Tempsens Instruments (India) IPO- Complete Overview
Tempsens Instruments (India) IPO is a Mainboard IPO with an issue size of Rs. 650 Cr by Tempsens Instruments (India) Limited, which, Custom temperature sensor solutions, electrical heating solutions, and specialty cables are designed and manufactured by this thermal engineering and specialty cable manufacturer.
Temperature sensing devices, electrical heating solutions, and specialty cables are among its product offerings.
In terms of revenue, they produced contact and non-contact temperature sensors in India, holding a roughly 10.5% market share in the temperature sensor segment.
Products
Temperature Sensing Solutions: Thermocouples and resistance temperature detectors.
Electrical Heating Solutions: Band, Immersion, Process, Skid, and Cartridge.
Specialized cables: Thermocouple, RTD, instrumentation, low voltage control, and power wires.
This new IPO is to be launched on 20 Aug 2026, and its ‘initial public offering’ will end on 24 Aug 2026.
Tempsens Instruments (India) IPO Details
This Mainline IPO comprises a combination of fresh issue of 0.32 crore shares (Rs. 95 Cr) and offer for sale of 1.85 crore shares (Rs. 555 Cr). The Tempsens Instruments (India) IPO listing date is 28 August 2026. The Tempsens Instruments (India) IPO price is between Rs. 285 to Rs. 300 for each Share.
If you want to apply for the IPO, click to open a Demat Account.
Industry Overview & Logistics Industry Outlook
While contact sensors such as thermocouples, RTDs, and gauges continue to dominate with a 69.4% market share, they are expected to grow at a steady CAGR of 7-8% from FY2026 to FY2031.
Company Financial
(Amount in Cr)
|
Period |
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 |
Cash Flows
The cash flows for various activities are shown below:
(Amount in million)
|
Net Cash Flow In Multiple Activities |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
420.22 |
541.50 |
370.89 |
|
Net Cash Flow Investing Activities |
(262.48) |
(934.55) |
(268.61) |
|
Net Cash Flow Financing Activities |
(62.52) |
361.59 |
20.84 |
Revenue Bifurcation & Occupancy Rate
(Source RHP)
The Objective of the Issue
-
Funding certain capital expenditure of the Company towards (i) electrical heating solutions (ii) specialized cable solutions. ~ Rs. 18.13 Cr.
-
Pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company. ~ Rs. 55 Cr.
-
General Corporate Purposes.
Peers of Tempsens Instruments (India)
No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.
Capacity & Utilization
Evaluation of P/E Ratio
Considering the FY ended 31 Mar 2026 with an EPS of Rs. 8.35 from the last year, the resulting P/E ratio is 35.9x.
The Lalithaa Jewellery Mart IPO application will be available from 17 August 2026.
Tempsens Instruments (India) IPO Valuation
|
Particulars |
Value |
|
ROE |
13.54% |
|
ROCE |
21.61% |
|
Debt/Equity |
0.15 |
|
RoNW |
13.55% |
|
PAT Margin |
15.59% |
|
EBITDA Margin |
24.83% |
IPO's Strengths
-
One of the biggest producers of electrical heaters in India and the largest producer of contact and non-contact temperature sensors in terms of revenue (Source: F&S Report), with a focus on indigenization leading to high entry barriers.
-
Broad product portfolio, extensive industry coverage, and a balanced mix of projects and MRO revenue characterize this diversified business model.
-
Innovation and customized, critical solutions are made possible by established research and development capabilities.
-
Global Presence via Export Sales, a Diverse Customer Base, Strategic Alliances, and Robust, Long-Term Customer Relationships.
IPO’s Weaknesses
-
Operations may be negatively impacted by volatility, price hikes, shortages, or delays in essential raw materials, including copper, aluminum, stainless steel, nickel alloys, platinum, and rhodium, particularly for project-specific or custom orders.
-
Reliance on a small number of suppliers and the lack of legally binding long-term supply agreements may result in supply delays or disruptions that have an impact on cash flows, the company, and outcomes.
-
Three of the eleven manufacturing facilities are situated abroad, while the remaining eight are centered in Udaipur, Rajasthan.
Tempsens Instruments (India) IPO GMP Today
Horizon IPO GMP is Rs. 110 as of August 12, 2026, when this information was written. With the upper price band of Rs. 300, Tempsens Instruments (India) IPO's estimated listing price is Rs. 410. The expected listing gain/loss per share is 36.67%.
Tempsens Instruments (India) Limited IPO Timetable (Tentative)
The Tempsens Instruments (India) IPO date is from 20 Aug to 24 Aug, with IPO allocation on Aug 25, refund initiation on Aug 27, and listing on Aug 28, 2026.
|
Events |
Date |
|
IPO Opening Date |
20 Aug 2025 |
|
IPO Closing Date |
24 Aug 2025 |
|
IPO Allotment Date |
25 Aug 2025 |
|
Refund Initiation |
27 Aug 2025 |
|
IPO Listing Date |
28 Aug 2025 |
IPO Other Details
|
IPO Opening & Closing Date |
20 Aug 2026 to 24 Aug 2026 |
|
Face Value |
Rs. 4 per Share |
|
Issue Price |
Rs. 285 to Rs. 300 |
|
Lot Size |
50 Shares |
|
Issue Size |
2,16,66,666 shares (Rs. 650 Cr) |
|
Offer for Sale |
1,85,00,000 shares (Rs. 555 Cr) |
|
Fresh Issue |
31,66,666 shares (Rs. 95 Cr) |
|
Listing At |
BSE, NSE |
|
Issue Type |
Book Built Issue IPO |
|
Registrar |
Kfin Technologies Ltd. |
IPO Grey Market Premium
The current IPO GMP is available at our live IPO GMP page, where you can get the GMP today for open Mainboard and SME IPOs.
Tempsens Instruments (India) IPO Lot Size
The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (50 Shares) amounting to Rs. 15,000 and 13 Lots (650 Shares) for Rs. 1,95,000, respectively, while for HNI investors, the minimum Lot is 14 (700 Shares) amounting to Rs. 2,10,000.
|
Minimum Lot Investment (Retail) |
1 Lot |
|
Maximum Lot Investment (Retail) |
13 Lots |
|
S-HNI (Minimum) |
14 Lots |
|
S-HNI (Maximum) |
66 Lots |
|
B-HNI (Minimum) |
67 Lots |
IPO Reservation
|
Institutional Share Portion |
50% |
|
Retail Investors' Share Portion |
35% |
|
Non-Institutional Shares Portion |
15% |
Promoters and Management of Tempsens Instruments (India) Ltd.
-
Virendra Prakash Rathi
-
Vinay Rathi
-
Pratap Singh Talesara.
|
Pre-Issue Promoter Shareholding |
80.51% |
|
Post-Issue Promoter Shareholding |
65.67% |
IPO Lead Managers
ICICI Securities Ltd.
Dividend Policy
The company has paid a dividend of Rs. 0.33 and Rs. 20.70 in FY26 and FY25.
Conclusion
Tempsens Instruments (India) IPO offers investors exposure to a leading temperature sensing and electrical heating solutions manufacturer with strong revenue growth and healthy profitability. The company benefits from a diversified product portfolio, established R&D capabilities, global presence, and a comparatively low debt-to-equity ratio.
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Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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To Read the Prospectus of the Company Click Here to Download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.











