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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Teamtech Formwork Solutions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹63
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,26,000
Issue Size
₹50.15 Cr
Face Value
₹5
Per ShareIPO Type
Book Building - SME
Retail Quota
35.03%
QIB Quota
49.97%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
81.25%
Promoter Holding (Post-Issue)
59.67%
Issue Type
Book Building - SME
ISIN
INE2OL601013
Our Company operates on business-to-business ("B2B") model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Formwork systems serve as temporary moulds that support and shape concrete which is poured into it until it attains the desired structural form (It provides support until the concrete gains enough strength to sustain its own weight and any imposed loads), making them an essential component of modern construction activities. We provide modular T formwork systems, including customised design, and technical support for projects. In addition to manufacturing new formwork systems, we also undertake refurbishment and reconditioning of used formwork, activities enabling customers to extend product life. The Company also offers a rental model, allowing customers to access formwork solutions without capital expenditure.
India's construction sector plays a vital role in the country's economic growth, addressing essential infrastructure requirements while generating significant employment. Public infrastructure strengthens connectivity, boosts trade, and improves living standards. The government has introduced multiple models to encourage private investment in roads, highways, airports, industrial parks, and education and skill development sectors. India possesses the world's second-largest road network, with National Highways extending 1,46,145 km. The metro network, currently 810 kms across 20 cities, ranks fifth globally and is expected to become the third largest. Rapid urbanisation, foreign investment, and smart city initiatives have accelerated world-class infrastructure development nationwide. For further details, please refer to the chapter titled "Industry Overview" on Page no. 110 of the Offer document.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of up to 79,60,000 equity shares of face value of Rs. 5/- each of Teamtech Formwork Solutions Limited (the"Company" or the "Issuer") for cash at a price of Rs. 63 per equity share including a share premium of Rs. 58 per equity share ("Issue Price") aggregating to Rs. 50.15 Crores ("The Issue"), of which 4,00,000 equity shares at a price of Rs. 63 per equity share including premium aggregating to Rs. 2.52 Crores will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 75,60,000 equity shares of face value of Rs. 5/- each at a price of Rs. 63 per equity share including premium aggregating to Rs. 47.63 Crores is herein after referred to as "Net Issue". The issue and the net issue will constitute 26.55% and 25.22%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 5/- each. Price Band Rs. 63.00 per equity share of face value of Rs. 5.00/- each. The floor price is 12.6 times the face value of the equity shares. Bids can be made for a minimum size of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as Teamtech Formwork Solutions Private Limited on November 12, 2018 under the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies/ Central Processing Centre. Subsequently, the name of the company was changed from "Teamtech Formwork Solutions Private Limited" to "Teamtech Formwork Solutions Limited" under The Companies Act, 2013 pursuant to a special resolution passed by our shareholders at the Extra-Ordinary General Meeting held on 12.12.2025 and had obtained fresh certificate of incorporation dated December 30, 2025 issued by the Registrar of Companies Central Processing Centre, with Corporate Identification Number of the Company U29190TG2018PLC128233.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.