Teamtech Formwork Solutions Ltd IPO

About Teamtech Formwork Solutions Ltd

Our Company 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 Extra-Ordinary 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, with Corporate Identification Number of the Company U29190TG2018PLC128233.

India's construction sector plays a vital role in the country's economic growth, addressing essential infrastructure requirements while generating significant employment. Public infrastructure strengthens connectivity, boosts trade, and improves living standards. The government has introduced multiple models to encourage private investment in roads, highways, airports, industrial parks, and education and skill development sectors. India possesses the world's second-largest road network, with National Highways extending 1,46,145 km. The metro network, currently 810 kms across 20 cities, ranks fifth globally and is expected to become the third largest. Rapid urbanisation, foreign investment, and smart city initiatives have accelerated world-class infrastructure development nationwide. For further details, please refer to the chapter titled Industry Overview on Page no. 110 of the Offer document.

Our Company operates on business-to-business (B2B) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Formwork systems serve as temporary moulds that support and shape concrete which is poured into it until it attains the desired structural form (It provides support until the concrete gains enough strength to sustain its own weight and any imposed loads), making them an essential component of modern construction activities. We provide modular T formwork systems, including customised design, and technical support for projects. In addition to manufacturing new formwork systems, we also undertake refurbishment and reconditioning of used formwork, activities enabling customers to extend product life. The Company also offers a rental model, allowing customers to access formwork solutions without capital expenditure.

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