Tempsens Instruments (India) Limited has made an initial public offering of equity shares aggregating to ₹650 crore, comprised of a fresh issue and an offer for sale.
S&R Associates advised Tempsens on this IPO.
Trilegal advised the book running lead managers ICICI Securities and JM Financial on this IPO.
The transaction was led by Bhakta Patnaik (Partner) and Brajendu Bhaskar (Partner), with support from Malika Grewal (Counsel) and Associates Anand Kumar, Manasi Barve, and Amisha Dubey.
Tempsens Instruments is a thermal engineering and specialised cable manufacturer and is the largest manufacturer of contact and non-contact temperature sensors in India in terms of revenue as of March 31, 2026, with a market share of approximately 10.5% in the temperature sensor segment in Fiscal 2026 (Source: F&S Report).
The equity shares have been listed on the stock exchanges at a price over 111% of the offer price for the IPO.
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