Minimum Investment
₹126,000
Price Range
₹61 to ₹63
Lot Size
2000 shares
Issue Size
₹50 Cr
About the Company
Incorporated in November 2018, Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model, manufacturing, refurbishing, and renting modular T formwork and customised formwork systems for the construction industry.
Bookbuilding IPO
IPO Objectives
- Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
- Repayment/prepayment of all or certain of the borrowing availed by your company To meet the working capital requirements
- General Corporate Purpose
Important Dates
| Bid/Offer Opens On | 19-05-2026 |
| Bid/Offer Closes On | 21-05-2026 |
| Finalisation of Basis of Allotment | 22-05-2026 |
| Initiation of Refunds | 25-05-2026 |
| Credit of Shares to Demat | 25-05-2026 |
| IPO Listing Date | 26-05-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 1,512,000 | 6,478,000 | 4.28x |
| NII | 1,134,000 | 14,908,000 | 13.15x |
| NII ( >10 lakh) | 756,000 | 11,792,000 | 15.60x |
| NII ( <10 lakh) | 378,000 | 3,116,000 | 8.24x |
| Retail | 2,648,000 | 0 | 0.00x |
| Total | 5,294,000 | 21,386,000 | 4.04x |
Frequently asked questions
What is the Teamtech Formwork Solutions IPO (NSE SME) IPO lot size?
The lot size is 2000 shares with a minimum investment of ₹126,000.
When does the Teamtech Formwork Solutions IPO (NSE SME) IPO open and close?
Bidding is scheduled from 19-05-2026 to 21-05-2026 (subject to exchange updates).
How can I apply for the Teamtech Formwork Solutions IPO (NSE SME) IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Teamtech Formwork Solutions IPO (NSE SME) IPO listing date?
Shares are expected to list on 26-05-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
₹1.00
per share
Registrar
Kfin Technologies Ltd.
Lead Managers
- GetFive Advisors Pvt.Ltd.
Company Promoters
- Eldo Varghese
- Chaitanya Prakash Kotagiri
- Salinraj Kunnummal.\r\n
