• IPO issue details: Tempsens Instruments is launching a ₹650 crore IPO with a price band of ₹285 to ₹300, consisting of a ₹95 crore primary issue and a ₹555 crore offer for sale.
• Issue proceeds utilization: The company plans to use the majority of the ₹95 crore fresh issue for debt repayment, allocating the remainder toward capex to expand capacity in electrical heating solutions and specialized cables.
• Business mix and reach: Generating about ₹445 crore in net sales, the company earns 70% of revenue from project orders and 30% from replacement demand, while exporting to 80 countries.
• Order book visibility: Order cycles typically span 4 to 5 months, with future growth driven by international entities established in the last 2–3 years and expansion into OEM requirements for machine builders.