Teamtech Formwork IPO GMP Today, Price & Details
Teamtech Formwork IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Teamtech Formwork
Teamtech Formwork is an emerging player in the construction sector, specializing in formwork solutions. The company's operations involve the manufacturing and leasing of formwork systems, crucial components in the construction of buildings, bridges, and other infrastructure projects. Its scale of operations, as indicated by its recent revenue figures, suggests a significant footprint within its niche.
Financially, Teamtech Formwork has demonstrated a robust performance. For the period ending with its IPO data, the company reported revenues of ₹53.66 Cr and a Profit After Tax (PAT) of ₹11.59 Cr. The IPO is structured entirely as a fresh issue, meaning the entire ₹50.15 Cr raised will go into the company's coffers, bolstering its growth prospects. There is no Offer for Sale (OFS) component in this issue.
This fresh capital infusion is earmarked for expansion and strengthening the company's working capital. Teamtech Formwork aims to enhance its competitive positioning by increasing its manufacturing capacity and expanding its rental fleet. The focus on formwork solutions places it in a segment that is directly tied to the growth of the construction industry, a key driver of the Indian economy. The use of proceeds is geared towards capitalizing on this growth trajectory.
Teamtech Formwork IPO — Investment Analysis
The valuation of Teamtech Formwork appears to be set at a P/E ratio of 11.61x, based on its EPS of ₹5.26 and a price band of ₹61 per share. This P/E multiple, when compared to industry averages or similar listed companies, provides a key indicator of whether the IPO is priced attractively. At a face value of ₹5 and an issue price of ₹61, the market is pricing in future growth, and investors will be keen to see if this valuation is justified by the company's performance and prospects.
Delving into its financial health, Teamtech Formwork presents a compelling picture. The company has achieved a revenue of ₹53.66 Cr and a healthy Profit After Tax (PAT) of ₹11.59 Cr. Its profitability is further underscored by an impressive EBITDA margin of 32.61%, indicating efficient operational management. Return ratios are also strong, with a Return on Net Worth (RONW) of 34.89% and a Return on Capital Employed (ROCE) of 40.92%, suggesting that the company is effectively utilizing its capital to generate profits.
Regarding growth and risks, the company's focus on the infrastructure and construction sector positions it to benefit from India's development initiatives. The entire ₹50.15 Cr issue being a fresh issue is a positive signal, as it will directly fund growth. However, risks inherent in the SME segment, such as lower liquidity and potentially higher volatility, need to be considered. Sector-specific risks related to construction cycles and regulatory changes could also impact performance. The absence of an OFS component means no promoter dilution, which is generally viewed favorably.
Subscription levels for an SME IPO, particularly from retail investors, can often indicate market sentiment. Strong subscriptions across categories like Qualified Institutional Buyers (QIBs), High Net-worth Individuals (HNIs), and Retail Individual Investors (RIIs) would suggest broad investor confidence. Conversely, muted demand might signal caution. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Teamtech Formwork IPO — Pros & Cons
Strengths
- The company boasts strong profitability metrics, with an EBITDA margin of 32.61% and a PAT of ₹11.59 Cr on revenues of ₹53.66 Cr. This indicates efficient operations and a healthy business model that translates well into profits.
- Teamtech Formwork exhibits excellent return ratios, including a RONW of 34.89% and a ROCE of 40.92%. These figures suggest that the company is adept at generating returns for its shareholders and effectively utilizing its capital.
- The entire IPO issue size of ₹50.15 Cr is a fresh issue, meaning all funds raised will be injected into the company for its growth and operational needs. This is a positive sign for future expansion and development.
- The P/E ratio of 11.61x, based on an EPS of ₹5.26, appears to be reasonably valued when compared to many other IPOs, potentially offering an attractive entry point for investors. This valuation could provide room for appreciation post-listing.
- The company operates in the crucial construction and infrastructure sector, which is poised for significant growth in India. This sectorial tailwind can provide a favorable environment for Teamtech Formwork's expansion and revenue generation.
Risks
- As an SME IPO, Teamtech Formwork may face liquidity challenges post-listing, meaning it could be harder to buy or sell shares in large quantities. This can lead to higher price volatility for investors.
- The company's business is intrinsically linked to the cyclical nature of the construction industry, which can be sensitive to economic downturns and changes in government spending. A slowdown in construction activity could directly impact Teamtech Formwork's performance.
- While the financials appear strong, the limited data available for an SME IPO means that a comprehensive understanding of long-term financial trends and deeper operational insights might be challenging to ascertain. Investors should conduct thorough due diligence.
- The face value of ₹5 per share, with an issue price of ₹61, implies a significant premium over the nominal value. Investors should assess if the company's future growth prospects adequately justify this premium.
- Reliance on project-based revenues, common in the construction sector, can lead to fluctuations in order flow and revenue recognition. This can make future earnings projections more uncertain and potentially impact investor confidence.
Teamtech Formwork IPO Details
| Company Name | Teamtech Formwork |
|---|---|
| IPO Type | SME |
| Exchange | NSE |
| Price Band | ₹61 - ₹63 |
| Face Value | ₹5 per share |
| Lot Size | 2000 shares |
| Min Investment | ₹126,000 |
| Total Issue Size | ₹50.15 Cr |
|---|---|
| Fresh Issue | ₹50.15 Cr |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | List of Issues managed, GetFive Advisors Pvt.Ltd. |
| IPO Status | Listed |
Teamtech Formwork IPO Dates
Teamtech Formwork IPO Subscription Status
Day-wise Subscription Trend
| Date | Retail | NII/HNI | QIB | Total |
|---|---|---|---|---|
| 21 May 2026 | 6.10x | 13.15x | 4.28x | 7.09x |
| 20 May 2026 | 0.71x | 0.94x | 0.66x | 0.75x |
| 19 May 2026 | 0.35x | 0.79x | 0.66x | 0.53x |
Teamtech Formwork IPO Listing Performance
Teamtech Formwork IPO listed on NSE on 26 May 2026 at ₹75, a premium of 19% over the issue price of ₹63. Investors who received allotment made a profit of ₹24,000 per lot (2000 shares) on listing day.
Teamtech Formwork IPO — Key Highlights
- The company has achieved a remarkable PAT of ₹11.59 Cr against its revenue of ₹53.66 Cr, showcasing strong profitability.
- Teamtech Formwork's ROCE stands at an impressive 40.92%, indicating highly efficient utilization of capital to generate earnings.
- With an EBITDA margin of 32.61%, the company demonstrates robust operational efficiency and cost management.
- The IPO is entirely a fresh issue of ₹50.15 Cr, which will directly fund the company's expansion and working capital needs.
- The P/E ratio of 11.61x, based on an EPS of ₹5.26, suggests a potentially attractive valuation for investors.
- A high RONW of 34.89% highlights the company's effectiveness in generating profits from its net worth.
Teamtech Formwork Financial Performance
| Metric (₹ Cr) | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Revenue | 30.30 | 32.71 | 53.66 |
| Expenses | 22.31 | 24.97 | 38.32 |
| Net Income (PAT) | 7.69 | 7.84 | 11.59 |
| Margin (%) | 25.38% | 23.97% | 21.60% |
Teamtech Formwork IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹5.26 |
|---|---|
| P/E Ratio | 11.61x |
| NAV | ₹15.09 |
| Current Ratio | 1.55 |
| Debt/Equity | 0.500 |
Return Metrics
| RONW (%) | 34.89% |
|---|---|
| ROCE (%) | 40.92% |
| EBITDA Margin | 32.61% |
Teamtech Formwork IPO Reservation / Allocation
Teamtech Formwork IPO Anchor Investors
| Bid Date | 18 May 2026 |
|---|---|
| Shares Offered | 22,66,000 shares |
| Anchor Portion (INR Cr.) | INR 14.28 crore |
| Anchor lock-in period end date for 50% shares (30 Days) | 18 June 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | 18 August 2026 |
Teamtech Formwork IPO Lead Manager & Registrar
Book Running Lead Manager
List of Issues managed, GetFive Advisors Pvt.Ltd.
IPO Registrar
Kfin Technologies Ltd.
Teamtech Formwork IPO — Frequently Asked Questions
What is Teamtech Formwork IPO GMP today?
As of today, the Grey Market Premium (GMP) for Teamtech Formwork IPO is not available at this time. GMP values are updated daily based on grey market activity.
What is the price band and lot size of Teamtech Formwork IPO?
Teamtech Formwork IPO has a price band of ₹61 to ₹63 per equity share with a face value of ₹5. The minimum lot size is 2000 shares, requiring a minimum investment of ₹126,000 at the upper band.
What are the important dates for Teamtech Formwork IPO?
Teamtech Formwork IPO opens for subscription on 19 May 2026 and closes on 21 May 2026. Allotment is expected on 22 May 2026. The shares are expected to list on NSE on 26 May 2026.
What is the investor category allocation in Teamtech Formwork IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 49.97%, Non-Institutional Investors (NII/HNI): 15.00%, and Retail Individual Investors: 35.03%.
How can I apply for Teamtech Formwork IPO?
You can apply for Teamtech Formwork IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..
What is the subscription status of Teamtech Formwork IPO?
Teamtech Formwork IPO has been subscribed 7.09 times overall. Retail category: 6.10x, NII/HNI: 13.15x, QIB: 4.28x.
What is Teamtech Formwork IPO price band and lot size?
The Teamtech Formwork IPO is priced at ₹61 per share, with a price band of ₹61 to ₹61. The lot size for this IPO is 2000 shares, meaning the minimum investment required is ₹122,000 (2000 shares x ₹61). The face value of each share is ₹5.
Is Teamtech Formwork IPO worth investing in?
Teamtech Formwork presents a mixed picture for investors. On the positive side, it demonstrates strong financial health with impressive margins (32.61% EBITDA) and return ratios (34.89% RONW, 40.92% ROCE), alongside a reasonable P/E of 11.61x. The entire ₹50.15 Cr issue being a fresh issue is also a plus for growth.
However, as an SME IPO, liquidity concerns and sector-specific cyclical risks are present. Investors should weigh these factors carefully against the company's performance and future outlook. This is informational analysis based on available data, not investment advice. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Teamtech Formwork IPO GMP today?
Grey Market Premium (GMP) is an unofficial indicator of demand for an IPO. While specific GMP figures for Teamtech Formwork are not provided here, a positive GMP generally suggests strong investor interest and potential listing gains. However, GMP is highly speculative and can fluctuate significantly.
It's crucial to remember that GMP is not a reliable metric and should not be the sole basis for investment decisions. Always conduct thorough research.
How to apply for Teamtech Formwork IPO?
You can apply for the Teamtech Formwork IPO through either the UPI mechanism or the ASBA (Application Supported by Blocked Amount) facility. Most banks allow ASBA applications through their net banking portals or by submitting a physical form. For UPI, you'll need to link your bank account and authorize the transaction via your UPI app when prompted.
Your funds will remain blocked in your bank account until the shares are allocated.