Tempsens Instruments (India)'s ₹650.00 crore initial public offering (IPO) opened for public subscription today, 20 August 2026, with a price band of ₹285 to ₹300 per share. As of 10:15 A.M on the first day of bidding, the issue had been subscribed 0.94 times.
The IPO will remain open for subscription until 24 August 2026. The basis of allotment is expected to be finalised on 25 August 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on 28 August 2026.
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
20 August 2026 |
|
Subscription Closing Date |
24 August 2026 |
|
Basis of Allotment Date |
25 August 2026 |
|
Refund Initiation Date |
27 August 2026 |
|
Credit of Shares |
27 August 2026 |
|
Listing on BSE and NSE |
28 August 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
[August 20, 2026, 10:35 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.01x |
|
Non-Institutional Investors (NIIs) |
1.80x |
|
Retail Individual Investors (RIIs) |
1.11x |
|
Total |
0.94x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 1990, Tempsens Instruments (India) Limited is a thermal engineering company that manufactures temperature sensing, electrical heating, and specialised cable solutions for a wide range of industries. It is India's largest manufacturer of contact and non-contact temperature sensors by revenue, holding a 10.5% market share in FY2026, and is the country's only producer of non-contact temperature sensors. Its product portfolio also includes specialised conductors, fibre optic temperature sensors, thermal profiling systems, pyrometers, online thermal imagers, and electrical heaters.
The company's offerings are divided into three business segments: temperature sensing solutions, electrical heating solutions, and specialised cables, contributing 44.59%, 20.70%, and 34.71% of FY2026 operating revenue, respectively. It caters to both Project/OEM and maintenance, repair, and overhaul (MRO) markets, balancing large project-based orders with recurring replacement and service demand.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
444.88 |
378.53 |
274.81 |
|
EBITDA |
113.17 |
97.32 |
61.13 |
|
Profit After Tax (PAT) |
71.07 |
62.56 |
40.92 |
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