Tempsens Instruments IPO Day 2 Subscription Status: Issue Subscribed 3.11x, NII Demand Leads

Mumbai, August 21: The Tempsens Instruments (India) IPO has continued to draw bids at a healthy pace on the second day of its subscription period. The ₹650 crore issue was subscribed 3.11 times as of 10:30 AM on August 21, with non-institutional investors (NIIs) once again accounting for the bulk of the demand. Retail investors, too, have pushed their reserved portion well beyond the shares available.

The issue had received bids for 4,72,36,300 shares, compared with 1,51,81,668 shares on offer. In value terms, the bids were worth around ₹1,417.09 crore, while the number of applications had reached 9,56,402 by the time of the latest update.

The Tempsens Instruments (India) IPO comprises a fresh issue of 31,66,666 equity shares worth ₹95 crore and an offer for sale of 1.85 crore shares aggregating to ₹555 crore. The price band has been fixed at ₹285 to ₹300 per share, with the issue price set at ₹300 per share.

The IPO opened on August 20 and will remain available for subscription through August 24, 2026. The company is looking to raise ₹650 crore through the issue and plans to list its shares on both BSE and NSE.

Tempsens Instruments IPO Subscription Status Day 2 (As Of 10:30 AM)

According to the latest exchange data, the IPO has received the following subscriptions:

• Overall: 3.11x
• Retail Investors: 3.59x
• NII: 6.10x
• bNII (> ₹10L): 3.57x
• sNII (< ₹10L): 11.14x
• QIB (Ex-Anchor): 0.03x
• Employees: 3.72x
• Total Applications: 9,56,402

The NII category has remained at the centre of investor activity on Day 2. Its portion was subscribed 6.10 times, meaning bids had already crossed six times the shares reserved for this group.

A closer look at the category shows an even stronger response from sNII investors. Their portion was subscribed 11.14 times, while the bNII segment stood at 3.57 times.

Retail investors have also kept up the momentum. Their portion was subscribed 3.59 times, with bids for 2,71,69,450 shares against 75,65,833 shares available to the category.

The employee quota was subscribed 3.72 times. QIB participation, excluding the anchor portion, remained comparatively low at 0.03 times as of 10:30 AM.

With the IPO still having another full bidding day after today, the institutional response and the final-day rush could have a significant bearing on the issue’s eventual subscription figure.

Day-Wise Subscription Trend

The issue opened to a strong response on Day 1 and has remained firmly oversubscribed as bidding moved into the second day.

The opening day saw particularly aggressive bidding from NIIs, with the category reaching 12.51 times subscription. Retail investors were not far behind, with their portion subscribed 6.48 times on Day 1.

The Day 2 figures are cumulative and show the issue continuing to attract substantial interest, even as the subscription multiples have moved with the changing share allocation and live bidding figures. NII demand remains comfortably ahead, while retail participation has stayed above three times the reserved portion.

The QIB (Ex-Anchor) category, meanwhile, is yet to see the same level of activity, standing at 0.03 times in the latest update.

IPO Details

• Issue Size: ₹650 crore
• Fresh Issue: 31,66,666 equity shares aggregating up to ₹95 crore
• Offer For Sale: 1,85,00,000 equity shares aggregating up to ₹555 crore
• Price Band: ₹285 to ₹300 per share
• Issue Price: ₹300 per share
• Lot Size: 50 shares
• Minimum Retail Investment: ₹15,000 (50 shares)
• Listing Exchange: BSE, NSE
• Issue Type: Bookbuilding IPO

Key Dates

• IPO Opens: August 20, 2026
• IPO Closes: August 24, 2026
• Tentative Allotment: August 25, 2026
• Refund Initiation: August 27, 2026
• Shares Credited To Demat Accounts: August 27, 2026
• Tentative Listing: August 28, 2026

About Tempsens Instruments (India) Ltd.

Tempsens Instruments (India) Limited has been in the thermal engineering business since 1990. The company makes products used for temperature measurement and industrial heating, along with specialised cables for various applications.

Its portfolio includes both contact and non-contact temperature sensors, electrical heating solutions and specialised cables. The company manufactures its temperature-sensing products in India and caters to customers across a wide range of industrial requirements.

Tempsens has also built a sizeable overseas business. Between April 1, 2023 and March 31, 2026, the company served more than 1,000 unique customers, while its products reached more than 80 countries.

Its export markets cover the Asia Pacific, Africa, Middle East and North Africa, Europe, North America and South America. The company had an estimated 10.5% market share in the temperature sensor segment for the year ended March 31, 2026.

The business is therefore not dependent only on the domestic market, with exports forming an important part of its geographical reach.

Conclusion

The Tempsens Instruments IPO has carried its strong opening-day momentum into Day 2, with the ₹650 crore issue subscribed 3.11 times as of 10:30 AM on August 21. The NII category continues to lead the response at 6.10 times, while retail investors have subscribed 3.59 times.

Within the NII segment, the response from smaller investors has been particularly notable, with the sNII portion already at 11.14 times. The employee category has also crossed three times subscription, while QIB participation excluding anchor investors remains relatively light at this stage.

The IPO remains open for subscription until August 24, 2026, so investors still have time to participate. The basis of allotment is expected on August 25, followed by refunds and demat credit on August 27. The shares are tentatively scheduled to list on BSE and NSE on August 28.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=TEMPSENS&series=EQ&type=Active