IPO: Share price band ₹300, GMP ₹313 - Check last date to apply, allotment and listing details

IPO GMP: Even though stock market investors advise primary market investors to review the company's balance sheet before applying for its initial public offering (IPO), investors remain vigilant about grey market sentiment, even after thoroughly reviewing the company's financials. For such IPO investors, there is a mainboard IPO available at an upper price band of ₹300 apiece, and the grey market is signalling multibagger returns. So, the mainboard IPO GMP is signalling more than ₹300 per share return to the lucky allottees.

Interestingly, there are still a few hours left to apply for that IPO, as the bidding for day 3 will end at 5:00 PM today. In the wake of the ‘T+3’ listing rule, share allotment from the company is expected tomorrow, as its shares must list on the Indian bourses within the three trading days after the end of bidding today. The ‘T+3’ listing rule says that an IPO must list on the Indian bourses within the three trading days after the end of bidding. So, the IPO listing date is 27 August 2026. This means investors have a big opportunity to double their money within a week, signals grey market premium of the book-building issue.

The IPO we are talking about is Tempsens Instruments (India) IPO, which opened on 20 August 2026 and bidding for this mainboard IPO will remain open until 5:00 PM today.

Tempense Instruments IPO GMP today

According to market observers, shares of the company are available at a premium of ₹313 in the grey market today, which is more than 100% higher than the upper price band of the mainboard IPO. This means Tempense Instruments IPO GMP today is ₹313, signalling a multibagger return of around 104% for the lucky allottees.

Tempense Instruments IPO subscription status

By 1:30 PM on day 3, the public issue was booked 84.79 times, the retail portion was filled 46.56 times, whereas the NII segment was subscribed to 240.53 times. The QIB segment was booked 34.79 times.

Tempense Instruments IPO review

Mahesh M Ojha, VP — Research & Business Development at KC Securities, assigned an ‘apply’ tag to the public issue, saying, “At the upper price band of ₹300, the issue is valued at 37.3x FY26 P/E, which is at a premium but can be justified by its superior growth, niche positioning and leadership in the segment. Overall, we view Tempsens as an attractive growth-oriented industrial opportunity, with potential for long-term value creation. Hence, we recommend Investors to subscribe to the issue with Listing Gain as well as Long Term Horizon.”

Anand Rathi has assigned a ‘subscribe’ ag to the book-building issue, saying, “Tempsens Instruments Limited, at an implied P/E of 35.4x and EV/EBITDA of 25.64x on FY26 earnings at the upper price band. Given its strong revenue growth, diversified product portfolio and expanding international presence, the company may command a valuation premium. The IPO valuation appears fully priced at the upper band and we initiate a “Subscribe: Long Term” on the IPO.”

Adroit Financial Services, Ajcon Global Services, Arihant Capital Markets, BP Equities, Canara Bank Securities, Geojit Investments, GEPL Capital, Marwadi Shares & Finance, Swastika Investmart, and Ventura Securities have also assigned an ‘apply’ tag to the Tempense Instruments IPO.

Disclaimer: This story is for educational and informational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified financial experts before making any investment decisions.