🏗️ Teamtech Formwork Solutions IPO Subscription Day 3 — 21 May 2026 | LAST DAY TODAY

The Teamtech Formwork Solutions IPO closes TODAY on 21 May 2026 — this is the final Day 3 of subscription. This Hyderabad-based B2B construction formwork manufacturer opened bidding on 19 May 2026 and is raising ₹50.15 crore via 100% fresh issue at ₹61–₹63 per share on NSE SME. ⚠️ Absolute last chance to apply — issue closes today. Submit UPI mandate before 5 PM IST. Allotment 22 May, listing 26 May 2026.

📊 Day 3 Final Subscription Status — Category Wise

• Overall Subscription: Teamtech Formwork Solutions IPO opened Day 1 (19 May) with 0.35x subscription, led by initial QIB activity. Day 3 final bids are now being placed — subscription data updating live throughout the day. Final figures will be available by 5 PM today.

• Retail (RII) Category: Retail bids (35% quota) for Teamtech Formwork IPO are being placed today. With Day 1 at 0.35x overall, retail allotment probability is currently high. Today may be the last chance to apply without facing lottery-level oversubscription.

• NII / HNI Category: NII category (15% quota) bids will see the biggest surge today being the final day. Proportionate allotment for HNI category will be determined by final Day 3 numbers.

• QIB Category: QIB (50% quota) showed early Day 1 interest. Final institutional bids are expected today — QIB subscription will be the key determinant of the overall final subscription multiple.

• IPOView Day 3 Final Assessment: Teamtech delivered 64% revenue growth and 48% PAT growth in FY26 — impressive numbers for a construction sector B2B player. Strong infra sector tailwinds in India. However GMP remains ₹0 with no grey market excitement. Investors who believe in India's construction boom and have reviewed the RHP may consider applying before today's 5 PM cut-off. Track live Teamtech Formwork subscription on IPOView.

📈 Teamtech Formwork Solutions IPO GMP Today — 21 May 2026

The Teamtech Formwork Solutions IPO GMP today is ₹0. No grey market premium activity. Expected listing price at or near issue price of ₹63. Track live Teamtech Formwork GMP updates on IPOView.

🏭 Company Overview — Teamtech Formwork Solutions Ltd

Teamtech Formwork Solutions Limited was incorporated in November 2018 and is headquartered in Hyderabad, Telangana. The company manufactures, refurbishes, and rents modular T-formwork and customised formwork systems used as temporary concrete moulds for construction and infrastructure projects. Its solutions cater to vertical concrete structures — walls, shafts, bridges, tanks, foundations, and circular structures. It operates a 20,000 sq. ft. manufacturing facility. The company raised ₹14.28 crore from 9 anchor investors ahead of its public issue, reflecting institutional confidence in the infrastructure sector story.

📋 IPO Key Details

• Exchange: NSE SME

• Issue Type: Book-Built (100% Fresh Issue, No OFS)

• Issue Size: ₹50.15 Crore | 79.60 lakh shares

• Price Band: ₹61 – ₹63 per share | Face Value: ₹5

• Lot Size: 2,000 shares | Min. Investment: ₹2,52,000 (2 lots = 4,000 shares)

• HNI Min. Investment: ₹3,78,000 (3 lots = 6,000 shares)

• Open Date: 19 May 2026 | Close Date: 21 May 2026 (TODAY — LAST DAY!)

• Allotment Date: 22 May 2026 | Listing Date: 26 May 2026

• Registrar: KFin Technologies Ltd.

• Lead Manager: GetFive Advisors Pvt. Ltd.

• Market Maker: SMC Global Securities Ltd.

• Anchor Allotment: ₹14.28 Crore from 9 anchor investors

💰 Financials — Key Numbers

• Revenue FY26: ₹54.23 Crore | Revenue FY25: ₹32.98 Crore | Revenue FY24: ₹30.31 Crore

• PAT FY26: ₹11.59 Crore | PAT FY25: ₹7.84 Crore | PAT FY24: ₹7.69 Crore

• Revenue Growth FY26 vs FY25: ~64% YoY

• PAT Growth FY26 vs FY25: ~48% YoY

• Total Assets FY26: ₹66.75 Crore | Total Borrowings FY26: ₹16.68 Crore

• IPO Proceeds Use: Working capital requirements and general corporate purposes

✅ Should You Apply? — ⚠️ TODAY IS THE LAST DAY!

The Teamtech Formwork Solutions IPO is a direct play on India's construction and infrastructure boom through a niche B2B modular formwork company. Impressive 64% revenue and 48% PAT growth in FY26 make a strong financial case. However, GMP remains ₹0 indicating limited grey market enthusiasm, and B2B construction carries working capital intensity and client concentration risks. Since today is absolutely the final day, investors who have reviewed the RHP and are aligned with the India infra story should apply via UPI before 5 PM IST today. Track live Teamtech Formwork subscription status on IPOView.

Disclaimer: This is not investment advice. Please read the RHP carefully and consult your financial advisor before investing. GMP is unofficial and unregulated.