Teamtech Formwork Solutions Ltd
Registered Office:
3rd Flr Plot #.1050/1 Sree Sai,Enclave Sy No.163/Part Miyapur,
Hyderabad
-
500049,
Telangana, India.
Initial public issue of up to 79,60,000 equity shares of face value of (Rs) 5/- each of Teamtech Formwork Solutions Limited (the"Company" or the "Issuer") for cash at a price of (Rs) 63 per equity share including a share premium of (Rs) 58 per equity share ("Issue Price") aggregating to (Rs) 50.15 Crores ("The Issue"), of which 4,00,000 equity shares at a price of (Rs) 63 per equity share including premium aggregating to (Rs) 2.52 Crores will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 75,60,000 equity shares of face value of (Rs) 5/- each at a price of (Rs) 63 per equity share including premium aggregating to (Rs) 47.63 Crores is herein after referred to as "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) 63.00 per equity share of face value of (Rs) 5.00/- each.
The floor 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.
Opens On
Closes On
Application
Allotment
19-May-26
21-May-26
63.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
4000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
50.15
Post Issue Equity Share Capital
14.99
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
Eldo Varghese
Chaitanya Prakash Kotagiri
Salinraj Kunnummal