Q2. Why is the company raising funds via IPO?

Tempsens Instruments is raising money via IPO to fund capital expenditure in electrical heating and specialised cable solutions & repay borrowings.

Q3. What is the size of the issue and where will it list?

The issue size comprises a fresh issue of up to around ₹118 crore and an Offer for Sale (OFS) of up to 17,925,071 shares. It will be listed on the BSE & NSE platform.

Q4. What are the risks to an investor?

Risks to invest in the IPO is its cyclical exposure to capital-goods sectors, reliance on project/OEM orders, raw material and forex volatility along with competitive pressures.

Q6. How to apply for the IPO?

You can apply for the IPO through your broker’s trading platform or your bank’s ASBA/UPI IPO application facility once the subscription window opens.

Q 7. When is the tentative listing date?

Expected listing date is yet to be officially announced.

Tempsens Instruments India Limited

Closed

Tempsens Instruments India Limited

Market Cap

₹2,514.98 Cr

IPO Issue Size

₹ 650 Crore

Expected Price by IPOCorner

₹285 – ₹300

IPO Score

*Score varies on actual price

Tempsens Instruments India Limited is a thermal engineering and specialised cable manufacturer engaged in the design and production of customised temperature sensing solutions, electrical heating systems and specialised cables that serve critical industrial applications across sectors such as power, steel, glass, petrochemicals and oil & gas. The company is one of India’s leading manufacturers of contact and non-contact temperature sensors and offers diversified engineered products tailored to technical specifications and industrial process requirements.

The IPO includes a Fresh Issue worth up to approximately ₹ 95 Crore and an Offer for Sale (OFS) of ₹ 555 Crore by promoters and existing shareholders.

Tempsens Instruments India Limited was incorporated in the year 1990. Mr. Virendra Prakash Rathi serves as Managing Director of the company.

The company offers temperature sensing solutions (contact and non-contact sensors), electrical heating solutions and specialised cables and wires tailored for industrial applications such as power, steel, petrochemical and automotive sectors. It serves 3,500+ to 6,500+ customers globally through sales offices and distribution in over 70–75 countries. It holds approximately 10% market share in the Indian temperature sensor segment and around 18% share in non-contact temperature sensors as of FY2025.

Subscription date to apply for Tempsens Instruments India Limited starts on 20th Aug’26 & closes on 24th Aug’26. Price band for the IPO is ₹285 – ₹300 with a lot size of 50 Shares.

Year	2025
Networth	₹ 430.6 Cr
Revenue	₹ 378.5 Cr
EBITDA	₹ 97.3 Cr
PAT	₹ 62.6 Cr
EBITDA Margin	~25.45%
PAT Margin	~16.36%
Face Value	Rs. 04 per Equity Share

IPO Important Dates

#	Date
Open Date	Thu, Aug 20, 2026
Close Date	Mon, Aug 24, 2026
Anchor Investor Bidding	Wed, Aug 19, 2026
Allotment Date	Tue, Aug 25, 2026
Refunds& Demat Credit	Thu, Aug 27, 2026
Tentative Listing Date	Fri, Aug 28, 2026

Use Of Proceeds

Purpose	Amount
Borrowing payment	~ ₹ 55 Cr
Working Capital Requirement	~ ₹ 35.37 Cr
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	236.94	274.81	378.52
PAT (₹ Cr)	33.23	40.91	62.55
Asset (₹ Cr)	213.61	271.14	551.28
Net Worth (₹ Cr)	139.84	180.61	430.62

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
24-Aug	₹285 - ₹300	₹ 313	₹ 15,650
23-Aug	₹285 - ₹300	₹ 305	₹ 15,250
22-Aug	₹285 - ₹300	₹ 290	₹ 14,500
21-Aug	₹285 - ₹300	₹ 274	₹ 13,700
20-Aug	₹285 - ₹300	₹ 222	₹ 11,100

Pros

Established player with over three decades of experience in temperature sensing and thermal engineering solutions.
Diversified product portfolio serving multiple core industries such as power, steel, oil & gas and petrochemicals.
Strong export presence with customers across 70+ countries, reducing dependence on any single geography.
Customised, engineered products create entry barriers and support long-term client relationships.
IPO proceeds partly earmarked for capacity expansion and debt reduction, supporting future growth.

Cons

Business is capital-intensive and dependent on cyclical industrial sectors.
Revenue concentration risk from large industrial clients and project-based orders.
Exposure to fluctuations in raw material prices and foreign exchange rates.
Competitive market with both domestic and global players in sensors and heating solutions.
IPO valuation and pricing risk until the final price band and financial multiples are disclosed.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Virendra Prakash Rathi	~25%
Vinay Rathi	~30%
Pratap Singh Talesara	~0.63%
-	-
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	50	1	50	₹ 15,000
Retail (Max)	50	13	650	₹ 195,000
HNI (Min)	50	14	700	₹ 210,000
HNI (Max)	50	66	3,300	₹ 990,000
Big HNI (Min)	50	67	3,350	₹ 1,005,000

Key Performance Index (KPI)

ROE	13.54%
ROCE	21.61%
RoNW	13.55%

Lead / Book Running Lead Managers

ICICI Securities Limited ,JM Financial Limited

Registrar (RTA)

KFin Technologies Limited

Q1. What is the business of Tempsens Instruments India Limited?

It is a thermal engineering and specialised cable manufacturer designing and producing customised temperature sensing solutions, electrical heating systems and specialised industrial cables for sectors like power, steel, glass and petrochemicals.

Q2. Why is the company raising funds via IPO?
Tempsens Instruments is raising money via IPO to fund capital expenditure in electrical heating and specialised cable solutions & repay borrowings.
Q3. What is the size of the issue and where will it list?
The issue size comprises a fresh issue of up to around ₹118 crore and an Offer for Sale (OFS) of up to 17,925,071 shares. It will be listed on the BSE & NSE platform.
Q4. What are the risks to an investor?
Risks to invest in the IPO is its cyclical exposure to capital-goods sectors, reliance on project/OEM orders, raw material and forex volatility along with competitive pressures.

Q5. What are the potential upsides?

The upsides of the IPO is it’s leadership in niche temperature sensors, strong export footprint (75+ countries), diversified industrial customer base, technical barriers to entry, and growth from engineered solutions.

Q6. How to apply for the IPO?
You can apply for the IPO through your broker’s trading platform or your bank’s ASBA/UPI IPO application facility once the subscription window opens.
Q 7. When is the tentative listing date?
Expected listing date is yet to be officially announced.