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Accord Transformer & Switchgear IPO Subscription

BSE SMEListed

Electric Equipments - Transformers · Listed on BSE · 23 Feb 2026 - 25 Feb 2026

Jagat JoshiJagat Joshi
November 2, 2026
Issue Size
26.00 Cr
Price Band
₹43.00 - ₹46.00
Lot Size
3000 Shares
Min Investment
₹2,76,000
GMP
₹4
Subscription
357.37x
₹6,075.93 Cr
IPO Timeline
IPO OpensDONE
23 Feb 2026
IPO ClosesDONE
25 Feb 2026
Basis of AllotmentDONE
26 Feb 2026
RefundsDONE
27 Feb 2026
Demat CreditDONE
27 Feb 2026
ListingDONE
02 Mar 2026

About Accord Transformer & Switchgear IPO

Accord Transformer IPO open date is February 23, 2026 and the IPO will close on February 25, 2026. Accord Transformer & Switchgear IPO is a Bookbuilding IPO Issue. The company to raise around ₹26 crores via IPO that comprises fresh issue of ₹25.59 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Accord Transformer IPO price band is ₹43 to ₹46 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Accord Transformer & Switchgear IPO to list on BSE SME on March 2, 2026. The allotment of Accord Transformer IPO date is Allotment February 26, 2026.

The company reported revenue of ₹79.20 crores in 2025 against ₹48.60 crores in 2024. The company reported profit of ₹6.05 crores in 2025 against profit of ₹1.61 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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Accord Transformer & Switchgear IPO Subscription Status

QIB
153.01x
NII
606.02x
bNII
709.68x
sNII
398.70x
Retail
367.59x
Total
357.37x

Subscription Status

CategorySubscription (x)Shares OfferedShares bid forTotal Amount (₹ Cr)
QIB (Ex. Anchor)153.01x10,56,00016,15,83,000₹743.28 Cr
NII606.02x7,92,00047,99,70,000₹2,207.86 Cr
bNII > ₹10L709.68x5,28,00037,47,12,000₹1,723.68 Cr
sNII < ₹10L398.70x2,64,00010,52,58,000₹484.19 Cr
Retail367.59x18,48,00067,93,02,000₹3,124.79 Cr
Total357.37x36,96,0001,32,08,55,000₹6,075.93 Cr

IPO Reservation

Investor CategoryShares Offered% of Net Issue
QIB26,40,00050.00%
- Anchor15,84,0000.00%
- QIB (Ex. Anchor)10,56,0000.00%
NII7,92,00015.00%
- bNII > ?10L5,28,0000.00%
- sNII < ?10L2,64,0000.00%
Retail18,48,00035.00%
Market Maker2,82,0000.00%
Total55,62,000100.00%

IPO Anchor Investors

Anchor Investors Letter (PDF)
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Frequently Asked Questions (FAQ)

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