Teamtech Formwork Solutions Limited
ListedSMEIndustrials · NSE
Founded in November 2018, Teamtech Formwork Solutions Limited operates on a B2B model and provides modular and customized formwork solutions for the construction industry through manufacturing, refurbishment, and rental services. The company offers modular T-formwork panels and accessories designed for various concrete structures such as walls, foundations, tanks, bridges, shafts, and circular structures. Along with producing new systems, it also refurbishes used formwork to extend product life and offers rental options that help customers reduce upfront investment costs. The company runs a 20,000 sq. ft. manufacturing and refurbishment facility in Bollaram, Telangana, equipped with advanced laser and plywood cutting machinery. It also uses specialized software for design, planning, and operations to improve project accuracy, efficiency, and quotation reliability.
Price Band
₹61 – ₹63
Issue Size
₹796.00 L Cr
Lot Size
2000 shares
GMP
₹4
+6.3%
Est. Listing
₹67
at current GMP
Subscribed
7.09x
overall
Open
19 May 2026
Close
21 May 2026
Allotment
22 May 2026
Refund
23 May 2026
Demat Credit
24 May 2026
Listing
26 May 2026
Last updated 4 months ago
Official Registrar Verification
Teamtech Formwork Solutions Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
22 May 2026
Basis finalization
Refunds Initiate
23 May 2026
Mandate release
Demat Credit
24 May 2026
Shares in demat
Listing Debut
26 May 2026
Trading begins
How to Check Teamtech Formwork Solutions Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Teamtech Formwork Solutions Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Teamtech Formwork Solutions Limited Public Issue & Market Profile
Teamtech Formwork Solutions Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹79,60,000 Crores. The shares are offered at a price band of ₹61 to ₹63 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-05-24, while un-allotted funds or UPI block mandates will be released on 2026-05-23.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.