# Tempsens Instruments IPO subscribed 184 times, GMP at Rs 323 2026-08-24T12:35:47+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets The Rs 650 crore initial public offering of Tempsens Instruments (India) Ltd, a thermal engineering and specialised cable manufacturer, was subscribed 184.07 times on its final day on Monday. The issue received bids for 279.44 crore shares against 1.518 crore shares on offer, according to The Hindu BusinessLine. NDTV Profit reported the grey market premium (GMP) at Rs 323, suggesting a potential listing price of Rs 623 and a 107.67% gain. The Hindu BusinessLine noted that non-institutional investors led demand at 314.44 times subscription, while qualified institutional buyers subscribed 302.88 times and retail investors 60.69 times. The employee portion was subscribed 124.95 times. The IPO included a fresh issue of Rs 95 crore and an offer for sale of Rs 555 crore. Proceeds from the fresh issue will fund capital expenditure and debt repayment. The company reported revenue of Rs 444.90 crore in FY26. The listing is scheduled for August 28, 2026. ## Indian Opinion Analysis Both sources provide neutral-report coverage of the Tempsens Instruments IPO, presenting subscription numbers and grey market premiums without editorial slant. NDTV Profit leads with the GMP and potential listing gain, while The Hindu BusinessLine leads with the total bid value and allotment probabilities. Neither outlet questions the valuation or market risks. The key takeaway for investors is the extreme subscription across all categories, which makes retail allotment highly unlikely. The August 28 listing date will test whether the grey market premium holds. ## Coverage Coverage: 2 sources, 2 neutral - ndtvprofit.com (neutral report) Focuses on GMP and subscription numbers without editorialising - thehindubusinessline.com (neutral report) Leads with total bid value and allotment odds, factual tone This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-24T14:45:45+00:00. Tags: BSE, ICICI Securities, IPO, NSE, Tempsens Instruments Canonical: https://indianopinion.org/tempsens-instruments-ipo-subscribed-95-times-gmp-suggests-107-gain/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tempsens-instruments-ipo-subscribed-95-times-gmp-suggests-107-gain/#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/