Teamtech Formwork Solutions Ltd.
SMENSE₹61–63
₹ 36 Cr
4000 Shares
₹ 2,44,000
₹5
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 5,366.11 | 3,270.87 | |
| 56.98 | 26.73 | |
| 5,423.09 | 3,297.6 | |
| 3,614.27 | 2,346.37 | |
| 1,591.45 | 800.62 | |
| 1,158.99 | 783.77 |
Subscription Details
IPO Timeline
IPO Offer Start
19 May 2026
IPO Offer Ends
21 May 2026
26 May 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding of Capital Expenditure towards purchase of Plant and Machineries for new | 119.235 |
| 2 | Repayment/prepayment of all or certain of our borrowing availed by your company | 155 |
| 3 | To meet the working capital requirements | 137.688 |
| 4 | General Corporate Purpose | 42.936 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
81.25%
Promoter stake
Post-IPO
59.67%
Promoter stake
Offered to Public
56,94,000
shares
Post Share Capital
1,78,88,000
shares
IPO Registrar
KFIN Technologies Ltd.
About the Company
Our Company operates on business-to-business (“B2B”) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Formwork systems serve as temporary moulds that support and shape concrete which is poured into it until it attains the desired structural form (It provides support until the concrete gains enough strength to sustain its own weight and any imposed loads), making them an essential component of modern construction activities. We provide modular T formwork systems, including customised design, and technical support for projects. In addition to manufacturing new formwork systems, we also undertake refurbishment and reconditioning of used formwork, activities enabling customers to extend product life. The Company also offers a rental model, allowing customers to access formwork solutions without capital expenditure. Presently, the Company manufactures vertical modular T formwork systems which are only suitable for a wide range of vertical concrete structures. These systems are used for foundations, walls, shafts, tanks, bridges, circular walls and various other structural elements. With a balanced and versatile range of panels, our formwork can be easily adapted to diverse project layouts, configurations and cross-sections, supporting faster and more efficient construction execution
Use of Proceeds
1.Funding of Capital Expenditure towards purchase of Plant and Machineries for Expansion of new manufacturing unit. 2.Repayment/prepayment of all or certain of our borrowing availed by our company. 3.To meet the Company’s fresh working capital requirements in line with its projected business growth and operational needs.4.General Corporate Purpose
Teamtech Formwork Solutions Ltd. Latest News
IPO FAQs
The Teamtech Formwork Solutions Ltd. IPO has a total of ₹36 crore, calculated at the upper end of the .
The Teamtech Formwork Solutions Ltd. IPO is priced at ₹61–63 per share. bids must fall within this , against a of ₹5 per share.
The for the Teamtech Formwork Solutions Ltd. IPO is 4,000 shares, which is also the minimum order quantity — you have to apply for at least 4,000 shares, and in multiples of 4,000 beyond that.
The minimum investment in the Teamtech Formwork Solutions Ltd. IPO is about ₹2,44,000 — one lot of 4,000 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Teamtech Formwork Solutions Ltd. opens on 19 May 2026 and closes on 21 May 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Teamtech Formwork Solutions Ltd. shares were listed on 26 May 2026 on NSE.
KFIN Technologies Ltd. is the for the Teamtech Formwork Solutions Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Teamtech Formwork Solutions Ltd. IPO shares are listed on NSE.
Each Teamtech Formwork Solutions Ltd. share has a of ₹5.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 81.25% of Teamtech Formwork Solutions Ltd. before the IPO, which falls to 59.67% after the issue.
56,94,000 shares of Teamtech Formwork Solutions Ltd. are being offered to the public in this issue.
- 1.Funding of Capital Expenditure towards purchase of Plant and Machineries for Expansion of new manufacturing unit
- 2.Repayment/prepayment of all or certain of our borrowing availed by our company
- 3.To meet the Company’s fresh working capital requirements in line with its projected business growth and operational needs
- 4.General Corporate Purpose
Getfive Advisors Pvt Ltd. (Formally known as Aavanya Advisors Pvt Ltd.) is the book running lead manager for the Teamtech Formwork Solutions Ltd. IPO.
Pre-apply means placing your Teamtech Formwork Solutions Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Teamtech Formwork Solutions Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Teamtech Formwork Solutions Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.