Teamtech Formwork Solutions SME IPO GMP Today
The Teamtech Formwork Solutions SME IPO closed on 21 May 2026. Teamtech Formwork Solutions SME IPO GMP is Rs 5.00 today. Listing price estimate is Rs 68.00 (issue price Rs 63.00). Listing gain estimate: 7.94%.
Issue Price
Rs 63.00
GMP Today
Rs 5.00
GMP %
+7.94%
Listing Price
Rs 68.00
Listing Gain / Lot
Rs 20,000.00
Listing Date
26 May 2026
Teamtech Formwork Solutions SME IPO GMP Day Wise
GMP for Teamtech Formwork Solutions SME started at Rs 0 on 14 May 2026 and stood at Rs 3 on 22 May 2026. The sharpest single-day jump was from Rs 0 on 20 May 2026 to Rs 2 on 21 May 2026. GMP has moved in both directions during the tracked period. That often means sentiment is unsettled and the final listing price is harder to predict.
| Date | Issue Price | GMP | Listing Price | Estimated Profit |
|---|---|---|---|---|
| 22 May 2026Today | Rs 63.00 | Rs 3.00 | Rs 66.00 (+4.76%) | Rs 12,000.00 |
| 21 May 2026 | Rs 63.00 | Rs 2.00 | Rs 65.00 (+3.17%) | Rs 8,000.00 |
| 20 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
| 19 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
| 18 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
| 17 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
| 16 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
| 15 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
| 14 May 2026 | Rs 63.00 | Rs 0.00 | Rs 63.00 (+0.00%) | Rs 0.00 |
Teamtech Formwork Solutions SME IPO Listing Price
Based on today's GMP, Teamtech Formwork Solutions SME IPO listing price estimate is Rs 68.00 per share (issue price Rs 63.00 + GMP Rs 5.00).
Actual listing price will be known on 26 May 2026 when the stock lists on NSE/BSE.
Teamtech Formwork Solutions SME IPO Listing Gain
Lot size: 2000 shares (min. 2 lots for SME)
GMP today: Rs 5.00
Estimated listing gain per lot: Rs 5.00 × 4000 = Rs 20,000.00
At about 7.9% GMP, demand looks positive but not aggressive. Listing outcome will depend heavily on subscription data and market mood on listing day.
GMP is unofficial. Listing gain can differ on listing day.
Teamtech Formwork Solutions SME IPO Subscription Status
GMP and subscription numbers often move together. When institutional and HNI demand is strong, grey market participants usually price in a higher premium. Current overall subscription for Teamtech Formwork Solutions SME is 7.09x. Compare this with the GMP trend to see if demand aligns. The GMP move around 21 May 2026 may reflect how the market reacted once the subscription window activity picked up after 19 May 2026.
See live figures on the Teamtech Formwork Solutions SME IPO Subscription Status page.
Teamtech Formwork Solutions SME IPO Details
| Field | Value |
|---|---|
| Price Band | ₹61.0 - ₹63.0 |
| Issue Size | ₹50.15 Cr |
| Lot Size | 2000 shares |
| IPO Type | NSE SME |
| Open Date | 19 May 2026 |
| Close Date | 21 May 2026 |
| Listing Date | 26 May 2026 |
| Subscription | 7.09x |
Teamtech Formwork Solutions SME IPO full details (financials, peers, review).
About Teamtech Formwork Solutions SME
Teamtech Formwork Solutions Limited, incorporated in 2018, is a specialized business-to-business (B2B) engineering provider for the construction and infrastructure sector. The company specializes in manufacturing, refurbishing, and renting modular T-formwork and customized formwork systems. Its systems are engineered for building vertical concrete structures such as shear walls, lift shafts, storage tanks, bridges, and complex circular foundations. Operating from a 20,000 sq. ft. precision facility in Bollaram, Telangana, Teamtech uses specialized formwork planning design software alongside laser and advanced cutting tools to optimize construction execution and extend the life cycle of pre-used equipment.
Teamtech Formwork Solutions SME IPO Subscription Status
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Teamtech Formwork Solutions SME IPO Allotment Status
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Teamtech Formwork Solutions SME IPO Details
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Teamtech Formwork Solutions SME IPO GMP FAQs
What is the current GMP for Teamtech Formwork Solutions SME?
The current GMP for Teamtech Formwork Solutions SME is Rs 5 as of 6 June 2026, 6:47 PM IST. This is a premium of 7.94% over the issue price of Rs 63.
What is the estimated listing price based on current GMP?
The estimated listing price is Rs 68 per share, calculated as issue price (Rs 63) plus GMP (Rs 5). Actual listing price will be confirmed on 26 May 2026.
Will Teamtech Formwork Solutions SME IPO list at the GMP price?
Teamtech Formwork Solutions SME IPO may list around Rs 68 based on current GMP of Rs 5, but there is no guarantee it will list exactly at the grey market price. GMP is unofficial. The actual listing price on 26 May 2026 depends on market sentiment, subscription demand, and broader index levels on listing day. When subscription is strong and GMP holds steady after the IPO closes, listing price often comes close to the GMP estimate. Sharp GMP drops after subscription close have led to listings below the grey market price in the past.
What is the estimated profit per lot based on GMP?
At GMP of Rs 5 and lot size of 2000 shares (minimum 2 lots for SME), estimated grey market profit is Rs 20,000 (2 lots x 2000 shares x Rs 5). This is unofficial and not guaranteed.
What is GMP (Grey Market Premium)?
GMP is the premium at which IPO shares trade in the unofficial grey market before listing on NSE or BSE. It reflects informal demand and sentiment, not an exchange-set price.
How is GMP calculated?
Estimated listing price = issue price + GMP. GMP percentage = (GMP / issue price) x 100. Estimated profit per lot = GMP x lot size x minimum lots (2 for SME, 1 for mainboard).
Is GMP reliable for IPO investment decisions?
GMP is a sentiment indicator. Use it with subscription data, financials, valuation, and market conditions. It does not guarantee listing price or listing day gains.
Can GMP change before listing?
Yes. GMP can change between the close date (21 May 2026) and listing date (26 May 2026) based on market mood, news, and broader index movement.
What happens if GMP is negative?
Negative GMP suggests weak informal demand and possible listing below issue price. Actual listing may still differ.
How does GMP affect IPO subscription?
Rising GMP can attract more applications in the final hours of subscription. High GMP with weak fundamentals has still led to poor listings, so read subscription category-wise before applying.
Where can I track Teamtech Formwork Solutions SME subscription and allotment?
Check Teamtech Formwork Solutions SME IPO subscription status on IPOwiz for live category-wise bids. Allotment status can be checked from the allotment date on the IPOwiz allotment page.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. GMP verified before publish.