Teamtech Formwork Solutions Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 4.28x | 1,512,000 | 6,478,000 | ₹10 Cr |
| NII (HNI) | 12.79x | 1,134,000 | 14,508,000 | ₹7 Cr |
| Retail | 6.10x | 2,648,000 | 16,140,000 | ₹17 Cr |
| Market Maker | — | 400,000 | — | ₹3 Cr |
| Σ Total | 7.01x | 5,294,000 | 37,126,000 | ₹33 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹126,000 |
| Retail (Max) | 13 | 26,000 | ₹1,638,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,764,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,442,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 54 | 33 | 30 |
| EBITDA | 18 | 9 | 9 |
| Profit After Tax | 12 | 8 | 8 |
| Net Worth | 33 | 22 | 14 |
| Total Assets | 67 | 40 | 25 |
| Reserves & Surplus | 22 | 19 | 11 |
| Total Borrowing | 17 | 11 | 11 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit – 11.92
- Repayment/prepayment of all or certain of the borrowing availed by your company – 15.50
- To meet the working capital requirements – 13.77
- General Corporate Purpose –
Company Overview
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.
The company offers various customised, modular formwork panels and accessories with detailed specifications.
The company provides modular T formwork systems with customised design and technical support. Along with manufacturing new formwork, it refurbishes and reconditions used systems to extend their life. It also offers a rental model, enabling customers to access formwork solutions without capital expenditure.
The Company manufactures vertical modular T-formwork systems suitable for a wide range of vertical concrete structures, including foundations, walls, shafts, tanks, bridges, circular walls and various other structural elements.
The company operates a 20,000 sq. ft. in-house manufacturing and refurbishment facility in Bollaram, Telangana. It is equipped with laser and plywood cutting machinery for modular formwork systems.
The Company uses software for design and operational activities. Formwork planning software helps assess panel needs based on client designs, aiding project timelines and reliable quotations. This improves efficiency and planning accuracy.
Competitive Strength
- Experienced Management Team
- Integrated Business Model
- Strong Engineering and Technical Capabilities
- Established Manufacturing and Refurbishment Infrastructure
- System-Driven and Quality-Focused Operations
- Pan-India and International Market Presence
- Diversified Revenue Streams
- Long-Term Customer Relationships