Teamtech Formwork Solutions IPO

Teamtech Formwork Solutions has opened its initial public offering for subscription on 19 May 2026. The Telangana-based formwork manufacturer is raising ₹50.15 crore through a fresh issue of shares, with bidding open until 21 May 2026. The company manufactures, refurbishes and rents modular T-formwork and customised formwork systems for the construction industry. Its products include standard panels, customised panels, and formwork accessories used for vertical concrete structures such as walls, shafts, tanks, bridges, foundations and circular walls. The company operates a 20,000 sq ft manufacturing and refurbishment facility in Bollaram, Telangana. As of 31 March 2026, it had 100 employees.