Teamtech Formwork Solutions IPO Details

SME NSE

Teamtech Formwork Solutions IPO Summary

Teamtech Formwork Solutions Logo | Teamtech Formwork Solutions IPO Details, Date, Price, GMP, Live Subscription

Teamtech Formwork Solutions IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Teamtech Formwork Solutions IPO total issue size comprises 79,60,000 shares . This includes a fresh issue of 79,60,000 shares . Pre-issue shareholding stands at 2,20,16,000, which will increase to 2,99,76,000 post-issue.

Teamtech Formwork Solutions IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Teamtech Formwork Solutions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GetFive Advisors Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Teamtech Formwork Solutions Limited DRHP.

Teamtech Formwork Solutions IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹5 per share
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Pre-issue Shareholding
2,20,16,000 shares
Post-issue Shareholding
2,99,76,000 shares
Total Issue Size
79,60,000 shares
Fresh Issue
79,60,000 shares
Offer for Sale
-
DRHP Status
Filed with Exchange

Teamtech Formwork Solutions IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Teamtech Formwork Solutions IPO Reservation

Promoter Holding

Pre Issue:
81.25%
Post Issue:
-
Promoter Names:
ldo Varghese, Chaitanya Prakash Kotagiri, Salinraj Kunnummal.

Teamtech Formwork Solutions IPO Valuations

ROE44.25%
ROCE37.48%
Debt/Equity0.51
RoNW36.24%
PAT Margin23.96%
EBITDA Margin29.07%

Teamtech Formwork Solutions Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets56.1440.0024.9612.80
Total Income31.7432.9830.3120.06
Profit After Tax7.337.847.692.95
EBITDA10.719.519.114.20
NET Worth28.9621.6313.796.35
Reserves and Surplus26.4019.0711.233.79
Total Borrowing16.5511.103.643.22
Amount in ₹ Crore

About Teamtech Formwork Solutions IPO

Teamtech Formwork Solutions Limited, incorporated in November 2018, operates under a B2B business model and is engaged in the manufacturing, refurbishment, and rental of modular T formwork and customised formwork systems for the construction industry.

The company offers a range of customised modular formwork panels and accessories, designed to meet specific project requirements with detailed technical specifications. Its solutions cater to diverse construction needs, enabling efficient and scalable execution of concrete structures.

Teamtech Formwork Solutions Limited provides modular T formwork systems along with customised design and technical support. In addition to manufacturing new systems, the company refurbishes and reconditions used formwork to extend product life and optimize cost efficiency. It also offers a rental model, allowing customers to access formwork solutions without significant capital expenditure.

The company manufactures vertical modular T-formwork systems suitable for a wide range of applications, including foundations, walls, shafts, tanks, bridges, circular structures, and other vertical concrete elements.

The company operates an in-house manufacturing and refurbishment facility spread across approximately 20,000 sq. ft. in Bollaram, Telangana. The facility is equipped with advanced machinery, including laser and plywood cutting equipment, supporting efficient production and customization of modular formwork systems.

Teamtech Formwork Solutions Limited leverages specialized software for design and operational planning. Its formwork planning software enables accurate assessment of panel requirements based on client designs, facilitating efficient project execution, improved timeline management, and reliable cost estimation.

Strength Of Teamtech Formwork Solutions IPO

To be announced

Risk Of Teamtech Formwork Solutions IPO

To be announced

Objectives Teamtech Formwork Solutions IPO

1. Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit

2. Repayment/prepayment of all or certain of the borrowing availed by your company

3. To meet the working capital requirements

4. General Corporate Purpose

5. Total

Company Contact Details

3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No., 163/Part, Durgamatha House Building Cooperative, Housing Society Ltd, Hydernagar,
Hyderabad, Telangana , 500049
Phone: +91 7801046161
Email: complianceofficer@teamtechengg.com
Website: https://teamtechengg.com/

Registrar Contact Details

Name:
Kfin Technologies Ltd
Phone:
+91-40-67162222

Teamtech Formwork Solutions FAQs

The Teamtech Formwork Solutions IPO is a SME public issue comprising 7960000 equity shares with a face value of ₹5 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Teamtech Formwork Solutions IPO opens on TBA.

Teamtech Formwork Solutions IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Teamtech Formwork Solutions IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Teamtech Formwork Solutions IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Teamtech Formwork Solutions IPO allotment status for updates.

The listing date for the Teamtech Formwork Solutions IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Teamtech Formwork Solutions IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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