# Tempsens Instruments sets IPO price band at Rs 285-300 2026-08-17T03:56:42+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Tempsens Instruments (India) Ltd will launch its initial public offering on August 20, with the issue size pegged at Rs 650 crore. The price band is fixed at Rs 285-300 per share, and the issue will close on August 24. Bidding by anchor investors is scheduled for August 19, according to the company's public announcement. The Livemint report puts the fresh issue component at Rs 95 crore, while The Hindu Business Line confirms that the offer includes a fresh issue of up to Rs 95 crore and an offer-for-sale of up to 1.85 crore equity shares. At the upper end of the price band, the post-issue implied market capitalisation is estimated at Rs 2,515 crore. The company will use part of the proceeds for capital expenditure on electrical heating and specialised cable solutions, and Rs 55 crore to repay borrowings. Promoters hold an 80.51% stake. For FY26, the company posted a 13.6% rise in profit to Rs 71.1 crore and a 17.5% increase in revenue to Rs 444.9 crore. The IPO has reserved 50% of shares for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors. ICICI Securities and JM Financial are the book-running lead managers. Shares are tentatively set to list on the BSE and NSE on August 28, with allotment finalised on August 25. ## Coverage - livemint.com - thehindubusinessline.com This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-17T06:37:08+00:00. Tags: BSE, ICICI Securities, IPO, JM Financial, NSE, Tempsens Instruments Canonical: https://indianopinion.org/tempsens-instruments-ipo-price-band-set-at-rs-285-rs-300/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tempsens-instruments-ipo-price-band-set-at-rs-285-rs-300/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/