Minimum Investment
₹126,000
Price Range
₹61 to ₹63
Lot Size
2000 shares
Issue Size
₹50 Cr
About the Company
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.
Bookbuilding IPO
IPO Objectives
- 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 your company To meet the working capital requirements
- General Corporate Purpose
Important Dates
| Bid/Offer Opens On | 19-05-2026 |
| Bid/Offer Closes On | 21-05-2026 |
| Finalisation of Basis of Allotment | 22-05-2026 |
| Initiation of Refunds | 25-05-2026 |
| Credit of Shares to Demat | 25-05-2026 |
| IPO Listing Date | 26-05-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 1,512,000 | 6,478,000 | 4.28x |
| NII | 1,134,000 | 14,908,000 | 13.15x |
| NII ( >10 lakh) | 756,000 | 11,792,000 | 15.60x |
| NII ( <10 lakh) | 378,000 | 3,116,000 | 8.24x |
| Retail | 2,648,000 | 0 | 0.00x |
| Total | 5,294,000 | 21,386,000 | 4.04x |
Grey Market Premium (GMP)
₹1.00
per share
Registrar
Kfin Technologies Ltd.
Lead Managers
- GetFive Advisors Pvt.Ltd.
Company Promoters
- Eldo Varghese
- Chaitanya Prakash Kotagiri
- Salinraj Kunnummal.\r\n
