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TEAMTECHSME / NSEListed

Teamtech Formwork Solutions Limited

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.

₹61 - ₹637.09x sub
Listed Price75.00
Listing Gain+19.05%
TimelineBookbuilding IPO
Open19 May 2026
Close21 May 2026
Allotment22 May 2026
Listing26 May 2026

Quota Reservation Portions

AnchorPortion: 22,66,000 shares
28.47%
QIBPortion: 15,12,000 shares
18.99%
HNIPortion: 11,34,000 shares
14.25%
RetailPortion: 26,48,000 shares
33.27%
Market MakerPortion: 4,00,000 shares
5.03%

Minimum Application Bracket Matrix

Retail2 lots / 4,000 shares
₹2,52,000
sHNI3 lots / 6,000 shares
₹3,78,000
bHNI8 lots / 16,000 shares
₹10,08,000

About the Company

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.

Company Promoters

Eldo VargheseChaitanya Prakash KotagiriSalinraj Kunnummal