Teamtech Formwork Solutions IPO allotment: How to check status online on KFin Technologies, NSE

Teamtech Formwork Solutions IPO allotment: The basis of allotment of Teamtech Formwork Solutions IPO is expected to be finalised on Friday, May 22. The bid finalisations details will be available on the websites of the registrar, KFin Technologies, and NSE.

The initial share sale was subscribed 7.01 times during the three-day subscription period, according to Chittorgarh.

The ₹50.15 crore IPO was solely a fresh issuance of 79.60 lakh shares, with no offer for sale component.

The funds generated will be utilised for capital expenditure towards the purchase of plant and machinery, debt repayment, working capital requirements and corporate general purposes.

"We believe that listing will enhance our corporate image and visibility of brand name of our Company. We also believe that our company will receive the benefits from listing of Equity Shares on the NSE Emerge (“NSE”). It will also provide liquidity to the existing shareholders and will also create a public trading market for the Equity Shares of our company," the firm said in its red herring prospectus.

With a price band of ₹61 to ₹63 per share, a lot consisted of 2,000 shares. The minimum investment for an individual investor was two lots or 4,000 shares.

Teamtech Formwork Solutions, which operates on a business-to-business (B2B) model, manufactures, refurbishes and rents modular T formwork and customised formwork systems used in the construction industry. Formwork systems are utilised as temporary moulds that shape and support concrete until it attains the desired structural form.

Teamtech Formwork Solutions IPO allotment date and time

Teamtech Formwork Solutions IPO allotment is likely to be finalised on Friday, May 22, 2026, by late evening.

How to check Teamtech Formwork Solutions IPO allotment status online on NSE

• Open this page in your browser: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose ‘Equity & SME IPO bid details’
• Select ‘Teamtech Formwork Solutions’ under the symbol ‘TEAMTECH’
• Add your application number and PAN card number
• Press 'Submit' button

Steps to check Teamtech Formwork Solutions IPO allotment status on KFin Technologies

• Visit the official website: https://ipostatus.kfintech.com/
• In the ‘Select IPO’ list, pick ‘Teamtech Formwork Solutions Ltd’
• Add your IPO application number, PAN or Demat account number
• Click on ‘Submit’

Teamtech Formwork Solutions IPO listing: Date and time

Shares of Teamtech Formwork Solutions will debut on the SME platform of the NSE on Tuesday, May 26, at 10 am.