Teamtech Formwork IPO Date, Review, Price, Allotment Details

Teamtech Formwork IPO open date is May 19, 2026 and the IPO will close on May 21, 2026. Teamtech Formwork Solutions IPO is a Bookbuilding Issue. The company to raise around ₹50.15 crores via IPO that comprises fresh issue of ₹50.15 crores and offer for sale up to [.] equity shares with face value of ₹5 each.

Teamtech Formwork Solutions IPO price band is ₹61 to ₹63 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Teamtech Formwork Solutions IPO to list on BSE NSE on May 26, 2026. The allotment of Teamtech Formwork IPO date is May 22, 2026.

The company reported revenue of ₹54.23 crores in 2026 against ₹32.98 crores in 2025. The company reported profit of ₹11.59 crores in 2026 against profit of ₹7.84 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.

Teamtech Formwork Solutions IPO

Teamtech Formwork IPO Details

IPO Open DateMay 19, 2026
IPO Close DateMay 21, 2026
Face Value₹5 Per Equity Share
IPO Price Band₹61 to ₹63 Per Share
Issue SizeApprox ₹50.15 Crores, 79,60,000Ā  Equity Shares
Fresh IssueApprox ₹50.15 Crores, 79,60,000Ā  Equity Shares
Issue TypeBook Building Issue
IPO ListingNSE SME
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Teamtech Formwork Solutions IPO Review & Key Points

  • Review:

Teamtech Formwork Solutions IPO Market Lot

The Teamtech Formwork Solutions IPO minimum market lot is 4,000 shares with ₹2,52,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum24,000₹2,52,000
Retail Maximum24,000₹2,52,000
S-HNI Minimum36,000₹3,78,000
S-HNI Maximum₹-
B-HNI Minimum₹-

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares50%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares35%

Teamtech Formwork Solutions IPO Anchor Investors

Anchor Bidding DateMay 18, 2026
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2026
lock-in period end date 50% shares (90 Days) 2026

Teamtech Formwork Solutions IPO Dates

The Teamtech Formwork Solutions IPO date is May 19 and the close date is May 21. The Teamtech Formwork Solutions IPO allotment will be finalized on May 22 and the IPO listing on May 26.

IPO Open Date:May 19, 2026
IPO Close Date:May 21, 2026
Basis of Allotment:May 22, 2026
Refunds:May 25, 2026
Credit to Demat Account:May 25, 2026
IPO Listing Date:May 26, 2026
IPO Bidding Cut-off Time:May 21, 2026 – 5 PM

Promoters and Holding Pattern

The promoters of the company are ldo Varghese, Chaitanya Prakash Kotagiri, and Salinraj Kunnummal.

ParticularShares% Share
Promoter Holding Pre Issue2,20,16,00081.25%
Promoter Holding Post Issue2,99,76,000-%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit₹11.81
Repayment/prepayment of all or certain of the borrowing availed by your company₹15.50
To meet the working capital requirements₹13.08
General Corporate Purpose₹-

About Teamtech Formwork Solutions IPO

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. 

Teamtech Formwork Solutions IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2023₹20.06₹16.72₹2.95₹12.80
2024₹30.31₹22.31₹7.69₹24.96
2025₹32.98₹24.97₹7.84₹40.00
2026₹54.23₹38.32₹11.59₹66.75

Teamtech Formwork Solutions IPO Valuation – FY2026

Check Teamtech Formwork IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:42.26%
ROCE:40.92%
EBITDA Margin:32.61%
PAT Margin:21.60%
Debt to equity ratio: 0.50
Earning Per Share (EPS):₹5.26 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):34.89%
Net Asset Value (NAV):₹15.09

Peer Group Comparison

  • There are no listed companies in India.

IPO Lead Managers aka Merchant Bankers

  • GetFive Advisors Pvt.Ltd. 

Company Address

Teamtech Formwork Solutions Ltd.
3rd Floor, Plot No. 1050/1, Sree Sai Enclave,
Survey No., 163/Part, Durgamatha House Building
Cooperative, Housing Society Ltd, Hydernagar,
Hyderabad, Telangana, 500049
Phone: +91 7801046161
Email: complianceofficer@teamtechengg.com
Website: https://teamtechengg.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: teamtech.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

Teamtech Formwork Solutions IPO FAQs

What is Teamtech Formwork Solutions IPO?

Teamtech Formwork IPO is SME IPO. The company is going to raise ₹50.15 Crores via IPO. The issue is priced at ₹61 to ₹63 per equity share. The IPO is to be listed on NSE SME.

When Teamtech Formwork Solutions IPO will open for subscription?

The IPO is to open on May 19, 2026 for QIB, NII, and Retail Investors. The IPO will close on May 21, 2026.

What is Teamtech Formwork Solutions IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Teamtech Formwork Solutions IPO?

You can apply for Teamtech Formwork Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Teamtech Formwork Solutions IPO Issue Size?

Teamtech Formwork Solutions IPO issue size is ₹50.15 crores.

What is Teamtech Formwork Solutions IPO Price Band?

Teamtech Formwork Solutions IPO Price Band is ā‚¹61 to ₹63.

What is Teamtech Formwork Solutions IPO Lot Size?

The minimum bid is 4,000 Shares with ₹2,52,000 amount.

What is the Teamtech Formwork Solutions IPO Allotment Date?

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

What is the Teamtech Formwork Solutions IPO Listing Date?

Teamtech Formwork Solutions IPO listing date is May 26, 2026. The IPO is to list on NSE SME.

Note: The Teamtech Formwork Solutions IPO price band and date are officially announced. The (Teamtech Formwork Solutions IPO grey market premium) will be added to the IPO GMP page as it will start).

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Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
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Jagat Joshi

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