Markets / IPO / Teamtech Formwork Solutions

Teamtech Formwork Solutions IPO

Updated 17:55

SME IPO on NSE Emerge · Other Construction Materials

Status

Listed

Price band

₹61–63

Lot size

2000 shares · ₹1,26,000

Subscribed

–

How it listed

Issue price

₹63

Listing price (open)

₹75.00 +19.05%

First-day close

₹72.75 +15.48%

Price now

₹169.45 +168.97%

Listing day	26 May 2026
Open / high / low / close	₹75.00 / ₹76.80 / ₹71.25 / ₹72.75
Shares traded on NSE	23,46,000
Market value at the listing-day close	₹218 cr

Closing prices since listing: 26 Oct ₹126.80, 27 Oct ₹152.15, 28 Oct ₹151.45, 29 Oct ₹156.25, 30 Oct ₹159.10, 2 Nov ₹169.00, 3 Nov ₹164.25, 4 Nov ₹160.20, 5 Nov ₹160.25, 6 Nov ₹170.00.

Teamtech Formwork Solutions share price, live chart and technicals →

Key dates

Bidding opens	19 May 2026
Bidding closes	21 May 2026
Allotment	22 May 2026
Refunds and shares in demat	25 May 2026
Listing	26 May 2026

Lot size by investor type

Application	Lots	Shares	Amount
Individual investor (minimum)	2	4,000	₹2,52,000
HNI (minimum)	3	6,000	₹3,78,000

At ₹63 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor category	Shares bid for
Institutions (QIB)	64,78,000
HNI / NII	1,49,08,000
HNI, above ₹10 lakh	1,17,92,000
HNI, ₹2–10 lakh	31,16,000
Retail	1,61,40,000
Total	3,75,26,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together.

Applications from individual investors

4,035 applications in the individual investors' category (bidding for the minimum 2 lots).

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹63	374.08 lakh shares	99.7%
Lower prices ₹61–62	1.18 lakh shares	0.3%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	18 May 2026
Anchor shares	22,66,000
Raised from anchors	₹14.28 cr
Lock-in ends for the first 50% (30 days)	20 Jun 2026
Lock-in ends for the remaining 50% (90 days)	19 Aug 2026

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹189 cr	₹508 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	–

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Other Construction Materials

Company	Listed	Subscribed	On listing	Since IPO
Glass Wall Systems (India)	16 Sept	81.65×	+6.59%	+34.95%

IPO details

Price band	₹61–63
Final issue price	₹63
Lot size	2000 shares
Minimum investment	₹2,52,000 (2 lots, the minimum for individuals)
Market	NSE Emerge (SME)
Issue type	100 % Book Building
Face value	₹5
Industry	Other Construction Materials
Issue size	₹50.15 crore (about 79.60 lakh shares) · Fresh issue only
ISIN	INE2OL601013
Registrar	Kfin Technologies Limited Helpline: +91 40 6716 2222, teamtech.ipo@kfintech.com
Lead managers	Getfive Advisors Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 22 May 2026. Check it on the registrar's page (Kfin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Teamtech Formwork Solutions IPO price band and lot size?

The price band is ₹61–63 per share, and one lot is 2000 shares (₹1,26,000 at the upper price).

When is the Teamtech Formwork Solutions IPO allotment date?

Allotment was finalised on 22 May 2026, the next working day after bidding closed on 21 May 2026.

How many times was the Teamtech Formwork Solutions IPO subscribed?

Subscription figures are not available yet.

What is the Teamtech Formwork Solutions IPO listing date?

It listed on 26 May 2026 on NSE Emerge (SME).

When does the Teamtech Formwork Solutions anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 20 Jun 2026 and the 90-day lock-in on the rest ends on 19 Aug 2026; they can sell from the next trading day.

What was the Teamtech Formwork Solutions listing gain?

It opened at ₹75.00 against an issue price of ₹63, a gain of 19.05%. It is now up 168.97% from the issue price.