Accord Transformer & Switchgear IPO Details
Accord Transformer & Switchgear
Offer Price₹46 Lot Size3,000 Listing Price ₹50 (8.7% ▲) Subscription357.37x Offer TimeFed 23 to Fed 25
Listed
Check Allotment Status Accord Transformer & Switchgear IPO Deatils : GMP, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
Ipo Details
| IPO Detail | Information |
|---|
| IPO Date | 23 to 25 Feb, 2026 |
| Listing Date | Mon, Mar 2, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹43 to ₹46 |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 55,62,000 shares (₹26 Cr) |
| Reserved for Market Maker | 2,82,000 shares (₹1 Cr) – Giriraj Stock Broking Pvt. Ltd. |
| Net Offered to Public | 52,80,000 shares (₹24 Cr) |
| Pre Issue Holding | 1,50,11,289 shares |
| Post Issue Holding | 2,05,73,289 shares |
Subscription
| Anchor | 1.00x |
| QIB | 153.01x |
| NII | 606.02x |
| bNII | 709.68x |
| sNII | 398.70x |
| Retail | 367.59x |
| Individual | 367.59x |
| Total | 357.37x |
Important Date
| Event | Date |
|---|
| IPO Open | Mon, Feb 23, 2026 |
| IPO Close | Wed, Feb 25, 2026 |
| Allotment | Thu, Feb 26, 2026 |
| Refund | Fri, Feb 27, 2026 |
| Credit of Shares | Fri, Feb 27, 2026 |
| Listing | Mon, Mar 2, 2026 |
Day Wise Gmp
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 01-03-2026 | ₹46.00 | ₹4.00 — | 357.37 | ₹50.00 | ₹12000.00 | 23:48 |
| 28-02-2026 | ₹46.00 | ₹4.00 ▼ | 357.37 | ₹50.00 | ₹12000.00 | 23:51 |
| 27-02-2026 | ₹46.00 | ₹16.00 — | 357.37 | ₹62.00 | ₹48000.00 | 23:47 |
| 26-02-2026 | ₹46.00 | ₹16.00 — | 357.37 | ₹62.00 | ₹48000.00 | 23:51 |
| 25-02-2026 | ₹46.00 | ₹16.00 ▲ | 357.37 | ₹62.00 | ₹48000.00 | 23:57 |
| 24-02-2026 | ₹3000.00 | ₹13.00 — | 40.78 | ₹3013.00 | ₹598.00 | 23:59 |
| 23-02-2026 | ₹3000.00 | ₹13.00 ▼ | 10.55 | ₹3013.00 | ₹598.00 | 23:42 |
| 22-02-2026 | ₹3000.00 | ₹17.00 — | 0.00 | ₹3017.00 | ₹782.00 | 23:43 |
Day Wise Subscribe
| Date | Anchor | QIB | NII | BNII | SNII | Total |
| 25 Feb | 1x | 153.01x | 606.02x | 709.68x | 398.7x | 357.37x |
| 24 Feb | 1x | 1.08x | 49.47x | 50.73x | 46.93x | 40.78x |
| 23 Feb | 1x | 0.02x | 11.27x | 11.86x | 10.09x | 10.55x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
|---|
| Retail (Min) | 2 | 6,000 | ₹2,76,000 |
| Retail (Max) | 2 | 6,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 9,000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 21,000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 24,000 | ₹11,04,000 |
Ipo Reservation
| Category | Shares Offered |
|---|
| QIB Shares Offered | 26,40,000 (47.46%) |
| – Anchor Investor | 15,84,000 (28.48%) |
| – QIB (Ex Anchor) | 10,56,000 (18.99%) |
| NII (HNI) | 7,92,000 (14.24%) |
| – bNII > ₹10L | 5,28,000 (9.49%) |
| – sNII < ₹10L | 2,64,000 (4.75%) |
| Retail Shares | 18,48,000 (33.23%) |
| Total Shares | 55,62,000 (100%) |
About Company
| Section | Details |
| Company Overview | Incorporated in 2014, Accord Transformer & Switchgear Ltd. is engaged in design, engineering, manufacturing, and supply of diversified electrical power and distribution equipment. |
| Industry Presence | Serves sectors including power transmission & distribution, renewable energy, industrial applications, infrastructure projects, and EV charging networks. |
| Product Portfolio | 1. Transformers
2. Control Panels & Switchgear |
| Manufacturing Facilities | Two manufacturing units located in Bhiwadi, Rajasthan, with registered office in Manesar, Haryana. Equipped with plasma cutting systems, foil winding machines, shot blasting & painting booths, and in-house testing labs. |
| Employee Strength | As of December 31, 2025, the company had 114 permanent employees. |
Objective of Ipo
| # | Issue Objects | Estimated Amount (₹ Cr) |
| 1 | Capital expenditure towards purchase of machinery and equipment | 13.03 |
| 2 | Funding of working capital requirements | 10.00 |
| 3 | General corporate purposes | - |
| Total | | 23.03 |
Financial Report
| Ratio | Value |
|---|
| ROE | 12.07% |
| ROCE | 14.52% |
| Debt/Equity | 0.18 |
| RoNW | 11.91% |
| PAT Margin | 6.44% |
| EBITDA Margin | 10.19% |
| Price to Book Value | 2.82 |
