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Established in 1990, Tempsens Instruments (India) Limited is a leading Indian engineering firm specializing in thermal and cable solutions. The company designs and manufactures custom temperature sensors, industrial heating equipment, and specialized wiring. As a dominant market player, Tempsens holds over 10% of India’s temperature sensor market share by revenue, driven by its extensive lineup of advanced monitoring equipment and durable industrial heaters.

With a robust international presence, the company serves more than 1,000 distinct clients and exports to over 80 countries, including the UAE, Germany, and Poland. Its global reach spans Asia-Pacific, Europe, the Americas, and the Middle East. By delivering key components like power cables, temperature sensors, and custom heating systems across multiple industries, Tempsens has built a strong reputation for reliability in global thermal management solutions.

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(There are no listed peers for the company in the Indian Stock Market.)

*Market cap @upper band

• Largest Manufacturer of Contact and Non-Contact Temperature Sensors in India in Terms of Revenue and One of the Largest Manufacturers of Electrical Heaters in India with a Focus on Indigenization resulting in High Entry Barriers.
• Diversified Business Model with Broad Product Portfolio, Wide Industry Coverage, and Balanced Mix of Projects and MRO Revenue.
• Established Research and Development Capabilities Enabling Customized, Critical Solutions and Innovation.
• Global Presence through Strategic Alliances, Diverse Customer Base, Export Sales and Strong Longstanding Customer Relationships.

The Company TEMPSENS INSTRUMENTS (INDIA) LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Funding certain capital expenditure of the Company towards the (i) electrical heating solutions (ii) specialized cable solutions (Rs. 18.13 Cr.)
• Pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company (Rs. 55.00 Cr.)
• General Corporate Purposes.

At the upper band of IPO Rs. 300, the stock is valued at 35.38 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.