Teamtech Formwork Solutions IPO
Teamtech Formwork Solutions Limited
Minimum Investment
About Company
Company Name: Teamtech Formwork Solutions Limited
Industry / Sector: Construction Equipment / Formwork Systems Manufacturing & Rental
Founded Year: 2018
Promoters: Eldo Varghese, Chaitanya Prakash Kotagiri, Salinraj Kunnummal
Teamtech Formwork Solutions Limited operates on a B2B model, manufacturing, refurbishing, and renting modular T-formwork and customised formwork systems for the construction industry. The company provides complete modular formwork solutions for vertical concrete structures such as walls, shafts, tanks, bridges, foundations, and circular walls. It operates a 20,000 sq. ft. manufacturing and refurbishment facility in Bollaram, Telangana. As of March 31, 2026, the company had 100 employees.
IPO Basic Details
| Company Name | Teamtech Formwork Solutions Limited |
| IPO Type | SME IPO |
| Price Band | ₹61 – ₹63 |
| Lot Size | 2000 |
| Total Issue Size | ₹50.15 Cr (79,60,000 shares) |
IPO Strengths & Risks
Strengths
- Integrated manufacturing and refurbishment facility
- Strong engineering and technical capabilities
- Experienced management team
- Pan-India and international market presence
- Long-term customer relationships
Risks
- Project execution risks
- Dependence on construction sector
- Raw material price volatility
IPO Important Dates
| IPO Open Date | 19 May 2026 |
| IPO Close Date | 21 May 2026 |
| Basis of Allotment | 22 May 2026 |
| Refund Initiation | 25 May 2026 |
| Demat Credit Date | 25 May 2026 |
| Listing Date | 26 May 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance amount
Investor Reservation
| QIB Quota | 49.97% (incl. Anchor) |
| Retail Quota | 35.03% |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 4000 | ₹2,52,000 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 lots | 6000 | ₹3,78,000 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 8 lots | 16000 | ₹10,08,000 |
Key Performance Indicators (KPI)
| ROE | 42.26% |
| ROCE | 40.92% |
| RoNW | - |
| PAT Margin | 21.60% |
| EBITDA Margin | 32.61% |
| EPS | - |
| NAV per share | - |
| Debt to Equity | 0.50 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2024 | 24.96 Cr | 30.31 Cr | 7.69 Cr | 9.11 Cr | 13.79 Cr | 3.64 Cr |
| 31 Mar 2025 | 40.00 Cr | 32.98 Cr | 7.84 Cr | 9.24 Cr | 21.63 Cr | 11.10 Cr |
| 31 Mar 2026 | 66.75 Cr | 54.23 Cr | 11.59 Cr | 17.50 Cr | 33.22 Cr | 16.68 Cr |
Grey Market Premium
| GMP Price | N/A (pre-listing) |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | May 2026 |
| Estimated Listing Price | N/A |
IPO Subscription Data
| Total Subscription | Pending (IPO opens 19 May 2026) |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: KFin Technologies Ltd.
Registrar Website: https://www.kfintech.com
IPO Lead Manager(s)
Company Information
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
Website: https://teamtechengg.com/
Email: complianceofficer@teamtechengg.com
Phone: +91 78010 46161
IPO Documents
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