On the last day, the Accord Transformer IPO was subscribed 357.37 times overall, with the retail quota at 367.59 times, the QIB quota at 153.01 times, and the NII quota at 606.02 times, respectively.   Â
Accord Transformer IPO Listing Details
| Listing Date | 2nd March, 2026 |
| BSE Code | – |
| NSE Code | – |
| ISIN Code | – |
| Offer Price | ₹43 to ₹46 |
| Face Value | ₹10 |
| Listing Price | – |
Details About Accord Transformer IPOÂ
Accord Transformer received approval from SEBI for an IPO of ₹26 crores, comprising a fresh issue of ₹25.59 crores with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹43 to ₹46 per share.
In this IPO, a total of 6,000 shares were available in 2 lot sizes for the minimum Retail category and for the maximum retail category.
In S-HNI (Min), a total of 9,000 shares is in a 3-lot size.
S-HNI: Maximum total shares 21000 in 7 lot sizes.
B-HNI minimum total shares 24,000 in 8 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ₹2,76,000.Â
- Small HNI (Min): Minimum investment of ₹4,14,000. Â
- S-HNI Maximum: Investment of ₹9,66,000.Â
- B-HNI (Min): Minimum investment of ₹11,04,000. Â
Subscription duration of the Accord Transformer IPOÂ
The Accord Transformer IPO opened on February 23, 2026, and closed on February 25, 2026.
The allotment of Accord Transformer was finalized on February 26, 2026, and the IPO listing is scheduled for March 2, 2026.
About the Accord Transformer IPOÂ Â
Set up in 2014, Accord Transformer & Switchgear is one of the prominent companies that designs electrical power and distribution equipment. The firm is involved in designing, engineering, manufacturing, and supplying transformers, control panels & switchgears. With over 10 years of experience, the firm is serving customers with standard and customised equipment.
Its products mainly cater to various sectors like power transmission and distribution, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks.


