Tempsens Instruments (India) Ltd - IPO

Tempsens Instruments (India) Ltd IPO Details

Initial public offering of up to 21,666,667 equity shares of face value of Rs. 4 each (Equity Shares) of Tempsens Instruments (India) Limited (the Company or the Company or the Issuer) for cash at a price of Rs. 300 per equity share (including a share premium of Rs. 296 per equity share) (the Offer Price) aggregating up to Rs. 650 Crores (the Offer) comprising a fresh issue of up to 3,166,667 equity shares aggregating up to Rs. 95.00 Crores by the company (the Fresh Issue) and an offer for sale of up to 18,500,000 equity shares of face value of Rs. 4 each aggregating up to Rs. 555 Crores comprising an offer for sale of up to 4,815,543 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] Crores by AMIT Talesara, up to 1,294,480 equity shares of face value of Rs. 4 aggregating sale of up to Rs [*] Crores by Puneet Talesara, and up to 3,787,720 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Chandra Prakash Talesara ( Together with Puneet Talesara and Amit Talesara, the promoter group selling shareholders) and up to 3,787,720 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Ankit Talesara and up to 4,814,537 equity shares of face value of Rs.4/- each aggregating up to Rs.[*] crores by Nirmal Kumar Pande ( Together with Ankit Talesara, the other selling shareholders, and together with the promoter group selling shareholders, the selling shareholders, and such offer for sale of equity shares by the selling shareholders, the offer for sale).The offer includes a reservation of up to 50,000 equity shares, aggregating up to Rs. 1.5 Crores (constituting up to [*]% of the post-offer paid-up equity share capital). For subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company.Price Band: Rs. 285 to Rs. 300 per equity share of face value of Rs. 4 each.The floor price is 71.25 times the face value of the equity shares and the cap price is 75 times the face value of the equity shares. Bids can be made for a minimum of 50 equity shares of face value of Rs. 4 each and in multiples of 50 equity shares of face value of Rs. 4 each thereafter.

Objective of issue

Funding certain capital expenditure of the Company towards our (i) electrical heating solutions. and (ii) specialized cable solutions. Pre-payment or scheduled re-payment, in full or in part, of certain outstanding borrowings availed by the Company. General corporate purposes.

Tempsens Instruments (India) Ltd Contact Details

Tempsens Instruments (India) Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@tempsens.com

Website - www.tempsens.com