Tempsens Instruments (India) Limited has launched its Initial Public Offering (IPO) valued at ₹650 crore. The public issue opened for bidding on August 20 and is scheduled to conclude on August 24. The price band for the offering has been fixed at ₹285 to ₹300 per equity share, with investors permitted to bid for a minimum of 50 equity shares and in multiples thereof.
The structure of the net offer allocates up to 50% for qualified institutional buyers (QIBs), not less than 15% for non-institutional bidders (NIBs), and not less than 35% for retail individual bidders (RIBs). The public offering comprises a fresh issue aggregating up to ₹95 crore alongside an offer-for-sale of up to 1.85 crore shares by promoter group selling shareholders, including Amit Talesara, Puneet Talesara, Chandra Prakash Talesara, and other selling shareholders Ankit Talesara and Nirmal Kumar Pande.
Net proceeds from the fresh issue are earmarked for specific corporate objectives. An amount of ₹18.134 crore will be utilized to fund capital expenditure toward electrical heating solutions and specialized cable solutions. Additionally, ₹55 crore will go toward the full or partial pre-payment or scheduled repayment of certain outstanding borrowings availed by the company, with the remainder allocated for general corporate purposes.
Ahead of the public launch, Tempsens Instruments secured ₹194.54 crore from anchor investors on Wednesday by allocating 64,84,999 equity shares at ₹300 per share. Institutional participants in the anchor round included Aranda Investments Pte. Ltd., SBI Mutual Fund, HDFC Mutual Fund, Nippon Life India Trustee, Kotak Mahindra Trustee, Goldman Sachs Funds, Ashoka WhiteOak ICAV, Aditya Birla Sun Life Mutual Fund, Motilal Oswal, 360 ONE, ValueQuest India, Edelweiss, Axis Max Life Insurance, and Kotak Mahindra Life Insurance Company. Various equity-oriented schemes from these institutions also received allocations.
Tempsens Instruments operates as a thermal engineering and specialized cable manufacturer, designing and producing customized temperature sensing solutions, electrical heating solutions, and specialized cables tailored to customer specifications. According to a Frost & Sullivan (F&S) report, the company is the largest manufacturer of contact and non-contact temperature sensors in India in terms of revenue as of March 31, 2026, holding an approximate 10.5% market share in the temperature sensor segment for Fiscal 2026. It is also noted as the sole Indian manufacturer of non-contact temperature sensors as of March 31, 2026, with an estimated 21.3% market share in that category.
ICICI Securities Limited and JM Financial Limited are acting as the book-running lead managers for the offer, while KFin Technologies Limited serves as the registrar. The equity shares are proposed to be listed on both the BSE and the National Stock Exchange (NSE).
"The public listing of Tempsens Instruments highlights the growth and market positioning of specialized manufacturing enterprises in India. Securing substantial anchor investments prior to public opening reflects strong institutional confidence in the company's niche engineering capabilities and market leadership in temperature sensors. Utilizing capital proceeds for debt reduction and specific capital expenditures provides a clear roadmap for operational scaling and financial strengthening." — Dr. Shishir Gupta, Founder & CEO, StartupLanes
