Overview
- The stock listed sharply higher on Friday, August 28, 2026, opening at Rs 634 versus the Rs 300 issue price and delivering about a 111% gain on debut.
- Tempsens’ Rs 650 crore IPO combined a Rs 95 crore fresh issue and a Rs 555 crore offer‑for‑sale, with existing shareholders including Amit, Puneet and Chandra Prakash Talesara selling shares through the OFS.
- Before public subscription, the company secured Rs 194.5 crore from 29 anchor investors such as Aranda Investments (Temasek), Goldman Sachs and Ashoka WhiteOak, signaling strong institutional interest.
- The public offering was heavily oversubscribed during Aug. 20–24, with overall bids about 184 times available shares and particularly strong demand from institutional and non‑institutional investors.
- Tempsens is a specialised temperature‑sensing, heating and cable maker with rising revenues and export reach to 80+ countries, though analysts flag risks from concentrated manufacturing, customer/supplier dependence and cyclical end markets.