Description
The Teamtech Formwork Solutions IPO opens on Tuesday, May 19, 2026 and closes on Thursday, May 21, 2026. The allotment of shares will take place on Friday, May 22, 2026. The credit of shares to the demat account will take place on Monday, May 25, 2026. The initiation of refunds will take place on Monday, May 25, 2026. The listing of shares will take place on Tuesday, May 26, 2026. The offer consists of a fresh issue component. The fresh issue will include 0.80 crore shares of ₹50.15 crore. The total number of shares and aggregate amount are 79,60,000 shares (aggregating up to ₹50 crores). Teamtech Formwork Solutions IPO’s price band is set at ₹61 to ₹63 per share. The lot size for an application is 2,000. The minimum amount of investment required by a retail investor is ₹2,52,000 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,78,000.