Tempsens Instruments (India) Limited's IPO Sees Strong Investor Demand, Subscribed 5.94 Times on Day 1
- Retail Portion Subscribed 6.46 Times on Day 1
Mumbai, August 20, 2026: The Initial Public Offering of Tempsens Instruments (India) Limited was subscribed 5.94 times on the first day of bidding, demonstrating strong demand from retail and non-institutional investors for this IPO.
The issue received bids of 9,01,15,350 equity shares against the offered 1,51,81,667 equity shares, according to data available on the stock exchanges.
Retail Portion and Non-institutional investors portion were subscribed 6.46 times and 12.51 times respectively. Qualified Institutional Buyers (QIB) was subscribed 0.05 times whereas employee reserved portion was subscribed 9.43 times.
The issue kicked off for subscription on Thursday, August 20, 2026, and will close for subscription on Monday, August 24, 2026.
A day before the opening of the issue, Tempsens Instruments (India) Limited had raised nearly Rs 194.5 crore from anchor investors.
Brokerage houses recommend company
Leading brokerage firms like Adroit Financial, Anand Rathi, BP Wealth, Geojit and Ventura Securities have given their“Subscribe” recommendation to Tempsens Instruments (India) Limited, which is a thermal engineering and specialised cable manufacturer, engaged in the design and manufacture of customized temperature sensing solutions, electrical heating solutions and specialised cables.
Leading brokerage firms like Adroit Financial, Anand Rathi, BP Wealth, Geojit and Ventura Securities have given their“Subscribe” recommendation to Tempsens Instruments (India) Limited, which is a thermal engineering and specialised cable manufacturer, engaged in the design and manufacture of customized temperature sensing solutions, electrical heating solutions and specialised cables.
Anand Rathi highlights the company is a diversified industrial technology company engaged in the design, manufacturing and supply of temperature sensing solutions, electrical heating solutions and specialised cables.
On the valuation front, at the upper price band, the issue is at an implied P/E of 35.4 and EV/EBITDA of 25.64 on FY26 earnings. Recommend “Subscribe – Long Term”.
BP Wealth highlights the company is a thermal engineering and specialised cable manufacturer with over three decades of experience, designing and manufacturing customised temperature sensing solutions, electrical heating solutions, and specialised cables.
On the valuation front, at the upper price band of Rs 300, the issue is valued at approximately 36 times FY26 diluted EPS of Rs 8.3. Recommend “Subscribe” for long-term.
IPO Details
Tempsens Instruments (India) Limited has fixed the price band of Rs 285 to Rs 300 per Equity Share of face value Re. 4/- each for its maiden initial public offer.
Tempsens Instruments (India) Limited has fixed the price band of Rs 285 to Rs 300 per Equity Share of face value Re. 4/- each for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, August 20, 2026, for subscription and close on Monday, August 24, 2026.
Investors can bid for a minimum of 50 Equity Shares and in multiples of 50 Equity Shares thereafter.
The offer, with a face value of Rs 4 per equity share, comprises a fresh issue aggregating up to Rs 95 crore and an offer-for-sale of up to 18,500,000 equity shares by promoters - Amit Talesara, Puneet Talesara, and Chandra Prakash Talesara. Investors selling shares - Ankit Talesara and Nirmal Kumar Pande.
The table below shows subscription data for all the categories of investors:
Tempsens Instruments (India) Limited Last updated on 20 Aug 2026 | 05:00:00 PM | ||||||
Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category | ||
1 | Qualified Institutional Buyers (QIBs) | 43,23,333 | 2,33,600 | 0.05 | ||
1(a) | Foreign Institutional Investors (FIIs) | - | 2,100 | - | ||
1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - | ||
1(c) | Mutual Funds | - | 5,700 | - | ||
1(D) | Others | - | 2,25,800 | - | ||
2 | Non Institutional Investors(NIIS) | 32,42,500 | 4,05,62,050 | 12.51 | ||
2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 21,61,667 | 1,81,44,150 | 8.39 | ||
2.1(a) | Corporates | - | 2,68,950 | - | ||
2.1(b) | Individuals (Other than RIIs) | - | 1,72,14,150 | - | ||
2.1(c) | Others | - | 6,61,050 | - | ||
2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees and upto 10 lakh rupees) | 10,80,833 | 2,24,17,900 | 20.74 | ||
2.2(a) | Corporates | - | 68,900 | - | ||
2.2(b) | Individuals (Other than RIIs) | - | 2,18,92,500 | - | ||
2.2(c) | Others | - | 4,56,500 | - | ||
3 | Retail Individual Investors (RIIs) | 75,65,834 | 4,88,48,450 | 6.46 | ||
3(a) | Cut Off | - | 4,27,37,850 | - | ||
3(b) | Price Bids | - | 61,10,600 | - | ||
4 | Employee Reserved | 50,000 | 4,71,250 | 9.43 | ||
4(a) | Employee (Cut off) | - | 3,88,000 | - | ||
4(b) | Employee (Price) | - | 83,250 | - | ||
5 | Reservation PortionShareholder | - | - | - | ||
5(a) | RPS (Cut off) | - | - | - | ||
5(b) | RPS (Price) | - | - | - | ||
Total | 1,51,81,667 | 9,01,15,350 | 5.94 | |||
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