Teamtech Formwork Solutions IPO

Teamtech Formwork Solutions is an NSE SME IPO listed on the NSE SME platform, priced at ₹61–₹63 per share. The stock debuted at ₹75, delivering a listing gain of 19.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹2,52,000.

Teamtech Formwork Solutions Limited IPO

NSE SME Listed
₹2,52,000 (4000 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 19, 2026 – May 21, 2026
Price band
₹61-63 per equity share
Minimum Investment
₹2,52,000
Issue size
₹50.15 Cr
Lot size
2000
Allotment Date
May 22, 2026
Listing
May 26, 2026
Listing At
NSE SME

IPO timeline

  1. May 19, 2026

    Open Date

    Completed

  2. May 21, 2026

    Close Date

    Completed

  3. May 22, 2026

    Allotment Date

    Completed

  4. May 26, 2026

    Listing Date

    Completed

Teamtech Formwork Solutions IPO Subscription Details

View Subscription Details
QIB 4.28x
Individual 6.10x
NIIs 13.15x
bHNI 15.60x
sHNI 8.24x
Individual 6.10x
Total 7.09x

Teamtech Formwork Solutions IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Teamtech Formwork Solutions IPO Essentials

Teamtech Formwork Solutions IPO Details

Teamtech Formwork Solutions IPO is priced at ₹61-63 per share with a total issue size of 50.15 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹61-63 per equity share
Lot size
2000 shares
Face value
₹5 Per Equity Share
Issue size
79,60,000 shares(agg. up to ₹50.15 Cr)
Total issue size
79,60,000 shares
(aggregating up to ₹50.15 crore)
Fresh issue
79,60,000 shares
(aggregating up to ₹50.15 crore)
Listing at
NSE SME
List price
75.0
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
GetFive Advisors Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 4,000 ₹2,52,000
Individual(max) 2 4,000 ₹2,52,000
sHNI(min) 3 6,000 ₹3,78,000
sHNI(max) 7 14,000 ₹8,82,000
bHNI(min) 8 16,000 ₹10,08,000

Teamtech Formwork Solutions IPO Documents

Teamtech Formwork Solutions IPO Reservation

Teamtech Formwork Solutions IPO reservation details show category-wise allocation of shares. Out of the total 7960000 shares, approximately 18.99% are reserved for QIB, 14.25% for NII, 33.27% for retail investors, 5.03% for market maker, and 28.47% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 2266000 (28.47%)
Market Maker Shares Offered 400000 (5.03%)
QIB Shares Offered 1512000 (18.99%)
NII (HNI) Shares Offered 1134000 (14.25%)
bHNI > ₹10L 756000 (9.39%) 126
sHNI < ₹10L 378000 (4.85%) 63
Individual Shares Offered 2648000 (33.27%) 662
Total Shares Offered 7960000 (100%)

Teamtech Formwork Solutions IPO Analytics

Teamtech Formwork Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Teamtech Formwork Solutions IPO Subscription Status

Teamtech Formwork Solutions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 7.09x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 15,12,000
11,34,000
7,56,000
3,78,000
26,48,000 52,94,000
Day 1 19-05-26 05:00 PM
0.66 x
0.79x
1.07x
0.25x
0.35 x 0.53 x
Day 2 20-05-26 05:00 PM
0.66 x
0.94x
1.13x
0.56x
0.72 x 0.75 x
Day 3 21-05-26 05:00 PM
4.28 x
13.15x
15.60x
8.24x
6.10 x 7.09 x
Total No. of Applications
bHNI sHNI Individual
5250 (Approx) 5.47x 8.05x 6.1x

Teamtech Formwork Solutions Valuations

Earnings

EPS Pre IPO
₹5.26/-
EPS Post IPO
₹3.87/-
P/E Pre IPO
11.97
P/E Post IPO
16.29

Returns

ROE
42.26%
ROCE
40.92%
RoNW
34.89%
PAT Margin
21.60%

Fundamentals

Debt / Equity
0.50
Price / Book
4.17
Market Cap
₹188.85 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Teamtech Formwork Solutions Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 66.75 40.00 24.96
Revenue 54.23 32.98 30.31
Profit After Tax 11.59 7.84 7.69
Net Worth 33.22 21.63 13.79
Reserves & Surplus 22.21 19.07 11.23
Total Borrowing 16.68 11.10 3.64

Teamtech Formwork Solutions Company & Offer Insights

About Teamtech Formwork Solutions

Registered in November 2018, Teamtech Formwork Solutions Limited has adopted a Business to Business (B2B) strategy that involves manufacturing, refurbishing, and renting modular T-formwork and customized formwork solutions in the construction industry.
The Company provides several types of customized, modular formwork solutions with their specifications provided.
The Company provides modular T-formwork solutions, which incorporate a customized and technical design service offering. Besides the manufacture of new formwork, it offers refurbishment of old systems. It also rents its formwork solutions, thereby eliminating the need for investment capital from customers.
The Company manufactures vertical modular T-formwork systems that are ideal for several vertical concrete structures including foundations, walls, shafts, tanks, bridges, circular walls, and many more.
The Company maintains an in-house production facility occupying a total area of 20,000 sq. ft. located in Bollaram, Telangana. The facility is complete with laser cutters and plywood cutters for formwork manufacturing.
The Company makes use of specialized software in its operations. Formwork planning software enables the Company to determine formwork requirements according to customer designs.

Teamtech Formwork Solutions Promoter(s)

ldo Varghese, Chaitanya Prakash Kotagiri, Salinraj Kunnummal are the company's promoters of Teamtech Formwork Solutions.

Teamtech Formwork Solutions IPO Issue Objectives

Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
Repayment/prepayment of all or certain of the borrowing availed by your company
To meet the working capital requirements
General corporate purposes

Contact Information

Contact Details

Teamtech Formwork Solutions

+91 7801046161

complianceofficer@teamtechengg.com

https://teamtechengg.com

3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No. 163/Part, Durgamatha House Building Cooperative Housing Society Ltd., Hydernagar, Hyderabad, Telangana - 500049.

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

teamtech.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Teamtech Formwork Solutions IPO is a book-built IPO worth ₹50.15 crore. The price band is ₹61–₹63 per share. The IPO opens on May 19, 2026 and closes on May 21, 2026. It will be listed on NSE SME Platform. Kfin Technologies Ltd. is the registrar.

The price band of Teamtech Formwork Solutions IPO is ₹61 to ₹63 per share.

The lot size of Teamtech Formwork Solutions IPO is 2000 shares.

The minimum investment for Teamtech Formwork Solutions IPO is approximately ₹2,52,000 based on the upper price band .

Teamtech Formwork Solutions IPO opens on May 19, 2026 and closes on May 21, 2026.

The allotment date of Teamtech Formwork Solutions IPO is May 22, 2026.

Teamtech Formwork Solutions IPO is expected to be listed on May 26, 2026, on NSE SME Platform.

Teamtech Formwork Solutions IPO valuation snapshot: P/E 16.29, EPS ₹3.87/-, P/B 4.17, RoNW 34.89%, and market cap ₹188.85 Cr.

To apply for Teamtech Formwork Solutions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Teamtech Formwork Solutions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Teamtech Formwork Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Teamtech Formwork Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Teamtech Formwork Solutions IPO allotment status on IPO Ji for quick and easy access.