Tempsens Instruments India has fixed the price band for its initial public offering (IPO) in the range Rs 285-Rs 300 per share. The public issue will open for subscription on Thursday, August 20 and close on Monday, August 24.
The company is part of the Pyrotech Group and specialises in temperature measurement and thermal engineering solutions.
Tempsens Instruments (India) IPO is structured as a book-built issue, comprising a fresh issue worth Rs 118 crore and an offer for sale (OFS) of up to 1.79 crore equity shares.
The company plans to list its equity shares on both the NSE and BSE. ICICI Securities has been appointed as the Book Running Lead Manager, while Kfin Technologies will serve as the registrar for the issue.
