Tempsens Instruments IPO Review 2026: GMP, Price, Dates, Lot Size & Allotment Details

Tempsens Instruments IPO is a Mainboard Book Built public issue by Tempsens Instruments (India) Limited. The public issue comprises a fresh issue of equity shares aggregating to ₹95 crore and an Offer for Sale of up to 1.85 crore equity shares. The total issue size is approximately ₹650 crore. The equity shares are proposed to be listed on both BSE and NSE.

Tempsens Instruments IPO Price has been fixed in the range of ₹285 to ₹300 per equity share. The face value of each equity share is ₹4 and the IPO lot size is 50 shares. The IPO opened for subscription on 20 August 2026 and will close on 24 August 2026. The basis of allotment is scheduled for 25 August 2026, while the shares are expected to be credited to demat accounts before the proposed listing on 28 August 2026.

Tempsens Instruments (India) Limited is a thermal engineering and specialised cable manufacturer offering temperature sensing solutions, electrical heating solutions and specialised cables. The company provides products such as thermocouples, resistance temperature detectors, thermowells, infrared pyrometers, thermal imagers, industrial heaters, cables and wires, temperature calibrators and industrial furnaces.

The company serves customers across industries where temperature measurement, process heating and specialised cable solutions are important. Its manufacturing and business presence extends beyond India through subsidiaries and joint ventures, giving it an international footprint.

Tempsens has built its business around customised thermal engineering solutions and backward-integrated manufacturing capabilities. Its Indian operations include manufacturing capabilities for thermocouples, cables and electrical heaters, allowing the company to control several stages of production.

The company’s financial performance has shown growth over the last three financial years. Revenue increased from ₹274.81 crore in FY2024 to ₹444.88 crore in FY2026, while profit after tax increased from ₹41.01 crore to ₹67.35 crore over the same period.

The organised industrial manufacturing and thermal engineering market can benefit from increasing industrialisation, expansion in process industries, infrastructure investment, automation and demand for energy-efficient heating and temperature-monitoring solutions. However, investors should also evaluate customer concentration, exposure to metal and petrochemical industries, export dependence, raw-material prices, competition and valuation before investing.

IPO Details

InformationDetails
IPO NameTempsens Instruments IPO
Company NameTempsens Instruments (India) Limited
IPO TypeBook Built Issue
IPO CategoryMainboard IPO
Face Value₹4 Per Equity Share
Price Band₹285 to ₹300 Per Share
Issue SizeApprox. ₹650 Crore
Fresh Issue₹95 Crore
Offer for SaleUp to 1,85,00,000 Equity Shares
IPO Open Date20 August 2026
IPO Close Date24 August 2026
Anchor Investor Bidding19 August 2026
Basis of Allotment25 August 2026
Refund Initiation27 August 2026
Shares Credited to Demat Account27 August 2026
Listing Date28 August 2026
Listing ExchangeBSE & NSE
Lot Size50 Equity Shares
Retail Minimum Investment₹15,000
Retail Maximum Investment₹1,95,000
S-HNI Minimum Investment₹2,10,000
S-HNI Maximum Investment₹9,90,000
B-HNI Minimum Investment₹10,05,000
RegistrarKFin Technologies Limited
Book Running Lead ManagersICICI Securities Limited and JM Financial Limited

The company intends to utilise the net proceeds from the fresh issue towards capital expenditure for electrical heating solutions and specialised cable solutions, repayment or prepayment of certain outstanding borrowings, and general corporate purposes. The Offer for Sale proceeds will be received by the respective selling shareholders.

Tempsens Instruments IPO Dates

IPO EventDate
Anchor Investor Bidding19 August 2026
IPO Opening Date20 August 2026
IPO Closing Date24 August 2026
Basis of Allotment25 August 2026
Refund Initiation27 August 2026
Shares Credited to Demat Account27 August 2026
Listing Date28 August 2026

After the basis of allotment is finalised, successful applicants will receive the allotted shares in their demat accounts. The company is expected to commence trading on BSE and NSE on 28 August 2026.

Tempsens Instruments IPO Reservation

Investor CategoryReservation
Anchor Investors30%
Qualified Institutional Buyers (QIB)20%
Non-Institutional Investors (NII)15%
Retail Individual Investors (RII)35%

An employee reservation portion is also included within the issue structure. The final allocation under each category is subject to the applicable issue rules and valid applications received.

Tempsens Instruments IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum1 Lot50 Shares₹15,000
Retail Maximum13 Lots650 Shares₹1,95,000
S-HNI Minimum14 Lots700 Shares₹2,10,000
S-HNI Maximum66 Lots3,300 Shares₹9,90,000
B-HNI Minimum67 Lots3,350 Shares₹10,05,000

The application amounts are calculated using the upper price band of ₹300 per equity share.

About Tempsens Instruments (India) Limited

Tempsens Instruments (India) Limited is a thermal engineering and specialised cable manufacturer established in 1990. The company provides customised thermal and cable solutions to customers across a range of industrial applications.

Its product portfolio includes contact temperature sensors, non-contact temperature sensors, industrial electrical heaters, specialised cables and wires, temperature calibration equipment and industrial furnaces. The company also offers specialised products such as thermocouples, resistance temperature detectors, thermowells, pyrometers and thermal imagers.

The company has developed manufacturing capabilities across different product categories and operates through subsidiaries and joint ventures in several countries. Its global footprint provides access to international customers and markets.

Tempsens has also developed backward-integrated manufacturing capabilities for thermocouples, cables and electrical heaters. This enables greater control over production processes and product quality.

The company’s products are used in industries where accurate temperature measurement, process heating, thermal monitoring and specialised signal transmission are essential. Its customer base spans industrial sectors including metals, petrochemicals, energy, automotive, chemicals, glass, cement and other process industries.

The company has exported its products to more than 75 countries during the period from April 2022 to March 2025, demonstrating its international market reach.

Business Operations

Tempsens Instruments operates across three major business verticals: temperature sensing solutions, electrical heating solutions and specialised cables.

  • Temperature Sensing Solutions – The company manufactures contact and non-contact temperature measurement products used for industrial process monitoring.
  • Thermocouples – Tempsens manufactures thermocouples for measuring temperature across industrial applications.
  • Resistance Temperature Detectors – The company provides RTDs for accurate temperature measurement in industrial processes.
  • Thermowells – It manufactures protective assemblies used to protect temperature sensors in demanding industrial environments.
  • Infrared Pyrometers and Thermal Imagers – The company offers non-contact temperature measurement and thermal imaging solutions.
  • Electrical Heating Solutions – Tempsens manufactures industrial electrical heaters for process heating and temperature control applications.
  • Industrial Furnaces – The company provides industrial and research furnaces for controlled heating applications.
  • Specialised Cables – It manufactures specialised cables and wires used for temperature measurement, instrumentation and industrial applications.
  • Mineral Insulated Cables – The company provides mineral insulated cables for demanding high-temperature applications.
  • Temperature Calibration – Tempsens provides temperature calibrators and calibration-related solutions.
  • Customised Engineering Solutions – The company develops products and solutions according to specific customer requirements.
  • International Operations – Subsidiaries and joint ventures provide manufacturing, sales and service capabilities in international markets.

Industry Overview

The thermal engineering industry plays an important role in industrial manufacturing because temperature measurement and process heating are required across a wide range of applications.

Industries such as metals, petrochemicals, chemicals, power, cement, glass, automotive and other process industries require reliable temperature sensors, industrial heaters, cables and thermal monitoring systems.

Increasing industrial automation is also supporting demand for accurate temperature measurement. As manufacturing processes become more automated, companies require reliable sensors and control systems to monitor production conditions and improve efficiency.

Industrial investment in India and other emerging markets can create opportunities for manufacturers of specialised industrial equipment. Demand can also benefit from replacement requirements, capacity additions and the modernisation of existing production facilities.

Tempsens has exposure to both domestic and international markets. Its exports and overseas manufacturing presence provide geographic diversification, although international operations also expose the company to foreign exchange, geopolitical and regulatory risks.

The company operates in a specialised segment where customised products and technical expertise can provide competitive advantages. However, the industry remains dependent on capital expenditure cycles in customer industries.

A slowdown in sectors such as metals, petrochemicals, energy or heavy manufacturing could affect demand for thermal engineering products.

Business Strategy

Tempsens Instruments focuses on expanding its thermal engineering and specialised cable portfolio while strengthening its presence across domestic and international markets.

The company aims to serve customers through customised products and integrated thermal engineering solutions rather than relying only on standard products.

Backward integration is another important part of its manufacturing strategy. In-house capabilities across manufacturing stages can help improve quality control, production efficiency and supply reliability.

The company also focuses on expanding its global presence through subsidiaries, joint ventures and international sales. Its international footprint allows it to access customers outside India and diversify its revenue base.

Product development and technological capabilities remain important because customers in industrial sectors require increasingly accurate, reliable and application-specific thermal solutions.

The IPO proceeds will support capital expenditure in electrical heating and specialised cable solutions. Investment in these areas is expected to increase production capabilities and support future business growth.

The company also intends to use part of the fresh issue proceeds to repay or prepay certain borrowings, which can help reduce financial obligations and strengthen its balance sheet.

Tempsens Instruments IPO Financial Information

The financial performance of Tempsens Instruments provides important information about revenue growth, profitability, margins, debt and capital efficiency.

The company reported revenue of ₹274.81 crore in FY2024, ₹378.53 crore in FY2025 and ₹444.88 crore in FY2026. Profit after tax increased from ₹41.01 crore in FY2024 to ₹60.57 crore in FY2025 and ₹67.35 crore in FY2026.

Tempsens Instruments Financial Summary

ParticularsFY2024FY2025FY2026
Revenue from Operations₹274.81 Crore₹378.53 Crore₹444.88 Crore
Profit After Tax₹41.01 Crore₹60.57 Crore₹67.35 Crore
Total Borrowings₹30.13 Crore₹71.83 Crore₹77.95 Crore

The company has demonstrated strong revenue growth over the three-year period. Revenue increased from ₹274.81 crore in FY2024 to ₹444.88 crore in FY2026.

Profitability also improved, although profit growth was slower than revenue growth between FY2025 and FY2026. This indicates that investors should monitor margins and cost efficiency as the business expands.

Borrowings increased during the reported period, reaching ₹77.95 crore in FY2026. The IPO includes an objective to repay or prepay certain outstanding borrowings, which may help reduce debt-related costs.

The company’s financial performance should be assessed together with its customer concentration, industry exposure, export contribution and future capital expenditure requirements.

Tempsens Instruments IPO Key Performance Indicators (KPIs)

KPIValue
Return on Equity (ROE)13.54%
Return on Capital Employed (ROCE)21.61%
Return on Net Worth (RoNW)13.55%
EBITDA Margin24.83%
PAT Margin15.59%
Debt-to-Equity Ratio0.15
Earnings Per Share (EPS)₹8.81
Net Asset Value (NAV) Per Share₹61.66

The company reported ROCE of 21.61% and ROE of 13.54% for FY2026. The EBITDA margin stood at 24.83%, while the PAT margin was 15.59%. The debt-to-equity ratio was 0.15.

At the upper price band of ₹300, investors should compare the IPO valuation with the company’s earnings, growth rate, margins and future capacity expansion.

Objects of the Tempsens Instruments IPO

The company intends to utilise the net proceeds from the fresh issue for the following purposes:

  • Funding capital expenditure for electrical heating solutions.
  • Funding capital expenditure for specialised cable solutions.
  • Repayment or prepayment of certain outstanding borrowings.
  • General corporate purposes.

Approximately ₹18.13 crore is proposed for capital expenditure towards electrical heating solutions and specialised cable solutions, while approximately ₹55 crore is proposed for repayment or prepayment of certain borrowings.

The fresh issue proceeds will therefore be used primarily for capacity and business expansion as well as debt reduction.

The Offer for Sale proceeds will be received by the respective selling shareholders and will not accrue to the company.

Tempsens Instruments IPO Listing Performance

The Tempsens Instruments IPO is proposed to list on both BSE and NSE on 28 August 2026.

ParticularValue
Listing ExchangeBSE & NSE
Listing Date28 August 2026
Issue Price₹300 Per Share
Listing PriceTo be updated after listing
Listing GainTo be updated after listing
Listing Gain (%)To be updated after listing

The actual listing price will be determined by market demand and trading conditions on the listing date.

Investors should not rely only on the expected listing premium because long-term returns will depend on revenue growth, profitability, industrial demand, competitive position and the company’s ability to execute its expansion plans.

Tempsens Instruments IPO Subscription Status

The Tempsens Instruments IPO has received strong investor interest during its subscription period. As of the latest reported figures, the issue had attracted substantial demand from QIB, NII, retail and employee investors.

Tempsens Instruments IPO Subscription

Investor CategorySubscription
Qualified Institutional Buyers (QIB)2.12x*
Non-Institutional Investors (NII)16.43x*
Retail Individual Investors (RII)7.65x*
Employee8.72x*
Total SubscriptionTo be updated at final close

*The category-wise figures above reflect the latest exchange-linked data available at the time of writing and may change during the final day of bidding.

The final Tempsens Instruments IPO Subscription Status will be known after bidding closes on 24 August 2026. Investors should consider the final subscription figures along with the company’s fundamentals and valuation.

Tempsens Instruments IPO GMP

Tempsens Instruments IPO GMP is an unofficial indicator of grey-market sentiment and is not regulated or guaranteed by the stock exchanges.

The GMP has increased sharply during the IPO period. The latest reported grey-market premium was around ₹315 per share, representing approximately a 105% premium over the upper price band of ₹300.

At a GMP of ₹315, the implied grey-market price would be around ₹615 per share. This is only an indicative calculation and does not guarantee the actual listing price.

Grey-market premiums can change rapidly before listing and should not be treated as a reliable measure of long-term investment returns. Investors should focus on the company’s earnings, valuation, competitive position, industry outlook and risk factors.

Tempsens Instruments IPO Review

Tempsens Instruments IPO provides investors with an opportunity to invest in a specialised thermal engineering and cable solutions manufacturer with a long operating history.

The company has developed a diversified product portfolio covering temperature sensors, electrical heaters, specialised cables, thermal imaging equipment, calibration products and industrial furnaces. This diversification allows it to serve customers across multiple industrial applications.

One of the company’s key strengths is its technical and manufacturing expertise. Its backward-integrated manufacturing capabilities provide greater control over production and allow the company to offer customised solutions.

The company also has an international presence through subsidiaries and joint ventures. Its products have been exported to more than 75 countries between April 2022 and March 2025, providing exposure to global markets.

Financial performance has been positive. Revenue increased from ₹274.81 crore in FY2024 to ₹444.88 crore in FY2026, while PAT increased from ₹41.01 crore to ₹67.35 crore.

The company also reported a FY2026 EBITDA margin of 24.83% and ROCE of 21.61%. These figures indicate healthy operating profitability and capital efficiency.

The IPO proceeds are another positive aspect because a portion will be invested in electrical heating and specialised cable capacity while approximately ₹55 crore is intended for debt repayment or prepayment.

However, the company operates in industries that can be cyclical. More than 40% of revenue is linked to metal and petrochemical customers, creating exposure to capital expenditure cycles in these sectors. The company also has a meaningful export business, which brings foreign exchange and international market risks.

Customer concentration is another factor investors should monitor. A slowdown in major customer industries could affect order volumes and revenue growth.

Raw-material prices can also influence margins. The manufacturing of specialised cables, sensors and heating products requires metals, alloys and other industrial materials. Significant changes in input prices may affect profitability if the company cannot fully pass higher costs to customers.

Competition is another consideration. Although the company operates in specialised product categories, it competes with domestic and international manufacturers across individual product segments.

Valuation also deserves attention. At the upper price band of ₹300, the issue valuation is not low relative to the company’s FY2026 earnings. Investors should assess whether future earnings growth can justify the valuation.

The strong Tempsens Instruments IPO GMP and investor subscription indicate significant short-term market interest. However, GMP is unofficial and can change quickly, while subscription data reflects demand rather than intrinsic value.

Overall, Tempsens Instruments has a differentiated product portfolio, established manufacturing capabilities, international presence and improving financial performance. Investors with a long-term perspective should nevertheless consider industrial cyclicality, customer concentration, export exposure, raw-material costs, competition and IPO valuation before making an investment decision.

Tempsens Instruments IPO Strengths

  • Established thermal engineering and specialised cable manufacturer.
  • More than three decades of operating experience.
  • Diversified portfolio across temperature sensing, electrical heating and specialised cables.
  • Backward-integrated manufacturing capabilities.
  • Presence across domestic and international markets.
  • Products exported to more than 75 countries during April 2022-March 2025.
  • Broad range of industrial applications.
  • Strong revenue growth between FY2024 and FY2026.
  • Consistent profitability during the reported financial years.
  • Healthy FY2026 EBITDA margin of 24.83%.
  • Strong FY2026 ROCE of 21.61%.
  • Low FY2026 debt-to-equity ratio of 0.15.
  • Investment in electrical heating and specialised cable capacity.
  • IPO proceeds include repayment or prepayment of borrowings.
  • Established technical capabilities and customised product offerings.

Tempsens Instruments IPO Risk Factors

  • Significant exposure to cyclical industrial sectors.
  • More than 40% of revenue is linked to metal and petrochemical companies.
  • Export operations expose the company to foreign exchange and international market risks.
  • Fluctuations in raw-material prices may affect margins.
  • Dependence on capital expenditure cycles of industrial customers.
  • Competition from domestic and international manufacturers.
  • Customer concentration can affect revenue stability.
  • Manufacturing operations require continued capital investment.
  • International operations may be affected by geopolitical and regulatory changes.
  • Slowdown in industrial activity may reduce demand for thermal engineering products.
  • Product quality and technical reliability are critical to maintaining customer relationships.
  • Rapid technological changes may require continuous investment in research and development.
  • IPO valuation needs to be justified by future earnings growth.
  • A large portion of the issue consists of an Offer for Sale, meaning the proceeds largely go to selling shareholders rather than the company.

Tempsens Instruments IPO Promoters

The promoters of Tempsens Instruments (India) Limited are Virendra Prakash Rathi, Vinay Rathi and Pratap Singh Talesara.

The promoter and promoter group held approximately 80.51% of the company before the IPO. Following the issue, their holding is expected to decline to approximately 65.67%.

The promoters have been associated with the development and expansion of the company’s thermal engineering and specialised cable business.

Tempsens Instruments IPO Promoters Details

PromoterRole
Virendra Prakash RathiPromoter
Vinay RathiPromoter
Pratap Singh TalesaraPromoter

The promoter group is expected to continue holding a majority stake after the IPO.

Tempsens Instruments IPO Management Team

The company is managed by an experienced team with expertise in thermal engineering, manufacturing, industrial products, business development and corporate management.

NameDesignation
Virendra Prakash RathiPromoter / Director
Vinay RathiPromoter / Director
Pratap Singh TalesaraPromoter / Director

The management team is responsible for the company’s manufacturing operations, product development, customer relationships, international expansion and overall business strategy.

Tempsens Instruments IPO Registrar Details

The registrar is responsible for processing IPO applications, finalising the basis of allotment, coordinating refunds, crediting shares to successful applicants and handling investor-related services.

ParticularDetails
Registrar NameKFin Technologies Limited
Websitehttps://ipostatus.kfintech.com
IPO Allotment Statushttps://ipostatus.kfintech.com
Contact Number+91 40 6716 2222

Tempsens Instruments IPO Lead Manager Details

The Book Running Lead Managers are responsible for managing the IPO process, coordinating regulatory requirements and assisting the company throughout the public issue.

ParticularDetails
Lead Manager 1ICICI Securities Limited
Lead Manager 2JM Financial Limited
Sponsor BankICICI Bank Limited and Kotak Mahindra Bank Limited

The lead managers are responsible for coordinating the issue process with the company, stock exchanges, regulators, investors and other intermediaries.

Tempsens Instruments (India) Limited Contact Details

ParticularDetails
Company NameTempsens Instruments (India) Limited
Registered OfficeTF-304, Florence Classic, 10, Ashapuri Society, Akota, Vadodara – 390020, Gujarat, India
Websitehttps://www.tempsens.com
Phone+91 29 4294 3092

How to Check Tempsens Instruments IPO Allotment Status

Investors can check the Tempsens Instruments IPO Allotment Status after the basis of allotment is finalised through the registrar’s website or stock exchange facilities.

Through KFin Technologies Limited

  1. Visit the official KFin Technologies IPO status portal.
  2. Select Tempsens Instruments IPO from the IPO list.
  3. Choose PAN Number, Application Number or DP/Client ID.
  4. Enter the required details.
  5. Submit the information to view the allotment status.

Through BSE

  1. Visit the official BSE IPO application status facility.
  2. Select the relevant IPO.
  3. Enter your PAN Number or application details.
  4. Complete the required verification.
  5. Submit the details to check the allotment status.

Through NSE

  1. Visit the official NSE IPO bid verification facility.
  2. Select the relevant IPO.
  3. Enter the required application details.
  4. Complete the verification process.
  5. Submit the details to view the application status.

The Tempsens Instruments IPO allotment is scheduled for 25 August 2026, followed by refunds and demat credit on 27 August 2026. The proposed listing date is 28 August 2026.

Tempsens Instruments IPO Conclusion

Tempsens Instruments IPO offers investors exposure to a specialised thermal engineering and cable solutions company with an established operating history and international presence.

The company’s diversified product portfolio includes temperature sensors, electrical heating solutions, specialised cables, industrial furnaces, thermal imaging products and temperature calibration equipment.

Financial performance has been encouraging, with revenue increasing from ₹274.81 crore in FY2024 to ₹444.88 crore in FY2026 and PAT increasing from ₹41.01 crore to ₹67.35 crore.

The company has also reported healthy operating metrics, including FY2026 ROCE of 21.61%, EBITDA margin of 24.83% and debt-to-equity ratio of 0.15.

The fresh issue proceeds will support capital expenditure in electrical heating and specialised cable solutions, while a significant portion is intended for repayment or prepayment of borrowings. This provides a combination of growth investment and balance-sheet strengthening.

At the same time, investors should consider the company’s exposure to cyclical industries, customer concentration, export markets, raw-material prices and competitive pressures. The valuation at the upper price band should also be assessed against future earnings growth.

The Tempsens Instruments IPO Subscription Status has shown strong demand, while the Tempsens Instruments IPO GMP has risen sharply in the grey market. These indicators demonstrate strong market interest but should not be treated as guarantees of listing gains or long-term returns.

Overall, Tempsens Instruments has a specialised business model, established manufacturing capabilities, international reach and a track record of financial growth. Investors should assess the IPO according to their risk appetite, valuation expectations and long-term investment objectives.

Tempsens Instruments IPO FAQs

What is Tempsens Instruments IPO?

Tempsens Instruments IPO is a Mainboard public issue of Tempsens Instruments (India) Limited, a thermal engineering and specialised cable manufacturer offering temperature sensing, electrical heating and cable solutions.

What is the Tempsens Instruments IPO Price?

The Tempsens Instruments IPO Price band is ₹285 to ₹300 per equity share.

What is the issue size of Tempsens Instruments IPO?

The total issue size is approximately ₹650 crore, comprising a fresh issue of ₹95 crore and an Offer for Sale of up to 1.85 crore equity shares.

What is the Tempsens Instruments IPO Lot Size?

The Tempsens Instruments IPO Lot Size is 50 equity shares. At the upper price band of ₹300, the minimum retail investment is ₹15,000.

When does Tempsens Instruments IPO open and close?

The IPO opened for subscription on 20 August 2026 and will close on 24 August 2026.

What is the Tempsens Instruments IPO Subscription Status?

The reported GMP has risen sharply to around ₹315 per share, or approximately 105% above the upper issue price of ₹300. GMP is unofficial and can change before listing.

What is the Tempsens Instruments IPO Subscription Status?

The IPO has received strong investor demand. The latest available category data shows QIB subscription of 2.12 times, NII subscription of 16.43 times, retail subscription of 7.65 times and employee subscription of 8.72 times. The final subscription will be available after the issue closes.

When is the Tempsens Instruments IPO Allotment?

The Tempsens Instruments IPO Allotment is scheduled to be finalised on 25 August 2026. Refunds and demat credit are scheduled for 27 August 2026.

Who is the registrar for Tempsens Instruments IPO?

KFin Technologies Limited is the registrar to the Tempsens Instruments IPO.

What does Tempsens Instruments (India) Limited do?

Tempsens Instruments manufactures thermal engineering and specialised cable products, including temperature sensors, thermocouples, RTDs, thermowells, electrical heaters, specialised cables, industrial furnaces, thermal imagers and temperature calibration equipment.

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