Atharva Polyplast GMP ₹7 ▲ 12.73%CSM Technologies GMP ₹4 ▲ 3.74%Turtlemint Fintech Solutions GMP ₹3 ▲ 2.08%Knack Packaging GMP ₹11.5 ▲ 7.14%Aastha Spintex GMP ₹5 ▲ 4.00%Twinkle Papers GMP ₹7 ▲ 10.94%Kratikal Tech GMP ₹17 ▲ 13.28%
By Sanjay Bambhaniya
May 14, 2026
SME | Book Build
Listed

Teamtech Formwork Solutions SME IPO Allotment Status Link

₹61 - ₹63Price Band
₹50.15 Cr.Issue Size
2,000 sharesLot Size
Real Estate - InfrastructureSector
Issue Open
May 19, 2026
Fresh Issue
Issue Close
May 21, 2026
Min 2 Lots(Retail)
Allotment Date
May 22, 2026
Lot size: 2,000 shares
Listing Date
May 26, 2026
NSE SME
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

The allotment process is the phase in which the company decides who gets the shares based on the total bids received. Teamtech Formwork Solutions IPO investors wait to see if they get shares on the Allotment day, May 22, 2026. Teamtech Formwork Solutions of approx. ₹50.15 crore opens on May 19, 2026. It includes the fresh issue of ₹50.15 Cr. These proceeds are to fund capital expenditure, repay debt, and meet working capital needs. Retail investors must purchase a minimum of 2 lots of 2,000 shares each. This company works in the construction formwork manufacturing and rental business.

Allotment Status

Check Allotment
Visit kFinTech
Visit NSE
Your Brokerage App
Key Dates
Refunds
May 25, 2026
Demat Credit
May 25, 2026
Listing Date
May 26, 2026
✅ Allotment Success: Demat Shares Credit May 25, 2026 | ❌ Non-Allotment: IPO Funds Unblocking (Refund)
Trading from 10:00 AM

In case of non-allotment, most banks unblock the ASBA funds and provide refunds within 24 to 48 hours of the allotment/refund date. You can contact the registrar/bank if you do not get the refund in 7-10 working days.

How to Check Allotment Status

The official registrar for this IPO is Kfin Technologies Limited. They are responsible for the entire allotment process, refunds, and the share credit. You can check the status on three different platforms:

Method 1: Official Registrar Website

  • Visit KfinTech IPO portal.
  • Select ‘Teamtech Formwork’.
  • Enter PAN or Application Number.
  • Submit.

Method 2: BSE / NSE Website

  • Go to the BSE IPO Allotment.
  • Select Equity.
  • Enter Application Number and PAN.

Method 3: Demat Account

  • Log in to your broker (e.g., Zerodha)
  • Go to the IPO section.
  • Check the “My Applications” tab.

Get in touch with Kfin Technologies Ltd. for any concerns or queries related to allotment, refunds, or credit of shares. You can call on 04067162222 or email at teamtech.ipo@kfintech.com.

After Allotment: What's Next?

✅ Allotted Shares
May 25, 2026
Shares credited to your Demat account by end of day. Check under 'Holdings' in your broker app.
❌ Not Allotted
May 25, 2026
ASBA amount unblocked by your bank. Funds will reflect in your account within 1-2 business days.
📈 Listing Day Trading
May 26, 2026
Shares available for trading from market open (9:15 AM). You can sell on listing day.
Verify Demat Credit
Check broker app or CDSL/NSDL portal
Refund Timeline
Wait 24-48 hours post allotment
Listing Strategy
Decide hold or sell based on GMP

Frequently Asked Questions

When will I know tThe Teamtech Formwork Solutions IPO allotment status?

The allotment status will be finalized on May 22, 2026. You can check the status on the registrar’s website, the BSE/NSE websites, or your Demat account.

What is the refund date for the Teamtech Formwork Solutions IPO?

The initiation of refunds is scheduled for May 25, 2026. If you are not allotted shares, the blocked amount will start getting unblocked on this date.

When will the shares be credited to my Demat account?

The shares will be credited to the successful applicants’ Demat accounts on May 25, 2026. You should see them in your holdings by the end of the day.

Where can I check the Teamtech Formwork Solutions IPO allotment status?

You can check the allotment status on the official registrar’s website, Kfin Technologies Ltd., or on the BSE/NSE websites by using your PAN or application number.

What should I do if the blocked amount is not refunded?

If the blocked ASBA amount is not unblocked within 7-10 working days after the refund date, you should contact your bank or the IPO registrar, Kfin Technologies Ltd.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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