Rajasthan-based Tempsens Instruments, which is India’s largest manufacturer of contact and non-contact temperature sensors, is all set to launch its initial public offering (IPO) on August 20 to raise Rs 650 crore at a price band of Rs 285-300 per share.
The company is raising Rs 95 crore through a fresh issue of shares, while Amit Talesara, Puneet Talesara, Chandra Prakash Talesara and the other selling shareholders will sell 1.85 crore equity shares worth Rs 555 crore through an offer for sale (OFS). This takes the total IPO size to around Rs 650 crore.
The IPO will remain open for public bidding from April 20 to August 24, while the anchor book will open a day before, which is August 19. Investors can bid for a minimum of 50 equity shares, requiring an investment of Rs 15,000 at the upper price band, and in multiples thereafter.
ICICI Securities and JM Financial are the book-running lead managers, and KFin Technologies is the registrar of the IPO. The equity shares are scheduled to be listed on BSE and NSE on August 28.
How will Tempsens Instruments IPO proceeds be used?
Tempsens Instruments aims to use Rs 18 crore from the fresh issue proceeds for funding certain capital expenditure towards the company’s electrical heating solutions, and specialized cable solutions, while Rs 55 crore will be used for pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings, along with general corporate purposes.
Tempsens Instruments is a thermal engineering and specialized cable manufacturer, which is engaged in the design and manufacturing of customized temperature sensing solutions, electrical heating solutions and specialized cables. It has a market share of nearly 10.5% in the temperature sensor segment. It is also the only Indian manufacturer of non-contact temperature sensors as of March 31, 2026, and held approximately 21.3% of the non-contact temperature sensor market share in fiscal 2026, the company said citing F&S report.
Additionally, Tempsens is also one of the largest manufacturers of electrical heaters in India in terms of installed capacity as of March 31, 2026, and is also one of the few players with the capability to manufacture low-voltage process heaters, with ongoing R&D on medium-voltage heaters. Together with its joint ventures, the company operates 15 manufacturing units across the world, of which ten are located in Udaipur.
Tempsens reported revenue from operations at Rs 444.8 crore in FY26, as against Rs 274.8 crore in FY24. Its net profit was Rs 71 crore in FY26, compared to Rs 40.9 crore in FY24.
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