Teamtech Formwork Solutions
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05Teamtech Formwork Solutions IPO Market Lot
- 06 Teamtech Formwork IPO Details
- 07 IPO Reservation
- 08 Teamtech Formwork Solutions IPO Anchor Investors
- 09 Teamtech Formwork Solutions IPO Dates
- 10 Promoters and Holding Pattern
- 11 Objects of the Issue & Utilisation of Proceeds
- 12 About Teamtech Formwork Solutions IPO
- 13 Teamtech Formwork Solutions IPO Company Financial Report
- 14 Teamtech Formwork Solutions IPO Valuation – FY2026
- 15 Peer Group Comparison
- 16 IPO Lead Managers aka Merchant Bankers
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 20 May 2026 | ₹0.00 | - | 0.00% |
| 19 May 2026 | ₹0.00 | - | 0.00% |
| 15 May 2026 | ₹0.00 | - | 0.00% |
Teamtech Formwork Solutions IPO MARKET LOT
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹252,000 |
| Retail Maximum | 2 | 4,000 | ₹252,000 |
| S-HNI Minimum | 3 | 6,000 | ₹378,000 |
| S-HNI Maximum | 7 | 14,000 | ₹882,000 |
| B-HNI Minimum | 8 | 16,000 | ₹1,008,000 |
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 |
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% |
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 |
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 |
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 | -% |
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 | ₹- |
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.
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 |
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 |
Peer Group COMPARISON
- There are no listed companies in India.
IPO Lead Managers aka Merchant BANKERS
- GetFive Advisors Pvt.Ltd.