Ahmedabad, August 18, 2026: Tempsens Instruments (India) Limited (the “Company”) has fixed the price band of Rs 285/- to Rs 300/- per Equity Share of face value Rs 4/- each for its proposed 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. The Anchor Investor Bid/ Offer Date shall be Wednesday, August 19, 2026. Investors can bid for a minimum of 50 Equity Shares and in multiples of 50 Equity Shares thereafter. Equity shares outstanding as on date is 80,666,025 Equity Shares of face value of Rs 4, each
The Offer comprises a fresh issue aggregating up to Rs 950.00 million and an offer-for-sale of up to 18,500,000 equity shares by the Promoter Group Selling Shareholders, Amit Talesara, Puneet Talesara, Chandra Prakash Talesara and the Other Selling Shareholders, Ankit Talesara, and Nirmal Kumar Pande.
The Net Proceeds worth Rs 181.34 million will be utilized for funding certain capital expenditure of the Company towards their electrical heating solutions, and specialized cable solutions, Rs 550.00 million for pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company, and general corporate purposes.
The Offer is being made through the book-building process, in compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, wherein not more than 50% of the Net Offer will be available for allocation to qualified institutional buyers (QIBs), not less than 15% to non-institutional bidders (NIBs), and not less than 35% to retail individual bidders (RIBs).
The company is a thermal engineering and specialized cable manufacturer, engaged in the design and manufacture of customized temperature sensing solutions, electrical heating solutions and specialized cables. The company’s offerings are tailored to address each customer’s technical requirements. By combining the company’s technical expertise with a collaborative approach to customer relationships, it delivers solutions that address complex thermal management and cable challenges across diverse industries. With the company’s strong sales and operations teams, it is able to respond quickly to client needs, ensuring timely and effective delivery of their customized solutions.
