Teamtech Formwork IPO Listing Details
| Listing Date | May 26, 2026 |
| NSE Code | TEAMTECH |
| ISIN Code | INE2OL601013 |
| Offer Price | ₹61 to ₹63 Per Share |
| Face Value | ₹5 |
| Listing Price | ₹75 |
Teamtech Formwork IPO details
Teamtech Formwork received SEBI approval for an IPO of ₹50.15 crores comprising a fresh issue of ₹50.15 crores with a face value of ₹5 each. The Company has a price band of ₹61 to ₹63 per share.
How many shares did investors receive in this IPO?
Retail minimum & maximum investors got 4,000 shares in 2 lot sizes. S-HNI Minimum category consisted of 6,000 shares, 3 lot size. S-HNI Maximum shares 14000 in 7 lot sizes. B-HNI Minimum category received 16000 shares in 8 lot sizes.
To invest in the Teamtech Formwork IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ₹2,52,000.
- S-HNI Minimum : investment of ₹3,78,000.
- S-HNI Maximum : investment of ₹8,82,000.
- B-HNI Minimum : Investment of ₹10,08,000.
Teamtech Formwork IPO Subscription Duration
Teamtech Formwork IPO subscription started on May 19, 2026, and closed on May 21, 2026. The Teamtech Formwork IPO allotment date was May 22, 2026, and the refund will be received on May 25, 2026. The Teamtech Formwork IPO listing is on May 26, 2026.
About the Teamtech Formwork IPO Company
Established in November 2018, Teamtech Formwork Solutions operates in the construction industry and specialises in manufacturing, refurbishing, and renting formwork systems for construction projects. The company offers modular T-formwork, customised formwork solutions, and a wide range of related accessories.
The firm buys, rents, and refurbishes old used formwork systems so they can be reused for a long 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.