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Teamtech Formwork Solutions Limited
IPO Type:
SME
Status:
Listed
Sector:
Construction / Formwork / Engineering
Exchange:
NSE SME
Teamtech Formwork Solutions Limited, incorporated in November 2018 and headquartered in Hyderabad, Telangana, is a B2B engineering company engaged in the manufacturing, refurbishment, and rental of modular T-formwork systems used in the construction industry. Provides customised formwork solutions, technical support, and rental services for infrastructure and real estate projects across India. Revenue ₹53.66 Cr (FY26) vs ₹32.98 Cr (FY25), PAT ₹11.59 Cr (FY26) vs ₹7.84 Cr (FY25). FY26 revenue +64%, PAT +48% YoY. Promoters: Eldo Varghese, Chaitanya Prakash Kotagiri, Salinraj Kunnummal. IPO proceeds for new manufacturing unit capex (₹11.81 Cr) and debt repayment (₹15.50 Cr).
Issue Size (Cr)
50.15
4.71
x times original subscription
75
Listing Price (₹)
Issue Dates
May 19–21, 2026
Price Band
₹61 to ₹63
Allotment Date
22 May 2026
Listing Date
26 May 2026
Lot Size
2000
QIB (times x)
NII (timex x)
Retail (times x)
Min Investment (₹)
252000
Registrar
KFin Technologies Ltd
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