Tempsens Instruments IPO Analysis & Review

Quick Answers

What is the Tempsens Instruments IPO GMP today? The Tempsens Instruments IPO GMP is ₹170 as of 19/8/2026, 5:51:03 am. The IPO price band is ₹285 - ₹300. GMP represents an unofficial grey-market indication and does not guarantee the listing price.

When does Tempsens Instruments IPO open? The Tempsens Instruments IPO opens on 2026-08-20 and closes on 2026-08-24.

What is the Tempsens Instruments IPO subscription status? The overall subscription is 0x.

Key IPO Information

ViewIPO AI Analysis Score

The Tempsens Instruments IPO scored 60/100 (Moderate Risk) in our deep analysis.

Frequently Asked Questions

What are the main business segments of Tempsens Instruments (India) Limited?

The company operates in three verticals: temperature-sensing solutions (thermocouples, RTDs, infrared pyrometers, etc.), electrical heating solutions (immersion, process, skid, cartridge, band, tubular, flexible and furnace heaters), and specialised cables (control and power cables, instrumentation cables, thermocouple and RTD cables, heat trace cables, mineral insulated metal sheath cables).

What is the company's claimed market position in the temperature sensor industry in India?

Tempsens claims to be the largest manufacturer of contact and non-contact temperature sensors in India by revenue, with approximately 10.5% share of the temperature sensor segment and about 21.3% market share in the non-contact temperature sensor segment in FY26.

How many manufacturing units does Tempsens operate and where are they located?

As of March 31, 2026, Tempsens operates 15 manufacturing units: 10 units in Udaipur, India, and five overseas units located in the United Arab Emirates, South Korea, Indonesia, Germany, and Poland.

What is the size of the Tempsens IPO and the price band?

The IPO issue size is ₹650 crore, with a price band of ₹285 to ₹300 per share and a lot size of 50 shares.

What were the company's revenue and net profit for FY24, FY25, and FY26?

Revenue from operations was ₹274.81 crore in FY24, ₹378.53 crore in FY25, and ₹444.88 crore in FY26. Net profit (PAT) was ₹40.92 crore in FY24, ₹62.55 crore in FY25, and ₹71.07 crore in FY26.

What are the key risks highlighted in the company's prospectus?

Key risks include dependence on the Projects/OEM business (≈67.6% of FY26 revenue), exposure to metal and petrochemical sectors (≈41.1% of FY26 revenue), raw material concentration in copper and nickel (≈26% of purchases), supplier concentration (top 10 suppliers ≈40.3% of purchases), geographic concentration of manufacturing units in Udaipur, reliance on overseas subsidiaries and joint ventures, financial non‑comparability due to recent acquisitions, customer concentration (top 10 customers ≈18.6% of revenue), pending legal proceedings, rising trade receivables, and losses incurred by certain subsidiaries.

Does the company have any international presence through subsidiaries or joint ventures?

Yes. Tempsens has interests in overseas entities including 50% stakes in PT. Tempsens Asia Jaya (Indonesia) and Tempsens Korea Co. Limited (South Korea), a 60% stake in Tempsens Gulf LLC (UAE), and a 50% stake in Tempsens Instruments GmbH (Germany).

What certifications and accreditations does Tempsens hold for its manufacturing operations?

Most Indian manufacturing units are certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. The Udaipur temperature calibration centre is accredited to ISO/IEC 17025:2017 by NABL. The company also holds product approvals such as ATEX, IECEx, UL, EAC, BIS, CE, PESO, and ETL Listed marks as applicable.

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Tempsens InstrumentsNSE / BSE:

Analyzed by ViewIPO Financial Research Team
Temperature sensing and electrical heating equipment manufacturingIndiaFiled 2026-08-20Listing 2026-08-28Size ₹649.89Cr
Lot Size 50

Is Tempsens Instruments IPO Good? Quick Verdict

Tempsens Instruments IPO scored 60/100 (Moderate Risk) in our deep analysis. The strongest pillar is Financial at 75/100, while Valuation is the primary concern at 50/100. Tempsens Instruments (India) Limited presents a compelling growth story with strong market leadership in temperature sensing, diversified global operations, and consistent financial performance, though investors should weigh risks related to project dependency, sector exposure, and supply chain concentrations.

IPO Score
60/100
Moderate Risk

Quick Verdict

Largest manufacturer of contact and non-contact temperature sensors in India with ~10.5% market share in FY26.
Diversified global footprint with 15 manufacturing units across six countries and 28 distributors serving over 80 countries.
High dependence on Projects/OEM business contributing ~67.6% of FY26 revenue.
Revenue exposed to metal and petrochemical sectors (~41% of FY26 revenue).

Company Snapshot

Revenue (TTM)
₹444.88Cr↑ 17.53% YoY
Profitability
PositiveNet Income ₹71.07Cr
Gross Margin
 
Market Cap
Pending Data
IPO Size
₹649.89Cr 
Industry
Temperature sensing and electrical heating equipment manufacturing 
P/E Ratio
Pending Data

Risk Breakdown

Governance
60
Moderate
Financial
75
Moderate
Valuation
50
Expensive
Competition
55
Expensive
Dilution
60
Moderate
Promoter / Mgmt
60
Moderate

AI Summary

Tempsens Instruments (India) Limited is a thermal engineering and specialised cable manufacturer focused on temperature-sensing solutions, electrical heating products, and specialised cables. The company claims to be the largest Indian manufacturer of contact and non-contact temperature sensors, holding approximately 10.5% of the temperature sensor segment and 21.3% of the non-contact sensor market in FY26. With 15 manufacturing units across six countries, a distributor network of 28 partners serving over 80 countries, and robust R&D capabilities backed by 83 engineers, 12 Indian patents, and 39 international trademarks, Tempsens demonstrates a diversified and globally integrated business model. Financial performance shows steady growth, with revenue rising from ₹274.81 crore in FY24 to ₹444.88 crore in FY26 and net profit increasing from ₹40.92 crore to ₹71.07 crore over the same period.

Overall Verdict: Tempsens Instruments (India) Limited presents a compelling growth story with strong market leadership in temperature sensing, diversified global operations, and consistent financial performance, though investors should weigh risks related to project dependency, sector exposure, and supply chain concentrations.

Key Highlights

  • Revenue increased from ₹274.81 crore in FY24 to ₹444.88 crore in FY26, representing a CAGR of approximately 27% over the period.
  • Net profit grew from ₹40.92 crore in FY24 to ₹71.07 crore in FY26, reflecting improving profitability.
  • The company claims to be the largest Indian manufacturer of contact and non-contact temperature sensors, with ~10.5% share of the temperature sensor segment and ~21.3% share in non-contact sensors in FY26.
  • Operates 15 manufacturing units (10 in Udaipur, India; 5 overseas in UAE, South Korea, Indonesia, Germany, Poland) and has a distributor network of 28 partners across >80 countries.
  • Strong R&D capabilities with 83 employees, 12 Indian patents, and 39 international trademark registrations as of March 31, 2026.
  • Backwards-integrated manufacturing for thermocouples, cables, and electrical heaters, reducing reliance on external suppliers.
  • Customer base is diversified with over 3,800 customers and top 10 customers accounting for only 18.6% of FY26 revenue.

Financial Performance

Revenue (Annual)

+17.5% YoY

INR in Crores

Net Income (Annual)

+13.6% YoY

INR in Crores

EBITDA vs PAT

EBITDA YoY

INR in Crores

EBITDA
PAT

IPO Timeline

IPO Opens2026-08-20
IPO Closes2026-08-24
Basis of Allotment2026-08-25
Refunds & Demat2026-08-26
Listing Date2026-08-28

Valuation Analysis

IPO Price₹285 - ₹300
Estimated Fair Value
Pending Data
Valuation Premium
Pending
vs Fair Value

IPO DNA

Growth
65
Governance
60
Profitability
75
Valuation
50
Competition
55
Execution
60

Pros vs Cons

Pros

  • Largest manufacturer of contact and non-contact temperature sensors in India with ~10.5% market share in FY26.
  • Diversified product portfolio across temperature sensing, electrical heating, and specialised cables serving multiple industries.
  • Strong global footprint with 15 manufacturing units across six countries and 28 distributors in over 80 countries.
  • Consistent revenue and profit growth, with revenue rising from ₹274.81 crore in FY24 to ₹444.88 crore in FY26.
  • Robust R&D capabilities backed by 83 engineers, 12 Indian patents, and 39 international trademarks.

Cons

  • High dependence on Projects/OEM business, contributing ~67.6% of FY26 revenue, making results vulnerable to capital expenditure cycles.
  • Significant exposure to metal and petrochemical sectors, which together accounted for ~41.1% of FY26 revenue.
  • Raw material concentration risk, with copper and nickel comprising ~26% of total purchases.
  • Supplier concentration, as top 10 suppliers represent ~40.3% of total purchases and frequent late deliveries.
  • Geographic concentration of manufacturing, with 10 of 15 units located in Udaipur, exposing operations to regional risks.

Financial Health

Revenue Growth
Revenue grew 37.8% YoY in FY25 and 17.5% YoY in FY26 (Good)
Debt Level
Undisclosed (Moderate)
Cash & Equivalents
Undisclosed (Moderate)

Institutional Signals

Anchor Investors
Undisclosed
VC Backing Tier
Undisclosed
Strategic Partners
Undisclosed

Tempsens Instruments IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

No Public Data Available

We couldn't find any significant public discussions or retail sentiment threads for this IPO at the moment.

Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Tempsens Instruments IPO — Frequently Asked Questions

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IPO Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

View Full Glossary

Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

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Frequently Asked Questions about Tempsens Instruments

What is the expected listing price of Tempsens Instruments?

The expected listing price depends on the live Grey Market Premium. Check the live GMP and expected listing price for Tempsens Instruments on our Live GMP Tracker.