{"id":12141,"date":"2026-05-22T07:06:19","date_gmt":"2026-05-22T07:06:19","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=12141"},"modified":"2026-05-22T07:06:21","modified_gmt":"2026-05-22T07:06:21","slug":"teamtech-formwork-solutions-ipo-allotment-gmp-status","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/ipo\/teamtech-formwork-solutions-ipo-allotment-gmp-status\/","title":{"rendered":"Teamtech Formwork Solutions IPO Allotment Status: Check Latest GMP, Subscription Data, Dates & Steps to Verify Status"},"content":{"rendered":"
\"Teamtech<\/figure>\n\n\n

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.<\/p>\n\n\n\n

Teamtech Formwork Solutions IPO Details<\/h2>\n\n\n\n
IPO Details<\/th>Information<\/th><\/tr><\/thead>
IPO Opening Date<\/td>19 May 2026<\/td><\/tr>
IPO Closing Date<\/td>21 May 2026<\/td><\/tr>
IPO Type<\/td>Book Built SME IPO<\/td><\/tr>
Listing Exchange<\/td>NSE SME<\/td><\/tr>
Price Band<\/td>\u20b961 to \u20b963 per share<\/td><\/tr>
Face Value<\/td>\u20b95 per share<\/td><\/tr>
Issue Size<\/td>\u20b950.15 crore<\/td><\/tr>
Fresh Issue<\/td>79.60 lakh shares<\/td><\/tr>
Offer For Sale<\/td>Nil<\/td><\/tr>
Lot Size<\/td>2,000 shares<\/td><\/tr>
Minimum Investment<\/td>\u20b91,26,000<\/td><\/tr>
Registrar<\/td>KFin Technologies Ltd<\/td><\/tr>
Lead Manager<\/td>Getfive Advisors Pvt Ltd<\/td><\/tr>
Market Maker<\/td>SMC Global Securities<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The IPO was entirely a fresh issue aimed at funding manufacturing expansion, debt repayment, and working capital requirements.<\/p>\n\n\n\n

Teamtech Formwork Solutions IPO Important Dates<\/h2>\n\n\n\n
Event<\/th>Date<\/th><\/tr><\/thead>
IPO Opens<\/td>19 May 2026<\/td><\/tr>
IPO Closes<\/td>21 May 2026<\/td><\/tr>
Basis of Allotment<\/td>22 May 2026<\/td><\/tr>
Refund Initiation<\/td>25 May 2026<\/td><\/tr>
Shares Credited to Demat<\/td>25 May 2026<\/td><\/tr>
IPO Listing Date<\/td>26 May 2026<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The shares are scheduled to list on the NSE SME platform.<\/p>\n\n\n\n

Teamtech Formwork Solutions IPO Subscription Status<\/h2>\n\n\n\n

The IPO received decent demand from investors across categories.<\/p>\n\n\n\n

Subscription Data<\/h2>\n\n\n\n
Category<\/th>Subscription<\/th><\/tr><\/thead>
Retail Investors<\/td>7.01x<\/td><\/tr>
Non-Institutional Investors (NII)<\/td>Strong Demand<\/td><\/tr>
QIB Category<\/td>Moderate<\/td><\/tr>
Overall Subscription<\/td>7.01x+<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Retail participation remained healthy despite muted grey market sentiment during the opening days.<\/p>\n\n\n\n

Teamtech Formwork Solutions IPO GMP Today<\/h2>\n\n\n\n

The Grey Market Premium (GMP) reflects unofficial market sentiment before listing.<\/p>\n\n\n\n

Latest GMP Data<\/h2>\n\n\n\n
GMP Details<\/th>Value<\/th><\/tr><\/thead>
Upper Price Band<\/td>\u20b963<\/td><\/tr>
Latest GMP<\/td>\u20b92 to \u20b93<\/td><\/tr>
Estimated Listing Price<\/td>\u20b965 to \u20b966<\/td><\/tr>
Expected Listing Gain<\/td>3% to 5%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Grey market trends indicate a modest listing premium as of the latest update.<\/p>\n\n\n\n

GMP Trend Overview<\/h3>\n\n\n\n
Date<\/th>GMP<\/th><\/tr><\/thead>
IPO Opening Day<\/td>\u20b90<\/td><\/tr>
Mid Subscription Period<\/td>\u20b91<\/td><\/tr>
Latest GMP<\/td>\u20b92 to \u20b93<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The GMP has shown slight improvement closer to the allotment date.<\/p>\n\n\n\n

About Teamtech Formwork Solutions<\/h2>\n\n\n\n

Teamtech Formwork Solutions Limited operates in the construction and infrastructure equipment sector.<\/p>\n\n\n\n

The company specializes in:<\/p>\n\n\n\n

    \n
  • Modular T-formwork systems<\/li>\n\n\n\n
  • Customized formwork solutions<\/li>\n\n\n\n
  • Refurbishing and rental services<\/li>\n\n\n\n
  • Engineering support for infrastructure projects<\/li>\n<\/ul>\n\n\n\n

    Its products are widely used in:<\/p>\n\n\n\n

      \n
    • Bridges<\/li>\n\n\n\n
    • Foundations<\/li>\n\n\n\n
    • Shafts<\/li>\n\n\n\n
    • Tanks<\/li>\n\n\n\n
    • Walls<\/li>\n\n\n\n
    • Vertical concrete structures<\/li>\n<\/ul>\n\n\n\n

      The company operates a 20,000 sq. ft manufacturing facility in Telangana equipped with advanced laser and plywood cutting machinery.<\/p>\n\n\n\n

      Teamtech Formwork Solutions Financial Performance<\/h2>\n\n\n\n

      Financial Overview<\/h2>\n\n\n\n
      Financial Year<\/th>Revenue<\/th>PAT<\/th><\/tr><\/thead>
      FY25<\/td>\u20b932.98 crore<\/td>NA<\/td><\/tr>
      FY26<\/td>\u20b954.23 crore<\/td>Improved<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      The company reported strong revenue growth in FY26 supported by increasing infrastructure activity and demand for modular construction solutions.<\/p>\n\n\n\n

      How to Check Teamtech Formwork Solutions IPO Allotment Status<\/h2>\n\n\n\n

      Investors can check allotment status online using PAN, application number, or demat details.<\/p>\n\n\n\n

      Method 1: Via KFin Technologies Website<\/h2>\n\n\n\n

      Steps to Check Allotment Status<\/h3>\n\n\n\n
        \n
      1. Visit KFin Technologies IPO allotment portal<\/li>\n\n\n\n
      2. Select \u201cTeamtech Formwork Solutions IPO\u201d<\/li>\n\n\n\n
      3. Choose any one option:\n
          \n
        • PAN Number<\/li>\n\n\n\n
        • Application Number<\/li>\n\n\n\n
        • DP Client ID<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • Enter captcha code<\/li>\n\n\n\n
        • Click on Submit<\/li>\n<\/ol>\n\n\n\n

          The system will display allotment details instantly.<\/p>\n\n\n\n

          \n\n\n\n

          Method 2: Via NSE Website<\/h2>\n\n\n\n

          Steps<\/h3>\n\n\n\n
            \n
          1. Open NSE IPO allotment page<\/li>\n\n\n\n
          2. Select the IPO name<\/li>\n\n\n\n
          3. Enter PAN details<\/li>\n\n\n\n
          4. Complete captcha verification<\/li>\n\n\n\n
          5. Submit to view allotment result<\/li>\n<\/ol>\n\n\n\n

            What Happens if Shares Are Not Allotted?<\/h2>\n\n\n\n

            If investors do not receive allotment:<\/p>\n\n\n\n

              \n
            • ASBA blocked funds will be released<\/li>\n\n\n\n
            • Refunds will begin on 25 May 2026<\/li>\n\n\n\n
            • Funds usually return within 1\u20132 working days<\/li>\n<\/ul>\n\n\n\n

              Successful applicants will receive shares in their demat accounts before listing day.<\/p>\n\n\n\n

              Teamtech Formwork IPO Listing Outlook<\/h2>\n\n\n\n

              The IPO is expected to witness a moderate listing based on current GMP trends.<\/p>\n\n\n\n

              Positive Factors<\/h2>\n\n\n\n
                \n
              • Infrastructure sector growth<\/li>\n\n\n\n
              • Strong revenue expansion<\/li>\n\n\n\n
              • SME construction demand<\/li>\n\n\n\n
              • Improving GMP trend<\/li>\n<\/ul>\n\n\n\n

                Risks<\/h2>\n\n\n\n
                  \n
                • SME IPO volatility<\/li>\n\n\n\n
                • Lower liquidity post listing<\/li>\n\n\n\n
                • Moderate subscription levels<\/li>\n\n\n\n
                • Dependence on infrastructure cycle<\/li>\n<\/ul>\n\n\n\n

                  Key Takeaways<\/h2>\n\n\n\n
                    \n
                  • Teamtech Formwork Solutions IPO closes on 21 May 2026<\/li>\n\n\n\n
                  • IPO allotment date is 22 May 2026<\/li>\n\n\n\n
                  • Latest GMP stands at \u20b92\u2013\u20b93<\/li>\n\n\n\n
                  • Estimated listing price is around \u20b965\u2013\u20b966<\/li>\n\n\n\n
                  • IPO size is \u20b950.15 crore<\/li>\n\n\n\n
                  • Shares are expected to list on NSE SME on 26 May 2026<\/li>\n<\/ul>\n\n\n\n

                    Conclusion<\/h2>\n\n\n\n

                    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.<\/p>\n\n\n\n

                    Although the GMP indicates only modest listing gains currently, the company\u2019s exposure to India\u2019s growing infrastructure sector keeps investor interest active. Investors should monitor market conditions and listing-day sentiment before making trading decisions.<\/p>\n\n\n\n

                    FAQs<\/h2>\n\n\n
                    \n
                    \n
                    \n

                    Q. What is the Teamtech Formwork Solutions IPO allotment date?<\/h3>\n
                    \n\n

                    The IPO allotment date is 22 May 2026.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Q. What is the latest GMP today?<\/h3>\n
                    \n\n

                    The latest GMP is around \u20b92 to \u20b93 per share.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Q. What is the expected listing price?<\/h3>\n
                    \n\n

                    The expected listing price is around \u20b965 to \u20b966 per share.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Q. When will Teamtech Formwork IPO list?<\/h3>\n
                    \n\n

                    The IPO is expected to list on 26 May 2026 on NSE SME.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Q. How can I check IPO allotment status?<\/h3>\n
                    \n\n

                    Investors can check allotment status through KFin Technologies or NSE IPO portals using PAN, application number, or demat details.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

                    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 […]<\/p>\n","protected":false},"author":3,"featured_media":12144,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-12141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"blocksy_meta":[],"uagb_featured_image_src":{"full":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution-.png",890,593,false],"thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution--150x150.png",150,150,true],"medium":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution--300x200.png",300,200,true],"medium_large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution--768x512.png",768,512,true],"large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution-.png",890,593,false],"1536x1536":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution-.png",890,593,false],"2048x2048":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution-.png",890,593,false],"web-stories-poster-portrait":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution--640x593.png",640,593,true],"web-stories-publisher-logo":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution--96x96.png",96,96,true],"web-stories-thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/05\/Teamtech-formwork-solution--150x100.png",150,100,true]},"uagb_author_info":{"display_name":"Ashutosh","author_link":"https:\/\/lemonn.co.in\/blog\/author\/ashu\/"},"uagb_comment_info":0,"uagb_excerpt":"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…","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/12141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=12141"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/12141\/revisions"}],"predecessor-version":[{"id":12145,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/12141\/revisions\/12145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/12144"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=12141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=12141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=12141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}