Teamtech Formwork Solutions Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band
₹61 – ₹63
Lot Size
2,000 shares
Min. Investment
₹1,26,000
Total Issue Size
₹50.15 Cr
79,60,000 shares
Fresh Issue
₹50.15 Cr
79,60,000 shares
Offer for Sale
₹0 Cr
Face Value
₹5 per share
Issue Type
Book-built IPO
Listing At
NSE SME
Shares Pre-Issue
2,20,16,000
Shares Post-Issue
2,99,76,000

Lot Size & Investment

1 lot = 2,000 shares

Retail (min)

2 lots · 4,000 shares

Retail (max)

2 lots · 4,000 shares

S-HNI (min)

3 lots · 6,000 shares

ApplicationLotsSharesAmount
Retail24,000₹2,52,000
Small HNI (S-HNI)36,000₹3,78,000
Big HNI (B-HNI)816,000₹10,08,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets66.754024.96
Total Income54.2332.9830.31
Profit After Tax11.597.847.69
EBITDA17.59.249.11
Net Worth33.2221.6313.79
Reserves & Surplus22.2119.0711.23
Total Borrowing16.6811.13.64

Key Performance Indicators

Key performance indicators
PeriodMar-26
ROE (%)42.26
ROCE (%)40.92
EPS (₹)5.26
P/E (pre-issue)11.97
P/E (post-issue)16.29

About Teamtech Formwork Solutions Limited

Incorporated in November 2018, Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model, manufacturing, refurbishing, and renting modular T-formwork and customised formwork systems for the construction industry. The company’s product portfolio includes standard panels, customised panels, and formwork accessories & supporting components, which together form a complete modular formwork system for various construction requirements. The company provides modular T-formwork systems with customised design, engineering, technical support, refurbishment, and rental solutions for vertical concrete structures such as walls, shafts, tanks, bridges, foundations, and circular walls. The company operates a 20,000 sq. ft. in-house manufacturing and refurbishment facility in Bollaram, Telangana, equipped with laser and plywood cutting machinery. It also uses specialised formwork planning software for project design, panel estimation, and operational planning. As of March 31, 2026, the company had 100 employees across administration, engineering, operations, R&D, logistics, finance, sales, and management departments. Competitive Strength Experienced Management Team Integrated Business Model Strong Engineering and Technical Capabilities Established Manufacturing and Refurbishment Infrastructure System-Driven and Quality-Focused Operations Pan-India and International Market Presence Diversified Revenue Streams Long-Term Customer Relationships

Company Information

Book running lead managers
  • GetFive Advisors Pvt.Ltd.
Registered office
3rd Floor, Plot No.1050/1, Sree Sai Enclave, Survey No., 163/Part, Durgamatha House Building, Cooperative, Housing Society Ltd, Hydernagar, Hyderabad, Telangana, 500049
Market maker
SMC Global Securities Ltd.

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