Initial public issue of up to 79,60,000 equity shares of face value of Rs. 5/- each of Teamtech Formwork Solutions Limited (the"Company" or the "Issuer") for cash at a price of Rs. 63 per equity share including a share premium of Rs. 58 per equity share ("Issue Price") aggregating to Rs. 50.15 Crores ("The Issue"), of which 4,00,000 equity shares at a price of Rs. 63 per equity share including premium aggregating to Rs. 2.52 Crores will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 75,60,000 equity shares of face value of Rs. 5/- each at a price of Rs. 63 per equity share including premium aggregating to Rs. 47.63 Crores is herein after referred to as "Net Issue". The issue and the net issue will constitute 26.55% and 25.22%, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 5/- each.
Price Band Rs. 63.00 per equity share of face value of Rs. 5.00/- each.
The floor price is 12.6 times the face value of the equity shares.
Bids can be made for a minimum size of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-May-2026
21-May-2026
₹ 63.00
₹ 0.00
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
45.49
Getfive Advisors Private Limited
Project Financed through Current Offer
50.15
Post Issue Equity Share Capital
14.99
Issue Price
₹63.00
Projects
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 its company.