Teamtech Formwork Solutions IPO — Listing Performance
Teamtech Formwork Solutions IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 19 May 2026 |
| Listing date | 26 May 2026 |
| Overall subscription | 6.59x |
| Issue price | ₹63 |
| Listing-day close | ₹72.75 (15.48%) |
| Recent market price | ₹132.05 (109.6% vs issue) |
| 52-week range | ₹70 – ₹142.10 |
| Identifiers | NSE: TEAMTECH |
How the listing went
Teamtech Formwork Solutions saw a healthy listing pop, closing day one 15.48% above the issue price, on moderate subscription of 6.59x.
Teamtech Formwork Solutions against every other debut on record
- Rank in 2026: 53 of 163 NSE debuts, on a 15.48% first-day close.
- 76th percentile of 64 SME debuts in 2026 (median 1.78%).
- 3rd of 9 debuts in May 2026.
- Subscribed 6.59x: 45th percentile of 167 SME issues with a figure; the 32 subscribed between 5 and 20 times closed day one a median 7.66%.
- Opened 19.05% above issue, then gave up 3.57 points to the close.
- Day-one range ₹71.25 to ₹76.80: a 8.81% swing on the issue price.
- Last close ₹132.05 (23 Oct 2026): 109.6% above issue, against 15.48% on day one.
- 86% up its 52-week range of ₹70 to ₹142.10.
- Priced at the top of the ₹61 to ₹63 band.
- Listed 5 calendar days after close.
- All 614 SME debuts on record: median 13.49%, 78% closed above issue.
Computed over 1159 verified NSE debuts to 23 Oct 2026 · sources