The Teamtech Formwork IPO minimum market lot is 4,000 shares with ā¹2,52,000 application amount. The Teamtech Formwork IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Since its establishment in November 2018, Teamtech Formwork Solutions has been engaged in the construction industry. The firm basically manufactures, refurbishes, and rents formwork systems used in construction projects. The company provides modular T formwork, customized formwork, and various other accessories.
The firm buys, rents, and refurbishes old used formwork systems so that they can be reused for a long period of time. Moreover, the firm also allows construction companies to rent the formwork equipment without spending a large amount. Teamtech Formwork sells a wide range of modular T Formwork systems for various concrete structures, such as foundations, walls, shafts, tanks, bridges, and circular walls. In simple terms, the firm mainly sells, rents, and refurbishes the formwork solutions, supporting the construction industry.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Teamtech Formwork IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Teamtech Formwork IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Teamtech Formwork IPO Review and Rating
- May Apply For Long-term View
Teamtech Formwork IPO Form
How to apply for the Teamtech Formwork IPO? You can apply for Teamtech Formwork IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Teamtech Formwork IPO in the Invest section. The other option is you can apply for Teamtech Formwork IPO via IPO forms downloaded online. Check out the Teamtech Formwork forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
