Teamtech Formwork Solutions IPO

The price band is ₹63 per share with a lot size of 2000 shares. Minimum investment: ₹126000.

Teamtech Formwork Solutions Limited is engaged in the manufacturing, refurbishing, and rental of modular T formwork and customised formwork systems used in the construction industry. The company operates on a B2B model and provides vertical modular T formwork systems used for foundations, walls, shafts, tanks, bridges, circular walls, and other vertical concrete structures. Its offerings include standard panels, customised panels, accessories, refurbishment and reconditioning services, and rental-based formwork solutions. The company also provides formwork design support and project planning through software used for estimating panel requirements and project layouts. Teamtech Formwork Solutions operates an in-house manufacturing and assembly facility spread across 20,000 sq. ft. at IDA Bollaram, Sangareddy District, Telangana. The facility is equipped with machinery such as laser machines and plywood cutting equipment for manufacturing and refurbishment activities. The company was originally established as a partnership firm in 2017 and was converted into a public limited company in 2025.

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Teamtech Formwork Solutions was founded by Mr Eldo Varghese in 2018.