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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Purchase of plant and machinery for new manufacturing unit
Funding the procurement of capital equipment and machinery for establishing an expanded manufacturing unit.
Prepayment or repayment of certain borrowings
Repaying existing debt facilities to reduce finance costs and improve debt equity structure.
Funding working capital requirements
Meeting incremental working capital needs associated with business expansion and inventory management.
General corporate purposes
Supporting ongoing administrative operations, strategic initiatives, and corporate development.
(₹ in Crore)
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Teamtech Formwork Solutions Limited operates on a business-to-business (B2B) model specializing in the manufacturing, refurbishing, and rental of modular T-formwork and customized formwork systems. Formwork systems are temporary molds and structural supports essential in concrete construction to shape walls, columns, shafts, tanks, and bridges. The company provides end-to-end engineering support including custom design, technical guidance, and refurbishment services that help client contractors extend product lifespans and reduce ongoing capital expenditure. Its manufacturing and assembly facilities span over 32,000 sq. ft. equipped with precision machinery. Serving major infrastructure and commercial construction projects across India, Teamtech Formwork Solutions has also executed international assignments in the UAE and Bahrain. Its product portfolio aligns closely with expanding national infrastructure initiatives in highways, metros, and urban housing.
The company raised ₹14.28 crore from 9 anchor investors by allocating 22,66,000 equity shares at ₹63 per share. Key participants included Navbharat Investment Fund, Finavenue Growth Fund, Invicta Continuum Fund, and GetFive Opportunity Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 24 August 2026, 5:24 PM
Specialized B2B Formwork Solutions
Provides customized engineering design and reusable modular formwork systems that reduce structural construction lead times and overheads.
Comprehensive Rental and Refurbishment Services
Offers rental options alongside reconditioning services, lowering upfront client capital expenditure while securing long-term service contracts.
Consistent Financial Growth Trajectory
Demonstrates robust top-line and bottom-line expansion with revenue rising above 60 percent year over year in the latest fiscal period.
Client Concentration and Construction Cyclicality
Business performance depends heavily on overall infrastructure spending and capital expenditure trends within the construction sector.
Working Capital Intensity
Requires sustained investment in inventory and receivable cycles to support equipment rental fleets and project delivery schedules.
Teamtech Formwork Solutions Limited
3rd Floor, Plot No. 1050/1, Sree Sai Enclave, Survey No. 163/Part, Hydernagar, Kukatpally, Hyderabad, Telangana - 500049, India
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