Tempsens Instruments (India) IPO
- 1 day ago
- 2 min read
About the Company:
Tempsens Instruments (India) Limited is a thermal engineering and specialised cable solutions company engaged in the design, manufacturing and supply of customised products for temperature sensing, electrical heating and specialised cable applications.
The company operates across three key business verticals:
Temperature Sensing: Thermocouples, RTDs, infrared pyrometers and other temperature measurement solutions.
Electrical Heating: Industrial heaters, furnaces and customised thermal engineering solutions.
Specialised Cables: Power, control and instrumentation cables designed for specific industrial applications.
The company follows a customised, make-to-order business model and serves industries such as steel, petrochemicals, glass, power and other industrial sectors. Its backward-integrated manufacturing capabilities provide greater control over the production process, from alloy melting and component manufacturing to final testing and calibration.
Tempsens also has a growing international presence, with products exported to more than 70 countries, providing a diversified mix of domestic and export revenue. Financial Snapshot:
Tempsens has demonstrated consistent growth in its financial performance over the last three financial years:
FY24: Revenue of ₹275 Cr, Profit of ₹41.01 Cr and Debt of ₹30.13 Cr.
FY25: Revenue increased to ₹379 Cr, while Profit grew to ₹60.57 Cr. Debt stood at ₹71.83 Cr.
FY26: Revenue further increased to ₹445 Cr, with Profit reaching ₹67.35 Cr. Debt stood at ₹77.95 Cr.
The company has delivered healthy growth in both revenue and profitability. However, the increase in debt levels is an important factor for investors to monitor. Valuation Snapshot:
P/E Ratio: 35.39x
P/B Ratio: 5.06x
Sector P/E: 32.09x
Sector P/B: 3.48x
Market Capitalisation: Approximately ₹2,514 Cr
The IPO is valued at a slight premium compared to the sector on a P/E basis, while the P/B valuation is relatively higher. Objects of the Issue:
The proceeds from the IPO will be utilised for:
Capital expenditure for expanding the electrical heating and specialised cable solutions business.
Repayment or prepayment of certain outstanding borrowings.
General corporate purposes.
Tempsens Instruments IPO Details
IPO Date: 20–24 Aug 2026
Price Band: ₹285–₹300 per share
Lot Size: 50 shares
IPO Size: ₹650 Cr
Listing Date: 28 Aug 2026
GMP: Around 90%
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