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Accord Transformer & Switchgear Ltd

Accord Transformer & Switchgear Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹46
₹46
GMP (Grey Market)
+₹8
+17.39%
Est. Listing Price
₹54
Based on GMP
Min. Investment
₹138,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Feb 2026
Close Date
25 Feb 2026
Allotment
03 Mar 2026
Listing Date
02 Mar 2026
Exchange
BSE SME
Price Band
₹46
Listing Price
See chart
Allotment Status
Price Band
₹46
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
55,62,000 shares (agg. up to ₹26 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹138,000
1 lot
Pre-IPO Holding
1,50,11,289 shares
Promoters
Post-IPO Holding
2,05,73,289 shares
Promoters
P/E (Pre)
11.41x
 
P/E (Post)
15.63x
 
EPS (Pre)
₹4.03
 
EPS (Post)
₹2.94
 
UPI Deadline
5:00 PM on 25 Feb 2026
Mandate
GMP
+₹8
+17.39% est.
Anchor AllotmentSun, 22 Feb 2026
Basis of AllotmentTue, 03 Mar 2026
Refund InitiationWed, 04 Mar 2026
Demat CreditWed, 04 Mar 2026
Listing DayMon, 02 Mar 2026
UPI Mandate Deadline5:00 PM on 25 Feb 2026
Sale TypeFresh Capital
Net Offer to Public52,80,000 shares (agg. up to ₹24 Cr)
Market Maker Quota2,82,000 shares (agg. up to ₹1 Cr)
QIB Quota47.46% of Net Issue
HNI / NII Quota14.24% of Net Issue
Retail Quota33.23% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Accord Transformer & Switchgear Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Feb 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
282,000
5.07%
5.07%
₹1.30
QIB
Over 1.00x
2,640,000
47.46%
47.46%
₹12.14
NII / HNI
Over 1.00x
792,000
14.24%
14.24%
₹3.64
Retail
Over 1.00x
1,848,000
33.23%
33.23%
₹8.50
Total 1.00x
5,562,000
100% ₹25.59
IPO Shares Offered
Accord Transformer & Switchgear Ltd IPO total issue size: ₹25.59 Cr. Retail: ₹8.50 Cr. QIB: ₹12.14 Cr. NII: ₹3.64 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 2,640,000 ₹12.14
47.46%
Market Maker 282,000 ₹1.30
5.07%
NII 792,000 ₹3.64
14.24%
Retail 1,848,000 ₹8.50
33.23%
Total 5,562,000 ₹25.59
100.00%
* Based on upper price band ₹46 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 792,000 1,848,000 2,640,000
Allotment price (₹) 46 46 46 46 46 46 46 46
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹8.50 ₹8.50
Times subscribed 1 1 1 1
Shares allotted 792,000 1,848,000 2,640,000
No. of allottees
* Upper price band ₹46 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹46.00
Upper Band
Min Investment
₹138,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹276,000
Retail (Max — 13 Lots)1339,000₹1,794,000
S-HNI (Min — 14 Lots)1442,000₹1,932,000
B-HNI (Min — 68 Lots)68204,000₹9,384,000
* Issue Price ₹46 × Lot Size 3,000 shares
IPO Schedule
Anchor
22 Feb 2026
✓ Done
IPO Open
23 Feb 2026
✓ Done
IPO Close
25 Feb 2026
✓ Done
Allotment
03 Mar 2026
✓ Done
Refunds
04 Mar 2026
✓ Done
Demat Credit
04 Mar 2026
✓ Done
Listing Day
02 Mar 2026
✓ Done
Accord Transformer & Switchgear Ltd — Live Price LIVE
₹46.00
INR · BSE
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Issue ₹46.00 GMP: +₹8 Live Price
About Accord Transformer & Switchgear Ltd

Accord Transformer & Switchgear Ltd is proposing an IPO on BSE SME under the SME category. Total issue: 55,62,000 shares (agg. up to ₹26 Cr).

Opens 23 Feb 2026, closes 25 Feb 2026. Listing: 02 Mar 2026. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Accord Transformer & Switchgear Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹48.6
31 Mar 2024
₹79.2
31 Mar 2025
₹45.3
31 Dec 2025
Profit After Tax (PAT)
₹1.6
31 Mar 2024
₹6.1
31 Mar 2025
₹2.9
31 Dec 2025
Particulars31 Dec 202531 Mar 202531 Mar 2024
Revenue from Operations 45.29 79.20 48.60
EBITDA 4.62 9.10 2.67
Profit After Tax (PAT) 2.91 6.05 1.61
Net Worth 24.45 21.54 6.04
Total Assets 41.02 59.89 26.46
Reserves & Surplus 9.44 21.25 5.79
Borrowings 4.37 11.81 9.13
EBITDA Margin (%) 10.19%
PAT Margin (%) 6.44%
P/BV Ratio
2.82
RoE
12.67%
RoCE
14.52%
RoNW
11.91%
PAT Margin
6.44%
EBITDA Margin
10.19%
Debt/Equity
0.18
Issue Structure & Shareholding
Total Shares Offered55,62,000 (100.00%)
Net Offer to Public52,80,000 shares (agg. up to ₹24 Cr)
Reserved for Market Maker2,82,000 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding1,50,11,289 shares
Post-Issue Promoter Holding2,05,73,289 shares
P/BV Ratio2.82
RoE12.67%
RoCE14.52%
Debt / Equity0.18
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Accord Transformer & Switchgear Ltd IPO subscribed?

Accord Transformer & Switchgear Ltd IPO is subscribed 1.00 times by Feb 25, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Accord Transformer & Switchgear Ltd IPO retail subscription status?

The Accord Transformer & Switchgear Ltd IPO retail category is subscribed 1.00 times as of 25 Feb 2026. The retail portion is oversubscribed.

How to subscribe Accord Transformer & Switchgear Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Feb 2026 and closes 25 Feb 2026. Min investment: ₹138,000 (1 lot = 3,000 shares). UPI mandate: 5:00 PM on 25 Feb 2026.

How many times Accord Transformer & Switchgear Ltd IPO subscribed?

The Accord Transformer & Switchgear Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Accord Transformer & Switchgear Ltd IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Mar 2026. Refunds: on 04 Mar 2026.

When Accord Transformer & Switchgear Ltd IPO will be listed?

The Accord Transformer & Switchgear Ltd IPO listing date is 02 Mar 2026, Monday. Listed on: BSE SME. Issue price: ₹46. Estimated listing: ₹54. GMP: +₹8.

When Accord Transformer & Switchgear Ltd IPO close?

The Accord Transformer & Switchgear Ltd IPO closes on 25 Feb 2026, Wednesday. UPI mandate: 5:00 PM on 25 Feb 2026. Allotment: 03 Mar 2026. Listing: 02 Mar 2026.