Tempsens Instruments IPO Oversubscribed 5.95x on Day 1

By IPO DeskTempsens Instruments IPO Oversubscribed 5.95x on Day 1

Tempsens Instruments IPO saw strong investor demand, achieving a 5.95x subscription on its opening day. NIIs and RIIs led the charge.

The Tempsens Instruments (India) IPO recorded a subscription of 5.95 times on its first day, August 20, 2026, by 5:34 P.M. The public offering has an issue size of ₹650 crore with a price band set from ₹285 to ₹300 per share.

Key IPO Details

  • Issue Size: ₹650 crore
  • Price Band: ₹285 to ₹300 per share
  • Fresh Issue: ₹95 crore
  • Offer for Sale (OFS): ₹555 crore
  • Minimum Investment: ₹15,000 for 50 shares

Non-Institutional Investors (NIIs) led the demand, subscribing their portion 12.51 times. Retail Individual Investors (RIIs) followed with a 6.48 times subscription.

  • NIIs: 12.51 times subscribed
  • RIIs: 6.48 times subscribed
  • Employee (EMP) Portion: 9.43 times subscribed
  • Qualified Institutional Buyers (QIBs): 0.05 times subscribed

Company Profile

Established in 1990, Tempsens Instruments (India) specializes in manufacturing temperature sensors, industrial heating products, and specialized cables. The company stands as India’s largest manufacturer of contact and non-contact temperature sensors by revenue.

  • Market Share (FY2026): 10.5% in temperature sensors
  • Unique Position: Sole Indian manufacturer of non-contact temperature sensors
  • Product Portfolio: Fiber optic temperature sensors, pyrometers, thermal imaging systems, electrical heaters

Financial Performance

The company has shown consistent financial growth over the last three fiscal years. Profit after tax (PAT) and total income have both increased significantly.

  • FY26 PAT: ₹71.06 crore
  • FY26 Operating EBITDA Margin: 24.83%
  • Total Income (FY24 to FY26): Rose from ₹278.04 crore to ₹455.85 crore
  • PAT (FY24 to FY26): Grew from ₹40.91 crore to ₹71.06 crore

Upcoming IPO Timeline

The IPO is scheduled to close on August 24, 2026. Shares are set to list on both the BSE and NSE.

  • IPO Close Date: August 24, 2026
  • Basis of Allotment: August 25, 2026
  • Refunds Initiated: August 27, 2026
  • Shares Credited: August 27, 2026
  • Listing Date: August 28, 2026
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