Teamtech Formwork Solutions IPO Allotment Status Check Online 22 May 2026: GMP, Subscription, Price and More

The Teamtech Formwork Solutions IPO closed for subscription on 21 May 2026 (Day 3). The Rs 50.15 crore NSE SME IPO received Day 1 subscription of 0.35 times (18.50 lakh bids against 52.94 lakh shares on offer) with QIB-led demand, and the Day 3 close brought final subscription numbers. The allotment for the Teamtech Formwork Solutions IPO is expected to be finalised TODAY on 22 May 2026. Check your Teamtech Formwork Solutions IPO allotment status online using the KFin Technologies registrar portal, the BSE website or the NSE website.

Teamtech Formwork Solutions IPO Allotment Status

The Teamtech Formwork Solutions IPO allotment is being finalised on 22 May 2026. KFin Technologies Limited, the registrar for this IPO, has been tasked with computing the basis of allotment and crediting shares to successful allottees’ demat accounts. As per SEBI’s T+3 listing rule applicable to SME IPOs, the shares will be credited within three business days of the subscription close (21 May), making 25 May the share credit date and 26 May the listing date on NSE SME.

Investors can check the Teamtech Formwork Solutions IPO allotment status on the official KFin Technologies registrar portal, the BSE website or the NSE website. All three methods require either your PAN card number, application number or DP Client ID.

Check Allotment Status on the Registrar Portal (KFin Technologies)

KFin Technologies Limited is the registrar for the Teamtech Formwork Solutions IPO. Follow the steps below to check your allotment status on the KFin Technologies portal.

• Step 1: Visit the KFin Technologies IPO allotment portal at kfintech.com/ipostatus
• Step 2: Select Teamtech Formwork Solutions IPO from the dropdown list of IPOs
• Step 3: Choose your preferred search option: Application Number, PAN Card Number or DP/Client ID
• Step 4: Enter your details in the field provided
• Step 5: Enter the captcha code and click the Submit button

The Teamtech Formwork Solutions IPO allotment status will be displayed on your screen, showing whether shares have been allotted to your application.

Track Teamtech Formwork Solutions IPO allotment, GMP and listing data on the Check the Univest Screener for live data.

Check Allotment Status on BSE

Follow the steps below to check your Teamtech Formwork Solutions IPO allotment status on the official BSE (Bombay Stock Exchange) website.

• Step 1: Visit the BSE website at bseindia.com
• Step 2: Go to the Investors section and select IPO / FPO Status
• Step 3: Select Issue Type as Equity
• Step 4: Scroll through the issue names and select Teamtech Formwork Solutions IPO
• Step 5: Select Application Number or PAN Card as your search mode
• Step 6: Enter your details and click on Search

The Teamtech Formwork Solutions IPO allotment status will appear on your screen.

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Check Allotment Status on NSE

Follow the steps below to check your Teamtech Formwork Solutions IPO allotment status on the official NSE (National Stock Exchange) website.

• Step 1: Visit the NSE Official Website at nseindia.com
• Step 2: Navigate to the IPO section under Market Data
• Step 3: Select Issue Type as Equity
• Step 4: Scroll down and select Teamtech Formwork Solutions IPO from the list
• Step 5: Choose your search mode: Application Number or PAN Card
• Step 6: Submit your information

The Teamtech Formwork Solutions IPO allotment status will be displayed on your screen.

Teamtech Formwork Solutions IPO Details

• IPO Open Date: 19 May 2026
• IPO Close Date: 21 May 2026
• Allotment Date: 22 May 2026 (Today)
• Share Credit Date: 25 May 2026
• Refund Initiation: 25 May 2026
• Listing Date: 26 May 2026 on NSE SME
• Face Value: Rs 5 per share
• Price Band: Rs 61 to Rs 63 per share
• Lot Size: 2,000 shares per lot
• Minimum Retail Application: 2 lots (4,000 shares) = Rs 2,52,000
• Issue Type: Book Built Issue (100% fresh issue, no OFS)
• Listing Exchange: NSE SME
• Issue Size: Rs 50.15 crore (79.60 lakh shares)
• Registrar: KFin Technologies Limited
• Lead Manager: GetFive Advisors Pvt Ltd
• Anchor Investors: Rs 14.28 crore raised from 9 anchor investors on 16 May 2026

Teamtech Formwork Solutions IPO Share Reservation

The Teamtech Formwork Solutions IPO is a book-built SME issue with the following allocation across investor categories. SEBI has specified share reservation criteria for each category as detailed below.

• QIB Shares (50% of net offer): Approximately 37,80,000 shares
• NII/HNI Shares (15% of net offer): Approximately 11,34,000 shares
• Retail Shares (35% of net offer): Approximately 26,46,000 shares
• Market Maker Firm Allotment: 4,00,000 shares (SMC Global Securities Ltd)
• Total Shares Offered: 79,60,000 shares

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Teamtech Formwork Solutions IPO GMP

As of 21 May 2026, the Teamtech Formwork Solutions IPO GMP stands at Rs 0 per IndiaIPO, with IPOUp citing a marginal Rs 1. With a nil to marginal grey market premium, the expected listing price is approximately Rs 63 to Rs 64, indicating the stock is likely to list at or near its issue price of Rs 63. The nil GMP reflects this IPO’s positioning as a fundamental B2B infrastructure play rather than a short-term listing-gain trade. The actual listing price on 26 May 2026 will depend on broader market conditions and Day 3 final subscription numbers.

• 21 May 2026: GMP Rs 0 (IndiaIPO) / Rs 1 (IPOUp) | Issue Price Rs 63 | Expected Listing Rs 63-64 | Estimated Gain 0-1.59%
• 20 May 2026: GMP Rs 0 | Issue Price Rs 63 | Expected Listing Rs 63
• 19 May 2026: GMP Rs 0 | Issue Price Rs 63 | Expected Listing Rs 63

Teamtech Formwork Solutions IPO Subscription Status

The Teamtech Formwork Solutions IPO subscription closed on 21 May 2026 with the following subscription data confirmed across the three-day window. Day 1 (19 May) subscription was 0.35 times with 18.50 lakh bids received against 52.94 lakh shares on offer as of 1:15 PM per HDFC Sky exchange data, with QIB-led demand confirmed. The Rs 14.28 crore anchor book subscribed by nine institutional investors on 16 May 2026 provides the institutional credibility foundation for the issue.

• Day 1 Overall (19 May, 1:15 PM): 0.35 times (18.50L bids vs 52.94L shares, QIB-led per HDFC Sky)
• Day 2 Overall (20 May): Data building — QIB and NII subscriptions expected to build
• Day 3 Final (21 May, close 5 PM): Final subscription data available on NSE website after 6 PM on 21 May
• Anchor Investors: Rs 14.28 crore from 9 institutional investors on 16 May 2026

About Teamtech Formwork Solutions: The Business

Teamtech Formwork Solutions Limited, incorporated in November 2018 in Hyderabad, Telangana, is a B2B manufacturer, refurbisher and rental provider of modular T-formwork systems for India’s construction and infrastructure sector. The company’s products serve as temporary concrete moulds for walls, bridges, tanks, foundations and circular structures in residential, commercial and infrastructure projects across India and select international markets.

The company operates from a 20,000 sq. ft. facility in Bollaram, Telangana, equipped with laser cutting machinery and advanced fabrication equipment. Three revenue streams — manufacturing of new formwork systems, refurbishment of used systems and rental of formwork for project durations — provide diversification and recurring revenue characteristics. FY26 revenue grew 64 percent year on year to Rs 54.23 crore (from Rs 32.98 crore in FY25) and FY26 PAT grew 48 percent to Rs 11.59 crore (from Rs 7.84 crore in FY25). The nine anchor investors and Rs 14.28 crore anchor allocation confirm institutional validation of the business model.

• FY26 Revenue: Rs 54.23 crore (+64% YoY) | FY25: Rs 32.98 crore | FY24: Rs 30.31 crore
• FY26 PAT: Rs 11.59 crore (+48% YoY) | FY25: Rs 7.84 crore | FY24: Rs 7.69 crore
• FY26 Total Assets: Rs 66.75 crore | FY25: Rs 40 crore | FY24: Rs 24.96 crore
• FY26 Borrowings: Rs 16.68 crore | FY25: Rs 11.10 crore | FY24: Rs 3.64 crore
• Business Model: B2B manufacturing + refurbishment + rental of T-formwork systems
• Facility: 20,000 sq. ft., Bollaram, Hyderabad, Telangana

What Happens After Allotment

Once the Teamtech Formwork Solutions IPO allotment is finalised today (22 May), the following timeline applies for investors who received allotment and those who did not.

• Allotment Finalisation: 22 May 2026 (Today) — basis of allotment computed by KFin Technologies
• Refund Initiation: 25 May 2026 — blocked funds released to non-allottees’ bank accounts via ASBA mechanism
• Share Credit: 25 May 2026 — allotted shares credited to successful investors’ demat accounts
• Listing: 26 May 2026 — NSE SME trading begins at 9:15 AM IST

For investors who did not receive allotment, the ASBA mandate block will be released automatically to your linked bank account on 25 May 2026. No manual action is required. For investors who received allotment, monitor the NSE SME opening price on 26 May 2026 and decide whether to hold for the long-term infrastructure formwork thesis or exit at the listing price. Consult a SEBI-registered advisor before making any decision at listing.

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Conclusion

The Teamtech Formwork Solutions IPO allotment is being finalised today (22 May 2026). Check your allotment status on the KFin Technologies registrar portal, the BSE website or the NSE website using your PAN card number or application number. The Rs 50.15 crore NSE SME issue saw Day 1 subscription of 0.35 times (QIB-led) with nine anchor investors backing Rs 14.28 crore. GMP is nil to Rs 1, suggesting a listing near the Rs 63 issue price on 26 May. FY26 revenue +64% and PAT +48% confirm the strong fundamental case for the B2B infrastructure formwork business. Track the live listing data on Univest on 26 May 2026.

FAQs on Teamtech Formwork Solutions IPO Allotment Status

When is the Teamtech Formwork Solutions IPO allotment date?

Ans. The Teamtech Formwork Solutions IPO allotment date is 22 May 2026 (today). Shares will be credited to successful allottees’ demat accounts on 25 May 2026. Refunds to non-allottees will also be initiated on 25 May.

How do I check my Teamtech Formwork Solutions IPO allotment status?

Ans. You can check your Teamtech Formwork Solutions IPO allotment status in three ways: (1) Visit the KFin Technologies portal at kfintech.com/ipostatus, select the IPO and enter your PAN or application number; (2) Visit bseindia.com and navigate to the IPO status section; (3) Visit nseindia.com and check under Market Data – IPO. All three methods require your PAN card number, application number or DP Client ID.

What is the Teamtech Formwork Solutions IPO listing date?

Ans. The Teamtech Formwork Solutions IPO lists on NSE SME on 26 May 2026. Shares will be credited to demat accounts on 25 May. The GMP is Rs 0 to Rs 1, suggesting a listing near the Rs 63 issue price.

What was the Teamtech Formwork Solutions IPO subscription?

Ans. Teamtech Formwork Solutions IPO Day 1 (19 May) subscription was 0.35 times with 18.50 lakh bids per HDFC Sky, led by QIB demand. Final Day 3 subscription data (21 May close) is available on the NSE website. The Rs 14.28 crore anchor book was subscribed by nine institutional investors on 16 May 2026.

Who is the registrar for Teamtech Formwork Solutions IPO?

Ans. KFin Technologies Limited is the registrar for the Teamtech Formwork Solutions IPO. Visit kfintech.com/ipostatus to check your allotment status. The market maker for the issue is SMC Global Securities Limited.