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Tempsens Instruments IPO GMP signals about 104% multibagger return
The mainboard IPO price band is ₹300, with grey market premium pegged at about ₹313 per share, while the public issue was booked 84.79 times by 1:30 PM on day 3.
LiveMint Markets highlights that the mainboard IPO for Tempsens Instruments (India) is set at an upper price band of ₹300 per share, and the grey market is indicating returns of about ₹313 per share.
The outlet reports that grey market premium is roughly 104% versus the upper band, and it noted that bidding for day 3 ends at 5:00 PM, with allotment expected the following day under India’s T+3 listing process.
By 1:30 PM on day 3, the public issue was subscribed 84.79 times overall, with retail booked 46.56 times, the NII segment subscribed 240.53 times, and the QIB segment booked 34.79 times, according to LiveMint Markets.
The article also says Tempsens opened for subscription on 20 August 2026, and it adds that the IPO listing date is 27 August 2026. It attributes to Mahesh M Ojha of KC Securities an assessment that at ₹300 the issue implies 37.3x FY26 P/E, describing the valuation as at a premium but potentially supported by growth, niche positioning, and leadership in its segment.