Tempsens Instruments (India)
OPENIPO Date: 20 Aug - 24 Aug 2026
Listing Date: 28 Aug 2026
Price Range
₹285 to ₹300
Issue Size
650 Cr
Min Investment
₹14,250
Lot Size
50 Shares
Schedule of Tempsens Instruments (India)
Issue open date
20 Aug 2026
Issue close date
24 Aug 2026
UPI mandate deadline
24 Aug 2026 (5 PM)
Allotment finalization
25 Aug 2026
Share credit
27 Aug 2026
Listing date
28 Aug 2026
Mandate end date
8 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 650 Cr |
| Fresh Issue | 0.32 Cr |
| Offer for Sale | 1.85 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 25 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 20 Aug 2026 | ₹300 | ₹259 | ₹559 (86.33%) |
| 19 Aug 2026 | ₹300 | ₹220 | ₹520 (73.33%) |
| 18 Aug 2026 | ₹300 | ₹172 | ₹472 (57.33%) |
| 17 Aug 2026 | ₹300 | ₹154 | ₹454 (51.33%) |
| 16 Aug 2026 | ₹300 | ₹0 | ₹300 (0%) |
| 15 Aug 2026 | ₹300 | ₹0 | ₹300 (0%) |
Performance Tempsens Instruments (India)
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹285 to ₹300 | .... | .... | .... |
About Tempsens Instruments (India)
Tempsens Instruments (India) Limited is a thermal engineering and specialised cable manufacturer offering customised solutions for industrial applications. Its business is divided into three key verticals: temperature sensing, electrical heating, and specialised cables. Its products include thermocouples, RTDs, pyrometers, industrial heaters, furnaces, and power, control and instrumentation cables. The company operates a backward-integrated manufacturing model, controlling processes from alloy melting and wire drawing to fabrication, assembly and calibration. It serves industries such as steel, petrochemicals, glass, cement and power, with products supplied across 70+ countries.
| Founded in | 1990 |
| Managing director | Virendra Prakash Rathi |
| Parent organization | Pyrotech Group |
Financial Overview
Strengths
- Niche, specialised business: Thermal sensing, electrical heating and specialised cables require technical expertise and offer higher entry barriers than standard manufacturing.
- Backward integration: In-house control from alloy manufacturing to final calibration helps the company maintain quality and customise products.
- Strong export presence: Products are supplied to 70+ countries, reducing dependence on only the Indian market.
- Diversified product/application base: Serves demanding industries including steel, petrochemicals, glass, cement, power and other industrial sectors.
Risks
- Industry concentration: A significant portion of revenue is linked to metal and petrochemical industries, making performance sensitive to capex cycles in these sectors.
- Customer/project dependence: Its customised, make-to-order model can result in uneven order flows and project-based revenue.
- Export exposure: International sales create exposure to foreign-exchange movements, overseas economic conditions and geopolitical/trade risks.
- Valuation risk: With its IPO priced at ₹300/share and the company seeking to raise up to ₹650 crore, investors need to assess whether the valuation adequately reflects the company's growth potential and risks.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.05 |
| Non-Institutional Investors (NIIs) | 12.51 |
| Retail Individual Investors (RIIs) | 6.48 |
| Employee | 9.43 |
| Total | 5.95 |