Teamtech Formwork Solutions IPO
Teamtech Formwork Solutions IPO
Overview
Teamtech Formwork Solutions IPO is a book build issue of ₹50.15 crores. The issue is entirely a fresh issue of 0.80 crore shares of ₹50.15 crore. Teamtech Formwork Solutions IPO opens for subscription on May 19, 2026 and closes on May 21, 2026. The allotment for the Teamtech Formwork Solutions IPO is expected to be finalized on May 22, 2026. Teamtech Formwork Solutions IPO will list on the NSE SME with a tentative listing date fixed as May 26, 2026. Teamtech Formwork Solutions IPO is set issue price band at ₹61 to ₹63 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,78,000. GetFive Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is SMC Global Securities Ltd.
Issue Size
₹79,60,000
Issue Price
₹50 Cr
Price Band
₹61 – ₹63
Lot Size
2000 shares
Min. Investment
₹1,22,000
Max. Investment
₹1,26,000
Open Date
19 May, 2026
Close Date
21 May, 2026
Allotment
22 May, 2026
Listing
26 May, 2026
Max. Investment
₹1,26,000
Announced
19 May, 2026
Opening Date
19 May, 2026
Closing Date
21 May, 2026
Basis of Allotment
22 May, 2026
Initiation of Refunds
25 May, 2026
Credit of Shares
25 May, 2026
Listing Date
26 May, 2026
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About Teamtech Formwork Solutions IPO
Incorporated in November 2018, Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model, manufacturing, refurbishing, and renting modular T-formwork and customised formwork systems for the construction industry.
The company’s product portfolio includes standard panels, customised panels, and formwork accessories & supporting components, which together form a complete modular formwork system for various construction requirements.
The company provides m
Teamtech Formwork Solutions IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.2% increase in shares
Teamtech Formwork Solutions IPO Financial Health
Teamtech Formwork Solutions Ltd.'s revenue increased by 64% and profit after tax (PAT) rose by 48% between the financial year ending with March 31, 2026 and March 31, 2025.
Teamtech Formwork Solutions IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 14000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 16000 | ₹10,08,000 |
(All values in CR)
Teamtech Formwork Solutions IPO Valuations
| Metric | Value |
|---|---|
| ROE | 42.26 |
| ROCE | 40.92 |
| Debt/Equity | 0.50 |
| RoNW | 34.89 |
| PAT Margin | 21.60 |
| EBITDA Margin | 32.61 |
(All values in CR)
Teamtech Formwork Solutions IPO Strength & Risk
Teamtech Formwork Solutions IPO Strengths
- Strong revenue and profit growth in recent financials
- Benefits from India’s infrastructure and construction growth cycle
- IPO proceeds planned for expansion, machinery, debt repayment, and working capital
- Moderate debt levels compared to many SME companies
- Operates in specialized modular formwork solutions segment
- Growing demand potential from infrastructure and real-estate projects
Teamtech Formwork Solutions IPO Risks
- SME IPOs carry very high volatility and liquidity risk
- Large minimum investment amount increases concentration risk
- Business highly dependent on construction and real-estate demand
- Limited listed-company track record and scalability visibility
- Possible customer concentration and project dependency risk
- Grey market premium currently weak/uncertain
- Not ideal for conservative or first-time IPO investors
- High-risk SME exposure despite growth potential
Teamtech Formwork Solutions IPO GMP
Last updated 15 May, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 15 May, 2026 | 63 | ₹0 | - | ₹63 (0.00%) | - | 15 May, 2026 |
| 14 May, 2026 | 63 | ₹0 | - | ₹63 (0.00%) | - | 14 May, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Teamtech Formwork Solutions IPO
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Find Teamtech Formwork Solutions IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.