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Teamtech Formwork Solutions

Teamtech Formwork Solutions

Open Date

May 19, 2026

Close Date

May 21, 2026

listed

Min Investment

₹2,52,000

Lot Size

4000 Shares

Issue Size

₹50.15 Cr

Price Range

₹61 - ₹63

Listing Date

May 26, 2026

IPO Doc

RHP PDF

About Teamtech Formwork Solutions

Registered in November 2018, Teamtech Formwork Solutions Limited has adopted a Business to Business (B2B) strategy that involves manufacturing, refurbishing, and renting modular T-formwork and customized formwork solutions in the construction industry. The Company provides several types of customized, modular formwork solutions with their specifications provided. The Company provides modular T-formwork solutions, which incorporate a customized and technical design service offering. Besides the manufacture of new formwork, it offers refurbishment of old systems. It also rents its formwork solutions, thereby eliminating the need for investment capital from customers. The Company manufactures vertical modular T-formwork systems that are ideal for several vertical concrete structures including foundations, walls, shafts, tanks, bridges, circular walls, and many more. The Company maintains an in-house production facility occupying a total area of 20,000 sq. ft. located in Bollaram, Telangana. The facility is complete with laser cutters and plywood cutters for formwork manufacturing. The Company makes use of specialized software in its operations. Formwork planning software enables the Company to determine formwork requirements according to customer designs.

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Earning Expansion

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Teamtech Formwork Solutions IPO - Issue Objectives

The company will use ₹11.92 crore to purchase plant and machinery for the new manufacturing unit. The company will use ₹15.5 crore for repayment of borrowings. The company will use ₹13.76 crore for working capital requirements of business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

23.8%

Repayment of debt

31%

Working capital

27.5%

General corporate purposes

17.6%

1

Capital expenditure

The company will use ₹11.92 crore to purchase plant and machinery for the new manufacturing unit.

23.80%
2

Repayment of debt

The company will use ₹15.5 crore for repayment of borrowings.

31.00%
3

Working capital

The company will use ₹13.76 crore for working capital requirements of business.

27.50%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

17.60%

IPO Subscription Status

Retails
5.92x
QIB
4.28x
NII
13.10x

Financials of Teamtech Formwork Solutions

In Cr.

Contact Details

Teamtech Formwork Solutions

3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No. 163/Part, Durgamatha House Building Cooperative Housing Society Ltd., Hydernagar, Hyderabad, Telangana - 500049.

Teamtech Formwork Solutions IPO - FAQs

Teamtech Formwork Solutions IPO is a SME IPO. The issue is priced at 61-63. The minimum order quantity is 4000 Shares. The IPO opens on 19 May, and closes on 21 May. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.

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