Teamtech Formwork Solutions IPO

Incorporated in November 2018, Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model, manufacturing, refurbishing, and renting modular T-formwork and customised formwork systems for the construction industry. The company’s product portfolio includes standard panels, customised panels, and formwork accessories & supporting components, which together form a complete modular formwork system for various construction requirements. The company provides modular T-formwork systems with customised design, engineering, technical support, refurbishment, and rental solutions for vertical concrete structures such as walls, shafts, tanks, bridges, foundations, and circular walls. The company operates a 20,000 sq. ft. in-house manufacturing and refurbishment facility in Bollaram, Telangana, equipped with laser and plywood cutting machinery. It also uses specialised formwork planning software for project design, panel estimation, and operational planning. As of March 31, 2026, the company had 100 employees across administration, engineering, operations, R&D, logistics, finance, sales, and management departments. Competitive Strength

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: #: Issue Objects 1: Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit 2: Repayment/prepayment of all or certain of the borrowing availed by your company 3: To meet the working capital requirements 4: General Corporate Purpose : Total

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