Teamtech Formwork Solutions Limited SME IPO: Price, GMP, Dates & Review

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Teamtech Formwork Solutions Limited
TF
Teamtech Formwork Solutions Limited IPO
Construction Formwork · B2B Modular Systems · Bollaram Facility · Refurbishment
📋 SME IPO Fresh Issue NSE SME
₹63
Upper Price
₹50.15 Cr
Issue Size
May 26, 2026
Listing Date
TBD
Market Cap
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Tuesday, 19 May 2026
Bidding starts — apply before close
🔒
IPO Closes
Thursday, 21 May 2026
Last day to bid — closes at 5:00 PM IST
📊
Friday, 22 May 2026
Allotment finalised by registrar
🔄
Monday, 25 May 2026
Unallotted funds returned; shares credited to demat
🏷️
Tuesday, 26 May 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date19 May 2026 (Tue)
IPO Close Date21 May 2026 (Thu)
Listing Date26 May 2026 (Tue)
Face Value₹5 per share
Price Band₹61 to ₹63
Issue Price (Upper Band)₹63 per share
Issue TypeBook Build — Fresh Issue
Lot Size2,000 shares
Total Issue Size79,60,000 shares (₹50.15 Cr)
Fresh Issue79,60,000 shares (₹50.15 Cr)
Market Maker Shares4,00,000 shares
Pre-Issue Shares2,20,16,000
Post-Issue Shares2,99,76,000
Promoter Holding (Pre)81.25%
Lead ManagerGetFive Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹63
Investor TypeLotsSharesAmount
Retail — Minimum & Maximum24,000₹2,52,000
S-HNI (sNII) — Min36,000₹3,78,000
S-HNI (sNII) — Max714,000₹8,82,000
B-HNI (bNII) — Min816,000₹10,08,000
⚠️ SME IPO Note: Minimum application for retail is 2 lots (4,000 shares = ₹2,52,000). Retail maximum limit is also 2 lots. Lot size is 2,000 shares; bids must be in multiples thereof.
👥 Investor Reservation
Total 79,60,000 shares
49.97%
QIB Portion
37,78,000 shares
35.03%
Retail (RII)
26,48,000 shares
15.00%
NII / HNI
11,34,000 shares
💡 Market Maker: SMC Global Securities Ltd. has been allocated 4,00,000 shares (5.03% of issue) to ensure liquidity post-listing.
📊 Live Subscription Status
Awaiting Bidding
Subscription data will be available once bidding begins on May 19, 2026. Check back for live updates from 10:00 AM IST.
📈 Company Financials
Restated · ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Total Assets66.7540.0024.96
Total Income54.2332.9830.31
PAT11.597.847.69
EBITDA17.509.249.11
Net Worth33.2221.6313.79
Total Borrowing16.6811.103.64
Income Growth
FY 2023–24₹30.31 Cr
FY 2024–25₹32.98 Cr
FY 2025–26₹54.23 Cr
🎯 Key Performance Indicators
42.26%
ROE
FY 2025–26
40.92%
ROCE
FY 2025–26
21.60%
PAT Margin
FY 2025–26
0.50
Debt/Equity
FY 2025–26
34.89%
RoNW
FY 2025–26
32.61%
EBITDA Margin
FY 2025–26
🎯 Objects of the Issue
Net proceeds utilisation
1
Purchase of Plant and Machineries for new manufacturing unit
₹11.92 Cr
2
Repayment/prepayment of all or certain of the borrowing availed
₹15.50 Cr
3
To meet the working capital requirements
₹13.77 Cr
Total Net Proceeds Target ₹41.19 Cr
🏢 About Teamtech Formwork Solutions Limited
Est. 2018 · Hyderabad, Telangana · Construction B2B

Teamtech Formwork Solutions Limited operates on a B2B model, manufacturing, refurbishing, and renting modular T-formwork and customised formwork systems. Their product portfolio includes standard panels, customised panels, and accessories forming complete modular systems for vertical concrete structures.

The company operates a 20,000 sq. ft. facility in Bollaram, Telangana, equipped for manufacturing and refurbishment. Serving various construction needs such as walls, shafts, bridges, and foundations, they integrate design, technical support, and operational planning through specialised software.

Competitive Strengths
✅Experienced Management Team and strong Engineering capabilities
📍Integrated Business Model with established manufacturing infrastructure
📋Pan-India and International Market Presence with diversified revenue streams
👨‍💼System-Driven operations maintaining Long-Term Customer Relationships
Company Promoters
EV
Eldo Varghese
Promoter, Teamtech Formwork Solutions Limited
CK
Chaitanya Prakash Kotagiri
Promoter, Teamtech Formwork Solutions Limited
📅 Key Dates
IPO Opens19 May 2026
IPO Closes21 May 2026
Allotment22 May 2026
Refund & Share Credit25 May 2026
Listing Day26 May 2026
💡 Quick Summary
Price Band₹61 – ₹63
Issue Price₹63 / share
Lot Size2,000 shares
Min. Investment (Retail)₹2,52,000 (2 lots)
Issue Size₹50.15 Cr
ListingNSE SME
🏦 Registrar & Lead Manager
Registrar
Kfin Technologies Ltd.
📞 040-67162222
[email protected]
Lead Manager
GetFive Advisors Pvt.Ltd.
Market Maker
SMC Global Securities Ltd.
📍 Registered Address
Teamtech Formwork Solutions Ltd.
3rd Floor, Plot No. 1050/1, Sree Sai Enclave,
Hydernagar, Hyderabad,
Telangana — 500049
📞 +91 7801046161
[email protected]
🛡️ Regulatory Note: SME IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Teamtech Formwork Solutions IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
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