Teamtech Formwork Solutions IPO
The Teamtech Formwork Solutions IPO was a ₹50.15 crore SME issue (fresh issue only), open for bidding from 19 May to 21 May 2026 at a price band of ₹61 to ₹63. The final issue price was ₹63. Investors bid for 3,75,26,000 shares through 5,250 applications. Shares listed on NSE SME on 26 May 2026 at ₹75.00, 19.0% above the issue price, and closed the first day at ₹72.75.
- Listing gain at open
- +19.0%₹75.00 vs ₹63
- Issue price
- ₹63Band ₹61 to ₹63
- Lot size
- 2,000 sharesMinimum ₹2,52,000
- Issue size
- ₹50.15 crore
- Subscribed
- Not available
- Listed
- 26 May 2026NSE SME
Price and lots
Teamtech Formwork Solutions IPO details
NSE issue details| Bidding dates | 19 May 2026 to 21 May 2026 |
| Listing date | 26 May 2026 |
| Price band | ₹61 to ₹63 |
| Final issue price | ₹63 |
| Face value | ₹5 per share |
| Lot size | 2,000 shares, minimum 2 lots for individuals |
| Minimum investment | ₹2,52,000 (4,000 shares, our calculation) |
| Issue size | ₹50.15 crore (our calculation from the NSE issue details) |
| Type of issue | 100 % Book Building, Fresh issue only |
| Listed on | NSE SME |
| NSE symbol | TEAMTECH |
| ISIN | INE2OL601013 |
| Lead managers | Getfive Advisors Private Limited |
| Registrar | Kfin Technologies Limited |
Subscription and listing
Teamtech Formwork Solutions IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details| Category | Shares bid | Applications |
|---|---|---|
| QIBs | 64,78,000 | 19 |
| Non-institutional | 1,49,08,000 | 1,196 |
| Individual investors | 1,61,40,000 | 4,035 |
| Total | 3,75,26,000 | 5,250 |
For this SME issue NSE publishes shares bid and applications by category, not times subscribed.
Listing day
Our calculation: gains vs issue price| NSE | |
|---|---|
| Open | ₹75.00 |
| High | ₹76.80 |
| Low | ₹71.25 |
| Close | ₹72.75 |
| Gain at open | +19.0% |
| Gain at close | +15.5% |
| Shares traded | 23,46,000 |
Latest: closed at ₹169.45 on NSE on 6 November 2026, +169.0% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Teamtech Formwork Solutions IPO compares
Our calculation: 2026 SME IPOs on IPO24by7Among 78 SME IPOs of 2026 on our tracker, its listing gain of 19.0% at open ranks 18th of 75. By issue size it ranks 36th. The median listing-day gain at open for SME IPOs this year is +1.0%. See all 2026 IPOs with listing gains or the IPO calendar for May 2026.
Other SME IPOs listed in May 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Bio Medica Laboratories | 29 May 2026 | ₹139 | - | −20.0% |
| Q-Line Biotech | 29 May 2026 | ₹343 | - | +31.8% |
| NFP Sampoorna Foods | 25 May 2026 | ₹55 | - | −0.9% |
| RFBL Flexi Pack | 19 May 2026 | ₹50 | - | +5.0% |
| Simca Advertising | 15 May 2026 | ₹183 | - | −14.8% |
| Value 360 Communications | 11 May 2026 | ₹98 | - | −20.0% |
Allotment
Teamtech Formwork Solutions IPO allotment status
- Open the registrar's pageKFin Technologies Limited is the registrar. Open its allotment page.
- Select Teamtech Formwork Solutions LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Teamtech Formwork Solutions IPO FAQs
What was the Teamtech Formwork Solutions IPO price band?
The price band was ₹61 to ₹63 per share and the final issue price was ₹63. The face value is ₹5 per share.
What was the Teamtech Formwork Solutions IPO lot size?
One lot was 2,000 shares. Individual investors had to apply for at least 2 lots, so the minimum was ₹2,52,000.
What was the Teamtech Formwork Solutions IPO listing price?
It opened at ₹75.00 on NSE SME on 26 May 2026, a gain of 19.0% over the issue price of ₹63 (our calculation). It closed the day at ₹72.75.
How do I check Teamtech Formwork Solutions IPO allotment status?
Kfin Technologies Limited is the registrar. Select Teamtech Formwork Solutions Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Teamtech Formwork Solutions IPO a fresh issue or an offer for sale?
Fresh issue only, as stated in the NSE issue details.
Who were the lead managers of the Teamtech Formwork Solutions IPO?
Getfive Advisors Private Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.