IPO

Teamtech Formwork Solutions Ltd. IPO

Teamtech Formwork Solutions Ltd., established in 2018, operates in the Construction, Contracting & Engineering sector. The company's IPO will open on May 19, 2026 and close on May 21, 2026, with an ... Read more

Min Investment
₹ 1,26,000 / 2000 shares
Price Range
₹61 - ₹ 63
Bidding Dates
19 May '26 - 21 May '26
Total Issue Value
50.15 Cr
Lot Size
2,000
Total Issue Size
50.15 Cr
Listing At
NSE SME

IPO Timeline

  • 19 May 2026
    Bidding Starts
  • 21 May 2026
    Bidding Ends
  • 22 May 2026
    Allotment Finalization
  • 26 May 2026
    Listing

About Teamtech Formwork Solutions Ltd.

Parent organisation
Founded
Teamtech Formwork Solutions Ltd.
2018

Teamtech Formwork Solutions Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 22,66,000 (28.47%)
Market Makers 4,00,000 (5.03%)
Non Institutional Investors 11,34,000 (14.25%)
Qualified Institutional Buyers (QIBs) 15,12,000 (18.99%)
Retail Individual Investors (RIIs) 26,48,000 (33.27%)

Teamtech Formwork Solutions Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 54.23 Cr 11.59 Cr 22.21 Cr
31 Mar 2025 32.98 Cr 7.84 Cr 19.07 Cr
31 Mar 2024 30.31 Cr 7.69 Cr 11.23 Cr

Teamtech Formwork Solutions Ltd. Background

Major Events And Milestones
  • 2018
    Alteration of the Partnership Deed for induction of new partners and revision of the profit-sharing ratio among existing and incoming partners
    The Partnership was converted into a private limited company and was issued a fresh Certificate of Incorporation
  • 2019
    Introduced rental facility of formwork system
  • 2021
    Introduced Refurbishment facility of formwork system
  • 2022
    Started production of customized Pannel
    Purchase land for the expansion of production unit
  • 2023
    Leased Warehouse facility was added having area of 10,000 + sq. ft.
  • 2024
    Started construction of our new facility
  • 2025
    The Company was converted into a public limited company and a fresh Certificate of Incorporation was issued
Teamtech Formwork Solutions Ltd. Object of Issues

1. Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
2. Repayment/prepayment of all or certain of our borrowing availed by your company.
3. To meet the working capital requirements
4. General Corporate Purpose

Teamtech Formwork Solutions Ltd. IPO Listing Details
Listing Date
26 May 2026
NSE Symbol
TEAMTECH
ISIN
INE2OL601013
Final Issue Price
₹ 63
Teamtech Formwork Solutions Ltd. Company Promoters

1. Eldo Varghese
2. Chaitanya Prakash Kotagiri
3. Salinraj Kunnummal

Industry Overview

India’s construction sector plays a vital role in the country’s economic growth, addressing essential infrastructure requirements while generating significant employment. Public infrastructure strengthens connectivity, boosts trade, and improves living standards. The government has ... Read more

Teamtech Formwork Solutions Ltd. Contact Details
Address: 3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No., 163/Part, Durgamatha House Building Co-operative Housing Society Limited, Hydernagar, Balanagar Mandal, Kukatpally Municipal Circle, Ranga Reddy Medchal,Miyapur, Hyderabad Telangana - 500049
Phone no:7801046161
7801046161
|
Teamtech Formwork Solutions Ltd. IPO Registrar
KFin Technologies Ltd.
301, The Centrium, 3rd Floor, 57 Lal Bahadur, Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai Maharashtra - 400070
67162222
Teamtech Formwork Solutions Ltd. IPO Lead Manager(s)
Getfive Advisors Pvt. Ltd.
502, Abhishree Avenue, Nehru Nagar, Manekbag, Ahmedabad Gujarat - 380015
7990729901

FAQs

When does Teamtech Formwork Solutions Ltd. IPO opens and closes?

Teamtech Formwork Solutions Ltd. IPO opens from 19th May to 21st May 2026.

What is the size of Teamtech Formwork Solutions Ltd. IPO?

The size of the Teamtech Formwork Solutions Ltd. IPO is ₹50.15 Cr.

What is the price range of Teamtech Formwork Solutions Ltd. IPO?

The price range of Teamtech Formwork Solutions Ltd. IPO is at ₹61 to ₹63 per share.

What is the minimum investment and lot size required for the Teamtech Formwork Solutions Ltd. IPO?

The minimum investment required is ₹1,26,000 and minimum lot size is 2000 shares.

When is Teamtech Formwork Solutions Ltd. IPO listing date?

The Teamtech Formwork Solutions Ltd. IPO will be listed on 26th May 2026.

What is the objective of Teamtech Formwork Solutions Ltd. IPO?

1. Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
2. Repayment/prepayment of all or certain of our borrowing availed by your company.
3. To meet the working capital requirements
4. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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