Track the Accord Transformer & Switchgear IPO subscription status with comprehensive data across all investor categories. The IPO subscription window was open from Feb 23, 2026 to Feb 25, 2026. Subscription data is categorized into Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors (Retail).
The NII category is further divided into bNII (bids above ₹10 lakh) and sNII (bids below ₹10 lakh) to provide granular insights into subscription patterns. The overall subscription for Accord Transformer & Switchgear IPO stands at 357.37 times.
Subscription rates indicate the level of investor interest - a higher subscription multiple suggests strong demand, while lower multiples may indicate moderate interest. This data helps investors understand market sentiment and make informed decisions about the IPO.
As of February 25, 2026
| Investor Category | Shares Offered | Shares Bid For | Subscribed (Times) | No. of Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
1,056,000 | 161,583,000 | 153.01× | — |
|
NII
Non-Institutional Investors
|
792,000 | 479,970,000 | 606.02× | — |
|
bNII
Bids above ₹10L
|
528,000 | 374,712,000 | 709.68× | — |
|
sNII
Bids below ₹10L
|
264,000 | 105,258,000 | 398.70× | — |
|
Retail Investors
Retail Individual Investors
|
1,848,000 | 679,302,000 | 367.59× | — |
|
Total
|
3,696,000 | 1,320,855,000 | 357.37× | — |
Historical subscription data grouped by date
Wednesday
| Category | Shares Offered | Shares Bid For | Times | No. of Applications |
|---|---|---|---|---|
| QIB | 1,056,000 | 161,583,000 | 153.01× | — |
| NII | 792,000 | 479,970,000 | 606.02× | — |
| bNII | 528,000 | 374,712,000 | 709.68× | — |
| sNII | 264,000 | 105,258,000 | 398.70× | — |
| Retail | 1,848,000 | 679,302,000 | 367.59× | — |
| Total | 3,696,000 | 1,320,855,000 | 357.37× | — |
Tuesday
| Category | Shares Offered | Shares Bid For | Times | No. of Applications |
|---|---|---|---|---|
| QIB | 1,056,000 | 1,140,000 | 1.08× | — |
| NII | 792,000 | 39,177,000 | 49.47× | — |
| bNII | 528,000 | 26,787,000 | 50.73× | — |
| sNII | 264,000 | 12,390,000 | 46.93× | — |
| Retail | 1,848,000 | 110,406,000 | 59.74× | — |
| Total | 3,696,000 | 150,723,000 | 40.78× | — |
Monday
| Category | Shares Offered | Shares Bid For | Times | No. of Applications |
|---|---|---|---|---|
| QIB | 1,056,000 | 18,000 | 0.02× | — |
| NII | 792,000 | 8,925,000 | 11.27× | — |
| bNII | 528,000 | 6,261,000 | 11.86× | — |
| sNII | 264,000 | 2,664,000 | 10.09× | — |
| Retail | 1,848,000 | 30,042,000 | 16.26× | — |
| Total | 3,696,000 | 38,985,000 | 10.55× | — |
As of February 25, 2026, the Accord Transformer & Switchgear IPO IPO has been subscribed 357.37 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Accord Transformer & Switchgear IPO IPO subscription window was open from February 23, 2026 to February 25, 2026. Investors could apply for shares during this period through their demat account or ASBA facility.
The Accord Transformer & Switchgear IPO IPO has a price band of ₹43 to ₹46 per share. The lot size is 3,000 shares, which means retail investors need to apply for a minimum of 3,000 shares. The minimum investment required is ₹129,000 (at lower price) or ₹138,000 (at upper price).
The Qualified Institutional Buyers (QIB) category for Accord Transformer & Switchgear IPO IPO has been subscribed 153.01 times. QIBs were offered 1,056,000 shares in this IPO. QIB category includes foreign institutional investors (FIIs), domestic mutual funds, banks, insurance companies, and other qualified institutional investors. The strong QIB subscription indicates high institutional investor confidence in Accord Transformer & Switchgear IPO.
The Retail Individual Investors (RII) category for Accord Transformer & Switchgear IPO IPO has been subscribed 367.59 times. Retail investors were offered 1,848,000 shares in this IPO. Retail category includes individual investors applying for shares up to ₹2 lakh. The high retail subscription reflects strong interest from small investors in Accord Transformer & Switchgear IPO IPO.
The overall Non-Institutional Investors (NII) category has been subscribed 606.02 times. The NII category is further divided into bNII (bids above ₹10 lakh) with 709.68 times subscription and sNII (bids below ₹10 lakh) with 398.70 times subscription. NII category includes high net-worth individuals (HNIs) and corporate entities investing above ₹2 lakh. The subscription data helps analyze the interest level from high-value investors in Accord Transformer & Switchgear IPO IPO.
The basis of allotment date for Accord Transformer & Switchgear IPO IPO will be announced soon. You can check your allotment status by visiting the registrar's website (KFin Technologies Limited) and entering your PAN number, application number, or DP ID. Alternatively, you can check through your demat account or the stock exchange website (NSE/BSE).
The listing date for Accord Transformer & Switchgear IPO IPO will be announced after the basis of allotment is finalized. The shares will be listed on BSE SME platform. After listing, you can trade the shares through your demat account.
The subscription rate (also called subscription multiple) indicates how many times the IPO has been oversubscribed. For Accord Transformer & Switchgear IPO IPO, the current subscription of 357.37 times means investors have bid for 357.37 times the number of shares offered. Since the subscription is above 1×, the IPO is fully subscribed. The high subscription indicates strong investor demand for Accord Transformer & Switchgear IPO shares. Higher subscription rates generally suggest strong market interest, but may also reduce individual allotment probability.
Investment decisions should be based on your own research, risk appetite, and financial goals. The Accord Transformer & Switchgear IPO IPO has received 357.37 times subscription, indicating strong investor interest. Before investing, consider factors such as the company's business model, financial performance, industry outlook, price band valuation, and your investment objectives. It is recommended to consult with a financial advisor and read the Red Herring Prospectus (RHP) before making any investment decision. Past performance and subscription data are not indicative of future returns.
Qualified Institutional Buyers (QIBs) typically include foreign institutional investors (FIIs), domestic financial institutions, banks, insurance companies, and mutual funds. QIB subscription is often a key indicator of institutional investor confidence in the IPO. For Accord Transformer & Switchgear IPO, the QIB category subscription stands at 153.01 times.
Non-Institutional Investors are high net-worth individuals and corporate entities investing above ₹2 lakh. The NII category is subdivided into bNII (bids above ₹10 lakh) and sNII (bids between ₹2 lakh and ₹10 lakh) to provide detailed insights into subscription patterns. For Accord Transformer & Switchgear IPO, bNII subscription is 709.68 times, while sNII subscription is 398.70 times.
Retail Individual Investors can apply for shares up to ₹2 lakh in an IPO. Retail subscription is often the most closely watched metric as it reflects the interest of small investors. For Accord Transformer & Switchgear IPO, retail subscription is 367.59 times. Higher retail subscription typically indicates strong retail investor interest and may impact allotment probability.
The Accord Transformer & Switchgear IPO has a price band of ₹43 to ₹46 per share, with a lot size of 3,000 shares. Retail investors can apply with a minimum investment of ₹129,000 (at lower price) or ₹138,000 (at upper price).