The stock listed at ₹634 on the NSE, marking a 111.33% premium over its issue price of ₹300. On the BSE, it debuted at ₹631.20, translating into a 110.40% premium.
The Rajasthan-based manufacturer of contact and non-contact temperature sensors had received strong investor interest during its IPO, which was open for subscription from August 20 to August 24.
Tempsens Instruments had fixed the IPO price band at ₹285-300 per share and raised around ₹650 crore through the issue. The offering comprised a fresh issue of ₹95 crore and an offer for sale (OFS) of 1.85 crore shares worth ₹555 crore by existing shareholders, including Amit Talesara, Puneet Talesara and Chandra Prakash Talesara.
The issue had also generated strong interest in the grey market ahead of its opening, with the GMP rising to around 110%.
Ahead of the IPO, the company raised ₹194.5 crore from anchor investors on August 19. It allotted 64.84 lakh equity shares to 29 anchor investors, including Aranda Investments, owned by Singapore’s Temasek Holdings, Goldman Sachs and Prashant Khemka’s Ashoka WhiteOak ICAV – Ashoka WhiteOak Emerging Markets Equity Fund.
How will Tempsens use the IPO proceeds?
Of the ₹95 crore fresh issue, the company plans to deploy ₹18 crore towards capital expenditure for its electrical heating solutions and specialised cable solutions.
Another ₹55 crore will be used for prepayment or scheduled repayment of outstanding borrowings, while the remaining funds will be utilised for general corporate purposes.About Tempsens Instruments
Tempsens Instruments (India) is an industrial engineering and instrumentation company that manufactures temperature sensing solutions, electrical heating systems and specialised cables for critical industrial applications.
Established in 1990, the company caters to customers across industries including metals and steel, petrochemicals, power, defence and nuclear, glass, plastics, automotive, pharmaceuticals and manufacturing.
Its three key business verticals – Temperature Sensing Solutions, Specialised Cables and Electrical Heating Solutions – contributed 44.6%, 34.7% and 20.7%, respectively, to FY26 revenue, excluding other operating revenue.
The company has an international presence through manufacturing facilities, subsidiaries and joint ventures across India, the UAE, Germany, Poland, Indonesia and South Korea.
Tempsens Instruments reported revenue from operations of ₹444.8 crore in FY26, up from ₹274.8 crore in FY24. Net profit increased to ₹71 crore from ₹40.9 crore over the same period.
