Comparison between RFBL Flexi Pack IPO and Teamtech Formwork Solutions IPO.
RFBL Flexi Pack IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Teamtech Formwork Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.
| RFBL Flexi Pack IPO | Teamtech Formwork Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Grow House Wealth Management Pvt.Ltd. | GetFive Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | MNM Stock Broking Pvt.Ltd. | SMC Global Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of RFBL Flexi Pack IPO is up to ₹33.56 Cr whereas the issue size of the Teamtech Formwork Solutions IPO is up to ₹47.63 Cr. The final issue price of RFBL Flexi Pack IPO is ₹50.00 per share and of Teamtech Formwork Solutions IPO is ₹63.00 per share.
| RFBL Flexi Pack IPO | Teamtech Formwork Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹47.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹50.00 per share | ₹63.00 per share |
| Issue Price (Final) | ₹50.00 per share | ₹63.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 67,11,000 shares | 75,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹33.56 Cr | up to ₹47.63 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 67,11,000 shares | 75,60,000 shares |
| Issue Size Total (Amount) | up to ₹33.56 Cr | up to ₹47.63 Cr |
RFBL Flexi Pack IPO opens on May 12, 2026, while Teamtech Formwork Solutions IPO opens on May 19, 2026. The closing date of RFBL Flexi Pack IPO and Teamtech Formwork Solutions IPO is May 14, 2026, and May 21, 2026, respectively.
| RFBL Flexi Pack IPO | Teamtech Formwork Solutions IPO | |
|---|---|---|
| Anchor Bid Date | May 11, 2026 | May 18, 2026 |
| Issue Open | May 12, 2026 | May 19, 2026 |
| Issue Close | May 14, 2026 | May 21, 2026 |
| Basis Of Allotment (Tentative) | May 15, 2026 | May 22, 2026 |
| Initiation of Refunds (Tentative) | May 18, 2026 | May 25, 2026 |
| Credit of Share (Tentative) | May 18, 2026 | May 25, 2026 |
| Listing date (Tentative) | May 19, 2026 | May 26, 2026 |
| Anchor Lockin End date 1 | Jun 14, 2026 | Jun 21, 2026 |
| Anchor Lockin End date 2 | Aug 13, 2026 | Aug 20, 2026 |
RFBL Flexi Pack IPO P/E ratio is 9.75, as compared to Teamtech Formwork Solutions IPO P/E ratio of 11.97.
| RFBL Flexi Pack IPO | Teamtech Formwork Solutions IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Teamtech Formwork Solutions Ltd.'s revenue increased by 64% and profit after tax (PAT) rose by 48% between the financial year ending with March 31, 2026 and March 31, 2025.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 81.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.70 | 59.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.75 | 11.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.58 Cr. | ₹188.85 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 60.18 | 42.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.70 | 40.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.05 | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.13 | ₹5.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 60.18 | 34.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the RFBL Flexi Pack IPO Retail Individual Investors (RII) are offered 42,18,000 shares while in Teamtech Formwork Solutions IPO retail investors are offered 42,18,000 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in RFBL Flexi Pack IPO and 15,12,000 shares in Teamtech Formwork Solutions IPO.
| RFBL Flexi Pack IPO | Teamtech Formwork Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 22,66,000 shares |
| Market Maker Reservation | 3,54,000 shares | 4,00,000 shares |
| QIB | 3,60,000 shares | 15,12,000 shares |
| NII | 21,33,000 shares | 11,34,000 shares |
| RII | 42,18,000 shares | 26,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 67,11,000 shares | 75,60,000 shares |
RFBL Flexi Pack IPO subscribed 21.48x in total, whereas Teamtech Formwork Solutions IPO subscribed 4.91x.
| RFBL Flexi Pack IPO | Teamtech Formwork Solutions IPO | |
|---|---|---|
| QIB (times) | 124.39x | 4.28x |
| NII (times) | 24.12x | 12.79x |
| Big NII (times) | 28.86x | 15.07x |
| Small NII (times) | 14.65x | 8.24x |
| RII (times) | 11.36x | 6.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.48x | 4.91x |
