Tempsens Instruments Ltd. made a strong stock-market debut Friday, jumping 110% from its initial public offering price, the best first-day performance in India so far this year. The stock opened at 631.20 rupees, compared with the IPO price of 300 rupees, underscoring strong investor appetite for the thermal engineering products and specialized cables maker.

The listing was preceded by a $68 million India IPO, drawing significant demand from investors looking to gain exposure to the country's industrial manufacturing sector.

With this debut, Tempsens Instruments Ltd. has set a high bar for upcoming listings in the Indian market, highlighting continued momentum in the country's primary equity issuance pipeline.