Tempsens Instruments IPO: Price Band Fixed At ₹285 To ₹300 For ₹650 Crore Issue
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Tempsens Instruments IPO opens on 20 August with a price band of ₹285 to ₹300 per share, targeting ₹650 crore. The company is expected to list on 28 August. Its FY26 revenue rose 17.5% to ₹444.9 crore. Read ahead for more details.
Rajasthan-based temperature sensor manufacturer Tempsens Instruments (India) will open its initial public offering (IPO) for subscription on 20 August, with the price band fixed at ₹285 to ₹300 per share.
The issue closes on 24 August, and the anchor book opens a day earlier on 19 August. At the upper end of the price band, the company is seeking a market capitalisation of ₹2,515 crore.
The offering comprises a fresh issue of ₹95 crore and an offer for sale of 1.85 crore equity shares worth approximately ₹555 crore by promoters and other existing shareholders, taking the total issue size to approximately ₹650 crore.
ICICI Securities and JM Financial are the merchant bankers to the issue.
Key IPO Details At A Glance
Here are the key details of Tempsens Instruments IPO:
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Price band: ₹285 to ₹300 per share
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Minimum lot size: 50 shares, and in multiples of 50 thereafter.
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Minimum retail investment: ₹15,000
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Maximum retail investment: ₹1.95 lakh
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Anchor book: 19 August
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Subscription window: 20 to 24 August
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Allotment finalisation: 25 August
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Listing on BSE and NSE: 28 August
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Employee reservation: Shares worth ₹1.5 crore
How Fresh Issue Proceeds Will Be Used
The company plans to use ₹18.1 crore for capital expenditure in its electrical heating solutions and specialised cable businesses. It will use ₹55 crore to repay debt against total consolidated outstanding borrowings of ₹108.3 crore as of July 2026. The remaining funds will go towards general corporate purposes.
Financial Performance
Tempsens Instruments reported revenue of ₹444.9 crore in FY26, up 17.5% from ₹378.5 crore in FY25. Its profit increased 13.6% to ₹71.1 crore from ₹62.6 crore a year earlier.
Market Position And Competitive Landscape
Tempsens Instruments claims to be India’s largest manufacturer of contact and non-contact temperature sensors by revenue, with a 10.5% share of the overall temperature sensor market. It also claims to be the only Indian manufacturer of non-contact temperature sensors, with around 21.3% of that market in FY26, according to a Frost & Sullivan report. The company says it has no listed peers in India or overseas.
Also Read - Zaggle Prepaid Share Price Falls 20% To 52-Week Low After Weak Q1 Results
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
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