Teamtech Formwork Solutions SME IPO

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.

Issue Price
63
Current GMP
₹5 (7.94%)
Overall Subscription
7.09x
Issue Size
₹50.15 Cr
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Live Subscription by Application

CategoryApplications OfferedApplications ReceivedSubscription
QIB756190.03x
FII
-5-
DFI
-0-
MF
-1-
Other
-13-
NII1891,1966.33x
bNII
1266895.47x
Corporate
-15-
Individual
-646-
Other
-28-
sNII
635078.05x
Corporate
-7-
Individual
-484-
Other
-16-
IND6624,0356.10x
Total1,6075,2503.27x

Live Subscription by Shares

CategoryShares OfferedShares AppliedSubscription
QIB15.12 L64.78 L4.28x
FII
-18.40 L-
DFI
-0-
MF
-16.00K-
Other
-46.22 L-
NII11.34 L1.49 Cr13.15x
bNII
7.56 L1.18 Cr15.60x
Corporate
-6.24 L-
Individual
-1.06 Cr-
Other
-6.00 L-
sNII
3.78 L31.16 L8.24x
Corporate
-42.00K-
Individual
-29.78 L-
Other
-96.00K-
IND26.48 L1.61 Cr6.10x
Total52.94 L3.75 Cr7.09x

Subscription Summary

QIB
Shares Applied:4.28x
Applications Offered:0.03x
NII
Shares Applied:13.15x
Applications Offered:6.33x
IND
Shares Applied:6.10x
Applications Offered:6.10x

Quick Stats

Total Categories3
IPO TypeSME
StatusAllotment Out

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Data Last Updated

22 May 2026, 01:28 pm

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Understanding Subscription Categories

QIB

Qualified Institutional Buyers

Includes FII, DFI, Mutual Funds, and other qualified institutions.

NII

Non-Institutional Investors

High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).

IND

Individual Investors

Individual investors in SME IPOs up to ₹2 lakh.

Frequently Asked Questions

What is the current subscription status of Teamtech Formwork Solutions SME?
The current overall subscription for Teamtech Formwork Solutions SME is 7.09x. This indicates the total demand relative to the shares offered. Higher subscription typically suggests strong investor interest.
How to check Teamtech Formwork Solutions SME subscription status?
You can check Teamtech Formwork Solutions SME subscription status on IPOwiz, BSE website, NSE website, or your broker's platform. Subscription data is updated regularly during the IPO period from 19 May 2026 to 21 May 2026.
What do subscription numbers mean?
Subscription numbers show how many times the IPO is oversubscribed. For example, 7.09x means the IPO received 7.09x times more applications than shares available. Higher subscription in retail category generally means lower allotment chances.
When does Teamtech Formwork Solutions SME subscription close?
The subscription for Teamtech Formwork Solutions SME closes on 21 May 2026. Applications must be submitted before the closing time on this date. Late applications will not be accepted.
What is the difference between QIB, NII, and Individual (IND) subscription?
QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and other institutions. NII (Non-Institutional Investors) includes high net-worth individuals investing above ₹2 lakh. Individual (IND) includes individual investors with applications up to ₹2 lakh. Each category has separate subscription quotas.
How does subscription affect allotment chances?
Higher subscription in your category means lower allotment chances. For example, if retail subscription is 7.09x, it means there are 7.09x times more applications than shares available, making allotment competitive.
When will Teamtech Formwork Solutions SME allotment be finalized?
The allotment for Teamtech Formwork Solutions SME will be finalized and announced on 22 May 2026. You can check your allotment status on the registrar's website, BSE, NSE, or your demat account after this date.
What happens after subscription closes?
After subscription closes on 21 May 2026, the company and registrar process all applications. Allotment is finalized by 22 May 2026, and shares are credited to successful applicants' demat accounts before the listing date on 26 May 2026.
Can I apply after subscription closes?
No, you cannot apply after the subscription closes on 21 May 2026. All IPO applications must be submitted during the subscription period from 19 May 2026 to 21 May 2026. Late applications are automatically rejected.
What is the issue size and lot size for Teamtech Formwork Solutions SME?
The issue size for Teamtech Formwork Solutions SME is ₹50.15 Cr, and the lot size is 2000 shares. The price range is ₹61.0 - ₹63.0. You must apply in multiples of the lot size.