| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹50.15 Cr |
| Reserved for Market Maker | ₹2.52 Cr |
| Net Issue Size | ₹50.15 Cr |
| Fresh Issue | ₹47.63 Cr |
| Face Value | โน5 Per Equity Share |
| Price Band | โน61.00-63.00 per share |
| NSE Code | TEAMTECH |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | GetFive Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares ยท Multiples of 2,000 shares
Teamtech Formwork Solutions Limited follows a B2B business model focused on manufacturing, refurbishing, and leasing modular T-formwork and customised formwork solutions for the construction sector.
The company offers modular T-formwork systems along with customised designs and technical assistance to meet diverse project requirements. In addition to producing new formwork systems, it also refurbishes and restores pre-used formwork to enhance usability and extend operational life. Further, its rental services allow construction companies to use formwork systems without making significant upfront investments.
Teamtech Formwork Solutions manufactures vertical modular T-formwork systems designed for various concrete construction applications such as foundations, retaining walls, shafts, storage tanks, bridges, circular structures, and other vertical structural components.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit | 11.92 |
| 2 | Repayment/prepayment of all or certain of the borrowing availed by your company | 15.50 |
| 3 | To meet the working capital requirements | 13.77 |
| 4 | General Corporate Purpose | 4.29 |
| 5 | Issue expenses | 4.66 |
| Total | 50.15 |
Teamtech Formwork Solutions Ltd.'s revenue increased by 64% and profit after tax (PAT) rose by 48% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 66.75 | 40.00 | 24.96 |
| Total Income | 54.23 | 32.98 | 30.31 |
| Profit After Tax | 11.59 | 7.84 | 7.69 |
| EBITDA | 17.50 | 9.24 | 9.11 |
| NET Worth | 33.22 | 21.63 | 13.79 |
| Reserves and Surplus | 22.21 | 19.07 | 11.23 |
| Total Borrowing | 16.68 | 11.10 | 3.64 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 42.26% |
| ROCE | 40.92% |
| Debt / Equity | 0.50% |
| RoNW | 34.89% |
| PAT Margin | 21.60% |
| EBITDA Margin | 32.61% |
| Price to Book Value | 4.17 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.26 | 3.87 |
| P/E (x) | 11.97 | 16.29 |
| Promoter Holding | 81.25% | 59.67% |
| Market Cap | โน188.85 Cr. | |