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
Live Grey Market Premium
Teamtech Formwork Solutions Limited GMP Today
Last updated: 26 May 2026
Current Premium
₹4+6.3%
Issue Price (Upper)
₹63
Band: ₹61 – ₹63
Estimated Listing Price
₹67
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,26,000
Estimated Profit / Lot
₹8,000
2000 × ₹4
Teamtech Formwork Solutions Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹4
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹4 | 6.3% | ₹67 |
| 26 Sep 2026 | +₹4 | 6.3% | ₹67 |
| 25 Sep 2026 | +₹4 | 5.7% | ₹67 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Teamtech Formwork Solutions Limited IPO GMP today?
The latest grey market premium for Teamtech Formwork Solutions Limited IPO is ₹4, which indicates an expected listing price of ₹67.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.