Tempsens IPO: What This Udaipur Manufacturer Actually Makes

Send us Fan MailA thermometer sounds simple. But when it has to measure extreme temperatures inside steel, power, chemical and other industrial plants, the business becomes far more specialised.In this episode of SOIC’s 20 Unique Businesses series, Ishmohit breaks down Tempsens Instruments, a niche industrial instrumentation company operating across temperature sensing, electrical heating solutions and specialised cables.We look at its business model, competitive advantages, growth triggers, key risks, IPO structure and valuation — and understand what makes this business unique.The bigger lesson: a unique business is not automatically a good investment. You first need to understand the business, its moat and the price you are paying.