Tempsens Instruments shares make blockbuster debut, list at 111% premium

Shares of Tempsens Instruments made a stellar debut on Friday, listing with massive 111% premium over IPO price. The stock opened at Rs 631.20 and Rs 634 on the BSE & NSE, respectively, as compared to its issue price of Rs 300.

The Rs 650-crore public issue was priced at Rs 300 per share and comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) worth Rs 555 crore. Ahead of the IPO, the company also raised Rs 194.54 crore from anchor investors.

The IPO was open for subscription from August 20 to August 24 and received an overwhelming response across investor categories. The issue was subscribed 184.07 times overall. The retail portion was subscribed 60.69 times, while qualified institutional buyers (QIBs) subscribed 302.88 times. The non-institutional investor (NII) segment witnessed even stronger demand, with the portion subscribed 314.44 times.


Tempsens Instruments specialises in thermal engineering products and specialised cables. Through the public issue, the company raised Rs 650 crore, comprising a fresh issue of 32 lakh shares worth Rs 95 crore and an OFS of 1.85 crore shares amounting to Rs 555 crore.

ICICI Securities Ltd served as the book-running lead manager for the IPO, while KFin Technologies Ltd acted as the registrar to the issue.

Tempsens Instruments (India) raised Rs 194.54 crore from 29 anchor investors ahead of its IPO, which opened for public subscription on Thursday, August 20, 2026. According to the company’s stock exchange filing, Tempsens Instruments allotted 64,84,999 equity shares to anchor investors at Rs 300 per share.

Objects of the Issue

Tempsens Instruments plans to use the Rs 73.13 crore in net proceeds from the fresh issue to support its growth plans and strengthen its financial position. Of this amount, Rs 18.13 crore will be allocated towards capital expenditure for its electrical heating and specialised cable solutions businesses, while Rs 55 crore will be used for the prepayment or scheduled repayment of certain outstanding borrowings.

The remaining proceeds will be used for general corporate purposes, giving the company flexibility to meet its broader business requirements. Overall, the funds are expected to help the company expand its operational capabilities while also reducing its debt burden.

Financial Performance

Tempsens Instruments (India) delivered a strong financial performance in FY26, continuing the growth momentum seen in the previous year. The company’s total income increased to Rs 455.86 crore in FY26 from Rs 382.47 crore in FY25, representing a 19% year-on-year growth.

The growth in revenue also translated into improved profitability. The company’s Profit After Tax (PAT) rose to Rs 71.07 crore in FY26 from Rs 62.56 crore in FY25, registering a 14% year-on-year increase.

About Tempsens Instruments (India)

Incorporated in 1990, Tempsens Instruments (India) Limited is a thermal engineering and specialised cable manufacturer focused on designing and manufacturing customised temperature-sensing solutions, electrical heating solutions and specialised cables. Its product portfolio spans temperature sensors, electrical heating systems and specialised cables, catering to a wide range of industrial applications.

The company is among the manufacturers of both contact and non-contact temperature sensors in India by revenue, with an estimated market share of around 10.5% in the temperature sensor segment for the year ended March 31, 2026.

Between April 1, 2023 and March 31, 2026, Tempsens Instruments served more than 1,000 unique customers. The company also has a strong international footprint, exporting its products to more than 80 countries, including the UAE, Germany and Poland. Its global presence spans markets across Asia Pacific, Africa and the Middle East, North Africa, Europe, and North and South America.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)