Tempsens Instruments (India) Limited IPO — Subscription & GMP
- Price band
- ₹285 – ₹300
- Lot size
- 50
- Issue size
- ₹455.45 Cr
- Bidding
- 20 Aug 2026 → 24 Aug 2026
- Allotment
- —
- Listing
- 28 Aug 2026
Listing outcome
Official exchange pricesGMP was out by 13.0 percentage points in the buyer’s favour — it implied +98.33% and the issue listed +111.33%. Counted in our running GMP accuracy record.
Schedule
- 20 Aug 2026IPO open date
- 24 Aug 2026IPO close date
- 25 Aug 2026Allotment date†
- 25 Aug 2026Funds unblock or debit†
- 28 Aug 2026Tentative listing date
† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.
Fundamentals
The business, its valuation and returnsBusiness Model of Tempsens Instruments (India) Limited
Tempsens Instruments (India) Limited operates as a global B2B provider of thermal engineering solutions and specialised cables, catering to highly critical and complex industrial applications.
- Core Offerings: The company's operations are divided into three key verticals: temperature sensing solutions (including thermocouples, RTDs, and infrared pyrometers), electrical heating solutions (such as process heaters, heating mats, and industrial furnaces), and specialised cables (including LV power and instrumentation cables).
- Manufacturing Capabilities: A major strategic advantage is its backward-integrated manufacturing setup in India, where it manages the entire value chain—from alloy melting and wire drawing to fabrication, assembly, and calibration—reducing reliance on external suppliers. It also maintains a global manufacturing footprint with facilities in India, Indonesia, the UAE, Poland, Germany, and South Korea.
- Target Markets: Tempsens serves a highly diverse end-user base operating in harsh or critical environments. Key industries include steel, petrochemicals, power, defense, aerospace, cement, and pharmaceuticals, alongside emerging sectors like green energy and EV battery storage.
- Revenue Generation: The company generates its income through the direct sale of these highly customized engineered products. By deeply integrating with its customers' processes to solve critical technical challenges, the business model ensures high client retention, repeat orders, and significant entry barriers for new competitors.
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS | ₹8.35 | — |
| P/E ratio | 35.93× | — |
| NAV per share | ₹61.66 | — |
Promoter holding pre/post issue is in the offer document but we do not yet extract it. Left blank rather than estimated.
Read from the company’s offer document filed with SEBI. Figures are the latest reported financial year, as restated in that filing.
Figures are as reported and not independently audited, and are read 45 d ago.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from NSE · fetched 850 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers(QIBs) | 43.23 L | 99.52 Cr | 230.19× |
| 1(a)Foreign Institutional Investors(FIIs) | — | 18.11 Cr | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 45.66 Cr | — |
| 1(c)Mutual funds | — | 5.14 Cr | — |
| 2Non Institutional Investors | 32.42 L | 73.46 Cr | 226.54× |
| 2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 21.62 L | 55.05 Cr | 254.68× |
| 2.1(c)Others | — | 2.77 Cr | — |
| 2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 10.81 L | 18.40 Cr | 170.26× |
| 2.2(a)Corporates | — | 5.16 L | — |
| 2.2(b)Individuals(Other than RIIs) | — | 17.55 Cr | — |
| 3Retail Individual Investors(RIIs) | 75.66 L | 25.28 Cr | 33.41× |
| 3(a)Cut Off | — | 21.33 Cr | — |
| 3(b)Price bids | — | 3.95 Cr | — |
| 4Employees | 50,000 | 38.86 L | 77.73× |
| 4(b)Price Bids | — | 7.93 L | — |
| Total | 1.52 Cr | 198.65 Cr | 130.85× |
Source: NSE issue information · BSE public issue
Demand curve
Shares bid at each price point · BSE₹285 → ₹300 · peak 280.81 Cr shares bid
Anchor investors
From NSE's anchor allocation filingAnchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.
Anchor allocation report (NSE)
The allocation table for this issue could not be read reliably from the filing, so nothing is reproduced here.
Equity split
Fresh equity vs offer for sale- Fresh equity
- ₹95.00 Cr 14.6%
- Offer for sale
- ₹555.00 Cr 85.4%
- Total issue size
- ₹650.00 Cr
Read from the issue size stated in NSE's filing. The filing quotes the offer for sale as 1.85 Cr shares rather than a rupee amount, so it is valued here at the cap price of ₹300 — the final figure moves with the issue price.
Allotment status
You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
Issue details
- Price band
- ₹285 – ₹300
- Lot size
- 50 shares
- Min. bid quantity
- 50
- Face value
- ₹4.00
- Tick size
- ₹1.00
- Shares offered
- 1.52 Cr
- Issue size
- ₹455.45 Cr
- Max bid · QIB
- 1.51 Cr
- Max bid · NII
- 1.09 Cr
Timeline & process
- Bidding opens
- 20 Aug 2026
- Bidding closes
- 24 Aug 2026
- Bidding hours
- 10.00 am to 5.00 pm
- UPI mandate cutoff
- 24-August-2026 (Upto 5.00 pm)
- Allotment
- —
- Listing
- 28 Aug 2026
Intermediaries
- Registrar
- KFin Technologies Limited
- Sponsor bank
- ICICI BANK
- Lead managers
- ICICI Securities Limited Kishan Rastogi / Rahul Sharma Tel: +91 22 6807 7100E-mail: tempsens.ipo@icicisecurities.com, JM Financial Limited