Teamtech Formwork Solutions SME IPO Details 2026
All About Teamtech Formwork Solutions IPO:
The Teamtech Formwork Solutions size is ₹50.15 crore, including a fresh issue of ₹50.15 crore and an offer for sale of ₹- crore. It is a Book Building issue. The IPO issue opens on May 19, 2026 and closes on May 21, 2026. The share allotment is expected on May 22, 2026, and the listing date is May 26, 2026. Teamtech Formwork Solutions is based in Hyderabad, Telangana and operates in the Real Estate – Infrastructure sector. It filed its DRHP on February 26, 2026 and will list its shares on the NSE SME. Kfin Technologies Ltd. is the registrar, while GetFive Advisors Pvt.Ltd. serves as the merchant banker for the offer. SMC Global Securities Ltd. is the market maker.
IPO Highlights
IPO Reservation and Lot Size
The company has reserved shares for various investor categories. The Retail Shares reservation is 35.03% (26,48,000 shares), and QIB has 49.97% (37,78,000 shares). Further, the minimum lot size is 2,000 shares. The anchor investor reservation is 28.47% (22,66,000 shares), and the market maker reservation is 5.02% (4,00,000 shares).
IPO Issue Structure
QIB | 37,78,000 (47.46%) |
| Anchor Investor | 22,66,000 (28.47%) |
| QIB (Ex. Anchor) | 15,12,000 (18.99%) |
NII (HNI) | 11,34,000 (14.25%) |
bNII > ₹10L | – |
sNII < ₹10L | – |
Retail | 26,48,000 (35.03%) |
Market Maker | 4,00,000 |
Total | 79,60,000 |
On February 26, 2026 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.
IPO GMP
The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.
Financial Performance (₹ in Cr)
| Period Ended | 31 Dec 2025 (9 months) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Total Income | 42.32 (Annualised) | 54.23 | 32.98 | 30.31 |
| Profit After Tax | 9.76 (Annualised) | 11.59 | 7.84 | 7.69 |
| EBITDA | 14.27 (Annualised) | 17.5 | 9.24 | 9.11 |
| Net Worth | 28.95 (Dec 25) | 33.22 | 21.63 | 13.79 |
| Assets | 56.14 (Dec 25) | 66.75 | 40 | 24.96 |
| Total Debt | 16.53 (Dec 25) | 16.68 | 11.1 | 3.64 |
Key Performance Indicator
| Particulars | 31 Dec 2025 (9 months) | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| EBITDA Margin (%) | 33.71 | 29.05 | 30.07 | 20.95 |
| PAT Margin (%) | 23.06 | 23.94 | 25.38 | 14.71 |
| EPS (₹) | 3.33 | 3.56 | 3.5 | 1.34 |
| ROE (%) | 25.28 | 36.22 | 55.77 | 46.46 |
| ROCE (%) | 27.65 | 37.48 | 57.42 | 48.64 |
| ROA (%) | 13.04 | 19.58 | 31.15 | 23.06 |
| Debt to Equity (x) | 0.57 | 0.51 | 0.26 | 0.51 |
To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus.
Teamtech Formwork Solutions SME IPO Review:
You must assess the company’s financial position before deciding on investments. You can read our full review article here.
Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.
IPO Financial Snapshot
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Teamtech Formwork Solutions Company Details
Teamtech Formwork Solutions started its business in 2018. The company operates in the Real Estate – Infrastructure sector. It manufactures modular T-formwork and customised formwork systems for the construction industry. The team provides customised design, engineering, technical support, refurbishment, and rental solutions for vertical concrete structures. Its main office is in Hyderabad. It serves construction companies and developers every year. The firm employs 100 workers in various departments. Its leadership team has Eldo Varghese, Chaitanya Prakash Kotagiri, and Salinraj Kunnummal as promoters. The company holds several quality certificates for its operations: Integrated Business Model, System-Driven and Quality-Focused Operations.
Main Offerings:
Key Strength:
Company Address: 3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No., 163/Part, Durgamatha House Building Cooperative, Housing Society Ltd, Hydernagar, Hyderabad, Telangana, 500049
You can contact the company via call or email.
+91 7801046161 | complianceofficer@teamtechengg.com
Intermediaries & Key Contacts
Frequently Asked Questions
The Teamtech Formwork Solutions IPO is a book build SME issue worth ₹50.15 crores. The issue is entirely a fresh issue of 79,60,000 equity shares. The company makes and rents modular formwork systems for the construction industry.
The IPO opens for public subscription on May 19, 2026, and the bidding period closes on May 21, 2026.
The company has set the price band for its public issue between ₹61 and ₹63 per equity share.
Retail individual investors must apply for a minimum of 2 lots, which is 4,000 shares, costing ₹2,52,000 at the upper price band.
The allotment status is expected to be finalized on May 22, 2026. Investors can check the status online on the registrar’s website.
The shares of Teamtech Formwork Solutions will list on the NSE SME platform on May 26, 2026.
Kfin Technologies Ltd. is the official registrar responsible for the IPO allotment process and managing refunds.
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