Teamtech Formwork Solutions IPO Allotment Status: Check Latest GMP, Subscription Data, Dates & Steps to Verify Status
The Teamtech Formwork Solutions IPO has gained attention among SME IPO investors after receiving healthy subscription demand during the bidding period. Investors are now waiting for the IPO allotment status, latest GMP (Grey Market Premium), refund timeline, and expected listing gains.
Teamtech Formwork Solutions IPO Details
| IPO Details | Information |
|---|---|
| IPO Opening Date | 19 May 2026 |
| IPO Closing Date | 21 May 2026 |
| IPO Type | Book Built SME IPO |
| Listing Exchange | NSE SME |
| Price Band | ₹61 to ₹63 per share |
| Face Value | ₹5 per share |
| Issue Size | ₹50.15 crore |
| Fresh Issue | 79.60 lakh shares |
| Offer For Sale | Nil |
| Lot Size | 2,000 shares |
| Minimum Investment | ₹1,26,000 |
| Registrar | KFin Technologies Ltd |
| Lead Manager | Getfive Advisors Pvt Ltd |
| Market Maker | SMC Global Securities |
The IPO was entirely a fresh issue aimed at funding manufacturing expansion, debt repayment, and working capital requirements.
Teamtech Formwork Solutions IPO Important Dates
| Event | Date |
|---|---|
| IPO Opens | 19 May 2026 |
| IPO Closes | 21 May 2026 |
| Basis of Allotment | 22 May 2026 |
| Refund Initiation | 25 May 2026 |
| Shares Credited to Demat | 25 May 2026 |
| IPO Listing Date | 26 May 2026 |
The shares are scheduled to list on the NSE SME platform.
Teamtech Formwork Solutions IPO Subscription Status
The IPO received decent demand from investors across categories.
Subscription Data
| Category | Subscription |
|---|---|
| Retail Investors | 7.01x |
| Non-Institutional Investors (NII) | Strong Demand |
| QIB Category | Moderate |
| Overall Subscription | 7.01x+ |
Retail participation remained healthy despite muted grey market sentiment during the opening days.
Teamtech Formwork Solutions IPO GMP Today
The Grey Market Premium (GMP) reflects unofficial market sentiment before listing.
Latest GMP Data
| GMP Details | Value |
|---|---|
| Upper Price Band | ₹63 |
| Latest GMP | ₹2 to ₹3 |
| Estimated Listing Price | ₹65 to ₹66 |
| Expected Listing Gain | 3% to 5% |
Grey market trends indicate a modest listing premium as of the latest update.
GMP Trend Overview
| Date | GMP |
|---|---|
| IPO Opening Day | ₹0 |
| Mid Subscription Period | ₹1 |
| Latest GMP | ₹2 to ₹3 |
The GMP has shown slight improvement closer to the allotment date.
About Teamtech Formwork Solutions
Teamtech Formwork Solutions Limited operates in the construction and infrastructure equipment sector.
The company specializes in:
- Modular T-formwork systems
- Customized formwork solutions
- Refurbishing and rental services
- Engineering support for infrastructure projects
Its products are widely used in:
- Bridges
- Foundations
- Shafts
- Tanks
- Walls
- Vertical concrete structures
The company operates a 20,000 sq. ft manufacturing facility in Telangana equipped with advanced laser and plywood cutting machinery.
Teamtech Formwork Solutions Financial Performance
Financial Overview
| Financial Year | Revenue | PAT |
|---|---|---|
| FY25 | ₹32.98 crore | NA |
| FY26 | ₹54.23 crore | Improved |
The company reported strong revenue growth in FY26 supported by increasing infrastructure activity and demand for modular construction solutions.
How to Check Teamtech Formwork Solutions IPO Allotment Status
Investors can check allotment status online using PAN, application number, or demat details.
Method 1: Via KFin Technologies Website
Steps to Check Allotment Status
- Visit KFin Technologies IPO allotment portal
- Select “Teamtech Formwork Solutions IPO”
- Choose any one option:
- PAN Number
- Application Number
- DP Client ID
- Enter captcha code
- Click on Submit
The system will display allotment details instantly.
Method 2: Via NSE Website
Steps
- Open NSE IPO allotment page
- Select the IPO name
- Enter PAN details
- Complete captcha verification
- Submit to view allotment result
What Happens if Shares Are Not Allotted?
If investors do not receive allotment:
- ASBA blocked funds will be released
- Refunds will begin on 25 May 2026
- Funds usually return within 1–2 working days
Successful applicants will receive shares in their demat accounts before listing day.
Teamtech Formwork IPO Listing Outlook
The IPO is expected to witness a moderate listing based on current GMP trends.
Positive Factors
- Infrastructure sector growth
- Strong revenue expansion
- SME construction demand
- Improving GMP trend
Risks
- SME IPO volatility
- Lower liquidity post listing
- Moderate subscription levels
- Dependence on infrastructure cycle
Key Takeaways
- Teamtech Formwork Solutions IPO closes on 21 May 2026
- IPO allotment date is 22 May 2026
- Latest GMP stands at ₹2–₹3
- Estimated listing price is around ₹65–₹66
- IPO size is ₹50.15 crore
- Shares are expected to list on NSE SME on 26 May 2026
Conclusion
The Teamtech Formwork Solutions IPO has seen healthy investor participation with improving grey market sentiment ahead of allotment. Investors can check allotment status from 22 May 2026 through KFin Technologies or NSE platforms.
Although the GMP indicates only modest listing gains currently, the company’s exposure to India’s growing infrastructure sector keeps investor interest active. Investors should monitor market conditions and listing-day sentiment before making trading decisions.
FAQs
Q. What is the Teamtech Formwork Solutions IPO allotment date?
The IPO allotment date is 22 May 2026.
Q. What is the latest GMP today?
The latest GMP is around ₹2 to ₹3 per share.
Q. What is the expected listing price?
The expected listing price is around ₹65 to ₹66 per share.
Q. When will Teamtech Formwork IPO list?
The IPO is expected to list on 26 May 2026 on NSE SME.
Q. How can I check IPO allotment status?
Investors can check allotment status through KFin Technologies or NSE IPO portals using PAN, application number, or demat details.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
