Tempsens Instruments IPO Opens for Subscription Today: Price Band, Lot Size and What Investors Should Know

1. Tempsens Instruments IPO: Key Issue Details

The October 2025 SEBI filing represents the company's initial DRHP submission. The August 2026 public issue parameters below are verified from the official offer documents and stock exchange circulars:

2. Tempsens Instruments IPO Subscription Status Today

With the public issue opening for bidding today at 10:00 AM IST, electronic order book updates across the BSE and NSE will be recorded in periodic tranches throughout the trading session. Consolidated numbers for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors (RII) will reflect cumulative demand as bids are submitted.

3. Price Band, Lot Size, and Minimum Investment Sizing

The price band for the Tempsens Instruments IPO is set between ₹285 and ₹300 per share. Retail investors must apply for a minimum of 1 lot (50 shares), requiring a minimum application amount of ₹15,000 at the upper ceiling of ₹300 per share.

Under current SEBI IPO allocation rules, retail individual investors can bid for a maximum of 13 lots (650 shares) amounting to ₹1,95,000, keeping total retail application value within the statutory ₹2,00,000 limit. Applications above ₹2,00,000 are categorized under Non-Institutional Investors (NII).

4. Fresh Issue and Offer for Sale (OFS) Structure

The total offer of ₹650.00 crore is divided into two distinct components: a fresh capital raise for the company and a secondary divestment by existing shareholders.

• Fresh Issue (₹95.00 crore): Up to 3,166,666 fresh equity shares issued by Tempsens Instruments (India) Limited. Proceeds from this component flow directly to the company (net of issue expenses) for capex, debt repayment, and operational expansion.
• Offer for Sale (₹555.00 crore): Up to 18,500,000 equity shares offered by five selling shareholders. Proceeds from the OFS tranche go entirely to the selling shareholders in proportion to shares sold; the company receives no capital from this portion.

Selling Shareholders Breakdown in the OFS

5. What Does Tempsens Instruments (India) Limited Do?

Headquartered in Udaipur, Rajasthan, Tempsens Instruments (India) Limited specializes in precision thermal engineering, temperature sensing technologies, industrial electrical heating equipment, and high-performance specialized instrumentation cables.

The company designs and manufactures engineered-to-order sensing systems that operate in high-temperature, hazardous, and extreme industrial environments. Its product lines are segmented across four major pillars:

• Temperature Sensing Solutions: Contact and non-contact temperature measurement products, including thermocouples, resistance temperature detectors (RTDs), non-contact pyrometers, thermal imaging cameras, thermowells, and calibration systems.
• Electrical Heating Solutions: Industrial electric heating elements, immersion heaters, tubular heating systems, laboratory and industrial furnaces, and heat treatment solutions tailored for metallurgy.
• Specialized Cables: High-temperature instrumentation cables, thermocouple compensating and extension cables, mineral-insulated (MI) cables, and signal transmission wiring.
• Calibration & Technical Services: ISO/IEC 17025-accredited calibration laboratories providing testing, thermal profiling, and field maintenance services.

Tempsens operates manufacturing and testing infrastructure in Udaipur, Rajasthan, along with international subsidiary operations in Germany (Tempsens Instruments GmbH) and distribution channels reaching more than 70 countries across Asia, Europe, the Middle East, and the Americas. The company serves clients across power generation, steel manufacturing, cement, glass, oil and gas, petrochemicals, pharmaceuticals, aerospace, defense, and semiconductor electronics.

6. Objects of the Fresh Issue: Use of Net Proceeds

According to the official RHP filed with SEBI, Tempsens Instruments intends to deploy the net proceeds of the fresh issue (after deducting issue-related expenses) toward the following strategic objectives:

1. Capital Expenditure for Manufacturing Expansion (₹18.13 crore): Setting up and equipping new manufacturing facilities, procuring machinery, and undertaking civil works to expand capacity for electrical heating and specialized cable solutions.
2. Repayment or Prepayment of Borrowings (₹55.00 crore): Pre-payment or scheduled repayment of outstanding borrowings availed by the company from banks and financial institutions to lower interest obligations.
3. General Corporate Purposes: Supporting ongoing operational requirements, strategic corporate initiatives, and working-capital buffer in accordance with statutory guidelines.

7. Financial Snapshot: FY24 to FY26 Performance

Tempsens Instruments reported consistent revenue expansion and operating profitability across the last three fiscal years, as presented in its restated consolidated financial statements:

Key Financial Takeaways

• Revenue Growth: Revenue from operations grew from ₹274.81 crore in FY24 to ₹444.88 crore in FY26, representing a Compound Annual Growth Rate (CAGR) of 27.23%.
• Profitability: Net profit (PAT) rose from ₹40.92 crore in FY24 to ₹71.07 crore in FY26, delivering a 3-year CAGR of 31.78%.
• Operating Margins: Operating EBITDA margin stood at 22.43% in FY26 compared to 19.87% in FY24.

8. Key Material Risks Disclosed in the RHP

Prospective investors should review the material operational and market risks disclosed by Tempsens Instruments in its offer documents:

1. Working Capital Intensity: The company's net working capital cycle lengthened from 152 days in FY24 to 193 days in FY25 and 210 days in FY26, driven by higher inventories and trade receivables.
2. Manufacturing Concentration in Udaipur: Primary manufacturing units and testing laboratories are concentrated in Udaipur, Rajasthan. Localized operational disruptions, facility shutdowns, or regional regulatory changes could impact production schedules.
3. Raw Material Price & Supply Volatility: The business relies on specialty and noble metals (such as platinum, rhodium, nickel alloys, and copper). Rapid price increases or supply disruptions could impact gross margins.
4. Exposure to Cyclical Heavy Industries: Significant revenue depends on capital expenditure and operational cycles in steel, cement, power generation, and glass industries.
5. Foreign Exchange Rate Fluctuations: With export revenues across 70+ countries and raw material imports denominated in USD and EUR, unhedged exchange rate fluctuations can impact profitability.
6. Outstanding Legal and Tax Litigations: The company, its promoters, and subsidiaries are involved in ongoing civil, direct tax, and indirect tax proceedings pending before various regulatory and appellate forums.

9. Grey Market Premium (GMP) Overview (Secondary Indicator)

In unofficial market tracking across third-party dealing desks, the unlisted Grey Market Premium (GMP) for Tempsens Instruments IPO is currently quoted in the range of ₹180 to ₹220 per share as of the morning of August 20, 2026.

10. Tempsens Instruments IPO: Official Timetable

The table below details the tentative schedule for bidding, basis of allotment, fund unblocking, and stock exchange listing:

11. What Investors Should Track Next

Following the conclusion of bidding on August 24, 2026, the registrar KFin Technologies Limited will finalize the share allotment on August 25, 2026. Applicants can verify their allotment status online using PAN or application number via our step-by-step educational guides:

• Learn how to verify share entitlement on the registrar portal with our IPO Allotment Status Guide.
• Check direct exchange trade and allotment records with our Guide: Check IPO Allotment Status by PAN on NSE.

12. Frequently Asked Questions (FAQs)

13. Primary Source Notes & Official Document Citations

All data points, issue allocations, financial figures, and operational metrics in this report have been verified against primary regulatory documents, including:

• Official Offer Documents: Tempsens Instruments (India) Limited offer documents, including the initial Draft Red Herring Prospectus (DRHP filed with SEBI in October 2025) and Red Herring Prospectus (RHP), accessible via the SEBI Public Issues Repository and the BRLM Offer Document Portal (ICICI Securities).
• Exchange Notices: Official public issue schedules published on the BSE Public Issues Notice Board and the NSE Issue Information Portal for Tempsens Instruments (India) Limited (August 2026).
• Anchor Allotment Notification: BRLM allocation filing dated August 19, 2026, confirming ₹194.54 crore raised from 29 anchor investors at ₹300 per share.