GMP IPO Watch
Teamtech Formwork Solutions IPO 2026: Construction Engineering SME Issue Attracts Investor Focus
Teamtech Formwork Solutions IPO has entered the SME market during a period of strong growt...
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T
SME IPO
LISTED
NSE, BSE
TEAMTECHFORM
Teamtech Formwork Solutions IPO
Teamtech Formwork Solutions IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹12
+19.0%
Est. Listing: ₹75.00
Price Band
₹61 - ₹63
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,52,000
Issue Size
₹63 Cr
Total Public Offering
Issue Dates
18 May 2026 – 20 May 2026
Bidding period
Subscription
0.52x
Total overall demand
Teamtech Formwork Solutions IPO Details
Key facts at a glance| IPO Open Date | 18 May 2026 | IPO Close Date | 20 May 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 25 May 2026 |
| Price Band | ₹61 - ₹63 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,52,000 |
| Total Issue Size | ₹63 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Teamtech Formwork Solutions IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 18 May 2026 | Confirmed |
| IPO Close Date | 20 May 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 25 May 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Teamtech Formwork Solutions IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,52,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,52,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,78,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹8,82,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹10,08,000 |
Teamtech Formwork Solutions IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹12 +19.0%
Estimated Listing Price
₹75.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 20 May 2026 | ₹0 | ₹63.00 | +0.00% |
| 19 May 2026 | ₹0 | ₹63.00 | +0.00% |
| 15 May 2026 | ₹0 | ₹63.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Teamtech Formwork Solutions IPO Subscription Status
Demand breakdown by investor category
Retail
0.45x
QIB
0.66x
NII / HNI
—
Total
0.52x
About Teamtech Formwork Solutions
Teamtech Formwork Solutions IPO Reservation & Share Quotas
| 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 Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 19 May 2026 |
| IPO Close Date | 21 May 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 26 May 2026 |
Note: The timeline for টিমটেক ফর্মওয়ার্ক সলিউশনস IPO is tentative and subject to change.
Teamtech Formwork Solutions Promoters and Shareholding 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 | -% |
Teamtech Formwork Solutions Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
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 Company Financial Report
To Be Updated Soon
Teamtech Formwork Solutions Company Valuation & Key Performance Indicators
To Be Updated Soon
Teamtech Formwork Solutions Peer Group Comparison
To Be Updated Soon
Teamtech Formwork Solutions Lead Managers & Merchant Bankers
- GetFive Advisors Pvt.Ltd.
Teamtech Formwork Solutions IPO FAQs
Teamtech Formwork Solutions IPO opens for subscription on 18 May 2026 and closes on 20 May 2026.
The price band for Teamtech Formwork Solutions IPO is set at ₹61.00 to ₹63.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,52,000).
The latest Grey Market Premium (GMP) for Teamtech Formwork Solutions IPO is ₹12.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Teamtech Formwork Solutions IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 25 May 2026.
The registrar details will be confirmed in the official prospectus.
Teamtech Formwork Solutions IPO Analysis & Articles
