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Tempsens Instruments India Limited

MainboardlistedNSE · BSE
20 Aug 2026 – 24 Aug 2026
LISTED
Offer Price
₹285–300
Bid lot
50
Min Application
₹15,000
Issue Size
₹650 Cr

Key dates

Open date
20 Aug 2026
Done
Close date
24 Aug 2026
Done
Basis of allotment
25 Aug 2026
Done
Initiation of refunds
25 Aug 2026
Done
Credit to demat
25 Aug 2026
Done
Listing date
28 Aug 2026
Done

Issue reservation

₹650 Cr
QIB 50%10%5%Retail 35%
QIB
1.08 Cr sh · ₹325.00 Cr
50%
HNI (10L+)
21.7 L sh · ₹65.00 Cr
10%
HNI (2-10L)
10.8 L sh · ₹32.50 Cr
5%
Retail
75.8 L sh · ₹227.50 Cr
35%
Applications required for 1× subscription
Retail (≤₹2L)
1,51,666 forms
S-HNI (₹2–10L)
1,548 forms
B-HNI (>₹10L)
647 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: AXIS CAPITAL LIMITED

Lot ladder — how much to bid

1 lot = 50 shares
Retail · Up to ₹2 L1–13 lots
Min · 1 lot
50 sh · ₹15,000
Max · 13 lots
650 sh · ₹1,95,000
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
700 sh · ₹2,10,000
Max · 66 lots
3,300 sh · ₹9,90,000
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
3,350 sh · ₹10,05,000
Entry point
₹10,05,000 onward

Issue details

Lead managersAXIS CAPITAL LIMITED
Face value₹10
Listing onNSE · BSE
RegistrarAXIS BANK
Grey-market sentiment
Premium / share
+₹330
Est. listing price₹630
Est. listing gain+110%

⚠ Grey-market premium is unofficial, unregulated and not investment advice. 7-day trend shown.

Financials

Period Ended

31 Mar 2026

31 Mar 2025

31 Mar 2024

Assets

661.05

551.28

271.14

Total Income

455.86

382.47

278.04

Profit After Tax

71.07

62.56

40.92

EBITDA

113.17

97.32

61.13

NET Worth

496.89

430.63

180.61

Reserves and Surplus

465.16

427.25

202.98

Total Borrowing

77.95

71.83

30.13

Amount in ₹ Crore

Objects of the issue

Objects Amount (₹ Cr)

• Funding certain capital expenditure of the company towards Electrical heating solutions; and Specialised

cable solutions 18.13

• Pre-payment or scheduled re-payment, in full or in part of outstanding borrowings availed by the company 55.00

• General Corporate Purposes [ • ]

About the company

❑ Tempsens Instruments India Ltd is a global leader in Thermal and Cable Solutions, with

state-of-the-art manufacturing facilities (including Subsidiaries and Joint Ventures) in

India, Indonesia, UAE, Germany, Poland and South Korea. With decades of expertise, the

company has built a strong reputation for integrating technology and engineering to

deliver advanced solutions in the thermal and cable domain.

❑ Tempsens offers a comprehensive portfolio of high-quality thermal engineering products,

including Contact and Non-contact Temperature Sensors— such as Thermocouples,

RTDs, Thermowells, Infrared Pyrometers, and Thermal Imagers—along with Cables &

Wires, Industrial Electrical Heaters, Temperature Calibrators, and Industrial Electrical

Furnaces. All solutions are designed and customized to meet diverse customer

requirements.

❑ Tempsens together with its Subsidiaries and Joint Ventures, operates 15 manufacturing

units, of which 10 are located in Udaipur, India, and 5 manufacturing units are located

overseas, namely in the the United Arab Emirates - Tempsens Gulf LLC), the Republic of

Korea (South Korea)- Tempsens Korea Co. Ltd.), Indonesia - PT Tempsens Asia Jaya),

Germany - Tempsens Instruments GmbH) and Poland - Tempsens Polska Sp. z o.o.,

❑ As of March 31, 2026, they are the largest manufacturer of contact and non-contact

temperature sensors in India in terms of revenue, with a market share of ~10.5% in the

temperature sensor segment. They are also the only Indian manufacturer of non-contact

temperature sensors, holding ~21.3% of the non-contact sensor market share.

❑ Their technical expertise extends to advanced conductor solutions, where they are

among the few specialist manufacturers in India. They are also one of the largest

manufacturers of electrical heatersin India in terms of installed capacity, with capabilities

to produce low-voltage process heaters and ongoing R&D on medium-voltage heaters.

Additionally, they are the only Indian manufacturer of fibre optic temperature sensors,

thermal profiling systems, pyrometers, and online thermal imagers.

❑ The company offers a diverse product portfolio structured around three verticals:

temperature sensing solutions, electrical heating solutions, and specialised cables.

These products play a critical role in ensuring safe, efficient, and reliable operation of

manufacturing processes across multiple industries.

❑ They demonstrate its capabilities through a diverse portfolio of Project/OEM

engagements and a steadily recurring MRO replacement business. The Project/OEM

segment represents a high-barrier, approval-driven market characterised by stringent

qualification requirements. The company actively serves the replacement market, which

consists of MRO orders often stemming from existing Project/OEM customers.

Company strengths

Competitive Strength 

  • Largest Manufacturer of Contact and Non-Contact Temperature Sensors in India in Terms of Revenue and One of the Largest Manufacturers of Electrical Heaters in India (Source: F&S Report) with a Focus on Indigenisation resulting in High Entry Barriers

  • Diversified Business Model with Broad Product Portfolio, Wide Industry Coverage, and Balanced Mix of Projects and MRO Revenue

  • Established Research and Development Capabilities Enabling Customized, Critical Solutions and Innovation

  • Global Presence Through Strategic Alliances, Diverse Customer Base, Export Sales and Strong Long-Standing Customer Relationships

  • Integrated Global Operations Featuring Backward Integration, Digital Traceability, and Stringent Quality Control

  • Operations Led by the Promoters and Supported by an Experienced Management Team Driving Long-Term Business Growth

Business Strategies 

  • Expanding And Commercialising New Products by Leveraging R&D Capabilities and Technological Partnerships

  • Scaling Established Product Lines: Process Heating, Conductor Solutions and Infrared Technology

  • Maintaining and Expanding their Global Presence and Export Sales

  • Continuing to Focus on Growth Through Organic and Inorganic Initiatives, Including Joint Ventures and Subsidiaries

  • Continue to Focus on Improving Operational Efficiency and Expanding Manufacturing Capacity

  • Expanding Replacement Business and Diversifying Industry Presence to Drive Resilient, Annuity-Style Growth

Registered office & contact

Tempsens Instruments (India) Ltd. Address

TF-304,

Florence Classic, 10,

Ashapuri Society, Akota,

Vadodara, Gujarat, 390020

  • +91 29 4294 3092

  • compliance@tempsens.com

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the TEMPSENS INSTRUMENTS INDIA LIMITED IPO?

One lot of 50 shares — ₹15,000 at the upper price band of ₹300.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-08-28 on NSE / BSE.

₹285–300
Applications are closed.