Teamtech Formwork Solutions SME IPO Subscription
ListedUpdated 26 May 2026, 9:15 AM IST· NSE SME
Teamtech Formwork Solutions SME IPO subscription closed on 21 May 2026 at 7.09x overall by shares. QIB demand came in at 4.28x, NII at 13.15x, and retail at 6.10x. See Retail, SHNI, and BHNI allotment chances in the…
Teamtech Formwork Solutions SME IPO subscription closed on 21 May 2026 at 7.09x overall by shares. QIB demand came in at 4.28x, NII at 13.15x, and retail at 6.10x. See Retail, SHNI, and BHNI allotment chances in the table below.
Show moreShow less
Allotment date is 22 May 2026. Listing date on NSE and BSE is 26 May 2026.
Teamtech Formwork Solutions SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 19 May 2026 | 0.66x | 0.79x | 0.36x | 0.54x |
| Day 2 - 20 May 2026 | 0.66x | 0.59x | 0.72x | 0.67x |
| Day 3 - 21 May 2026 | 4.28x | 12.79x | 6.10x | 7.01x |
Teamtech Formwork Solutions SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Teamtech Formwork Solutions SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 6.10x | 1 in 6 |
| SHNI (Rs 2L to Rs 10L) | 8.05x | 1 in 8 |
| BHNI (above Rs 10L) | 5.47x | 1 in 5 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Teamtech Formwork Solutions SME IPO Allotment Status page from 22 May 2026 for your result.
Teamtech Formwork Solutions SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 63.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.53 Cr | Rs 40.81 Cr | 4.28x |
| FII | - | Rs 11.59 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | Rs 10.08 L | - |
| Other | - | Rs 29.12 Cr | - |
| NII | Rs 7.14 Cr | Rs 93.92 Cr | 13.15x |
| bNII (above Rs 10L) | Rs 4.76 Cr | Rs 74.29 Cr | 15.60x |
| Corporate | - | Rs 3.93 Cr | - |
| Individual | - | Rs 66.58 Cr | - |
| Other | - | Rs 3.78 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.38 Cr | Rs 19.63 Cr | 8.24x |
| Corporate | - | Rs 26.46 L | - |
| Individual | - | Rs 18.76 Cr | - |
| Other | - | Rs 60.48 L | - |
| IND | Rs 16.68 Cr | Rs 101.68 Cr | 6.10x |
| Total | Rs 33.35 Cr | Rs 236.41 Cr | 7.09x |
Teamtech Formwork Solutions SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 756 | 19 | 0.03x |
| FII | - | 5 | - |
| DFI | - | - | - |
| Mutual Funds | - | 1 | - |
| Other | - | 13 | - |
| NII | 189 | 1,196 | 6.33x |
| bNII (above Rs 10L) | 126 | 689 | 5.47x |
| Corporate | - | 15 | - |
| Individual | - | 646 | - |
| Other | - | 28 | - |
| sNII (Rs 2L to Rs 10L) | 63 | 507 | 8.05x |
| Corporate | - | 7 | - |
| Individual | - | 484 | - |
| Other | - | 16 | - |
| IND | 662 | 4,035 | 6.10x |
| Total | 1,607 | 5,250 | 3.27x |
What Do These Subscription Numbers Mean?
7.09x overall by shares means bids covered about 7 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 4.28x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (6.33x by applications). Split: SHNI 8.05x, BHNI 5.47x by applications. SHNI and BHNI allotment is by lottery.
At 6.10x subscription by applications, about 1 in 6 retail applicants may get allotment (~16% chance per application). Retail allotment is also by lottery.
Teamtech Formwork Solutions SME IPO GMP After Subscription
GMP for Teamtech Formwork Solutions SME stands at Rs 5.00 today, giving an estimated listing price of Rs 68.00 per share.
A subscription of 7.09x combined with a GMP of 7.94% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Teamtech Formwork Solutions SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Teamtech Formwork Solutions SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 19 May 2026 |
| IPO Close Date | 21 May 2026 |
| Allotment Date | 22 May 2026 |
| Refund Initiation | 23 May 2026 |
| Share Credit to Demat | 23 May 2026 |
| Listing Date | 26 May 2026 |
| Minimum Investment | Rs 2,52,000.00 |
| Lot Size | 2000 shares |
About Teamtech Formwork Solutions SME
Teamtech Formwork Solutions Limited, incorporated in 2018, is a specialized business-to-business (B2B) engineering provider for the construction and infrastructure sector. The company specializes in manufacturing, refurbishing, and renting modular T-formwork and customized formwork systems. Its systems are engineered for building vertical concrete structures such as shear walls, lift shafts, storage tanks, bridges, and complex circular foundations.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Teamtech Formwork Solutions SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Teamtech Formwork Solutions SME Details
Issue size, price, financials, and company info
Teamtech Formwork Solutions SME GMP
Live grey market premium and listing estimate
Teamtech Formwork Solutions SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Teamtech Formwork Solutions SME Allotment
Allotment date, chances, and check by PAN
Teamtech Formwork Solutions SME Review
SWOT, strengths, risks, and IPO review
Teamtech Formwork Solutions SME FAQ
Common questions on dates, GMP, and allotment
Teamtech Formwork Solutions SME Registrar
Registrar website and how to check allotment
Teamtech Formwork Solutions SME Timeline
Open, close, allotment, and listing dates
Teamtech Formwork Solutions SME News
Updates, blogs, and latest IPO news
Teamtech Formwork Solutions SME IPO Subscription FAQs
What is Teamtech Formwork Solutions SME IPO subscription status today?
Teamtech Formwork Solutions SME IPO subscription closed on 21 May 2026 with overall subscription of 7.09x (by shares) as of 3 September 2026, 4:17 PM IST. QIB 4.28x, NII 6.33x, IND 6.10x.
What is the overall subscription of Teamtech Formwork Solutions SME IPO?
Teamtech Formwork Solutions SME IPO is subscribed 7.09x overall by shares at close on 21 May 2026. QIB 4.28x, NII 6.33x, and IND 6.10x.
What is Teamtech Formwork Solutions SME IPO QIB subscription?
Teamtech Formwork Solutions SME IPO QIB (Qualified Institutional Buyers) subscription is 4.28x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Teamtech Formwork Solutions SME IPO IND subscription?
Teamtech Formwork Solutions SME IPO IND subscription is 6.10x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Teamtech Formwork Solutions SME IPO NII, SHNI, and BHNI subscription?
Teamtech Formwork Solutions SME IPO NII subscription is 6.33x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 8.05x and BHNI (above Rs 10L) at 5.47x.
What are Teamtech Formwork Solutions SME IPO retail allotment chances?
At 6.10x subscription by applications, about 1 in 6 retail applicants may get allotment (~16% chance per application). Allotment is by lottery.
What are Teamtech Formwork Solutions SME IPO SHNI allotment chances?
At 8.05x subscription by applications, about 1 in 8 SHNI applicants may get allotment (~12% chance per application). Allotment is by lottery.
What are Teamtech Formwork Solutions SME IPO BHNI allotment chances?
At 5.47x subscription by applications, about 1 in 5 BHNI applicants may get allotment (~18% chance per application). Allotment is by lottery. Share subscription was 15.60x. Allotment chances use applications, not share volume.
When is Teamtech Formwork Solutions SME IPO allotment date?
Teamtech Formwork Solutions SME IPO allotment date is 22 May 2026. Check Teamtech Formwork Solutions SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Teamtech Formwork Solutions SME IPO subscription close?
Teamtech Formwork Solutions SME IPO subscription closed on 21 May 2026. No new applications are accepted after the close.
What is Teamtech Formwork Solutions SME IPO GMP today?
Teamtech Formwork Solutions SME IPO GMP is ₹5 today (+7.94% over issue price ₹63). See live GMP on the Teamtech Formwork Solutions SME IPO GMP Today page.
What is Teamtech Formwork Solutions SME IPO issue price and lot size?
Teamtech Formwork Solutions SME IPO issue price is ₹63 per share. Lot size is 2000 shares. Minimum investment is ₹2,52,000 per lot (minimum 2 lots for SME). Issue size: ₹50.15 Cr.
When is Teamtech Formwork Solutions SME IPO listing date?
Teamtech Formwork Solutions SME IPO listing date is 26 May 2026 on NSE and BSE. Allotment is on 22 May 2026.
How does subscription affect Teamtech Formwork Solutions SME IPO allotment?
In Teamtech Formwork Solutions SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 7.09x overall, competition is moderate.
For allotment results from 22 May 2026, visit the Teamtech Formwork Solutions SME IPO Allotment Status page. For listing day updates on 26 May 2026, download the IPOwiz App.
Sources
We match Teamtech Formwork Solutions SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.