{
  "id": 1698589,
  "title": "Tempsens Instruments To Launch ₹650-Crore IPO On August 20",
  "url": "https://urgent.news/2026/08/18/tempsens-instruments-to-launch-650-crore-ipo-on-august-20",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T11:31:46.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/tempsens-instruments-to-launch-650-crore-ipo-on-august-20"
  },
  "original_language": "en",
  "account": "New Delhi: Temperature sensing and heating solutions provider Tempsens Instruments India Ltd will launch its IPO on August 20, with an issue size of Rs 650 crore. The price range is set between Rs 285-300 per equity share, closing on August 24. Anchor investor bidding will occur on August 19. At the top of the price band, the company's market capitalization is estimated at Rs 2,515 crore post-IPO. The IPO consists of a fresh equity issue up to Rs 95 crore and an Offer-for-Sale of up to 1.85 crore shares, totaling an estimated issue size of Rs 650 crore. The proceeds will be used for capital expenditure, debt repayment, and general corporate purposes. Tempsens, established in 1990, is a thermal engineering and specialized cable manufacturer offering customized temperature sensing, electrical heating, and specialized cable solutions. For the offer, 50% is reserved for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors. The shares will be listed on BSE and NSE on August 28. ICICI Securities and JM Financial serve as the book-running lead managers, while KFin Technologies is the registrar.",
  "summary": "New Delhi: Temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd will launch its initial public offering (IPO) on August 20, with the issue size pegged at Rs 650 crore. The price band has been fixed at Rs 285-300 per equity share, while the issue will close on August 24. Bidding by anchor investors will take place on August 19, according to a public announcement on…",
  "key_points": [
    "Tempsens Instruments India Ltd to launch ₹650-crore IPO on August 20",
    "Price range set between Rs 285-300 per equity share, closing on August 24",
    "Proceeds to be used for capital expenditure, debt repayment, and general corporate purposes"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}