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Tempsens Instruments IPO: Day 2 subscribed 5.94 times, GMP at 90%. Should you subscribe?
The Tempsens Instruments IPO entered its second day after seeing strong demand on Day 2 with a 5.94x subscription and a grey market premium of 90%. Raising Rs 650 crore, the issue offers shares priced at Rs 285-300 each. Anand Rathi recommends 'Subscribe: Long Term' despite full valuations.
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economictimes.indiatimes.com
Can Tempsens IPO deliver long-term growth for high-risk investors?
Tempsens Instruments plans a ₹650 crore IPO to fund expansion and debt repayment. The company manufactures specialized temperature sensing and electrical heating solutions for…
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thehindubusinessline.com
All you need to know about Tempsens Instruments (India) IPO that opens today
The ₹650-crore IPO of Tempsens Instruments will remain open until August 24; price band set at ₹285-300, with shares offered in a lot size of 50.
