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Teamtech Formwork Solutions Ltd
Teamtech Formwork Solutions Ltd
Registered Office : 3rd Flr Plot #.1050/1 Sree Sai,Enclave Sy No.163/Part Miyapur,Hyderabad Telangana 500049 Phone : +91 78010 46161
Fax :
Email : complianceofficer@teamtechengg.com
Website : www.teamtechengg.com
Initial public issue of up to 79,60,000 equity shares of face value of Rs. 5/- each of Teamtech Formwork Solutions Limited (the"Company" or the "Issuer") for cash at a price of Rs. 63 per equity share including a share premium of Rs. 58 per equity share ("Issue Price") aggregating to Rs. 50.15 Crores ("The Issue"), of which 4,00,000 equity shares at a price of Rs. 63 per equity share including premium aggregating to Rs. 2.52 Crores will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 75,60,000 equity shares of face value of Rs. 5/- each at a price of Rs. 63 per equity share including premium aggregating to Rs. 47.63 Crores is herein after referred to as "Net Issue". The issue and the net issue will constitute 26.55% and 25.22%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 5/- each. Price Band Rs. 63.00 per equity share of face value of Rs. 5.00/- each. The floor price is 12.6 times the face value of the equity shares. Bids can be made for a minimum size of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
Opens On
Closes On
19-May-2026
21-May-2026
Application
Allotment
63.00
0.00
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
45.49
50.15
14.99
63.00
Getfive Advisors Private Limited
- Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
- Repayment/prepayment of all or certain of the borrowing availed by its company.
- To meet the working capital requirements
- General corporate purposes
- Eldo Varghese
- Chaitanya Prakash Kotagiri
- Salinraj Kunnummal
- NSE - SME
- KFin Technologies Ltd
