New Delhi, 17 August (H.S.): The initial public offering (IPO) of Tempsens Instruments (India) Ltd will open for subscription on August 20, with investors able to place their bids until August 24. Anchor investors will be eligible to bid on August 19. The price band for the issue has been fixed at Rs 285-300 per share.

The Rs 650-crore IPO of Tempsens Instruments (India) Ltd comprises a fresh issue of around Rs 95 crore and an offer for sale (OFS) of 1.85 crore shares. Investors can bid for a minimum of 50 equity shares and in multiples of 50 shares thereafter.

The company plans to utilise the proceeds from the issue to finance capital expenditure, repay debt and meet general corporate purposes. The company’s shares are proposed to be listed on the BSE and NSE on August 28.

Established in 1990, Tempsens Instruments (India) Ltd is a leading provider of thermal engineering and specialised cable solutions. As of March 31, the company was the only manufacturer in India of fibre-optic temperature sensors and thermal profiling systems. It was also the only company manufacturing pyrometers and online thermal imagers in India during fiscal year 2026.

---------------

Hindusthan Samachar / Jun Sarkar