NSE List Price : ₹

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Category	Times
QIBs	4.28x
HNIs	13.15x
Retail	6.1x
Total : 7.09x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	4,000	₹252,000
Retail Maximum	2	4,000	₹252,000
S-HNI Minimum	3	6,000	₹378,000

About the Company

Since its inception in November 2018, Teamtech Formwork Solutions has been operating in the construction sector. The company primarily focuses on manufacturing, refurbishing, and leasing formwork systems used across various construction projects. Its offerings include modular T formwork, customized formwork solutions, and a range of related accessories.

The company procures, rents out, and refurbishes previously used formwork systems, enabling their extended reuse over time. Additionally, it provides construction firms with the option to rent formwork equipment, helping them avoid significant upfront costs. Teamtech Formwork offers a diverse range of modular T formwork systems suitable for multiple concrete applications, including foundations, walls, shafts, tanks, bridges, and circular structures. In essence, the company is engaged in selling, renting, and refurbishing formwork solutions to support the needs of the construction industry.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹20.06	₹16.72	₹2.95	₹12.80
2024	₹30.31	₹22.31	₹7.69	₹24.96
2025	₹32.98	₹24.97	₹7.84	₹40.00
2026	₹54.23	₹38.32	₹11.59	₹66.75

Company Promoter

ldo Varghese

Chaitanya Prakash Kotagiri

Salinraj Kunnummal

Know before investing

• • Strengths

  Experienced Management Team The promoters have significant industry knowledge and expertise, allowing for efficient planning, effective execution, and uninterrupted operational flow.

  Robust Engineering & Technical Expertise: An in-house team equipped with strong design knowledge and advanced software skills enables effective project planning, tailored solutions, and timely delivery.

• • Risks

  Promoter Conflict of Interest Risk: A promoter group entity is engaged in a similar line of business, which may lead to potential conflicts of interest, competition for business opportunities, and the absence of any non-compete safeguards.

  Raw Material & Inventory Management Risk: Reliance on external suppliers and fluctuations in raw material prices may disrupt availability and raise costs, while inefficient inventory management could adversely affect sales, cash flow, and overall profitability.

Objects of the Issue & Utilisation of proceeds

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 your company.

To meet the working capital requirements.

General Corporate Purpose.

Company  Address

Teamtech Formwork Solutions Ltd.
3rd Floor, Plot No. 1050/1, Sree Sai Enclave,
Survey No., 163/Part, Durgamatha House Building
Cooperative, Housing Society Ltd, Hydernagar,
Hyderabad, Telangana, 500049
Phone: +91 7801046161
Email: complianceofficer@teamtechengg.com
Website: https://teamtechengg.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: teamtech.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

IPO Review

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