IPO Listed — 26 May 2026
Listing Price: ₹71
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.
Table of Contents
- Teamtech Formwork Solutions SME IPO GMP Today
- Teamtech Formwork Solutions SME IPO GMP Trend History
- Teamtech Formwork Solutions SME IPO Dates
- Actual Listing Price
- Is Teamtech Formwork Solutions SME IPO GMP Reliable?
- Kostak Rate Explained
- About Teamtech Formwork Solutions SME IPO
- Frequently Asked Questions
GMP Trend Chart
Day-wise GMP Trend
| 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
| Event | Date |
|---|---|
| Open Date | 19 May, 2026 |
| Close Date | 21 May, 2026 |
| Allotment Date | 22 May, 2026 |
| Refund Date | 25 May, 2026 |
| Credit to Demat | 25 May, 2026 |
| Listing Date | 26 May, 2026 |
Teamtech Formwork Solutions SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹63 |
| Actual Listing Price | ₹71 (+12.7%) |
| Listing Gain / Loss | +₹8 per share |
| Listing Date | 26 May, 2026 |
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:
- Subscription 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?
- Timing 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.
- Grey 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.
- Cross-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 IPO Kostak Rate Explained
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
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.
Strengths & Risks
Strengths
- ✓ Strong presence in modular formwork and construction support solutions.
- ✓ Asset-light rental business model supports recurring revenue generation.
- ✓ Healthy EBITDA and PAT margins with consistent profitability growth.
- ✓ Experienced promoters with over 60 years combined industry experience.
- ✓ Growing infrastructure and real estate demand supports future business expansion.
Risks
- ⚠ Business depends heavily on construction and infrastructure sector demand.
- ⚠ Rising debt levels may impact future cash flow and profitability.
- ⚠ Operations are capital intensive with high working capital requirements.
- ⚠ Competition from organised and regional formwork solution providers remains high.
- ⚠ Delay in project execution can affect rental income and order flow.
Frequently Asked Questions about Teamtech Formwork Solutions SME IPO
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
For a complete picture before making your investment decision, explore these resources:
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