Teamtech Formwork Solutions
26 May '26SME
Min. Investment
₹2,44,000
Issue size
₹50.15 Cr
GMP
Locked
Overall subscription: 3.88x
Check allotment status
Expert verdict
IPO dates
19 May
Opening
21 May
Closing
22 May
Allotment
26 May
Listing
*Refunds will be initiated on 25 May '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,52,000 |
Subscription (as on 26 May 2026, 07:04 AM)
Overall3.88x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2018|MD: Mr Eldo Varghese
- Teamtech Formwork Solutions Limited is engaged in the manufacturing, refurbishing, and rental of modular T formwork and customised formwork systems used in the construction industry. The company operates on a B2B model and provides vertical modular T formwork systems used for foundations, walls, shafts, tanks, bridges, circular walls, and other vertical concrete structures. Its offerings include standard panels, customised panels, accessories, refurbishment and reconditioning services, and rental-based formwork solutions.
- The company also provides formwork design support and project planning through software used for estimating panel requirements and project layouts. Teamtech Formwork Solutions operates an in-house manufacturing and assembly facility spread across 20,000 sq. ft. at IDA Bollaram, Sangareddy District, Telangana. The facility is equipped with machinery such as laser machines and plywood cutting equipment for manufacturing and refurbishment activities. The company was originally established as a partnership firm in 2017 and was converted into a public limited company in 2025.
Issue Details & Objective
Lot size
2000 Shares
Price band
₹61 to 63
Face value
₹5 per share
Financials
IPO reservation
Anchor investor - 28.47%
QIB - 18.99%
HNI - 14.25%
Retail - 33.27%
Download DRHP (IPO Doc)FAQs
Should I apply for the Teamtech Formwork Solutions IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Teamtech Formwork Solutions IPO?
The issue size of Teamtech Formwork Solutions IPO is ₹50.15 Cr
What are the open and close dates for Teamtech Formwork Solutions IPO?
The Teamtech Formwork Solutions IPO will be open for applications from 19 May '26 to 21 May '26
What is the lot size and minimum order quantity of Teamtech Formwork Solutions IPO?
The lot size of Teamtech Formwork Solutions IPO is 2000 Shares and its minimum investment amount is ₹2,44,000.
What is the GMP value of Teamtech Formwork Solutions IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Teamtech Formwork Solutions IPO is 19.05
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