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IPO Synopsis

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IPO

Teamtech Formwork Solutions Ltd
Initial public issue of up to 79,60,000 equity shares of face value of Rs. 5/- each of Teamtech Formwork Solutions Limited ("Teamtech" or the "Company" or the "Issuer") for cash at a price of Rs. 61-Rs. 63 per equity share including a share premium of Rs. 56-Rs. 58 per equity share (the "Issue Price") aggregating to Rs. 48.56-Rs. 50.15 Crores ("The Issue"), of which upto 4,00,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 61-Rs. 63 per equity share including a share premium of Rs.56-Rs. 58 per equity share aggregating to Rs. 2.44-Rs. 2.52 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of [*] equity shares of face value of Rs. 5/- each at a price of Rs. 61-Rs. 63 per equity share including a share premium of Rs. 56-Rs. 58 per equity share aggregating to Rs. [*] Crores is herein after referred to as the "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. 61.00 to Rs. 63.00 per equity share of face value of Rs. 5.00/- each. The floor price is 12.2 times the face value of the equity shares and the cap 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
Opens On Closes On
19-May-26 21-May-26
Money Payable On
Application Allotment
61.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Getfive Advisors Private Limited
Project Financed through Current Offer (.Cr) 48.56  
Post Issue Equity Share Capital (.Cr) 14.99
Issue Price () 61.00
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.
To meet the working capital requirements
General corporate purposes
Promoted By
Eldo Varghese
Chaitanya Prakash Kotagiri
Salinraj Kunnummal
Listing At
NSE - SME
Registrar to the Issue
No Data Available