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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.

Issue

Opens On

Closes On

19-May-2026

21-May-2026

Money Payable On

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

Projects
  • 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
Promoted By
  • Eldo Varghese
  • Chaitanya Prakash Kotagiri
  • Salinraj Kunnummal
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Technologies Ltd