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Teamtech Formwork Solutions Ltd

Teamtech Formwork Solutions Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹63
₹63
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹63
Based on GMP
Min. Investment
₹126,000
1 lot × 2000 shares
Subscribed
7.01x
Over-subscribed
IPO Details
Open Date
19 May 2026
Close Date
21 May 2026
Allotment
22 May 2026
Listing Date
26 May 2026
Exchange
NSE SME
Price Band
₹63
Listing Price
See chart
Allotment Status
Price Band
₹63
Per share
Face Value
₹5 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
79,60,000 shares (agg. up to ₹50 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹126,000
1 lot
Pre-IPO Holding
2,20,16,000 shares
Promoters
Post-IPO Holding
2,99,76,000 shares
Promoters
P/E (Pre)
11.97x
 
P/E (Post)
16.29x
 
EPS (Pre)
₹5.26
 
EPS (Post)
₹3.87
 
UPI Deadline
5:00 PM on 21 May 2026
Mandate
Anchor AllotmentMon, 18 May 2026
Basis of AllotmentFri, 22 May 2026
Refund InitiationMon, 25 May 2026
Demat CreditMon, 25 May 2026
Listing DayTue, 26 May 2026
UPI Mandate Deadline5:00 PM on 21 May 2026
Sale TypeFresh capital only
Net Offer to Public75,60,000 shares (agg. up to ₹48 Cr)
Market Maker Quota4,00,000 shares (agg. up to ₹3 Cr)
Fresh Issue Shares75,60,000 shares (agg. up to ₹48 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Teamtech Formwork Solutions Ltd IPO subscribed 7.01 times overall. Retail: 6.10x. QIB: 4.28x. NII: 12.79x. By 21 May 2026.
QIB
4.28x
Over
NII/HNI
12.79x
Over
Retail
6.10x
Over
Total
7.01x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
400,000
₹2.52
QIB
Over 4.28x
1,512,000
₹9.53
NII / HNI
Over 12.79x
1,134,000
₹7.14
Retail
Over 6.10x
2,648,000
₹16.68
Total 7.01x
5,294,000
100% ₹33.35
IPO Shares Offered
Teamtech Formwork Solutions Ltd IPO total issue size: ₹33.35 Cr. Retail: ₹16.68 Cr. QIB: ₹9.53 Cr. NII: ₹7.14 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,512,000 ₹9.53
28.56%
Market Maker 400,000 ₹2.52
7.56%
NII 1,134,000 ₹7.14
21.42%
Retail 2,648,000 ₹16.68
50.02%
Total 5,294,000 ₹33.35
100.00%
* Based on upper price band ₹63 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 1,134,000 2,648,000 3,782,000
Allotment price (₹) 63 63 63 63 63 63 63 63
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹16.68 ₹16.68
Times subscribed 4.28x 12.79x 6.10x 7.01x
Shares allotted 1,134,000 2,648,000 3,782,000
No. of allottees
* Upper price band ₹63 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹63.00
Upper Band
Min Investment
₹126,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹252,000
Retail (Max — 13 Lots)1326,000₹1,638,000
S-HNI (Min — 14 Lots)1428,000₹1,764,000
B-HNI (Min — 68 Lots)68136,000₹8,568,000
* Issue Price ₹63 × Lot Size 2,000 shares
IPO Schedule
Anchor
18 May 2026
✓ Done
IPO Open
19 May 2026
✓ Done
IPO Close
21 May 2026
✓ Done
Allotment
22 May 2026
✓ Done
Refunds
25 May 2026
✓ Done
Demat Credit
25 May 2026
✓ Done
Listing Day
26 May 2026
✓ Done
Teamtech Formwork Solutions Ltd — Live Price LIVE
₹63.00
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Issue ₹63.00 Live Price
About Teamtech Formwork Solutions Ltd
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 offers various customised, modular formwork panels and accessories with detailed specifications.The company provides modular T formwork systems with customised design and technical support. Along with manufacturing new formwork, it refurbishes and reconditions used systems to extend their life. It also offers a rental model, enabling customers to access formwork solutions without capital expenditure.The Company manufactures vertical modular T-formwork systems suitable for a wide range of vertical concrete structures, including foundations, walls, shafts, tanks, bridges, circular walls and various other structural elements.The company operates a 20,000 sq. ft. in-house manufacturing and refurbishment facility in Bollaram, Telangana. It is equipped with laser and plywood cutting machinery for modular formwork systems.The Company uses software for design and operational activities. Formwork planning software helps assess panel needs based on client designs, aiding project timelines and reliable quotations. This improves efficiency and planning accuracy.Competitive StrengthExperienced Management TeamIntegrated Business ModelStrong Engineering and Technical CapabilitiesEstablished Manufacturing and Refurbishment InfrastructureSystem-Driven and Quality-Focused OperationsPan-India and International Market PresenceDiversified Revenue StreamsLong-Term Customer Relationships
Objects of the Issue
1
Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
2
Repayment/prepayment of all or certain of the borrowing availed by your company
3
To meet the working capital requirements
4
General Corporate Purpose
Teamtech Formwork Solutions Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹30.3
31 Mar 2024
₹33.0
31 Mar 2025
₹54.2
31 Mar 2026
Profit After Tax (PAT)
₹7.7
31 Mar 2024
₹7.8
31 Mar 2025
₹11.6
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 54.23 32.98 30.31
EBITDA 17.50 9.24 9.11
Profit After Tax (PAT) 11.59 7.84 7.69
Net Worth 33.22 21.63 13.79
Total Assets 66.75 40.00 24.96
Reserves & Surplus 22.21 19.07 11.23
Borrowings 16.68 11.10 11.10
EBITDA Margin (%) 32.61
PAT Margin (%) 21.60
P/BV Ratio
4.17
RoE
42.26
RoCE
40.92
RoNW
34.89
PAT Margin
21.60
EBITDA Margin
32.61
Debt/Equity
0.50
Issue Structure & Shareholding
Total Shares Offered79,60,000
Net Offer to Public75,60,000 shares (agg. up to ₹48 Cr)
Reserved for Market Maker4,00,000 shares (agg. up to ₹3 Cr)
Pre-Issue Promoter Holding2,20,16,000 shares
Post-Issue Promoter Holding2,99,76,000 shares
P/BV Ratio4.17
RoE42.26
RoCE40.92
Debt / Equity0.50
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GetFive Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Teamtech Formwork Solutions Ltd IPO subscribed?

Teamtech Formwork Solutions Ltd IPO is subscribed 7.01 times by May 21, 2026. Retail: 6.10x. QIB: 4.28x. NII: 12.79x.

Investor CategorySubscription
Qualified Institutional (QIB)4.28x
Non Institutional (NII/HNI)12.79x
Retail Individual6.10x
Total Subscription7.01x
What is Teamtech Formwork Solutions Ltd IPO retail subscription status?

The Teamtech Formwork Solutions Ltd IPO retail category is subscribed 6.10 times as of 21 May 2026. The retail portion is oversubscribed.

How to subscribe Teamtech Formwork Solutions Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 May 2026 and closes 21 May 2026. Min investment: ₹126,000 (1 lot = 2,000 shares). UPI mandate: 5:00 PM on 21 May 2026.

How many times Teamtech Formwork Solutions Ltd IPO subscribed?

The Teamtech Formwork Solutions Ltd IPO subscribed 7.01x overall. QIB: 4.28x, NII: 12.79x, Retail: 6.10x. Applications: from NSE/BSE.

How to check Teamtech Formwork Solutions Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 22 May 2026. Refunds: on 25 May 2026.

When Teamtech Formwork Solutions Ltd IPO will be listed?

The Teamtech Formwork Solutions Ltd IPO listing date is 26 May 2026, Tuesday. Listed on: NSE SME. Issue price: ₹63. Estimated listing: ₹63. GMP: NIL.

When Teamtech Formwork Solutions Ltd IPO close?

The Teamtech Formwork Solutions Ltd IPO closes on 21 May 2026, Thursday. UPI mandate: 5:00 PM on 21 May 2026. Allotment: 22 May 2026. Listing: 26 May 2026.