Tempsens Instruments is witnessing strong investor interest in its IPO. By the second day of bidding, the issue had been subscribed approximately 5.94 times, while the unofficial grey-market premium was indicating substantial listing expectations.
The IPO carries a price band of Rs. 285–300 per share and is aimed at raising capital for business expansion. The company’s exposure to industrial instrumentation and specialised temperature-management products gives it a niche position, although investors should consider valuation and business fundamentals rather than relying only on grey-market sentiment.
