· SME · NSE
Price Band
₹61–63
Lot Size
2000 shares
Issue Size
₹50 Cr
Min. Investment
₹1,26,000
Indicative, updates through the day
Cap price plus current GMP: ₹63 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Teamtech Formwork Solutions IPO is an SME issue that listed on NSE on 26 May 2026. The issue price band is fixed at ₹61–₹63 per equity share with a minimum market lot size of 2000 shares, bringing the total issue size to ₹50 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,26,000.
No meaningful grey market premium is actively quoted for Teamtech Formwork Solutions IPO at this stage. For an SME issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 2000 shares (approx. ₹1,26,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 22 May 2026 and listing completed on 26 May 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹63
Listed At
₹75
Current Price
₹72.75
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.
Teamtech Formwork Solutions IPO raises ₹14.28 crore from anchor investors. Teamtech Formwork Solutions IPO Anchor bid date is May 18, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 37,78,000 | 49.97% |
| − Anchor Investor | 22,66,000 | 0% |
| − QIB (Ex. Anchor) | 15,12,000 | 0% |
| NII (HNI) | 11,34,000 | 15% |
| − bNII > ₹10L | 7,56,000 | 0% |
| − sNII < ₹10L | 3,78,000 | 0% |
| Retail | 26,48,000 | 35.03% |
| Market Maker | 4,00,000 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,52,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 14000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 16000 | ₹10,08,000 |
EPS (Pre IPO)
5.26
EPS (Post IPO)
3.87
ROE
34.89%
P/E (Pre IPO)
11.97
P/E (Post IPO)
16.29
Price / Book
4.17
Market Cap
₹139Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Arisinfra Solutions Ltd. | -41.89 | ₹499.60 Cr |
Teamtech Formwork Solutions Ltd. Address
KFin Technologies Ltd.