutions and specialized cable solutions, ₹55 crore towards prepayment of certain borrowings and the balance towards general corporate purposes. The company's post-issue market capitalisation is estimated at ₹2,515 crore at the upper price band, with shares proposed to be listed on both BSE and NSE. The IPO opened for subscription on August 20 and closed on August 24, with the basis of allotment scheduled for August 25.
