31 Mar 2024
Assets24.96
Total Income30.31
EBITDA9.11
Profit After Tax7.69
NET Worth13.79
Reserves and Surplus11.23
Total Borrowing3.64
At a glance
Updated 2026-09-08The shares listed at ₹75.00, a 19.05% move from the issue price. Teamtech Formwork Solutions is a SME IPO with an issue size of ₹50.15 crore, proposed for listing on NSE SME. The offer opens on 19th May 2026 and closes on 21st May 2026. The issue structure includes a fresh issue of ₹47.63 crore. The current listing schedule points to 26th May 2026.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹50.15 Cr
Fresh issue₹47.63 Cr
Face value₹5
Price band₹61.00–₹63.00
Allotment22nd May 2026
Listing26th May 2026
Listing performance
Full performance ↗Issue price₹63.00
Listing price₹75.00
Current price—
Listing gain19.05%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper price7.94%
Est. listing₹68.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th May 2026
Closes21st May 2026
Allotment22nd May 2026
Refund25th May 2026
Demat25th May 2026
Listing26th May 2026
Subscription demand
Full bidding ↗QIB4.28×
sHNI8.24×
bHNI10.20×
NII / HNI10.20×
Retail6.10×
Total7.01×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | ₹252,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit | ₹11.92 Cr |
| Repayment/prepayment of all or certain of the borrowing availed by your company | ₹15.50 Cr |
| To meet the working capital requirements | ₹13.77 Cr |
| General Corporate Purpose | ₹4.29 Cr |
| Issue expenses | ₹4.66 Cr |
| Total | ₹50.15 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue54.23₹ Cr · +64.4% vs prior year
EBITDA17.50₹ Cr · +89.4% vs prior year
PAT11.59₹ Cr · +47.8% vs prior year
Assets66.75₹ Cr · +66.9% vs prior year
Net Worth33.22₹ Cr · +53.6% vs prior year
Borrowing16.68₹ Cr · +50.3% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets40.00
Total Income32.98
EBITDA9.24
Profit After Tax7.84
NET Worth21.63
Reserves and Surplus19.07
Total Borrowing11.10
31 Mar 2026
Assets66.75
Total Income54.23
EBITDA17.50
Profit After Tax11.59
NET Worth33.22
Reserves and Surplus22.21
Total Borrowing16.68
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 42.26% |
| ROCE | 40.92% |
| Debt / Equity | 0.50% |
| RoNW | 34.89% |
| PAT Margin | 21.60% |
| EBITDA Margin | 32.61% |
| Price to Book Value | 4.17 |
Valuation & shareholding
Pre-IPO EPS5.26
Post-IPO EPS3.87
Pre-IPO P/E11.97
Post-IPO P/E16.29
Promoter holding pre81.25%
Promoter holding post59.67%
Market cap₹188.85 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| STUB | — | — | — | — |
| FY25 | — | — | — | — |
| FY24 | — | — | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit | ₹11.92 Cr |
| Repayment/prepayment of all or certain of the borrowing availed by your company | ₹15.50 Cr |
| To meet the working capital requirements | ₹13.77 Cr |
| General Corporate Purpose | ₹4.29 Cr |
| Issue expenses | ₹4.66 Cr |
| Total | ₹50.15 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- GetFive Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-08.
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