Tempsens Instruments IPO Oversubscribed 5.93x on Day 1

Tempsens Instruments (India)’s Initial Public Offering (IPO) was subscribed a robust 5.93 times on its opening day, August 20, 2026. The company received bids for 8.99 crore shares against the 1.51 crore shares that were on offer.

Key IPO Figures

• Subscription: 5.93 times
• Bids Received: 8.99 crore shares
• Shares Offered: 1.51 crore shares
• Price Band: Rs 285 to Rs 300 per share
• Minimum Bid: 50 equity shares
• Fresh Issue Value: up to Rs 95 crore
• Offer for Sale: up to 18,500,000 equity shares
• Anchor Investor Allotment Price: Rs 300 per share
• Anchor Investor Funds Raised: Rs 194.54 crore

The IPO, which commenced bidding on August 20, 2026, is scheduled to close on August 24, 2026. Investors can bid for a minimum of 50 equity shares and in subsequent multiples.

Fund Utilization and Pre-IPO Activity

Tempsens Instruments intends to allocate Rs 18.134 crore of the net proceeds towards capital expenditure for electrical heating and specialized cable solutions. Additionally, Rs 55 crore will be used for prepaying certain borrowings, with the remaining balance designated for general corporate purposes.

Before the public offering, the company secured Rs 194.54 crore from 29 anchor investors on August 19, 2026. These investors were allotted 64.84 crore shares at a price of Rs 300 each.

Company Overview and Revenue Mix

Tempsens Instruments (India) operates as a manufacturer specializing in thermal engineering and customized cable solutions. Their product range includes temperature sensing solutions like thermocouples and infrared pyrometers, alongside electrical heating solutions and various specialized cables.

The company’s revenue mix for fiscal year 2026 highlights diversified contributions:

• Temperature Sensing Solutions: 44.59%
• Specialized Cables: 34.71%
• Electrical Heating Solutions: 20.70%

From a business model perspective in FY26, Maintenance, Repair, and Operations (MRO) accounted for 32.45% of revenue. The projects/OEM business contributed the larger share at 67.55%.

Industry Exposure and Financials

Tempsens Instruments serves a broad spectrum of industries, including power, steel, oil and gas, and automotive. Key revenue contributors from end-user industries in FY26 were petrochemicals at 21.45%, metals at 19.68%, and power at 12.27%.

For the twelve months ending March 31, 2026, the company reported a consolidated net profit of Rs 71.07 crore. Sales for the same period stood at Rs 444.88 crore.