Tempsens Instruments India IPO
Day 1 of 5 of bidding · Aug 20, 2026
Tempsens Instruments India IPO is on Day 1 of 5 of its subscription window. The latest grey market premium is Rs 230 (76.7% over issue price), up Rs 10 from previous. Total subscription stands at 2.01x (QIB 0.01x, NII 3.62x, Retail 2.45x). Bidding closes on Aug 24, 2026 (in 4 days).
Last updated:Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Allotment Chances
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 278.04 | 382.47 | 455.86 |
| Expense | 227.12 | 302.30 | 364.04 |
| Profit (PAT) | 40.92 | 62.56 | 71.07 |
| Total Assets | 271.14 | 551.28 | 661.05 |
Promoters: Virendra Prakash Rathi, Vinay Rathi and Pratap Singh Talesara
Strengths & Risks
- Strong grey-market premium — +77% over the issue price.
- Grey-market premium is trending up during the bidding window.
- Revenue grew 19% in the latest reported year.
- Solid profit margin — 15.6%.
- Low leverage — debt/equity of 0.15.
- Largely an offer for sale — most proceeds go to selling shareholders, not the company.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Tempsens Instruments (India) Limited, founded in 1990, is one of the leading manufacturers of thermal engineering and specialised cables. Its product portfolio includes temperature sensing solutions, electrical heating solutions, and specialized cables. Its products are used in a diverse range of industries, including steel, cement, petrochemicals, power generation, automotive, and glass. Tempsens, with its subsidiaries and joint ventures, offers thermal engineering solutions with its manufacturing facility situated in India, Indonesia, the UAE, Poland, Germany, and South Korea. The firm has years of experience in handling complex and critical industrial needs, building strong customer relationships and growing a global presence through its diverse customer base. From FY23 to FY26, the firm has served over 1000 unique customers and has supplied its products to more than 80 countries, including the United Arab Emirates, Germany, and Poland.
| Purpose | Amount (Cr) |
|---|---|
| Funding certain capital expenditure of the Company towards the (i) electrical heating solutions (ii) specialized cable solutions | 18.13 |
| Pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company | 55.00 |
| General Corporate Purposes | - |
Resources & Documents
Tempsens Instruments (India) Ltd., TF-304,, Florence Classic, 10,, Ashapuri Society, Akota,, Vadodara, Gujarat, 390020
Tempsens Instruments India has set a price band of Rs 285–Rs 300 per share for an issue size of Rs 650 crore. The Mainboard issue is currently open for subscription and closes in 4 days on August 24, 2026.
Tempsens Instruments (India) Limited, founded in 1990, is one of the leading manufacturers of thermal engineering and specialised cables. Its product portfolio includes temperature sensing solutions, electrical heating solutions, and specialized cables.
The issue is promoted by Virendra Prakash Rathi, Vinay Rathi and Pratap Singh Talesara with ICICI Securities Ltd., JM Financial Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding certain capital expenditure of the Company towards the (i) electrical heating solutions (ii) specialized cable s… (Rs 18 crore) and Pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company (Rs 55 crore).
Grey market is quoting a premium of +Rs 230 (+76.7% over issue price), up Rs 165 from the previous session. Live demand data shows overall subscription at 2.01x, retail at 2.45x, QIB at 0.01x, NII at 3.62x.
On fundamentals, the company is posting revenue growth of 19.2%, a profit margin of 15.6%, return on equity of 13.5% in its most recent reported period.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Tempsens Instruments India IPO GMP — What It Means
The latest grey market premium for Tempsens Instruments India IPO is ₹230 (+76.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Tempsens Instruments India it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Tempsens Instruments India GMP history and trend, or learn how grey market premium works and how reliable it is.
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