Tempsens IPO allotment finalised, shares credited August 27 with strong grey market premium

Tempsens Instruments IPO Allotment Process Finalised, Shares to Hit Demat Accounts on August 27

The allotment status for the heavily oversubscribed Tempsens Instruments (India) IPO is now visible on the BSE, NSE, and KFin Technologies portals following the completion of the allocation process. Investors who secured shares in the thermal engineering company's ₹650-crore public issue will see the stock credited to their Demat accounts on August 27, 2026, the same day unsuccessful applicants will have their blocked funds released.

For those who applied through UPI, the refund mechanism will work differently, the blocked amount will simply be unblocked rather than processed as a separate cash refund. Investors who missed out on allotment but still want exposure to the Udaipur-based manufacturer can purchase shares on the secondary market when trading begins on August 28, 2026, though prices may differ significantly from the IPO price of ₹300 per share.

Grey Market Signals Strong Listing Premium

The unofficial grey market is currently quoting Tempsens shares at ₹317 above the issue price, suggesting an estimated listing price of ₹617, a 105.67 per cent premium that would translate to a profit of ₹15,850 per lot. This grey market premium has surged dramatically during the IPO period, climbing from ₹154 on August 17 to ₹317 on August 25. However, these premiums remain unofficial indicators that can shift rapidly based on market sentiment.

Record-Breaking Subscription Levels

The three-day IPO, which closed on August 24, 2026, attracted bids worth ₹83,834 crore against the ₹650-crore issue size, resulting in a subscription of 144 times by day three. The final figures showed even stronger demand: the Qualified Institutional Buyers (QIB) category was subscribed 302.88 times, while non-institutional investors (NII) saw 314.44 times subscription. The big NII segment recorded 331.34 times subscription, retail investors bid 61 times, and the employee quota was oversubscribed 124.95 times.

Market participants attributed the strong interest largely to the commanding grey market premium, with some estimates suggesting the stock could quote at nearly twice its IPO price.

Company Fundamentals and Market Position

Tempsens, which designs and manufactures temperature sensing solutions, electrical heating solutions, and specialised cables, holds approximately 10.5 per cent market share in India's temperature sensor segment. The company is the sole Indian manufacturer of non-contact temperature sensors, commanding a 21.3 per cent market share in that niche.

The company reported revenue from operations of ₹444.90 crore in FY26, marking a 17.5 per cent year-on-year increase, with consolidated profit after tax of ₹71 crore. The IPO comprised a fresh issue of ₹95 crore and an offer for sale of ₹555 crore at a price band of ₹285-300.

Net proceeds of ₹18.134 crore will fund capital expenditure towards electrical heating and specialised cable solutions, while ₹55 crore is earmarked for debt repayment. Before the public opening, the company raised ₹194.54 crore from anchor investors including SBI Mutual Fund, HDFC Mutual Fund, Nippon Life India Trustee, Kotak Mahindra Trustee, and Goldman Sachs Funds.

Investors can verify their allotment status through the KFin Technologies portal first, then monitor their Demat accounts for credit confirmation according to the scheduled timeline.