The Rs 650-crore public situation was priced at Rs 300 per share and comprised a recent situation of Rs 95 crore and a proposal on the market (OFS) value Rs 555 crore. Forward of the IPO, the corporate additionally raised Rs 194.54 crore from anchor buyers.
The IPO was open for subscription from August 20 to August 24 and obtained an amazing response throughout investor classes. The problem was subscribed 184.07 instances total. The retail portion was subscribed 60.69 instances, whereas certified institutional patrons (QIBs) subscribed 302.88 instances. The non-institutional investor (NII) section witnessed even stronger demand, with the portion subscribed 314.44 instances.
Tempsens Devices specialises in thermal engineering merchandise and specialised cables. By the general public situation, the corporate raised Rs 650 crore, comprising a recent situation of 32 lakh shares value Rs 95 crore and an OFS of 1.85 crore shares amounting to Rs 555 crore.
ICICI Securities Ltd served because the book-running lead supervisor for the IPO, whereas KFin Technologies Ltd acted because the registrar to the problem.
Tempsens Devices (India) raised Rs 194.54 crore from 29 anchor buyers forward of its IPO, which opened for public subscription on Thursday, August 20, 2026. In line with the corporate’s inventory change submitting, Tempsens Devices allotted 64,84,999 fairness shares to anchor buyers at Rs 300 per share.
Objects of the Difficulty
Tempsens Devices plans to make use of the Rs 73.13 crore in web proceeds from the recent situation to assist its progress plans and strengthen its monetary place. Of this quantity, Rs 18.13 crore can be allotted in direction of capital expenditure for its electrical heating and specialised cable options companies, whereas Rs 55 crore can be used for the prepayment or scheduled reimbursement of sure excellent borrowings.The remaining proceeds can be used for normal company functions, giving the corporate flexibility to satisfy its broader enterprise necessities. Total, the funds are anticipated to assist the corporate increase its operational capabilities whereas additionally lowering its debt burden.
Monetary Efficiency
Tempsens Devices (India) delivered a powerful monetary efficiency in FY26, persevering with the expansion momentum seen within the earlier yr. The corporate’s complete earnings elevated to Rs 455.86 crore in FY26 from Rs 382.47 crore in FY25, representing a 19% year-on-year progress.
The expansion in income additionally translated into improved profitability. The corporate’s Revenue After Tax (PAT) rose to Rs 71.07 crore in FY26 from Rs 62.56 crore in FY25, registering a 14% year-on-year enhance.
About Tempsens Devices (India)
Integrated in 1990, Tempsens Devices (India) Restricted is a thermal engineering and specialised cable producer targeted on designing and manufacturing customised temperature-sensing options, electrical heating options and specialised cables. Its product portfolio spans temperature sensors, electrical heating techniques and specialised cables, catering to a variety of commercial purposes.
The corporate is among the many producers of each contact and non-contact temperature sensors in India by income, with an estimated market share of round 10.5% within the temperature sensor section for the yr ended March 31, 2026.
Between April 1, 2023 and March 31, 2026, Tempsens Devices served greater than 1,000 distinctive clients. The corporate additionally has a powerful worldwide footprint, exporting its merchandise to greater than 80 nations, together with the UAE, Germany and Poland. Its international presence spans markets throughout Asia Pacific, Africa and the Center East, North Africa, Europe, and North and South America.
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