Tempsens Instruments' Rs 650 crore IPO opens on August 20, price band fixed at Rs 285-300 per share

Tempsens Instruments is preparing for its IPO launch on August 20, targeting an impressive Rs 650 crore in funding. Of this, Rs 18 crore will be allocated for capital investments while Rs 55 crore is designated for settling debts. Recognized as the largest producer of temperature sensors and specialized cables in India, Tempsens has shown substantial revenue and profit increases.