Tempsens Instruments plans a ₹650 crore IPO to fund expansion and debt repayment. The company manufactures specialized temperature sensing and electrical heating solutions for global markets. Its revenue grew significantly between FY24 and FY26, showing strong financial performance. Tempsens holds a leading market share in various temperature sensor segments in India. Investors with a high-risk appetite may consider this offering for long-term growth.
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The IPO, which opened for subscription on August 17 and closed on August 19, received an overwhelming response, with the issue subscribed 62.97 times overall.