Tempsens Instruments (India) IPO Review 2026: Business, Financials, and Key Considerations
Tempsens Instruments (India) Limited, a Udaipur-rooted thermal engineering company that makes temperature sensors, electrical heating systems and specialised cables, is opening its ₹650 crore initial public offering on August 20, 2026. The issue combines a fresh issue of shares with a larger offer for sale by existing shareholders, and closes on August 24, 2026.
Tempsens Instruments (India) IPO — Quick Overview
| Particular | Details |
|---|---|
| Issue Size | ₹650 crore — 2,16,66,666 shares |
| Fresh Issue | ₹95 crore — 31,66,666 shares |
| Offer for Sale | ₹555 crore — 1,85,00,000 shares |
| Price Band | ₹285 to ₹300 per equity share |
| Face Value | ₹4 per equity share |
| Lot Size | 50 shares |
| Minimum Retail Investment | ₹15,000 (1 lot at the upper price band) |
| Open Date | August 20, 2026 |
| Close Date | August 24, 2026 |
Kfin Technologies Ltd. is the registrar for the issue. ICICI Securities Ltd. and JM Financial Ltd. are the lead managers responsible for running the IPO process. For the complete lot-size table, live subscription tracker and application link, see the Tempsens Instruments (India) IPO page on IPO Ji.
About Tempsens Instruments (India) Limited
Incorporated in 1990, Tempsens Instruments (India) Ltd. is a thermal engineering company and specialised cable manufacturer. It designs and manufactures custom temperature sensing devices, electrical heating systems and specialised cables across three business verticals:
- Temperature Sensing Solutions: thermocouples, resistance temperature detectors, infrared pyrometers, online thermal imagers and furnace monitoring cameras.
- Electrical Heating Solutions: immersion, process, skid, cartridge, band, tubular and flexible heaters.
- Specialised Cables: low voltage control and power wire/cable, instrumentation cable, thermocouple and RTD cable, and nickel alloy conductors.
The company describes itself as the largest manufacturer of contact and non-contact temperature sensors in India by revenue, holding an approximate 10% share of the domestic temperature sensor segment as of March 31, 2025, and as one of the largest manufacturers of electrical heaters in India. Manufacturing is spread across 11 units, of which 8 are located in Udaipur, Rajasthan, and 3 are overseas. The company is promoted by Virendra Prakash Rathi, Vinay Rathi and Pratap Singh Talesara, whose combined holding stands at 80.51% pre-issue and is expected to fall to 65.67% post-issue.
Financial Performance of Tempsens Instruments (India) Limited
Figures below are restated and consolidated, in ₹ crore, for the years ended March 31, 2024, 2025 and 2026:
- Total Income: ₹278.04 crore (FY24) → ₹382.47 crore (FY25) → ₹455.86 crore (FY26)
- Profit After Tax: ₹40.92 crore (FY24) → ₹62.56 crore (FY25) → ₹71.07 crore (FY26)
- Net Worth: ₹180.61 crore (FY24) → ₹430.63 crore (FY25) → ₹496.89 crore (FY26)
- Reserves & Surplus: ₹202.98 crore (FY24) → ₹427.25 crore (FY25) → ₹465.16 crore (FY26)
- Total Assets: ₹271.14 crore (FY24) → ₹551.28 crore (FY25) → ₹661.05 crore (FY26)
- Total Borrowings: ₹30.13 crore (FY24) → ₹71.83 crore (FY25) → ₹77.95 crore (FY26)
Source: RHP financials, as reflected on the IPO Ji detail page
Tempsens Instruments (India) IPO Key Strengths
- Market leadership and high entry barriers: Largest manufacturer of contact and non-contact temperature sensors in India by revenue, and one of the largest manufacturers of electrical heaters in India. Its niche, customised solutions act as an entry barrier for competitors.
- Product diversification: Offers temperature sensing, electrical heating and specialised cable products across 13 product categories through three verticals, serving diverse industries with a mix of project-based and MRO (maintenance, repair and operations) income.
- R&D competencies: In-house R&D capabilities support the development of customised, specialised solutions for varied industrial requirements.
Tempsens Instruments (India) IPO Key Risks
- Raw material supply and price risk: The company depends on raw materials such as copper, aluminium, stainless steel, nickel alloy, platinum and rhodium. Volatility, price increases, shortages or delays in supply could adversely affect operations.
- Supplier concentration: The company depends on a limited number of suppliers without binding long-term supply contracts, which could disrupt input supply.
- Manufacturing concentration: Of the company's 11 manufacturing units, 8 are located in Udaipur, Rajasthan, with 3 overseas. Any infrastructure or operational disruption at these units, particularly the Udaipur cluster, could affect the business.
Tempsens Instruments (India) IPO Review 2026
Tempsens Instruments has built a specialised, three-decade-old manufacturing business around temperature sensing, electrical heating and cables — a niche where it describes itself as India's revenue leader in contact and non-contact temperature sensors. Revenue and profit after tax have both grown each year from FY24 through FY26, and net worth has nearly tripled over the same period on the back of retained earnings. The issue itself is weighted toward an offer for sale (₹555 crore of the ₹650 crore total), meaning the bulk of the money raised goes to selling shareholders rather than into the business, while the smaller ₹95 crore fresh issue is earmarked for capex, debt repayment and general corporate purposes. Manufacturing remains concentrated, with 8 of 11 units in Udaipur, and the company flags raw-material and supplier concentration as ongoing risks.
This is a summary of what the company and its RHP have disclosed — it is not a recommendation to apply for or avoid the issue. Investors should review the complete RHP, financials and risk factors before making any decision.
How to Apply for Tempsens Instruments (India) IPO on IPO Ji
- Open the IPO Ji App (Play Store/App Store) or visit ipoji.com.
- Search for Tempsens Instruments (India) IPO.
- Review the price band, lot size and dates on the IPO detail page.
- Select your Demat account and enter the number of lots.
- Submit using your registered UPI ID and approve the mandate before the deadline.
The application amount stays blocked in your account and is debited only on allotment. ASBA via net banking or a supported broker also works. Compare supported brokers on the IPO Ji broker directory.
FAQs on Tempsens Instruments (India) IPO
What is Tempsens Instruments (India) IPO?
Tempsens Instruments (India) IPO is a book-built issue worth ₹650 crore, combining a ₹95 crore fresh issue with a ₹555 crore offer for sale. The price band is ₹285 to ₹300 per share. The IPO opens on August 20, 2026, and closes on August 24, 2026, with listing proposed on BSE and NSE.
What is the price band of Tempsens Instruments (India) IPO?
The price band is ₹285 to ₹300 per equity share, with a face value of ₹4 per share.
What is the lot size of Tempsens Instruments (India) IPO?
The lot size is 50 shares. One lot at the upper price band costs ₹15,000.
When does Tempsens Instruments (India) IPO open and close?
The IPO opens on August 20, 2026, and closes on August 24, 2026.
What is the allotment and listing date of Tempsens Instruments (India) IPO?
Allotment is expected to be finalised on August 25, 2026, with listing tentatively scheduled for August 27, 2026, on BSE and NSE.
What is the Tempsens Instruments (India) IPO GMP?
Check the live Tempsens Instruments IPO GMP page on IPO Ji for the latest figure.
What is the P/E ratio and valuation of Tempsens Instruments (India) IPO?
IPO Ji's valuation snapshot lists RoNW at 13.55%, ROE at 13.54%, ROCE at 21.61%, Debt/Equity at 0.15 and market capitalisation at ₹2,514.98 crore at the upper price band. Post-issue P/E and EPS are not available on the live detail page as of this writing.
What does Tempsens Instruments (India) Limited do?
Tempsens Instruments designs and manufactures temperature sensing solutions including thermocouples, RTDs, infrared pyrometers and thermal imagers, along with electrical heating solutions and specialised cables, serving industrial customers from a manufacturing base centred in Udaipur, Rajasthan.
Who are the promoters of Tempsens Instruments (India)?
The promoters are Virendra Prakash Rathi, Vinay Rathi and Pratap Singh Talesara, holding 80.51% pre-issue, expected to fall to 65.67% post-issue.
How will the Tempsens Instruments (India) IPO proceeds be used?
The fresh issue proceeds are earmarked for capital expenditure in electrical heating and specialised cable solutions, prepayment or repayment of certain outstanding borrowings, and general corporate purposes. The offer for sale portion goes to the selling shareholders, not to the company.
Who is the registrar and who are the lead managers for Tempsens Instruments (India) IPO?
Kfin Technologies Ltd. is the registrar. ICICI Securities Ltd. and JM Financial Ltd. are the lead managers.
Where can I check the live subscription status of Tempsens Instruments (India) IPO?
Live QIB, NII and retail bidding data can be tracked on the Tempsens Instruments IPO subscription status page on IPO Ji once bidding opens.
How can I apply for Tempsens Instruments (India) IPO?
Open the IPO Ji app or website, select Tempsens Instruments (India) IPO, choose your Demat account, enter the number of lots, and submit using your registered UPI ID. ASBA through supported banks or brokers also works.
How do I check my Tempsens Instruments (India) IPO allotment status?
Once allotment is finalised, check status via the Tempsens Instruments IPO allotment status page on IPO Ji , the Kfin Technologies registrar portal, or the BSE/NSE websites using your PAN or application number.
No financial information published here should be considered advice to buy or sell securities or invest in IPOs. All content is for educational and informational purposes only.
