How to Apply for the Teamtech Formwork Solutions IPO: Step-by-Step Investment Guide

Summary:


Teamtech Formwork Solutions Ltd operates in the construction support and engineering solutions segment and is engaged in manufacturing, refurbishment, and rental of modular formwork systems used in infrastructure and construction projects. The Teamtech Formwork Solutions IPO will open for subscription on May 19, 2026, and close on May 21, 2026. The public issue consists of 79,60,000 shares with a price band of ₹61 to ₹63 per share. The company plans to utilise the IPO proceeds for capital expenditure, repayment or prepayment of borrowings, working capital requirements, and general corporate purposes.

Teamtech Formwork Solutions Ltd operates in the construction support and engineering solutions segment through a business-to-business (B2B) model. The company is engaged in the manufacturing, refurbishment, and rental of modular T-formwork and customised formwork systems used across construction and infrastructure projects. Its product portfolio includes standard panels, customised panels, accessories, and supporting components designed for different structural requirements. The company also provides customised design, engineering, technical support, refurbishment, and rental solutions for concrete structures such as walls, shafts, bridges, foundations, tanks, and circular walls. The company operates a manufacturing and refurbishment facility in Telangana equipped with machinery for formwork production and processing activities. It also uses specialised software for project planning, panel estimation, and operational management.

Investors planning to apply for the Teamtech Formwork Solutions IPO can do so through the ASBA facility available in net banking platforms or through UPI-supported applications provided by registered stock brokers and trading platforms. Applicants are generally required to select the IPO under the ongoing public issues section, enter the bid quantity, provide UPI details if applicable, and approve the payment mandate within the specified timeline. 

For more details, visit the Teamtech Formwork Solutions IPO page.

Teamtech Formwork Solutions IPO Details and Objectives

Details

Information

IPO Date

May 19, 2026 to May 21, 2026

Issue Size

79,60,000 shares (agg. up to ₹50.15 Cr)

Price Band

₹61 to ₹63 per share

Lot Size

2000 shares

Listing At

SME, NSE

Market Maker

SMC Global Securities Ltd.

Purpose of the IPO

  • Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit

  • Repayment/prepayment of all or certain of the borrowing availed by the company.

  • To meet the working capital requirements

  • General corporate purposes

Timeline of Teamtech Formwork Solutions IPO

Event

Date

IPO Open Date

Tue, May 19, 2026

IPO Close Date

Thu, May 21, 2026

Tentative Allotment

Fri, May 22, 2026

Initiation of Refunds

Mon, May 25, 2026

Credit of Shares to Demat

Mon, May 25, 2026

Tentative Listing Date

Tue, May 26, 2026

Cut-off time for UPI mandate confirmation

5 PM on Thu, May 21, 2026

Pricing & Lot Size of Teamtech Formwork Solutions IPO

Price Band for the IPO

  • ₹61 to ₹63 per share

Minimum Lot Size and Application Details

Application

Lots

Shares

Amount

Individual investors (Retail) (Min)

2

4,000

₹2,52,000

Individual investors (Retail) (Max)

2

4,000

₹2,52,000

S-HNI (Min)

3

6,000

₹3,78,000

S-HNI (Max)

7

14,000

₹8,82,000

B-HNI (Min)

8

16,000

₹10,08,000

Teamtech Formwork Solutions IPO Application Process

The Teamtech Formwork Solutions IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:

Step 1: Login to Your Trading Platform

Access your trading account using the trading platform.

Step 2: Navigate to the IPO Section

Go to the IPO section to view active IPO listings.

Step 3: Select the Open IPO and Click Apply

Locate Teamtech Formwork Solutions IPO in the list of available IPOs and click the ‘Apply’ button.

Step 4: Enter the Quantity of Shares You Wish to Apply For

Specify the number of shares (lot size: 2000 shares) within the price band of ₹61 to ₹63 per share.

Step 5: Provide Your UPI ID

Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.

Step 6: Confirm the Application

Review your application details and confirm the UPI mandate before 5 PM on the last application day.

Step 7: Complete the Process and Wait for IPO Allotment Status

Submit the application and monitor the allotment status to check if shares have been allocated to you.

Shares Offered in Teamtech Formwork Solutions IPO

The allocation of shares in the Teamtech Formwork Solutions IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.

Investor Category

Shares Offered

QIB Shares Offered

37,78,000

  − Anchor Investor Shares Offered

22,66,000

  − QIB (Ex. Anchor) Shares Offered

15,12,000

NII (HNI) Shares Offered

11,34,000

Retail Shares Offered

26,48,000

Firm Reservations

Market Maker Shares Offered

4,00,000

Total Shares Offered

79,60,000

This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹24.96 crore in FY24 to ₹66.75 crore as of March 2026.

  • Total Income: Recorded at ₹54.23 crore in March 2026, as compared to ₹30.31 crore in FY24.

  • Profit After Tax (PAT): Reported at ₹11.59 crore in March 2026, and ₹7.69 crore in FY24.

  • Net Worth: Recorded at ₹33.22 crore in March 2026 compared to ₹13.79 crore in FY24.

  • Reserves & Surplus: Stood at ₹22.21 crore in March 2026, as compared to ₹11.23 crore in FY24.

  • Total Borrowings: Stood at ₹16.68 crore in March 2026, as compared to ₹3.64 crore in FY24.

  • EBITDA: Stood at ₹17.50 crore in March 2026 in comparison to ₹9.11 crore in FY24.

Recent Performance and Growth Prospects

  • The company reported growth in its asset base during the reported financial period, reflecting expansion in operational scale and business activities.

  • Income levels increased during the period under review, indicating higher business turnover and execution of projects across operations.

  • Profit after tax recorded growth compared to the earlier financial year, reflecting changes in revenue generation and operational performance.

  • The company’s net worth strengthened during the reported period, supported by growth in retained earnings and business expansion activities.

  • Reserves and surplus also increased compared to the previous financial year, indicating accumulation of earnings within the business.

  • Borrowings increased during the period under review, which may be linked to operational requirements, expansion activities, or working capital management.

  • EBITDA reported growth over the previous financial year, reflecting changes in operational income and business activity levels.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • The company operates in the construction and infrastructure segment, where business activity may be influenced by project execution timelines, raw material availability, and sector-related demand conditions.

  • Borrowings increased during the reported financial period, and future financial performance may depend on effective working capital management, operational execution, and utilisation of funds raised through the IPO.

Opportunities and Growth Potential

  • The company operates in the modular formwork and construction solutions segment, which may benefit from ongoing infrastructure development, urbanisation trends, and construction activities across sectors.

  • Expansion plans related to manufacturing facilities, plant and machinery, and operational capabilities may support future business activities, project execution capacity, and customer engagement across infrastructure projects.

Key Performance Indicator (KPI)

KPI

Mar 31, 2026

ROE

42.26%

ROCE

40.92%

Debt/Equity

0.50

RoNW

34.89%

PAT Margin

21.60%

EBITDA Margin

32.61%

Teamtech Formwork Solutions IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

Kfin Technologies Ltd.

GetFive Advisors Pvt.Ltd.

Company Address of 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

Phone: +91 7801046161

Email: complianceofficer@teamtechengg.com

Website: https://teamtechengg.com/

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Teamtech Formwork Solutions IPO allotment status.

Frequently Asked Questions

Published Date : 18 May 2026

Disclaimer :

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


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Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

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