
Teamtech Formwork Solutions
Open Date
May 19, 2026
Close Date
May 21, 2026
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 PDFAbout 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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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%
Capital expenditure
The company will use ₹11.92 crore to purchase plant and machinery for the new manufacturing unit.
Repayment of debt
The company will use ₹15.5 crore for repayment of borrowings.
Working capital
The company will use ₹13.76 crore for working capital requirements of business.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
IPO Subscription Status
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
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