Teamtech Formwork IPO Description – Teamtech Formwork Solutions is a B2B engineering company engaged in the manufacturing, refurbishment, and rental of modular formwork systems used in the construction industry. Formwork acts as a temporary mould that supports and shapes concrete structures until they gain sufficient strength, making it a critical component in modern infrastructure development.
The company primarily focuses on vertical modular T-formwork systems, which are widely used in applications such as foundations, walls, shafts, bridges, tanks, and other structural elements. Its offerings include standard panels, customised formwork solutions, and a wide range of accessories, enabling adaptability across diverse project requirements. In addition to manufacturing, the company provides refurbishment services to extend product lifecycle and a rental model that allows contractors to reduce upfront capital expenditure. Teamtech runs an integrated facility with in-house design, engineering, and production capabilities, supported by specialised machinery and software for formwork planning and project estimation. As of 31 December 2026, the company employs a staff of 90.
Promoters of Teamtech Formwork – Eldo Varghese, Chaitanya Prakash Kotagiri, Salinraj Kunnummal
Teamtech Formwork IPO Details
| Teamtech Formwork IPO Dates | Coming soon |
| Teamtech Formwork Issue Price | Coming soon |
| Fresh Issue | 79,60,000 shares |
| Offer For Sale | Nil |
| Total IPO Size | 79,60,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 2,20,16,000 shares |
| Face Value | INR 5 per share |
| Listing On | NSE Emerge |
Teamtech Formwork IPO Category Allocation
Teamtech Formwork Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 9M FY 2026 | |
| Revenue | 20.58 | 30.30 | 32.71 | 31.74 |
| Expenses | 16.72 | 22.31 | 24.97 | 22.59 |
| Net Income | 2.95 | 7.69 | 7.84 | 7.33 |
| Margin (%) | 14.33 | 25.38 | 23.97 | 23.09 |
Teamtech Formwork Offer News
Teamtech Formwork Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 5.77 | 15.03 | 15.31 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 1.14 | 1.43 | 0.97 |
| RONW (%) | 46.47 | 55.79 | 36.24 |
| NAV | 2.89 | 6.26 | 9.82 |
| ROCE (%) | 48.64 | 57.42 | 37.48 |
| EBITDA (%) | 20.95 | 30.07 | 29.07 |
| Debt/Equity | 0.51 | 0.26 | 0.51 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Teamtech Formwork IPO Anchor Investors
Teamtech Formwork raises () from anchor investors. Teamtech Formwork Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Teamtech Formwork Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Funding of Capital Expenditure towards the purchase of plant and machineries for new manufacturing unit – INR 11.81 crore
- Repayment/prepayment of all or certain of its borrowing availed by the company – INR 15.50 crore
- To meet working capital requirements – INR 13.08 crore
- General corporate purposes
Teamtech Formwork IPO GMP Today
Teamtech Formwork IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of 4,00,000 shares and the anchor investor portion of () shares are not included in the above calculations.
Teamtech Formwork IPO Allotment Status
You can check Teamtech Formwork IPO allotment status on Kfin Technologies’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Teamtech Formwork IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on NSE Emerge | Coming soon |
| Closing Price on NSE Emerge | Coming soon |
Teamtech Formwork Offer Lead Manager
GETFIVE ADVISORS PRIVATE LIMITED
502, Abhishree Avenue, Nehrunagar,
Manekbag, Ahmedabad, Gujarat, India, 380015
Phone: 079 – 40300332
Email: [email protected]
Website: www.getfive.in
Teamtech Formwork Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
TEAMTECH FORMWORK SOLUTIONS LIMITED
3rd Floor, Plot No. 1050/1, Sree Sai Enclave,
Survey No. 163/Part, Durgamatha House Building Society,
Ranga Reddy Medchal, Hyderabad 500049, Telangana
Phone: +91 7801046161
E-mail: [email protected]
Website: www.teamtechengg.com
IPO Resources
What is the Teamtech Formwork offer size?
Teamtech Formwork offer size is INR NA crores.
What is the Teamtech Formwork offer price band?
Teamtech Formwork public offer price is INR NA per share.
What is the lot size of the Teamtech Formwork IPO?
Teamtech Formwork offer lot size is NA shares.
What is the Teamtech Formwork IPO GMP today?
Teamtech Formwork IPO GMP today is INR NA per share.
What is the Teamtech Formwork IPO Subject to Sauda rate today?
Teamtech Formwork Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
