Tempsens Instruments shares more than double on IPO debut
Tempsens Instruments more than doubled investors' money on its stock-market debut, with shares listing at a premium of over 111% to the IPO price. The ₹650-crore issue was subscribed 184.07 times during bidding from August 20 to 24. Shares opened at ₹634 on NSE and ₹631.20 on BSE, valuing the company at ₹5,291.52 crore after listing.
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