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The Economic Times

Ritesh Presswala

Tempsens Instruments shares make blockbuster debut, list at 111% premium

Tempsens Instruments IPO

Shares of Tempsens Instruments made a stellar debut on Friday, listing with massive 111% premium over IPO price. The stock opened at Rs 631.20 and Rs 634 on the BSE & NSE, respectively, as compared to its issue price of Rs 300.

The Rs 650-crore public issue was priced at Rs 300 per share and comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) worth Rs 555 crore. Ahead of the IPO, the company also raised Rs 194.54 crore from anchor investors.

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