Teamtech Formwork Solutions IPO is a book-built issue worth ₹50.15 crore. The IPO consists entirely of a fresh issue of 79.60 lakh equity shares. The IPO opens for subscription on May 19, 2026, and closes on May 21, 2026. The allotment is expected to be finalised on May 22, 2026, with tentative listing on NSE SME scheduled for May 26, 2026.
The IPO is priced in a band of ₹61 - ₹63 per share. Retail investors must apply for a minimum of 2 lots comprising 4,000 shares, requiring an investment of ₹2,52,000 at the upper price band. HNI investors must apply for a minimum of 3 lots (6,000 shares), amounting to ₹3,78,000.
GetFive Advisors Pvt. Ltd. is the book-running lead manager to the issue, and Kfin Technologies Ltd. is the registrar. SMC Global Securities Ltd. is the market maker for the IPO.
For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Teamtech Formwork Solutions IPO RHP.
