IPO - Initial Public Offerings

 TEAMTECH

  

TEAMTECH FORMWORK SOLUTIONS LTD. IPO

19 May, 10:00 AM

Issue Open

21 May, 05:00 PM

Issue Close

2000

Lot Size

₹ 61.00 – ₹ 63.00

Price Range

IPO Issue Details

Issue size 50.00 Cr
Market Price 63.00
Registrar Kfin Technologies Ltd
Face Value RS.5 /- Per share
Listing at NSE

About

TEAMTECH FORMWORK SOLUTIONS LTD. 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 offers various customised, modular formwork panels and accessories with detailed specifications. The company provides modular T formwork systems with customised design and technical support. Along with manufacturing new formwork, it refurbishes and reconditions used systems to extend their life. It also offers a rental model, enabling customers to access formwork solutions without capital expenditure. The Company manufactures vertical modular T-formwork systems suitable for a wide range of vertical concrete structures, including foundations, walls, shafts, tanks, bridges, circular walls and various other structural elements. The company operates a 20,000 sq. ft. in-house manufacturing and refurbishment facility in Bollaram, Telangana. It is equipped with laser and plywood cutting machinery for modular formwork systems. The Company uses software for design and operational activities. Formwork planning software helps assess panel needs based on client designs, aiding project timelines and reliable quotations. This improves efficiency and planning accuracy.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 4000 ₹ 2,52,000.00
Retail (Max) 2 4000 ₹ 2,52,000.00
S-HNI (Min) 3 6000 ₹ 3,78,000.00
S-HNI (Max) 8 16000 ₹ 10,08,000.00
B-HNI (Min) 9 18000 ₹ 11,34,000.00

IPO TimeLine

Open Date 19-May-2026
Close Date 21-May-2026
Basis of Allotment Date 22-May-2026
Initiation of Refunds 25-May-2026
Credit Shares to Demat A/c 25-May-2026
IPO Listing Date 26-May-2026