Tempsens Instruments IPO: Day 2 subscribed 5.94 times, GMP at 90%. Should you subscribe?
· economictimes.indiatimes.com
The Tempsens Instruments IPO entered its second day after seeing strong demand on Day 2 with a 5.94x subscription and a grey market premium of 90%. Raising Rs 650 crore, the issue offers shares priced at Rs 285-300 each. Anand Rathi recommends 'Subscribe: Long Term' despite full valuations.
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