Allotment

Teamtech Formwork IPO open date is May 19, 2026 and the IPO will close on May 21, 2026. Teamtech Formwork Solutions IPO is a Bookbuilding Issue. The company to raise around ₹50.15 crores via IPO that comprises fresh issue of ₹50.15 crores and offer for sale up to [.] equity shares with face value of ₹5 each.
Teamtech Formwork Solutions IPO price band is ₹61 to ₹63 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Teamtech Formwork Solutions IPO to list on BSE NSE on May 26, 2026. The allotment of Teamtech Formwork IPO date is May 22, 2026.
The company reported revenue of ₹54.23 crores in 2026 against ₹32.98 crores in 2025. The company reported profit of ₹11.59 crores in 2026 against profit of ₹7.84 crores in 2025. As per the financials, IPO investors should apply the IPO for a long term.
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| IPO Date | 26 May |
| IPO Listing Date | 26 May |
| IPO Face Value | ₹5 Per Equity Share |
| IPO Price Range | ₹63.00 |
| IPO Issue Size | 79,60,000 |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | - |
| IPO Issue Type | Book build Issue |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 81,74,128 shares |
| IPO Open Date | 19 May |
| IPO Close Date | 21 May |
| IPO Allotment (Tentative) | 22 May |
| Refunds | 25 May |
| Credit to Demat Account | 25 May |
| IPO Listing Date | 26 May |
| Category | Offer |
|---|---|
| QIB Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Retail Shares Offered | - |
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,78,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Since its establishment in November 2018, Teamtech Formwork Solutions has been operating in the construction equipment segment with a focus on formwork systems. The company is engaged in the manufacturing, refurbishment, and rental of formwork solutions used across various infrastructure and building projects. Its product portfolio includes modular T formwork systems, customized formwork solutions, and a range of supporting accessories designed to meet diverse construction requirements.
The company also emphasizes cost efficiency and sustainability by purchasing, refurbishing, and reusing old formwork systems, extending their lifecycle and reducing waste. It offers rental options that allow construction companies to access high-quality equipment without heavy capital investment. Teamtech Formwork Solutions provides formwork systems for foundations, walls, shafts, tanks, bridges, and circular structures, supporting a wide range of concrete construction applications with flexible and reusable solutions.
| Assets | 66.75 | 40 | 24.96 |
| Total Income | 54.23 | 32.98 | 30.31 |
| Profit After Tax | 11.59 | 7.84 | 7.69 |
| EBITDA | 17.5 | 9.24 | 9.11 |
| Net Worth | 33.22 | 21.63 | 13.79 |
| Reserves and Surplus | 22.21 | 19.07 | 11.23 |
| Total Borrowing | 16.68 | 11.1 | 3.64 |
| ROE | 42.26% |
| ROCE | 40.92% |
| Debt/Equity | 0.5 |
| RoNW | 34.89% |
| PAT Margin | 21.60% |
| EBITDA Margin | 32.61% |
| Price to book value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | ₹11.81 |
| 2 | To meet out the expenses of Working Capital Requirement | ₹13.08 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Teamtech Formwork Solutions Ltd.
3rd Floor, Plot No. 1050/1, Sree Sai Enclave,
Survey No., 163/Part, Durgamatha House Building
Cooperative, Housing Society Ltd, Hydernagar,
Hyderabad, Telangana, 500049
Phone: +91 7801046161
Email: complianceofficer@teamtechengg.com
Website: https://teamtechengg.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: teamtech.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/