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The Economic Times

Business

Ritesh Presswala

Tempsens Instruments IPO Day 3: Issue sees robust demand as GMP soars 105%, subscription hits 38 times

Tempsens Instruments GMP IPO Anand Rathi

The IPO of Tempsens Instruments entered its third and final day of bidding today amid robust investor interest. The issue has reportedly commanded a grey market premium (GMP) of 105%, raising expectations of strong listing gains.

The issue has been subscribed over 38 times so far on Day 3, led by strong demand from NIIs, whose quota has been booked 113 times.

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