₹650 crore IPO debuted with biggest listing gain
Udaipur, 28 August 2026
Tempsens Instruments (India) Limited, a thermal engineering and specialised cable manufacturer engaged in temperature sensing solutions, electrical heating solutions and specialised cables, marked a significant milestone with the listing of its equity shares on the National Stock Exchange of India Limited (NSE) and BSE Limited.
The Company’s ₹650 crore Initial Public Offering, which opened on 20 August 2026 and closed on 24 August 2026, received a strong response across investor categories and was subscribed 184.07 times overall. Qualified Institutional Buyers subscribed 302.88 times, Non-Institutional Investors 314.44 times and Retail Individual Investors 60.69 times.
The equity shares commenced trading on 28 August 2026, with an issue price of ₹300 per equity share. The shares listed at ₹634 on NSE and ₹631.20 on BSE.
The public issue comprised a Fresh Issue of equity shares aggregating to ₹95 crore and an Offer for Sale aggregating to ₹555 crore.
A Significant Milestone in Tempsens’ Growth Journey
Established in 1990, Tempsens has developed from a temperature-sensing company into an integrated thermal engineering and specialised cable solutions provider serving customers across industrial sectors.
The product portfolio includes contact and non-contact temperature sensing solutions, electrical heating solutions, specialised cables, and process measurement instruments supported by application engineering, manufacturing and technical capabilities.
The successful listing represents an important step in Tempsens’ evolution as the Company enters the next phase of its growth journey.
Strengthening Capabilities for Future Growth
The net proceeds from the fresh issue are intended to support, among other purposes:
- Capital expenditure for electrical heating solutions and specialised cable solutions
- Pre-payment or scheduled repayment of certain outstanding borrowings
- General corporate purposes
These investments are expected to support the Company’s focus on strengthening manufacturing capabilities and building capacity for future opportunities.
“Listing on the NSE and BSE marks an important milestone in the journey of Tempsens. We are grateful for the trust placed in us by our investors and for the continued support of our customers, employees, partners and stakeholders. This milestone reflects the collective efforts of everyone who has contributed to the growth of Tempsens over the years.”
—Mr.Vinay Rathi – Managing Director, Tempsens Instruments (India) Limited
Looking Ahead
As a listed company, Tempsens intends to build on its established position across thermal engineering and specialised cable solutions while expanding its presence across domestic and international markets.
The Company’s focus will remain on application-driven engineering, product development, manufacturing excellence, quality, customer service and sustainable long-term growth.
