Teamtech Formwork Solutions was originally established as a partnership firm under the name of ‘M/s. TeamTech Engineering’ vide partnership deed dated August 2, 2017. Thereafter in 2018, it was converted from partnership firm to private limited on November 12, 2018 and the name of the company was changed to M/s ‘Teamtech Formwork Solutions Private Limited’ on November 13, 2018. Subsequently, in 2025, the company was converted into a public limited company pursuant to a special resolution passed in the extraordinary general meeting of the Shareholders held on December 12, 2025. 

The 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. It provides modular T formwork systems, including customised design, and technical support for projects. In addition to manufacturing new formwork systems, it also undertakes 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.

The company manufactures vertical modular T formwork systems which are only 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, its formwork can be easily adapted to diverse project layouts, configurations and cross-sections, supporting faster and more efficient construction execution.

Business area of the company 

The company is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry.

Products of the company

• Standard Panels - Standard panels are pre-engineered modular formwork panels manufactured in predetermined sizes and configurations that can be assembled in different combinations to support common reinforced concrete structural elements.
• Customized Panels - Customized panels are formwork panels designed and manufactured specifically to meet project-specific structural or architectural requirements where standard modular panels may not be suitable.
• Formwork Accessories and Supporting Components - In addition to formwork panels, the company supplies a range of formwork accessories and supporting components that enable the secure assembly, alignment and stability of the formwork system during construction operations.

Awards, accreditations and recognition 

• 2025: Startup Entrepreneur in Construction Sector.

History and milestones

• 2018: Alteration of the Partnership Deed for induction of new partners and revision of the profit-sharing ratio among existing and incoming partners.
• 2018: The Partnership was converted into a private limited company and was issued a fresh Certificate of Incorporation.
• 2019: Introduced rental facility of formwork system.
• 2021: Introduced Refurbishment facility of formwork system.
• 2022: Started production of customized Pannel.
• 2022: Purchased land for the expansion of production unit.
• 2023: Leased Warehouse facility was added having area of more than 10,000 square feet.
• 2024: Started construction of the company’s new facility.
• 2025: The company was converted into a public limited company and a fresh Certificate of Incorporation was issued.