Mumbai, Maharashtra, 17th of August, 2026 : TempSense Instruments (India) Limited, a company operating in the fields of thermal engineering and specialised cables, is set to launch its much-awaited Initial Public Offering (IPO) on August 20, 2026. The company has fixed the price band at ₹285 to ₹300 per equity share. The IPO will close on August 24, while bidding for anchor investors will open on August 19.
According to the company, investors can bid for a minimum of 50 shares and thereafter in multiples of 50 shares. The offer comprises a fresh issue of up to ₹95 crore and an Offer for Sale (OFS) of up to 1.85 crore equity shares by the promoter group and other selling shareholders.
The company stated that, out of the net proceeds from the fresh issue, ₹18.134 crore will be utilised towards capital expenditure related to electrical heating and specialised cable solutions, while ₹55 crore will be used for the partial or full repayment of existing debt. According to the company, it was the largest manufacturer of contact and non-contact temperature sensors in India in FY2026, with an estimated market share of around 10.5%.
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