Teamtech Formwork Solutions IPO Allotment Status: Here’s How to Check Allotment Online

  • By Kotak News Desk
  • 21 May 2026 at 4:30 PM IST
  • Share Market News
  •  4 min read
IPO Allotment Status

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As on 21 May 2026, 5PM IST, The allotment of shares for Teamtech Formwork Solutions IPO of ₹50.15 crores is expected to take place on 22 May 2026. The subscription for the Teamtech Formwork Solutions IPO closed on 21 May 2026. The IPO ran from 19 May 2026 to 21 May 2026 and was priced between ₹61 and ₹63 per share. The Teamtech Formwork Solutions IPO comprised a fresh issue and an offer for sale.

Teamtech Formwork Solutions IPO subscribed 6.25 times. The public issue subscribed 5.54 times in the individual investors category, 4.13 times in QIB (Ex Anchor), and 9.59 times in the NII category by 21 May 2026, 5PM on Day 3.

Step 1: Visit KFIN Technologies Limited
Step 2: Select Teamtech Formwork Solutions from the drop-down menu on the page
Step 3: Enter details required like PAN number, Application Number, or Demat Account Number.
Step 4: Click on the ‘Search’ Button
Step 5: Get your allotment status

Step 1: Go to the BSE website
Step 2: Click on ‘Status of Issue Application’ under ‘Investor Services’
Step 3: Click on ‘Application Status Check’
Step 4: Choose the ‘Issue Type’ and ‘Issue Name’
Step 5: Enter your PAN or Application Number
Step 6: Verify the box ‘I’m not a robot’
Step 7: Click on “Search to view allotment status”

Step 1: Open NSE INDIA website in your browser.
Step 2: In the top menu, click on Invest (or search for “Verify IPO Bids”)
Step 3: Under Resources & Tools, select “Verify IPO Bids / IPO Bid Verification”
Step 4: On the IPO Bid Verification page, select the Teamtech Formwork Solutions from the dropdown
Step 5: Enter your Application Number or PAN in the required field
Step 6: Fill any other required fields (e.g., DP ID if requested)
Step 7: Complete the CAPTCHA / “I’m not a robot” check
Step 8: Click Submit (or Verify) to view your Teamtech Formwork Solutions allotment status.

(As on 21 May 2026, 5PM)

Teamtech Formwork Solutions Limited was originally incorporated as Teamtech Formwork Solutions Private Limited on November 12, 2018 under the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies/ Central Processing Centre. Subsequently, the name of the company was changed from Teamtech Formwork Solutions Private Limited to Teamtech Formwork Solutions Limited under The Companies Act, 2013 pursuant to a special resolution passed by our shareholders at the ExtraOrdinary General Meeting held on 12.12.2025 and had obtained fresh certificate of incorporation dated December 30, 2025 issued by the Registrar of Companies/Central Processing Centre.Presently, Company manufactures vertical modular T formwork systems which are suitable for a wide range of vertical concrete structures. These systems are used for foundations, walls, shafts, tanks, bridges, circular walls and various other structural elements. With a balanced and versatile range of panels, the formwork has easy access to diverse project layouts, configurations and crosssections, supporting faster and more efficient construction execution. These comprise of customised design, and technical support for projects.In addition to manufacturing new formwork systems, it undertake refurbishment and reconditioning of used formwork, activities enabling customers to extend product life. The Company offers a rental model, allowing customers to access formwork solutions without capital expenditure. The Company uses software to support design activities its routine operational activities. Among these, a formwork planning software helps to assess the number of panels required based on the layout or design plan provided by the client. This technology give estimation of project timelines and preparation of reliable quotations, through proper feasibility studies. Company has filed a Draft Prospectus with SEBI and is proposing to issue 79,60,000 Equity Shares of face value Rs 5 each through fresh issue by way of Initial Public Offering.

If you are allotted the Teamtech Formwork Solutions shares on 26 May 2026, the allotment day, the shares will be credited to your demat account on 25 May 2026. The money that was blocked for them will be debited from your linked bank account. Once you receive the shares, you can trade them or sell them after they are listed on 26 May 2026, on NSE or BSE.

If you didn’t receive allotment:
• Refunds will be initiated on or about 25 May 2026.
• The amount will be credited to your bank account linked to UPI On the other hand, if allotted shares will reflect in your Demat by 22 May 2026.

The shares of Teamtech Formwork Solutions are expected to be listed on BSE and NSE on or about 26 May 2026. You can track listing gains/losses on Kotak Neo.

You can check the Teamtech Formwork Solutions IPO allotment status on the [-] or the BSE/NSE IPO allotment page by entering your PAN number, application number, or Demat account details.

The official Registrar of Teamtech Formwork Solutions IPO is [-].

The allotment date of the Teamtech Formwork Solutions IPO is 22 May 2026.

The QIB (Qualified Institutional Buyers) quota refers to the portion of shares reserved in an IPO for institutional investors such as mutual funds, banks, insurance companies, and foreign institutional investors.

The HNI (High Net-worth Individual) quota is the portion of shares reserved in an IPO for investors who apply with more than ₹2 lakh, also known as the Non-Institutional Investor (NII) category.

Retail investors are individual investors who apply for an IPO with an investment amount of up to ₹2 lakh, making them eligible for the retail quota reserved in the public issue.

You can check the Teamtech Formwork Solutions IPO subscription status on Kotak Neo IPO Subscription Status https://www.kotakneo.com/ipo/ipo-subscription-status/

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This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Neo Research Team, nor is it a report published by the Kotak Neo Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.

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Kotak News Desk
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