Tempsens Instruments IPO listing date today. GMP, experts hint at up to 110% listing pop

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Tempsens Instruments IPO listing date has been scheduled for today (Friday, 28 August) on the bourses at 10:00 IST. Tempsens Instruments IPO allotment was finalised on Tuesday, 25 August. According to details on the BSE website, Tempsens Instruments share price will list in a special pre-open session on both the BSE and NSE during Friday's trades. Tempsens Instruments share price today will be available for trade from 10:00 IST.
Members of the Exchange are notified that starting from Friday, 28 August 2026, the equity shares of Tempsens Instruments (India) Ltd will be listed and allowed for trading on the Exchange under the 'B' Group of Securities, as stated in the BSE notice.
Tempsens Instruments IPO GMP today, or grey market premium, is +330. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Tempsens Instruments share price was indicated at ₹630 apiece, which is 110% higher than the IPO price of ₹300.
According to grey market trends over the past 13 sessions, the IPO's GMP is trending upward today, suggesting a positive outlook for its listing. During this period, the GMP fluctuated between ₹65 and ₹330, according to experts.
Mahesh M. Ojha, Vice President – Research & Business Development at Kantilal Chhaganlal Securities Pvt. Ltd., said Tempsens Instruments holds a strong position in India's niche temperature-sensing and specialised cable industry, supported by high entry barriers, customised product capabilities and established customer relationships.
According to Ojha, the company commands an estimated 10.5% market share in the overall temperature sensor segment and is the only Indian manufacturer of non-contact temperature sensors, where it holds an estimated 21.3% market share.
Tempsens has also delivered consistent financial growth, with revenue, EBITDA and PAT recording CAGRs of 27.2%, 35.2% and 28.2%, respectively, between FY24 and FY26. Its low leverage, with a debt-to-equity ratio of around 0.2 times, diversified Projects and MRO revenue mix, and growing export opportunity provide a healthy base for future growth, he said.
Ojha believes the company is well-placed to benefit from India's expanding industrial automation, localisation, and manufacturing ecosystem. While working-capital intensity and premium valuation remain key factors to monitor, he said Tempsens' market leadership, technical capabilities, high-entry-barrier business model and healthy balance sheet make it an attractive long-term opportunity.
At the upper end of the price band at ₹300, the issue is valued at around 37.3 times FY26 earnings. While the valuation is at a premium, Ojha believes it is supported by the company's growth profile, niche positioning and leadership in the segment. He added that investors who received an allotment and have a medium- to long-term investment horizon may consider holding the shares.
Tushar Badjate, Director at Badjate Stock & Shares Pvt. Ltd., said the strong buzz around Tempsens Instruments has been driven by its grey market premium, which has recently hovered around ₹300 against the IPO price of ₹300. However, he believes the more significant story lies in the company's underlying business.
Tempsens is more than a conventional temperature-sensor manufacturer, with its products used in critical industrial applications across sectors such as steel, power, aerospace, electric vehicles and semiconductors. Its customised solutions, certifications, and long customer qualification cycles create meaningful barriers to entry, according to Badjate.
The company reported FY26 revenue of ₹445 crore and PAT of ₹71 crore, while maintaining an EBITDA margin of over 25%.
Badjate remains positive on the business and its growth prospects but is relatively cautious on valuation. At the upper end of the price band, he noted that the IPO is valued at around 35 times FY26 earnings.
“The business clearly deserves a premium,” he said, while indicating that investors should remain mindful of the valuation following the strong listing expectations.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. <br><br> Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. <br><br> Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.
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