The CMR Green Technologies IPO GMP (Grey Market Premium) has started in the grey market,…
Teamtech Formwork IPO GMP Day-2: Grey Market Premium
Check out Teamtech Formwork IPO GMP, also known as IPO Grey Market Premium, along with Kostak rates and Subject to Sauda rates as of today. Teamtech Formwork IPO GMP has not started in the grey market yet, so investors may wait for further IPO market activity updates. Stay tuned for the latest GMP numbers and grey market trends of Teamtech Formwork IPO.
Teamtech Formwork IPO is scheduled to open on May 19, 2026. It is an SME IPO expected to raise ₹50.15 crores. The IPO price band has been fixed at ₹61 to ₹63 per equity share with a market lot of 4,000 shares.
Teamtech Formwork IPO GMP Live Rates day by day.
| Date | IPO GMP | GMP Trend | Gain |
|---|---|---|---|
| 20 May | ₹- | – | -% |
| 19 May | ₹- | – | -% |
| 18 May | ₹- | – | -% |
| 16 May | ₹- | – | -% |
| 15 May | ₹- | – | -% |
| 14 May | ₹- | – | -% |
| 13 May | ₹- | – | -% |
Teamtech Formwork IPO Details
| IPO Open Date | May 19, 2026 |
| IPO Close Date | May 21, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹61 to ₹63 Per Share |
| Issue Size | Approx ₹50.15 Crores, 79,60,000 Equity Shares |
| Fresh Issue | Approx ₹50.15 Crores, 79,60,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
Teamtech Formwork IPO Dates
| IPO Open Date: | May 19, 2026 |
| IPO Close Date: | May 21, 2026 |
| Basis of Allotment: | May 22, 2026 |
| Refunds: | May 25, 2026 |
| Credit to Demat Account: | May 25, 2026 |
| IPO Listing Date: | May 26, 2026 |
About Company
Teamtech Formwork Solutions is a Hyderabad-based construction technology company established by experienced professionals from the formwork industry with a vision to modernize construction practices through advanced engineering solutions. The company specializes in manufacturing technologically advanced system formwork products designed to improve construction efficiency, reduce project timelines, and enhance structural quality. With modern manufacturing facilities located in Telangana, Teamtech is strategically positioned to cater to clients across India and international markets. The company focuses on delivering durable, reliable, and user-friendly formwork systems that support better execution of construction projects across multiple sectors.
Supported by more than three decades of industry expertise, Teamtech Formwork Solutions aims to replace conventional construction methods with innovative and sustainable formwork technologies. Its advanced systems help reduce labor dependency, improve surface finishing, and accelerate project completion while maintaining high quality standards. Guided by its purpose statement, “Shaping Concrete Future,” the company continues to focus on innovation, operational efficiency, and customer satisfaction. Through technology-driven solutions and a skilled professional team, Teamtech remains committed to supporting the evolving requirements of the modern construction industry.
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