Teamtech Formwork Solutions SME IPO GMP History | Listing Price ₹71 & Kostak Rate
Teamtech Formwork Solutions SME IPO has been listed on May 26, 2026 at a listing price of ₹71, against the issue price of ₹63 — a gain of ₹8 (+12.7%). The GMP peaked at ₹0 on 25 May 2026 and reached a low of ₹0 on 25 May 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Teamtech Formwork Solutions SME IPO raised ₹50 Cr. through its IPO at a price band of ₹61 to ₹63 per share, with a lot size of 2000 shares. The IPO was open for subscription from 19 May 2026 to 21 May 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:55 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 25 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 23 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 22 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 21 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 20 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 19 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 18 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 15 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 14 May 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
Teamtech Formwork Solutions SME IPO dates
Key dates from opening to listing. Today is 25 September.
- Open 19 May 2026
- Close 21 May 2026
- Allotment 22 May 2026
- Refund/credit 25 May 2026
- Listing 26 May 2026
Teamtech Formwork Solutions SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹63 |
|---|---|
| Listing gain / loss | +₹8 per share |
| Listing date | 26 May, 2026 |
| Actual listing price | ₹71 (+12.7%) |
Is Teamtech Formwork Solutions SME IPO GMP reliable?
Grey market premium for Teamtech Formwork Solutions SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Teamtech Formwork Solutions SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Teamtech Formwork Solutions SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Teamtech Formwork Solutions SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Teamtech Formwork Solutions SME IPO
Teamtech Formwork Solutions is an engineering and construction support company engaged in providing modern formwork and scaffolding solutions for the infrastructure and real estate sector. The company was established to cater to the growing demand for efficient and cost-effective construction systems in India. Over the years, it has developed expertise in designing, manufacturing, refurbishing and supplying modular formwork products for residential, commercial and infrastructure projects.
The company offers a wide range of aluminium and steel formwork systems, scaffolding products and related construction solutions. It operates on a business model that includes manufacturing, rental and project-based services, helping construction companies reduce project timelines and labour costs. The business is promoted by experienced industry professionals who focus on quality standards, customer relationships and expanding the company’s presence across major construction markets in India.
Frequently asked
What is the GMP of Teamtech Formwork Solutions SME IPO?
The current Grey Market Premium (GMP) of Teamtech Formwork Solutions SME IPO is not yet started or active in the market.
What is the Kostak Price of Teamtech Formwork Solutions SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Teamtech Formwork Solutions SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Teamtech Formwork Solutions SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Teamtech Formwork Solutions SME IPO?
Teamtech Formwork Solutions SME IPO listed on May 26, 2026 at ₹71, against the issue price of ₹63 — a gain of +12.7%.
How did the GMP of Teamtech Formwork Solutions SME IPO trend before listing?
The GMP of Teamtech Formwork Solutions SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 25 May 2026. View the day-wise table above for the complete GMP history.
Explore Teamtech Formwork Solutions SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
