Tempsens Instruments (India) IPO
LISTEDMAINBOARDTEMPSENSListing Performance
▲ 111.33%
Issue Price
₹300
Listing Price
₹634
Listed On
28 Aug 2026
- Price Band
- ₹285 – ₹300
- Lot Size
- 50
- Lot Value
- ₹15,000
- Open Date
- 20 Aug20 Aug 2026
- Close Date
- 24 Aug24 Aug 2026
- Min Investment
- ₹15,000
Tempsens Instruments (India) — Stock Performance
About Tempsens Instruments (India)
Tempsens Instruments is a thermal engineering and specialized cable manufacturer engaged in the design and production of customized temperature-sensing, electrical-heating, and specialized cable solutions. The company operates across three verticals. Its temperature sensing products include thermocouples and infrared pyrometers. The electrical heating segment offers industrial heaters and furnaces, while its cable division manufactures power, control, and instrumentation cables. The company generates revenue by providing custom-built, make-to-order solutions for demanding industries such as steel, petrochemicals, and glass manufacturing. Tempsens utilizes a backward-integrated manufacturing model, allowing control over the entire production cycle from alloy melting to final calibration. With a diversified revenue stream, the company serves both original equipment manufacturer and maintenance markets, maintaining a balanced market presence through domestic sales and an export footprint spanning over 70 countries.
Manufactures and sells industrial sensors, specialty cables, and heating solutions to OEM, projects, and MRO (maintenance, repair, operations) customers across metal, petrochemical, defence & nuclear, power, glass, and plastics industries.
Use of IPO Proceeds
Total allocation: ₹90.38 Cr (excludes issue expenses)
Promoters
Virendra Prakash Rathi
Chairman and Executive Director · age 76
Pre-issue: 25%
Vinay Rathi
Managing Director · age 51
Pre-issue: 30%
Pratap Singh Talesara
Non-Executive Director · age 75
Pre-issue: 0.63%
Investment Analysis
Quick Analysis: 5 strengths · 6 risk factors· Exchange: Equity
Strengths (5)
- •Diversified revenue across multiple end-user industries and customer base
- •Consistent revenue growth with improved profitability over three fiscal years
- •Balanced revenue mix from both Projects/OEM and MRO business segments
- •Strategic expansion through acquisitions and geographic diversification
- •Limited customer concentration with top 10 customers under 26% of revenue
Risk Factors (6)
- •Projects/OEM business heavily concentrates 63-69% revenue; MRO contribution vulnerable to adverse changes in either segment.
- •Metal and petrochemical industries represent 40-43% revenue; negative developments materially affect operations and cash flows.
- •Significant volatility and supply shortages of primary raw materials adversely impact custom orders and project-specific business.
- •Limited supplier group without definitive supply agreements increases exposure to disruptions affecting operations and cash flows.
- •Udaipur manufacturing concentration and infrastructure shortcomings create operational disruption risks affecting financial performance.
- •Subsidiary/JV reliance for international expansion exposes company to operational and strategic risks impacting growth.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 130.84x (QIB 230.19x, NII 226.53x, Retail 33.40x) at close
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (13 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 50 | ₹15,000 |
| Retail (max) | 13 | 650 | ₹1,95,000 |
| S-HNI (min) | 14 | 700 | ₹2,10,000 |
| S-HNI (max) | 66 | 3,300 | ₹9,90,000 |
| B-HNI (min) | 67 | 3,350 | ₹10,05,000 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 | Day 5 |
|---|---|---|---|---|
| QIB | 0.03x | 1.20x | 230.19x | 230.19x |
| sNII (S-HNI) | 12.62x | 42.57x | 170.26x | 170.24x |
| bNII (B-HNI) | 6.11x | 33.52x | 254.68x | 254.68x |
| Retail | 3.77x | 11.01x | 33.41x | 33.40x |
| Total | 3.68x | 13.70x | 130.85x | 130.84x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
33.40x
Allotment Ratio
1 lot per 34 applicants
Allotment Probability
~3.0%
Non-Institutional Investors (NII / HNI)
Subscription
226.53x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
230.19x
Allotment Type
Discretionary allotment
Total Subscription
130.84x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
20 Aug 2026 · Thu
Issue Closes
24 Aug 2026 · Mon
UPI Deadline
24 Aug 2026 · Mon
Allotment
25 Aug 2026 · Tue
Refund
26 Aug 2026 · Wed
Share Credit
26 Aug 2026 · Wed
Listing
27 Aug 2026 · Thu
Issue Opens
20 Aug 2026 · Thu
Issue Closes
24 Aug 2026 · Mon
UPI Deadline
24 Aug 2026 · Mon
Allotment
25 Aug 2026 · Tue
Refund
26 Aug 2026 · Wed
Share Credit
26 Aug 2026 · Wed
Listing
27 Aug 2026 · Thu
IPO Details
| Registrar | KFin Technologies Limited |
| Exchange | Equity |
| ISIN | — |
| Face Value | ₹4 |
| Issue Size | ₹655.75 Cr |
| Fresh Issue | ₹118.00 Cr |
| OFS Size | ₹537.75 Cr |
| Lead Managers | ICICI Securities Limited, JM Financial Limited |
3-Year Financial Summary
Revenue trend
↑ FY23→FY25
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY25 | 378.53 | 62.55 | 7.75 | 38.69 | 14.53% |
| FY24 | 274.81 | 40.92 | 5.07 | 59.14 | 22.66% |
| FY23 | 236.94 | 33.23 | 4.12 | 72.82 | 23.76% |
Detailed Line Items (₹ Cr)
| Line Item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Income | 239.98 | 278.04 | 382.47 |
| EBITDA | 50 | 61.13 | 97.32 |
| Net Worth | 139.84 | 180.61 | 430.63 |
| Total Borrowings | 26.45 | 30.13 | 71.83 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
38.7x
Price ÷ EPS
EPS (FY25)
₹8
Earnings per share
RoNW
14.53%
Return on net worth
ROCE
19.37%
as reported in filing
EBITDA margin
25.7%
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
12 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | — |
| Paid-up Capital | — |
| Equity Shares (Pre-Issue) | 8,06,66,025 |
| Equity Shares (Post-Issue) | — |
Source: Tempsens Instruments (India) offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
- Amit Talesara(Promoter)—
- Puneet Talesara(Promoter)—
- Chandra Prakash Talesara(Promoter)—
- Ankit Talesara(Promoter)—
- Nirmal Kumar Pande(Promoter)—
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Tempsens Instruments (India)'s filing.
Source: Tempsens Instruments (India) offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB+50.00%
- NII / HNI+15.00%
- Retail+35.00%
- Employee+5.00%
OFS Selling Shareholders
- Amit Talesara36,36,909 sh
- Puneet Talesara33,80,327 sh
- Chandra Prakash Talesara36,35,945 sh
- Ankit Talesara36,35,945 sh
- Nirmal Kumar Pande36,35,945 sh
Source: Tempsens Instruments (India) offer document (DRHP/RHP).
Board & Management
Board of Directors (6)
- Ankit Talesara
Non-Executive Director
Son of Pratap Singh Talesara
- Pratap Singh Talesara
Non-Executive Director
Promoter, involved in promotion of the Company
- Deepak Kabra₹0.30 Cr p.a.
Independent Director
Chartered Accountant (ICAI)
Over 15 years of experience in the banking industry
- Rishabh Verdia₹0.30 Cr p.a.
Independent Director
Chartered Accountant (ICAI), information systems audit assessment test certified
Over 23 years of experience in accounting
- Bhagwat Singh Babel₹0.30 Cr p.a.
Independent Director
Bachelor of Technology (Electrical Engineering), Diploma of Membership from Institution of Engineers (India)
Over 18 years of experience in the electrical industry
- Ruchika Godha₹0.30 Cr p.a.
Independent Director
Master of Management Science from Devi Ahilya Vishwavidyalaya
Over 17 years of experience in the information technology consultancy services industry
Key Managerial Personnel (2)
- Priyanka Menaria₹0.14 Cr p.a.
Chief Financial Officer
Bachelor of Commerce, Fellow of ICAI
Over 11 years of experience in finance, associated with Company since July 1, 2016
- Vishal Jain
Company Secretary and Compliance Officer
Bachelor of Commerce, Diploma in Finance and Accounts, Associate Member of ICSI
Over eight years of experience as a company secretary, appointed April 7, 2025
Source: Tempsens Instruments (India) offer document (DRHP/RHP).
Industry & Market
Tempsens is the largest player in India, holding around 10.0% market share in the Temperature sensor segment in Fiscal 25; only Indian manufacturer of non-contact temperature sensors holding ~18% of the non-contact sensor market share
Per Frost & Sullivan, a report commissioned by the company (not independent).
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| Tempsens Instruments India Limited | — | — | — | — |
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:KFin Technologies Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
Documents
Frequently Asked Questions
When is the Tempsens Instruments (India) IPO opening?
The Tempsens Instruments (India) IPO opens on 20 Aug 2026 and closes on 24 Aug 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Tempsens Instruments (India) IPO?
The price band for the Tempsens Instruments (India) IPO is ₹285 to ₹300. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Tempsens Instruments (India) IPO?
The minimum lot size is 50 shares with a minimum investment of ₹15,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Tempsens Instruments (India) IPO today?
The latest Grey Market Premium for Tempsens Instruments (India) is ₹313 (+104.33%). GMP is unofficial data and is not a guarantee of listing price.
When will the Tempsens Instruments (India) IPO list on NSE and BSE?
The Tempsens Instruments (India) IPO is expected to list on 28 Aug 2026 on Equity. Actual listing day trading begins at the start of the normal market session.
How can I check the Tempsens Instruments (India) IPO allotment status?
The registrar for this IPO is KFin Technologies Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Tempsens Instruments (India) IPO a mainboard or SME issue?
Tempsens Instruments (India) is a mainboard IPO that will list on the main NSE and BSE boards. Mainboard IPOs are open to retail investors with a minimum application of one lot.
How do I apply for the Tempsens Instruments (India) IPO?
You can apply for the Tempsens Instruments (India) IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Tempsens Instruments (India) IPO?
The GMP-implied price (unofficial, not a forecast) is ₹613: the upper price band of ₹300 plus the latest grey market premium of ₹313, as of 28 Sep 2026, 01:00 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for Tempsens Instruments (India) IPO?
Based on the retail subscription of 33.40x, the estimated allotment ratio is 1 lot per 34 applicants (approximately 3.0% chance of allotment). This is an estimate and actual allotment may vary.
Recently Listed IPOs
| Company | Listed | Listing Gain |
|---|---|---|
| A-One Steels India | 01 Oct 2026 | +12.35% |
| Moneyview | 01 Oct 2026 | +61.76% |
| ArMee Infotech | 30 Sep 2026 | +0.00% |
Related IPOs
Related Articles
How to Use 10 Minutes of Research to Validate Any IPO Video You Watch
SEBI now requires issuers to publish a 10-minute IPO disclosure video. Here is a practical, source-by-source method to verify what you watch against the DRHP and official exchange records in about ten minutes.
Read more →
How-ToHow to Read Past IPO Data to Set Realistic Listing Gain Targets
Median listing gains fell to 3.8% in 2025 from 15.2% in 2024. Here is how to read past IPO data, GMP, and subscription numbers to set realistic listing day expectations instead of chasing hype.
Read more →
How-ToHow to Compare an IPO With Listed Peers Using Key Ratios and Growth Metrics
A practical framework for Indian retail investors on comparing an IPO with its listed peers using P/E, P/B, EV/EBITDA and growth metrics, illustrated with the NSE vs BSE case study.
Read more →