Teamtech Formwork Solutions IPO Subscription Status
The Teamtech Formwork Solutions IPO has been subscribed 4.71x times overall. Retail investors have shown interest with bids for 6.1x the shares available. The Non-Institutional Investor (NII) category has been subscribed 13.15x. Qualified Institutional Buyers (QIBs) have subscribed 1.71x. Data last updated on 25 Aug, 12:55 PM.
The IPO subscription period has ended. The issue opened on 19 May, 2026 and closes on 21 May, 2026. The shares are expected to list on stock exchanges on 26 May, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| Anchor Investors | - of 22,66,000 | -- |
| QIB | 64,78,000 of 37,78,000 | 1.71x |
| NII | 1,49,08,000 of 11,34,000 | 13.15x |
| Retail | 1,61,40,000 of 26,48,000 | 6.1x |
| TOTAL | 3,75,26,000 | 4.71x |
Application-wise breakup (estimated)
Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.
| Category | Est. Applied | Times | |
|---|---|---|---|
| Retail max 1,282 | 4,035 | 3.15x | |
| TOTAL (EST.) | 4,035 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 16.4% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
21 May 2026
Day 3 |
4.71x | ▼ | |
|
QIB1.71x
NII13.15x
Retail6.1x
|
|||
|
20 May 2026
Day 2 |
0.5x | ▼ | |
|
QIB0.26x
NII0.94x
Retail0.71x
|
|||
|
19 May 2026
Day 1 |
0.35x | ▼ | |
|
QIB0.26x
NII0.79x
Retail0.35x
|
|||
Teamtech Formwork Solutions SME IPO dates
From the bidding window 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 IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Teamtech Formwork Solutions IPO?
As of IPO close date (21 May, 2026), the Teamtech Formwork Solutions IPO is subscribed 4.71x times. Retail category is 6.1x, and NII is 13.15x subscribed.
When is the allotment date for Teamtech Formwork Solutions IPO?
The allotment for Teamtech Formwork Solutions IPO is expected to be finalized on 22 May, 2026.
When will Teamtech Formwork Solutions IPO list on the stock market?
Teamtech Formwork Solutions is scheduled to list on BSE and NSE on 26 May, 2026.
What are the chances of getting allotment in Teamtech Formwork Solutions IPO?
The retail category is oversubscribed at 6.1x, meaning allotment is by lottery. Statistically, approximately 1 in 7 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.71x mean for Teamtech Formwork Solutions IPO?
Moderate — QIBs have subscribed 1.71x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Teamtech Formwork Solutions IPO allotment status?
After the allotment date (22 May, 2026), you can check your Teamtech Formwork Solutions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Teamtech Formwork Solutions SME IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
