Tempsens Instruments (India) IPO 2026: Price Band, GMP, Subscription, Financials & Key Details

The Tempsens Instruments (India) IPO is scheduled to open for subscription on August 20, 2026, and close on August 24, 2026. The IPO is a book-built issue of ₹650 crore, comprising a ₹95 crore fresh issue and an Offer for Sale (OFS) of ₹555 crore.

The IPO price band has been fixed at ₹285 to ₹300 per share, with a face value of ₹4 per equity share. Retail investors can apply for a minimum of 50 shares, requiring an investment of ₹15,000 at the upper price band.

The shares are proposed to be listed on both the NSE and BSE on August 28, 2026.

Tempsens Instruments (India) is a thermal engineering company engaged in temperature measurement solutions, electrical heating systems and specialized cable solutions. The company serves a wide range of industrial applications in India and international markets.

In this article, we cover the Tempsens Instruments IPO details, GMP, subscription status, IPO timeline, lot size, financial performance, business model, objectives, strengths, risks, peer comparison and allotment details.

Tempsens Instruments (India) IPO Details

Tempsens Instruments IPO Timeline

Allotment, refund, demat credit and listing dates are tentative and subject to change.

Tempsens Instruments IPO GMP

As of August 17, 2026, the Tempsens Instruments IPO GMP is ₹110.

At the upper IPO price of ₹300, the current estimated listing price based on GMP is approximately ₹410 per share.

The current GMP of ₹110 represents an indicative 36.67% premium over the upper price band.
However, GMP is an unofficial and unregulated market indicator. It can change significantly before the IPO listing and should not be considered a guaranteed listing gain.

Tempsens Instruments IPO Subscription Status

The Tempsens Instruments IPO will open for subscription on August 20, 2026, and close on August 24, 2026.

Since the bidding has not started yet, live subscription data is currently unavailable.

The subscription figures will be updated once bidding begins.

Tempsens Instruments IPO Day-wise Subscription Trend

What is the Current Subscription Data for Tempsens Instruments?

The current subscription data is not available because the IPO has not opened for bidding.

Once the issue opens, live subscription figures will be updated based on bids received from QIB, NII and Retail investors.

Tempsens Instruments Financial Performance

Tempsens Instruments has reported consistent growth in revenue and profitability over the last three financial years.
 

The company's total income increased from ₹278.04 crore in FY24 to ₹455.86 crore in FY26.
PAT increased from ₹40.92 crore to ₹71.07 crore during the same period, while EBITDA increased from ₹61.13 crore to ₹113.17 crore.

Tempsens Instruments Key Financial Ratios

The company reported a healthy 24.83% EBITDA margin and 15.59% PAT margin in FY26. Its reported debt-to-equity ratio also remains low.

Tempsens Instruments IPO Valuation

Based on the provided IPO financial information:
 

The promoters Virendra Prakash Rathi, Vinay Rathi and Pratap Singh Talesara are expected to see their combined holding reduce after the IPO.
At the upper price band, the post-IPO P/E is approximately 35.38x based on the provided figures.

What is Tempsens Instruments (India) Ltd.?

Incorporated in 1990, Tempsens Instruments (India) Limited is a thermal engineering company specializing in temperature measurement, electrical heating and specialized cable solutions.

The company designs and manufactures customized products for industrial applications across multiple sectors.

According to the F&S Report, Tempsens was the largest manufacturer of contact and non-contact temperature sensors in India by revenue, with an estimated market share of around 10% in the temperature sensor segment as of March 31, 2025.

Product Portfolio

The company's major product categories include:

Temperature Measurement Solutions

• Thermocouples
• Resistance Temperature Detectors (RTDs)
• Infrared pyrometers
• Online thermal imaging systems
• Furnace monitoring cameras

Industrial Heating Solutions

• Immersion heaters
• Process heaters
• Skid heaters
• Cartridge heaters
• Band heaters
• Tubular heaters
• Flexible heaters

Specialized Cable Solutions

• Low-voltage control and power cables
• Instrumentation cables
• Thermocouple and RTD cables
• Nickel alloy conductors

Tempsens has a diversified product portfolio and caters to several industrial applications through both project-based and MRO-related revenues.

Tempsens Instruments IPO Objectives

The company plans to use the net IPO proceeds mainly for capital expenditure and debt repayment.
 

The fresh issue proceeds will therefore help the company expand its manufacturing capabilities while reducing outstanding borrowings.

Competitive Strengths of Tempsens Instruments

Leading Position in Temperature Sensors

Tempsens is reported as India's largest manufacturer of contact and non-contact temperature sensors by revenue, with an estimated 10% market share in the segment as of March 2025.

Diversified Product Portfolio

The company offers temperature sensors, industrial heating products and specialized cables, reducing dependence on a single product category.

Strong R&D Capabilities

Its research and development infrastructure supports the development of customized and mission-critical industrial solutions.

International Presence

Tempsens has a strong international footprint supported by exports, strategic partnerships and a diversified customer base.

Balanced Revenue Mix

The company generates revenue through both project-based business and maintenance, repair and operations (MRO) activities.

Customized Industrial Solutions

Its ability to design customized products for specialized industrial applications can help strengthen customer relationships and create entry barriers.

Risks Investors Should Consider

OFS-Heavy IPO

A large portion of the IPO comprises an OFS of ₹555 crore, while the fresh issue is only ₹95 crore. Therefore, most of the IPO proceeds will not flow directly into the company's operations.

Customer and Industry Concentration

Demand for temperature measurement and industrial heating products is linked to industrial activity and capital expenditure across sectors.

Raw Material Price Risks

Manufacturing products such as heating systems, sensors and specialized cables may be affected by fluctuations in raw material prices.

Technology Changes

Industrial measurement and heating technologies continue to evolve, requiring ongoing investment in R&D and product development.

International Business Risks

The company's export operations expose it to foreign exchange movements, international trade conditions and geopolitical developments.

Valuation

At the upper price band, the provided post-IPO P/E is around 35.38x. Investors should compare this valuation with the company's growth, margins and listed peers before investing.

Should You Invest in Tempsens Instruments IPO?

Tempsens Instruments operates in a specialized industrial segment with exposure to temperature measurement, industrial heating and specialized cable solutions. Its established market position, diversified product portfolio, international presence and strong margins are key positives.

The company has also demonstrated healthy financial growth, with FY26 revenue of ₹455.86 crore and PAT of ₹71.07 crore. Its EBITDA margin stood at 24.83%, indicating strong operating profitability.

However, investors should note that the IPO is largely an OFS, with ₹555 crore of the ₹650 crore issue coming from existing shareholders. The company's valuation at the upper price band also needs to be assessed carefully.

The current GMP of ₹110 indicates strong grey-market sentiment and an estimated listing price of around ₹410, but GMP is unofficial and can change rapidly.

Investors should consider the company's fundamentals, valuation, IPO structure, industry outlook and risk factors before making an investment decision.

Tempsens Instruments IPO Allotment Status

The tentative allotment date for the Tempsens Instruments IPO is August 25, 2026.

After the allotment is finalized, investors can check their allotment status through the official registrar, KFin Technologies Ltd.

How to Check Tempsens Instruments IPO Allotment Status?

• Visit the KFin Technologies IPO allotment page.
• Select Tempsens Instruments (India) from the issuer list.
• Choose PAN, application number or DP ID/client ID.
• Enter the required details.
• Click on the search option to view your allotment status.
• Investors can also receive allotment and refund updates through their registered bank, broker, email or SMS.

Tempsens Instruments IPO Registrar

Registrar: KFin Technologies Ltd.

The registrar is responsible for processing IPO applications, finalizing the basis of allotment, coordinating refunds and facilitating the credit of shares to successful applicants.

Tempsens Instruments IPO Lead Managers

The book-running lead managers for the IPO are:

• ICICI Securities Ltd.
• JM Financial Ltd.

Tempsens Instruments Company Details

Registered Office:
TF-304, Florence Classic, 10,
Ashapuri Society, Akota,
Vadodara, Gujarat – 390020
Website: Tempsens Instruments
Email: compliance@tempsens.com

Summary

The Tempsens Instruments (India) IPO is a ₹650 crore Mainboard Book Build Issue, comprising a ₹95 crore fresh issue and ₹555 crore OFS. The IPO price band is fixed at ₹285–₹300 per share, with a minimum retail investment of ₹15,000.

The company operates in the specialized thermal engineering industry, providing temperature measurement solutions, industrial heating systems and specialized cables.
Tempsens reported ₹455.86 crore of total income and ₹71.07 crore of PAT in FY26, with an EBITDA margin of 24.83%. Its established market position, diversified portfolio and international presence are key strengths.

As of August 17, 2026, the IPO's GMP stands at ₹110, implying an indicative listing price of ₹410 at the upper price band. However, GMP is unofficial and should not be treated as a guaranteed listing gain.

Investors should evaluate the IPO valuation, large OFS component, financial performance, industry prospects and associated risks before making an investment decision.

Frequently Asked Questions (FAQs)

What is the Tempsens Instruments IPO?

Tempsens Instruments IPO is a Mainboard Book Build IPO worth ₹650 crore, comprising a ₹95 crore fresh issue and ₹555 crore Offer for Sale.

What are the Tempsens Instruments IPO dates?

The IPO will open on August 20, 2026, and close on August 24, 2026.

What is the Tempsens Instruments IPO price band?

The IPO price band is fixed at ₹285 to ₹300 per share.

What is the lot size of Tempsens Instruments IPO?

The minimum lot size is 50 shares, requiring an investment of ₹15,000 at the upper price band.

What is the Tempsens Instruments IPO GMP today?

As of August 17, 2026, the GMP is ₹110, indicating an estimated listing price of ₹410 based on the upper price band.

When will Tempsens Instruments IPO allotment take place?

The tentative allotment date is August 25, 2026.

When will Tempsens Instruments IPO list?

The shares are expected to list on August 28, 2026, on both NSE and BSE.

What is the total issue size of Tempsens Instruments IPO?

The total IPO size is ₹650 crore, including ₹95 crore through a fresh issue and ₹555 crore through OFS.

What does Tempsens Instruments do?

Tempsens Instruments manufactures temperature measurement solutions, industrial heating systems and specialized cable solutions for industrial applications.

How will Tempsens Instruments use the IPO proceeds?

The company plans to use the fresh issue proceeds mainly for ₹18.13 crore of capital expenditure, ₹55 crore for debt repayment and the balance for general corporate purposes.

Sources

• Tempsens Instruments DRHP/RHP
• KFin Technologies Ltd.
• InvestKraft

Disclaimer

This article is intended for informational and educational purposes only and should not be considered financial or investment advice. IPO details, Grey Market Premium (GMP), subscription figures, allotment dates and listing timelines are subject to change. Investors should carefully read the Red Herring Prospectus (RHP), verify the latest information from official sources and consult a qualified financial advisor before making any investment decision. Investments in the stock market are subject to market risks.

Author: Komal Bhatt

Komal Bhatt is a finance content writer at InvestKraft, specialising in well-researched articles on financial products, stock markets, and investment opportunities, with a particular focus on unlisted shares.

She holds a Master’s degree in Commerce from the University of Delhi, which gives her a solid academic foundation in finance and business. With over three years of hands-on experience in creating digital finance content, Komal has developed a clear understanding of investor needs through her work on wealth management, NISM certification programs, and market education materials.

Komal is passionate when it comes to breaking down complex financial concepts into simple, accurate and actionable insights. Her goal is to help everyday investors understand markets better and make more informed decisions based on reliable, research-backed information.