Teamtech Formwork Solutions IPO Details
Teamtech Formwork Solutions IPO Summary

Teamtech Formwork Solutions IPO opens for subscription on 19 May 2026 and closes on 21 May 2026.The IPO will be listed on NSE with the tentative listing date set for 26 May 2026.
Teamtech Formwork Solutions IPO price band has been fixed at ₹61 – ₹63 per share. The face value is ₹5 per share with a lot size of 2000.
Teamtech Formwork Solutions IPO total issue size comprises 79,60,000 shares (aggregating up to ₹50.15 Cr). This includes a fresh issue of 79,60,000 shares (aggregating up to ₹50.15 Cr). 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 ₹5 (7.94%) GMP, reflecting investor sentiment.
Teamtech Formwork Solutions IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹252,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹252,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹378,000. SHNI Maximum is 7 lots (14,000 shares) amounting to ₹882,000. BHNI Minimum is 8 lots (16,000 shares) amounting to ₹1,008,000.
Teamtech Formwork Solutions IPO Details
Teamtech Formwork Solutions IPO Subscription
Teamtech Formwork Solutions IPO Application Wise Breakup
Teamtech Formwork Solutions IPO Dates
- 19 May 2026Opening dateOpen
- 21 May 2026Closing dateClose
- 22 May 2026Allotment Date Allotment
- 25 May 2026Initiation of RefundsRefund
- 25 May 2026Credit of SharesCredit
- 26 May 2026Listing dateListing
Teamtech Formwork Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹252,000 |
| Individual Maximum | 2 | 4000 | ₹252,000 |
| SHNI Minimum | 3 | 6000 | ₹378,000 |
| SHNI Maximum | 7 | 14000 | ₹882,000 |
| BHNI Minimum | 8 | 16000 | ₹1,008,000 |
Teamtech Formwork Solutions IPO Reservation
Promoter Holding
Documents
Teamtech Formwork Solutions IPO Valuations
Teamtech Formwork Solutions Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 66.75 | 40.00 | 24.96 |
| Total Income | 54.23 | 32.98 | 30.31 |
| Profit After Tax | 11.59 | 7.84 | 7.69 |
| EBITDA | 17.50 | 9.24 | 9.11 |
| NET Worth | 33.22 | 21.63 | 13.79 |
| Reserves and Surplus | 22.21 | 19.07 | 11.23 |
| Total Borrowing | 16.68 | 11.10 | 3.64 |
| Amount in ₹ Crore | |||
About Teamtech Formwork Solutions IPO
Incorporated in November 2018, Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model, manufacturing, refurbishing, and renting modular T-formwork and customised formwork systems for the construction industry.
The company’s product portfolio includes standard panels, customised panels, and formwork accessories & supporting components, which together form a complete modular formwork system for various construction requirements.
The company provides modular T-formwork systems with customised design, engineering, technical support, refurbishment, and rental solutions for vertical concrete structures such as walls, shafts, tanks, bridges, foundations, and circular walls.
The company operates a 20,000 sq. ft. in-house manufacturing and refurbishment facility in Bollaram, Telangana, equipped with laser and plywood cutting machinery. It also uses specialised formwork planning software for project design, panel estimation, and operational planning.
As of March 31, 2026, the company had 100 employees across administration, engineering, operations, R&D, logistics, finance, sales, and management departments.
Strength Of Teamtech Formwork Solutions IPO
- Experienced Management.
- Integrated business model.
- Strong Engineering and Technical Capabilities.
- Established Manufacturing and Refurbishment Infrastructure.
- System-Driven and Quality-Focused Operations.
- Pan-India and International Market Presence.
- Diversified Revenue Streams.
Risk Of Teamtech Formwork Solutions IPO
- Our business is dependent on the sale of our services to certain key Industries and certain customers including our Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.
- Company may experience the effects of seasonality which may result in operating results fluctuating significantly.
- Our Promoter Group entity operates in the same line of business as that of our Company.
- We do not own the premises in which our registered office is located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect our operations.
- Majority portion of our sales is generated from our Standard Panel.
- We have had negative cash flows from operating, investing and financing activities in the past in some of the recent years.
- Our business heavily relies on the expertise and guidance of our Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on our company.
- Our financial statements for the financial year ended March 31, 2025 were originally audited by an auditor that is not peer reviewed, and although such financial statements have subsequently been re-audited and restated by a peer-reviewed auditor, this may adversely affect investor perception.
- Our inability to collect receivables and defaults in payment from our customers could result in the reduction of our profits and affect our cash flows.
- Our company depends on third parties to acquire raw material to manufacture the goods. Further, market instability, including changes in costs may adversely impact the company's operations and financial performance. Subsequently, our inability to effectively manage inventory levels and fluctuations in prices of key components used in the process may increase our operational costs and adversely impact our business, profitability and cash flows.
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
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 ₹50.15 Cr. The issue price has been fixed at ₹63 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 19 May 2026, and closes on 21 May 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹5 (7.94%).

