Teamtech Formwork Solutions IPO GMP today is Rs 12. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
TEAMTECHFORM
Teamtech Formwork Solutions IPO GMP, Subscription & Allotment Status Today
Teamtech Formwork Solutions is a SME IPO with a price band of Rs 61.00 to Rs 63.00 that listed on 26 May 2026 at a listing gain of +19.05%. Track its full GMP history, subscription data and listing details here.
- Price Band
- ₹61.00 - ₹63.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 21 May 2026
- Listing Date
- 26 May 2026
Current GMP Status
₹12
+19.05% vs upper band
Est. Listing Gain
+19.05%
Last Trend
20 May 2026
Listing Price
₹75.00
Retail Entry
₹2,52,000
IPO Details
Complete IPO information
| Current GMP | ₹12 |
|---|---|
| Estimated Listing Gain | +19.05% |
| Price Band | ₹61.00 - ₹63.00 |
| Issue Price | Approx ₹63.00 Crores |
| Listing Price | ₹75.00 |
| Lot Size | 2,000 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 0.52x |
| Listing Date | 26 May 2026 |
| Minimum Investment | ₹2,52,000 |
Head-to-head
Compare Teamtech Formwork Solutions IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Teamtech Formwork Solutions is priced at ₹63 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,52,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Teamtech Formwork Solutions stands at ₹12, implying an estimated listing gain of around 19.05% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Teamtech Formwork Solutions's IPO was subscribed 0.52x overall, with a category-wise breakdown of Retail 0.45x, QIB 0.66x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
19 May 2026
✓
Bidding Closes
21 May 2026
✓
Allotment
TBA
✓
Listing
26 May 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 20 May 2026 | ₹0.00 | - | 0.00% |
| 19 May 2026 | ₹0.00 | - | 0.00% |
| 15 May 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,52,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,52,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹3,78,000 |
| S-HNI Maximum | 7 Lot | 14,000 | ₹8,82,000 |
| B-HNI Minimum | 8 Lot | 16,000 | ₹10,08,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Teamtech Formwork IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | May 19, 2026 |
| IPO Close Date | May 21, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹61 to ₹63 Per Share |
| Issue Size | Approx ₹50.15 Crores, 79,60,000 Equity Shares |
| Fresh Issue | Approx ₹50.15 Crores, 79,60,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
Analysis
IPO Reservation
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Analysis
Teamtech Formwork Solutions IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | May 18, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Analysis
Teamtech Formwork Solutions IPO Dates
The Teamtech Formwork Solutions IPO date is May 19 and the close date is May 21. The Teamtech Formwork Solutions IPO allotment will be finalized on May 22 and the IPO listing on May 26.
| Event | Date |
|---|---|
| IPO Open Date | May 19, 2026 |
| IPO Close Date | May 21, 2026 |
| Basis of Allotment | May 22, 2026 |
| Refunds | May 25, 2026 |
| Credit to Demat Account | May 25, 2026 |
| IPO Listing Date | May 26, 2026 |
| IPO Bidding Cut-off Time | May 21, 2026 – 5 PM |
Analysis
Promoters and Holding Pattern
The promoters of the company are Ido Varghese, Chaitanya Prakash Kotagiri, and Salinraj Kunnummal.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 2,20,16,000 | 81.25% |
| Promoter Holding Post Issue | 2,99,76,000 | -% |
Analysis
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit | ₹11.81 |
| Repayment/prepayment of all or certain of the borrowing availed by your company | ₹15.50 |
| To meet the working capital requirements | ₹13.08 |
| General Corporate Purpose | ₹- |
Analysis
About Teamtech Formwork Solutions IPO
Since its establishment in November 2018, Teamtech Formwork Solutions has been engaged in the construction industry. The firm basically manufactures, refurbishes, and rents formwork systems used in construction projects. The company provides modular T formwork, customized formwork, and various other accessories.
The firm buys, rents, and refurbishes old used formwork systems so that they can be reused for a long period of time. Moreover, the firm also allows construction companies to rent the formwork equipment without spending a large amount. Teamtech Formwork sells a wide range of modular T Formwork systems for various concrete structures, such as foundations, walls, shafts, tanks, bridges, and circular walls. In simple terms, the firm mainly sells, rents, and refurbishes the formwork solutions, supporting the construction industry.
Analysis
Teamtech Formwork Solutions IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹20.06 | ₹16.72 | ₹2.95 | ₹12.80 |
| 2024 | ₹30.31 | ₹22.31 | ₹7.69 | ₹24.96 |
| 2025 | ₹32.98 | ₹24.97 | ₹7.84 | ₹40.00 |
| 2026 | ₹54.23 | ₹38.32 | ₹11.59 | ₹66.75 |
Analysis
Teamtech Formwork Solutions IPO Valuation – FY2026
Check Teamtech Formwork IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | 42.26% |
| ROCE | 40.92% |
| EBITDA Margin | 32.61% |
| PAT Margin | 21.60% |
| Debt to Equity Ratio | 0.50 |
| Earning Per Share (EPS) | ₹5.26 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 34.89% |
| Net Asset Value (NAV) | ₹15.09 |
Analysis
Peer Group Comparison
- There are no listed companies in India.
Analysis
IPO Lead Managers aka Merchant Bankers
- GetFive Advisors Pvt.Ltd.
FAQ
Teamtech Formwork Solutions IPO FAQs
Teamtech Formwork Solutions IPO price band is Rs 61.00 to Rs 63.00. Check the latest issue price, lot size and GMP together before applying.
Teamtech Formwork Solutions IPO open date is 19 May 2026, close date is 21 May 2026, and listing date is 26 May 2026.
Teamtech Formwork Solutions IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,52,000.
Teamtech Formwork Solutions is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Teamtech Formwork Solutions IPO subscription status currently shows Retail 0.45x, QIB 0.66x, Overall 0.52x.
Community discussion
Comments
Share a useful question or insight about Teamtech Formwork Solutions.
Leave a comment
Your email address will not be published. All comments and replies are reviewed before appearing.
Keep Exploring
Similar Recent IPOs
SME
R.K.Fashion Accessories
Price Band₹77.00 - ₹82.00
Current GMP₹0
Lot Size1,600 Shares
SME
Dove Soft
Price Band₹104.00 - ₹111.00
Current GMP₹0
Lot Size1,200 Shares
SME
Paramount Syntex
Price Band₹119.00 - ₹127.00
Current GMP₹0
Lot Size1,000 Shares
SME
Omara Ventures India
Price Band₹296.00 - ₹311.00
Current GMP₹0
Lot Size400 Shares
Loading comments...