Teamtech Formwork Solutions Limited IPO
Listed · SME · NSE SME
Last updated: · Compiled by IPONOVA Editorial Desk · How we source data
IPO Details
| Price Band | ₹61.00–₹61.00 |
|---|---|
| Lot Size | 2000 shares |
| Issue Size | ₹50cr |
| Open Date | 19 May 26 |
| Close Date | 21 May 26 |
| Listing Date | 26 May 26 |
| Exchange | NSE SME |
| Subscription | 2.39x |
About Teamtech Formwork Solutions Limited
Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model and is engaged in the manufacturing, refurbishing, and rental of modular and customised formwork systems used in the construction industry. Formwork systems are temporary moulds that support and shape concrete structures until the concrete gains sufficient strength. The company provides modular T formwork systems along with customised designs and technical support for construction projects. In addition to manufacturing new systems, it also refurbishes and reconditions used formwork products, helping customers extend product life and reduce replacement costs. The company further offers formwork on a rental basis, allowing customers to use these systems without large upfront capital expenditure. Its business is linked to infrastructure and construction activities, including projects related to roads, metro networks, urban development, and other construction requirements in India.
Anchor Investor Allotment
| Anchor Investor Name | Eq. Shares | Allocation % | Bid Price | Investment Amount | 30-Day Lock-in | 90-Day Lock-in |
|---|---|---|---|---|---|---|
| Navbharat Investment Trust - Navbharat Investment Opportunities Fund | 516,000 | 22.77% | ₹63.00 | ₹3.25 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Finavenue Capital Trust - Finavenue Growth Fund | 316,000 | 13.95% | ₹63.00 | ₹1.99 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Invicta Continuum Fund I | 316,000 | 13.95% | ₹63.00 | ₹1.99 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Getfive Opportunity Fund I | 238,000 | 10.50% | ₹63.00 | ₹1.50 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Finavenue Capital Trust - Finavenue Strategic Fund | 200,000 | 8.83% | ₹63.00 | ₹1.26 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Resonance Opportunities Fund | 200,000 | 8.83% | ₹63.00 | ₹1.26 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Rigel Global Fund | 160,000 | 7.06% | ₹63.00 | ₹1.01 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Darwin Evolution Growth Fund | 160,000 | 7.06% | ₹63.00 | ₹1.01 Cr | 07 Jul 2026 | 30 Sep 2026 |
| Invicto Incrementum Fund | 160,000 | 7.06% | ₹63.00 | ₹1.01 Cr | 07 Jul 2026 | 30 Sep 2026 |
| TOTAL (9 investors) | 2,266,000 | 100.01% | ₹14.28 Cr | |||
Lock-in dates calculated from allotment date (30 & 90 calendar days, adjusted to next NSE trading day as per exchange holiday calendar).
For live subscription data, allotment status and full IPO analysis, visit IPONOVA — India's IPO Intelligence Platform.
Frequently Asked Questions
- When does the Teamtech Formwork Solutions Limited IPO open and close?
- The Teamtech Formwork Solutions Limited IPO opens for subscription on 19 May 26. It closes on 21 May 26.
- What is the price band of Teamtech Formwork Solutions Limited IPO?
- The price band of Teamtech Formwork Solutions Limited IPO is ₹61.00 to ₹61.00 per share.
- What is the minimum lot size for Teamtech Formwork Solutions Limited IPO?
- The minimum lot size for Teamtech Formwork Solutions Limited IPO is 2000 shares, requiring a minimum investment of ₹122,000.
- When will Teamtech Formwork Solutions Limited list on stock exchanges?
- Teamtech Formwork Solutions Limited is expected to list on NSE SME on 26 May 26.
- How can I check Teamtech Formwork Solutions Limited IPO allotment status?
- You can check Teamtech Formwork Solutions Limited IPO allotment status on IPONOVA after the basis of allotment is finalized, or via the registrar's website using your PAN number, application number, or DP/Client ID.
- How to apply for Teamtech Formwork Solutions Limited IPO?
- You can apply for Teamtech Formwork Solutions Limited IPO through your broker's app (Zerodha, Groww, Upstox, etc.) or via UPI-enabled net banking using ASBA. Submit the application during the IPO subscription window with the price within the band ₹61.00 to ₹61.00 per share.
Data Sources & Verification
This page aggregates publicly available data for the Teamtech Formwork Solutions Limited IPO from the following authoritative sources:
- SEBI — Red Herring Prospectus (RHP) and regulatory filings · sebi.gov.in
- BSE Limited — Issue circulars, subscription data, listing notices · bseindia.com
- National Stock Exchange of India (NSE) — Public issue data, listing data · nseindia.com
- Registrar to the Issue — Allotment status (Link Intime, KFin Technologies, Bigshare Services, MUFG Intime)
Subscription, allotment and listing data is refreshed throughout each IPO's issue window directly from the exchanges and registrars listed above. Always read the official offer document (RHP) before applying. For corrections, contact IPONOVA Editorial Desk.