The UHM Vacation IPO is scheduled to open for subscription on June 4, 2026, and…
Teamtech Formwork IPO Date, Review, Price, Allotment Details
Teamtech Formwork Solutions IPO is expected to open in 2026 and will close in 2026. It is a Bookbuilding Issue through which the company plans to raise around ₹[.] crores. The IPO comprises a fresh issue of ₹[.] crores along with an offer for sale of up to [.] equity shares having a face value of ₹5 each.
The Teamtech Formwork Solutions IPO price band is fixed at ₹[.] per share. The retail investor quota is 35%, QIB quota is 50%, and HNI quota is 15%. Teamtech Formwork Solutions IPO is proposed to be listed on BSE and NSE in 2026, while the IPO allotment date is also scheduled for 2026.
As per the financial performance, the company reported revenue of ₹32.98 crores in 2025 compared to ₹30.31 crores in 2024. The company posted a profit of ₹7.84 crores in 2025 against a profit of ₹7.69 crores in 2024. Based on the company’s financials, investors may consider this IPO from a long-term perspective.
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 | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹[.] Crores, 79,60,000 Equity Shares |
| Fresh Issue | Approx ₹[.] Crores, 79,60,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
Teamtech Formwork Solutions 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 |
| IPO Bidding Cut-off Time: | May 21, 2026 – 5 PM |
Company Overview
Teamtech Formwork Solutions is a Hyderabad-based company founded by experienced professionals from the formwork industry with the aim of transforming construction practices through advanced and technology-driven solutions. The company specializes in manufacturing modern system formwork solutions that improve construction quality, reduce project timelines, and increase cost efficiency. With state-of-the-art manufacturing facilities located in Telangana, TEAMTECH is strategically positioned to serve customers across India as well as international markets. Its focus on innovation, durability, and user-friendly formwork systems helps construction companies achieve better project execution and improved structural quality.
Backed by more than three decades of industry experience, Teamtech Formwork Solutions is committed to replacing traditional construction methods with advanced and sustainable formwork technologies. The company’s solutions are designed to reduce labour dependency, improve concrete finishing, and support faster project completion. Guided by its vision of “Shaping Concrete Future,” TEAMTECH continues to provide reliable, efficient, and high-quality formwork systems tailored to the evolving needs of the modern construction industry.
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