Search IPOs
ACCORDTS · BSE · Transformer & Switchgear
Accord Transformer & Switchgear IPO listed on 02 Mar 2026 on BSE at ₹50.00, a gain of 8.70% over the issue price of ₹46.00. The IPO was subscribed 357.37x overall.
Accord Transformer & Switchgear IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 23 Feb 2026 |
| IPO Close Date | 25 Feb 2026 |
| Basis of Allotment | 26 Feb 2026 |
| Initiation of Refunds | 27 Feb 2026 |
| Credit of Shares to Demat | 27 Feb 2026 |
| Listing Date | 02 Mar 2026 |
Listing day gain
+8.7%
Listed at ₹50 (issue ₹46)
Issue
₹46
Listing
₹50
Current
₹52.5
+14.13% vs issue
Day range
₹47.5 – ₹52.5
Issue Size
5,562,000 shares
(aggregating up to ₹26.00 Cr)
Issue Price
₹43 – ₹46
Face Value
₹10/share
Market Lot
3,000 shares
Retail Min Investment
₹276,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
5,280,000 shares
(aggregating up to ₹24.7 Cr)
Offer for Sale
[.]
Reserved for Market Maker
282,000 shares
(aggregating up to ₹1.30 Cr)
Issue Type
book building
Open Date
23 Feb
Close Date
25 Feb
Allotment
26 Feb
Listing
02 Mar
Last updated: 7 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 02 Mar 2026 Latest | ₹46 | ₹4 | ₹50 | ₹4 |
8.7%
|
4:14 PM |
| 01 Mar 2026 | ₹46 | ₹4 | ₹50 | ₹4 |
8.7%
|
2:27 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 25 Feb 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 153.01x | - |
| NII | 606.02x | - |
| bNII (bids above ₹10L) | 709.68x | - |
| sNII (bids below ₹10L) | 398.7x | - |
| Retail Investors | 367.59x | - |
| Total | 357.37x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Pradeep Kumar Verma and Mrs Shalini Singh are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹276,000 |
| Retail (Max) | 2 | 6,000 | ₹276,000 |
| S-HNI (Min) | 3 | 9,000 | ₹414,000 |
| S-HNI (Max) | 7 | 21,000 | ₹966,000 |
| B-HNI (Min) | 8 | 24,000 | ₹1,104,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,640,000 (47.47%) |
|
•
Anchor Investor Shares Offered
|
1,584,000 (28.48%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,056,000 (18.99%) |
| NII (HNI) Shares Offered | 792,000 (14.24%) |
|
•
bNII > ₹10L
|
528,000 (9.49%) |
|
•
sNII < ₹10L
|
264,000 (4.75%) |
| Retail Shares Offered | 1,848,000 (33.23%) |
| Market Maker Shares Offered | 282,000 (5.06%) |
| Total Shares Offered | 5,562,000 (100.00%) |
Accord Transformer & Switchgear Limited is a specialized Indian manufacturer focusing on the production and supply of electrical transformers and switchgear equipment. The company operates primarily from its base in Haryana, serving the critical infrastructure needs of India's power sector.
Strengths:
Growth:
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 40.81 | 48.6 | 79.2 |
| Profit After Tax (PAT) | 0.87 | 1.61 | 6.05 |
| EBITDA | 1.54 | 2.67 | 9.1 |
| Total Assets | 15.82 | 26.46 | 59.89 |
| Net Worth | 4.43 | 6.04 | 21.54 |
| Reserves & Surplus | 4.18 | 5.79 | 21.25 |
| Total Borrowing | 2.3 | 9.13 | 11.81 |
Revenue & Profit Trend
The basis of allotment for Accord Transformer & Switchgear IPO was finalised on 26 Feb 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Accord Transformer & Switchgear IPO is expected to open in Feb 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Accord Transformer & Switchgear IPO is ₹43.00 - ₹46.00 per share.
As per market sources, Accord Transformer & Switchgear IPO GMP is currently ₹4.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Accord Transformer & Switchgear IPO stands at 357.37x overall.
The listing date for Accord Transformer & Switchgear IPO is 02 Mar 2026.
No comments yet. Be the first to comment!
