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Tempsens Instruments (India) IPO
213.92xsubscribed

Tempsens Instruments (India) IPO

Engineering - Industrial Equipments
listed
₹14,250Min. investment

Tempsens Instruments (India) Limited IPO Details

SectorEngineering - Industrial Equipments
Price range₹285 – ₹300
IPO type
Regular
Lot size50 shares
Issue size₹650Cr
Red Herring Prospectus
Read
Market cap
₹2,514CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹444.87CrLower than sector avg
Growth rate3Y CAGR
27.23%Higher than sector avg

Tempsens Instruments (India) IPO Subscription Status

Date
QIB
NII
Retail
Total
20-Aug-26
0.03 times (X)
24.89 times (X)
3.8 times (X)
4.31 times (X)
21-Aug-26
1.2X
109.77X
11.06X
16.01X
24-Aug-26
231.74X
935.84X
59.98X
213.92X

As on 20-Aug-26, 5:30 PM

Tempsens Instruments (India) IPO Timeline

  1. Pre-apply
    18 Aug 2026
  2. Bid start
    20 Aug 2026
  3. Bid end
    24 Aug 2026
  4. Allotment
    25 Aug 2026
  5. Release of funds
    27 Aug 2026
  6. Demat transfer
    27 Aug 2026
  7. Listing
    28 Aug 2026

About Tempsens Instruments (India) Limited

Tempsens Instruments (India) is a thermal engineering solution provider and specialised cable manufacturer providing custom-designed and manufactured solutions in temperature sensing, electrical heating, and specialised cables through a blend of technical know-how and customer relationships.
The company is the largest temperature sensor manufacturer, by revenues, as of March 31, 2026, in India for contact and non-contact temperature sensors, with about 10.5% of the total market and the sole Indian manufacturer for non-contact temperature sensors with about a 21.3% share of that sub-market.
The three key verticals of the company include temperature sensing solutions, electrical heating solutions, and specialised cables. Temperature-sensing solutions have contributed ~44.5% of revenue from operations in FY26, while electrical heating solutions and specialised cables accounted for 20.7% and 34.7% of revenue. It must be noted that the contribution of electrical heating solutions has increased sharply from 3.90% in FY24 to 20.70% in FY26.
The revenues are divided into projects/OEM business and MRO/renewal business. Projects/OEM business accounted for 67.5% of the revenue, and MRO/renewal accounted for 32.4% of the revenue, creating a combination of growth and recurring revenue. The revenues are diversified across various end-user industries, which include metals, petrochemicals, defence and nuclear, power, and glass; none of the industries accounts for more than 22% of the revenues in FY26. Cross-sales revenues, which refer to the revenues from customers purchasing multiple product verticals, increased from 57.6% of the revenue in FY24 to 59.9% in FY26
In the period April 2023 to March 2026, more than 1,000 new customers were added while the total number of customers increased from more than 2,600 to more than 3,800 between FY24 and FY26. Customer concentration is falling, where the top 10 customers represented 24.7% of revenues in FY24, which has now fallen to 18.5% in FY26. The long association with a major Indian PSU, established in 2004, serves as a good example of the company’s cross-selling capability.
The firm exports to more than 80 nations from April 2023 to March 2026, and export revenue has exhibited a CAGR of 46.4% from FY24 to FY26. The foreign revenue has risen from ₹58.6 crore in FY24 to ₹125.8 crore in FY26. The firm has 15 factories around the world, which include 10 in Udaipur, India, and five abroad in the UAE, South Korea, Indonesia, Germany, and Poland, and has a network of 28 distributors. The Indian factories of the firm are backwardly integrated in terms of alloy melting, hot rolling, wire drawing, mineral insulated cable manufacturing, machining, and calibration. The firm has ASME U-Stamp certification for its pressure vessels and runs an NABL-accredited calibration facility at Udaipur. The products have various certifications such as UL, CE, ATEX, IECEx, PESO, BIS, and ETL, among others.
The company works in three tightly interconnected industrial segments, namely temperature sensors and allied products, specialised cables, and heating solutions, each of which benefits from powerful structural tailwinds in India. The Indian market for temperature sensors and allied products will be worth around ₹1,880 crore in FY26 and increase to ₹2,880 crore in FY31E, exhibiting 8.9% CAGR, whereas the market for specialised cables will grow even more quickly, from ₹12,80,000 crore in FY26 to ₹27,25,000 crore in FY31 (16.3% CAGR).
The electrifiable heating solutions market in India, although relatively small (₹1,725 crore in FY26), demonstrates an impressive 13.9% CAGR due to requirements for industrial decarbonisation and electrification. Growth of all three segments will be driven by the constant growth in capital expenditure on the core industries, such as steel, chemicals, power, and oil & gas, coupled with increasing demand in the emerging industries, such as EVs, semiconductors, pharmaceuticals, and green hydrogen, as well as government initiatives, such as Make in India, PLI schemes, and National Manufacturing Mission.
It will be strategically advantageous for the company to exploit these positive industry dynamics, considering that it holds a dominant position, being the leading producer of contact and non-contact temperature sensors (in terms of sales) as of March 31, 2026, in India along with the only producer of fibre optic temperature sensors, non-contact sensors, and pyrometers domestically, hence helping to reduce its historical dependence on imports. Backward integration capabilities of the company into the production of thermocouples, cables, and electric heaters at the company's Udaipur plant, a unique capability in India, will ensure smooth supply chain management, quicker turnover, and better quality control for the company, thus ensuring the competitive advantage of the company as it expands capital expenditure in end-user industries, including steel, EVs, semiconductors, and green hydrogen.
Additionally, Tempsens would be poised to benefit from the overall industry trend of switching to Indian companies from global brands, with the market share of Indian brands increasing from 15% to 31% over the last five to seven years along with increased replacement demand, export volumes (nearly 37.4% of FY26 sales) and global presence of the company through its joint ventures in Indonesia, the UAE and South Korea.
Now, Tempsens Instruments (India) Ltd is launching its initial public offering (IPO), which consists of a fresh issue of ₹95 crore and an offer for sale of ₹555 crore. The total issue size of the IPO is ₹650 crore. Its shares will be listed on the NSE and BSE.

How to pre-apply for Tempsens Instruments (India) IPO?

You can pre-apply for Tempsens Instruments (India) IPO on Upstox. The pre-application for this IPO, which means the pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
  • Login to your Upstox account, using your six-digit PIN
  • After successfully logging in, click on ‘Discover’
  • On the Discover tab, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, look for the ‘Tempsens Instruments (India) IPO’ tab and click on it
  • Now fill in all the required information, like ‘bid price’ and ‘lot size’
  • Confirm and click on ‘Pre-Apply’
  • Accept the mandate on your UPI app

How to apply for Tempsens Instruments (India) IPO?

If you are interested in this investment opportunity but unsure how to apply for Tempsens Instruments (India) IPO, here are the steps that you need to follow.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for Tempsens Instruments (India) IPO on Upstox:
  • Log in to your Upstox account, using your six-digit PIN
  • After logging in, click on ‘Discover’
  • On the ‘Discover’ tab, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, look for the ‘Tempsens Instruments (India) IPO’ tab and click on it
  • Now fill in all the required information, like ‘bid price’ and ‘lot size’
  • Confirm and click on ‘Apply’
  • Accept the mandate on your UPI app

How to check allotment status for Tempsens Instruments (India) IPO?

When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally completed on the next working day after an IPO closes.
Here’s a step-by-step guide on how to check the Tempsens Instruments (India) IPO allotment status:
  • Login to your Upstox account, using your six-digit PIN
  • After logging in, click on ‘Discover’
  • On the ‘Discover’ page, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, you will find the ‘View all’ option
  • Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
  • In the ‘IPO’ tab, click on ‘My applications’
  • In ‘My applications’, under the History section, your Tempsens Instruments (India) IPO allotment status will be mentioned

Tempsens Instruments India Limited IPO Analysis

IPO REVIEW

Tempsens Instruments (India) IPO | Analysis Video

Should you apply?

Watch our analysts break down the Tempsens Instruments India Limited IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Strength and Weakness

Market leadership

Being the market leader in the temperature sensing market in India, the company benefits from having a significant 21.3% market share in the smaller, specialised non-contact temperature sensing products and enjoys pricing power.

Product diversification

The near doubling of the number of categories in the products offered over FY20, combined with a project-to-MRO ratio of 67:33, makes for an optimal combination that offers both growth opportunities and recurring revenue.

Research & development-driven product innovations

With an R&D team of 83 people that works on the customisation of the products, the company has developed a significant patent portfolio. Fibre optic sensors, aerospace cables and space heaters have been the latest innovations that have taken the company to higher value segments such as aerospace and defence.

International operations

The firm has increased its international footprint by establishing subsidiaries in the UAE, Germany, and Poland and forming joint ventures in Indonesia and South Korea, shipping to over 80 countries from FY24 to FY26.

Integrated manufacturing

Full backward integration and multiple layers of quality control are important for the ability to penetrate into higher-value and regulated end markets like oil & gas and semiconductors.

Objectives of Tempsens Instruments India Limited IPO

Repayment of debt
57.80%
The company will use ₹55 crore for repayment of certain borrowings availed by the company.
General corporate purposes
23.10%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses.
Capital expenditure
19.10%
₹18.13 crore capex will fund electrical heating and specialised cable solutions.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹444.87Cr27.23%₹71.06Cr₹2,514Cr35.930.15
This sector (avg.)₹647.31Cr0.01%₹65.29Cr₹4,503.95Cr36.480.51
₹23,768.75Cr---₹5,287.15Cr₹3,28,209.1Cr55.020
₹28,339.48Cr---₹533.9Cr₹91,473.81Cr99.560.36
₹4,287.44Cr---₹1,060.07Cr₹37,225.5Cr32.030.07

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Tempsens Instruments (India) IPO Contact Details

Company NameTempsens Instruments (India) Limited

How to apply for Tempsens Instruments (India) IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Tempsens Instruments India Limited IPO FAQs

Investors can apply for the Tempsens Instruments (India) IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Tempsens Instruments (India) IPO is 650 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Tempsens Instruments (India) IPO will be open between 2026-08-20 and 2026-08-24.
Tempsens Instruments (India) IPO allotment date is 2026-08-27. For Tempsens Instruments (India) IPO allotment status check, you can visit the website of the registrar of the IPO.
For Tempsens Instruments (India) IPO, the IPO registrar is KFin Technologies Limited. You can check Tempsens Instruments (India) IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Tempsens Instruments (India) IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Tempsens Instruments (India) IPO lot size is 50 and minimum order quantity is 50.
Tempsens Instruments (India) IPO has set the price band for its IPO at 300 per equity share with a face value of 4.