# Tempsens Instruments IPO booked 21.66 times on day 2 2026-08-22T04:21:42+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet (2 source reports) The initial public offering of Tempsens Instruments has been subscribed 21.66 times by the end of day 2, with the retail portion booked 18.67 times and the non-institutional investor segment 52.98 times. The Rs 650 crore IPO, which opened on August 20, will close on August 24. Livemint reports that shares are commanding a grey market premium of Rs 330, signalling a potential listing gain of about 104% over the upper price band of Rs 300. The company plans to raise Rs 555 crore through an offer for sale and Rs 95 crore via fresh shares. Multiple brokerages including Anand Rathi and KC Securities have assigned a 'subscribe' rating, citing strong revenue growth and niche market position. The allotment is likely on August 25, with listing on NSE and BSE expected on August 28. ## Indian Opinion Analysis Livemint's two reports on the same IPO are nearly identical, both following a neutral-report stance with no critical or pro-government framing. They lead with subscription numbers and grey market premium, and list analyst recommendations without endorsing them. The coverage is standard wire-style reporting of IPO details. A careful reader should note that grey market premiums are unregulated and not a guarantee of listing performance, and that the IPO is fully priced according to the brokerages cited. Watch for the allotment on August 25 and the listing day on August 28. ## Coverage Coverage: 2 sources, 2 neutral - livemint.com (neutral report) Leads with subscription numbers and GMP, lists broker views without slant - livemint.com (2) (neutral report) This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-24T04:36:26+00:00. Tags: Anand Rathi, grey market premium, IPO, KC Securities, Tempsens Instruments Canonical: https://indianopinion.org/tempsens-instruments-ipo-booked-21-66-times-on-day-2-gmp-at-90-premium/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tempsens-instruments-ipo-booked-21-66-times-on-day-2-gmp-at-90-premium/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/