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Tempsens Instruments IPO Day 3: GMP at 105%, subscription hits 21.66x. Should you subscribe?
Tempsens Instruments IPO saw strong investor demand, with the issue subscribed 21.66 times by Day 2, while the latest grey market premium (GMP) indicated a potential 105% listing premium. The Rs 650-crore IPO closes on August 24, with Anand Rathi assigning a “Subscribe: Long Term” rating despite the issue appearing fully valued at the upper price band.
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economictimes.indiatimes.com
Tempsens Instrument IPO: GMP soars past 100%, signalling strong listing hopes
Tempsens Instruments IPO grey market premium has surged 100 percent. This marks the first IPO to cross this milestone in nearly two years. The IPO was subscribed nearly 22 times…
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Tempsens Instruments IPO Day 3: GMP at 105%, subscription hits 21.66x. Should you subscribe?
Tempsens Instruments IPO saw strong investor demand, with the issue subscribed 21.66 times by Day 2, while the latest grey market premium (GMP) indicated a potential 105% listing…
