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Teamtech Formwork Solutions SME IPO Details

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Teamtech Formwork Solutions is a Hyderabad-based company incorporated in 2018, engaged in manufacturing, refurbishing and rental of modular formwork systems used in the construction industry. The company follows a B2B business model and provides customised formwork solutions, technical support and rental services for infrastructure and real estate projects. Its operations are mainly focused across India with strong presence in large construction and infrastructure developments, supported by modern manufacturing facilities in Telangana.

Open 19 May 2026
Close 21 May 2026
Allotment 22 May 2026
Listing 26 May 2026

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IPO Summary

IPO Dates 19 to 21 May, 2026
Price Band ₹61 to ₹63
Face Value ₹5
Lot Size 2000 Shares
Issue Size ₹50 Cr
Sale Type Fresh capital only
Listing On NSE SME
Min Investment ₹ 2,52,000

What is the Teamtech Formwork Solutions IPO Timetable?

Track the IPO schedule and key events.

Event Date
IPO Open Date 19 May, 2026 Tue
IPO Close Date 21 May, 2026 Thu
Basis of Allotment 22 May, 2026 Fri
Refunds Initiated 25 May, 2026 Mon
Credit to Demat 25 May, 2026 Mon
Listing Date 26 May, 2026 Tue

What is the Teamtech Formwork Solutions IPO Lot Size?

Bidding in multiples of 2000 shares.

Application Lots Shares Amount
Retail (Min) 2 4000 ₹2,52,000
Retail (Max) 2 4000 ₹2,52,000
HNI (Min) 3 6000 ₹3,78,000

About Teamtech Formwork Solutions

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.

Objects of the Issue

Issue Object
Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
Estimate Amount ₹11.92 Cr.
Issue Object
Repayment/prepayment of all or certain of the borrowing availed by your company
Estimate Amount ₹15.50 Cr.
Issue Object
To meet the working capital requirements
Estimate Amount ₹13.77 Cr.
Issue Object
General Corporate Purpose
Estimate Amount

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.

Company Financials

Summary of financial performance including revenue, profit, and debt levels will be populated here.

Promoters and Shareholding Details

Particular % Share
Promoter Holding Pre Issue 81.25
Promoter Holding Post Issue NA

Frequently Asked Questions

What is the GMP of Teamtech Formwork Solutions?

The current Grey Market Premium (GMP) of Teamtech Formwork Solutions is ₹ 0.

What is the Teamtech Formwork Solutions IPO Price Band?

The price band for Teamtech Formwork Solutions IPO is 63.

When is the Teamtech Formwork Solutions IPO Allotment?

The allotment date for Teamtech Formwork Solutions IPO is May 22, 2026.

How to check Teamtech Formwork Solutions IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Kfin Technologies Ltd.).

Registrar

Kfin Technologies Ltd.

Book Running Lead Manager

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