Teamtech Formwork Solutions SME: Check IPO Date, Live Subscription and Key Details
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. Operating from a 20,000 sq. ft. precision facility in Bollaram, Telangana, Teamtech uses specialized formwork planning design software alongside laser and advanced cutting tools to optimize construction execution and extend the life cycle of pre-used equipment.
Price Range
₹61.0 - ₹63.0
Issue Size
₹50.15 Cr
Lot Size
2,000 shares
IPO Type
NSE SME
GMP
-
Est. Listing Price
₹63
Estimate Profit
-
Retail Portion
33.26%
Key Metrics
Check Live GMPGMPFace Value
₹5
EPS
3.87
P/E Ratio
16.29
RoNW
34.89%
ROE
42.26%
Debt to Equity
0.5
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Timeline
IPO Opens
19 May
IPO Closes
21 May
Allotment
22 May
Listing
26 May
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 19 May 2026 | Subscription starts |
| IPO Close Date | 21 May 2026 | Subscription ends |
| Allotment Date | 22 May 2026 | Allotment |
| Listing Date | 26 May 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,52,000 |
SHNI (Min) | 3 | ₹3,78,000 |
SHNI (Max) | 7 | ₹8,82,000 |
BHNIAbove ₹10,00,000 | 8 | ₹10,08,000 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 47.46% |
| NII (Non-Institutional Investor) | 14.25% |
| SHNI (Small Non-Institutional Investor) | 4.75% |
| BHNI (Big Non-Institutional Investor) | 9.50% |
| Retail | 33.26% |
| Market Maker | 5.03% |
| Total | 100.00% |
IPO Objectives
- Funding of Capital Expenditure towards the purchase of advanced plant and machineries for a new manufacturing unit (₹11.92 Cr).
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company (₹15.50 Cr).
- Meeting incremental working capital requirements of the company (₹13.77 Cr).
- General Corporate Purposes.
Strengths
- The company showcases High Return Metrics, delivering strong operational performance with an active ROCE of 40.92% and an ROE of 42.26% for FY26.
- It operates an Integrated B2B Lifecycle Framework, combining standard engineering production alongside refurbishment and custom rental frameworks to optimize overhead limits for builders.
- The business demonstrates Robust Topline Scaling, with total revenue growing by 64% and net PAT zooming up by 48% between FY25 and FY26.
- It maintains Controlled Debt Sizing, keeping a highly sustainable pre-listing debt-to-equity matrix standing at a conservative 0.50.
- The firm utilizes Precision Infrastructure, employing dedicated design planning tools and structural cutting technologies at its core facility in Telangana.
Weaknesses
- There are valid concerns about the Sustainability of High Margins, as the bumper corporate earnings and rapid margin expansions recorded during FY26 have drawn analytical skepticism over long-term consistency.
- It operates within a Fragmented Sector Landscape, navigating a highly competitive, localized, and price-sensitive construction engineering services niche with low entry barriers.
- The issue features Aggressive Issue Pricing, priced at a post-IPO P/E multiple of 16.29x, which stands on the higher side for comparable SME construction engineering segments.
- The company faces Flat Early Gray Market Traction, with unofficial gray market interest initially opening flat at a tracking premium of ₹0.
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Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 66.75 | 40 | 24.96 |
| Revenue (₹ Cr.) | 54.23 | 32.98 | 30.31 |
| PAT (₹ Cr.) | 11.59 | 7.84 | 7.69 |
| Net Worth (₹ Cr.) | 33.22 | 21.63 | 13.79 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
Daily Bids Status
| Category | Day 1 |
|---|---|
| QIB | 0.66x |
| NII | 0.34x |
| S-HNI | 0.07x |
| B-HNI | 0.47x |
| RII | 0.24x |
| Total | 0.38x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 15,12,000 | 9,92,000 | 6.25 |
| NII | 11,34,000 | 3,86,000 | 2.43 |
| Small NII | 3,78,000 | 28,000 | 0.18 |
| Big NII | 7,56,000 | 3,58,000 | 2.26 |
| RII | 26,48,000 | 6,28,000 | 3.96 |
| Total | 52,94,000 | 20,06,000 | 12.64 |
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Company Details
- Teamtech Formwork Solutions Ltd.
- 3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No. 163/Part, Durgamatha House Building Cooperative Housing Society Ltd, Hydernagar, Hyderabad, Telangana, 500049
- +91 7801046161
- complianceofficer@teamtechengg.com
- https://www.teamtechengg.com/
Registrar Details
- Kfin Technologies Ltd.
- 04067162222, 04079611000
- teamtech.ipo@kfintech.com
- https://ipostatus.kfintech.com/
Frequently Asked Questions
What does Teamtech Formwork Solutions do?
Teamtech Formwork Solutions manufactures, refurbishes, and rents modular formwork systems used in construction projects such as bridges, retaining walls, storage structures, and concrete buildings.
What are the IPO dates for Teamtech Formwork Solutions IPO?
The Teamtech Formwork Solutions IPO will open for subscription on May 19, 2026, and close on May 21, 2026.
What is the price band and minimum investment for Teamtech Formwork Solutions IPO?
The IPO price band is fixed at ₹61 to ₹63 per share. Retail investors need to apply for a minimum of 2 lots (4,000 shares), requiring an investment of ₹2,52,000.
What is the Grey Market Premium (GMP) of Teamtech Formwork Solutions IPO today?
As of May 18, 2026, the Grey Market Premium (GMP) of Teamtech Formwork Solutions IPO is ₹0, indicating an expected listing price near ₹63 per share.
Where will Teamtech Formwork Solutions IPO be listed?
Teamtech Formwork Solutions IPO is proposed to be listed on NSE SME (NSE Emerge), with the tentative listing date set for May 26, 2026.
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