Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business
Veer Sharma

IPO investors waited 609 days for a stock to double on debut. Tempsens Instruments ends the drought

It has been more than 20 months, or 609 days, since the mainboard segment of India’s IPO market last saw a stock deliver a listing-day gain of more than 100%. That long dry spell is finally over.

Tempsens Instruments’ Rs 650 crore IPO made a bumper debut, listing at Rs 634, a massive premium of 111.3% over its issue price of Rs 300 per share.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.