ListedSMEEngineering - ConstructionTEAMTECH

Teamtech Formwork Solutions IPO

Teamtech Formwork Solutions IPO is an SME IPO raising ₹50 Cr at ₹61 – ₹63 a share. It listed on 26 May 2026 at ₹75, +19.0% against its issue price of ₹63, and trades at ₹127 today (+101.3% since issue). It was subscribed 6.99× in total.

₹63
Issue price
₹127
Price now
+101.3%
Since issue price
26 May 2026
Listed on
6.99×Subscribed (final) · all exchanges

7.0 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹61 – ₹63
Cut-off price₹63
Issue size₹50 Cr
Shares per lot2000
Minimum application₹1,26,000
Minimum quantity4000
Face value₹5
Listing exchangesNSE
ISININE2OL601013
Bidding hours10:00 – 17:00 IST
Bidding window19 May 2026 – 21 May 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.