{"id":62283,"date":"2026-02-19T15:54:15","date_gmt":"2026-02-19T10:24:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=62283"},"modified":"2026-02-19T15:54:17","modified_gmt":"2026-02-19T10:24:17","slug":"accord-transformer-switchgear-ipo-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/","title":{"rendered":"Accord Transformer &#038; Switchgear IPO Review 2026: GMP Rises 21.74%, Key Investor Insights"},"content":{"rendered":"<p><strong>Accord Transformer &amp; Switchgear IPO<\/strong> is open for bidding from 23rd February 2026 to 25th February 2026. It is a bookbuilding IPO of \u20b925.59 crore, comprising an entirely fresh issue of 0.56 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 2nd March 2026.&nbsp;<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_IPO_Details\" title=\"Accord Transformer &amp; Switchgear IPO Details&nbsp;\">Accord Transformer &amp; Switchgear IPO Details&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_IPO_Share_Reservation\" title=\"Accord Transformer &amp; Switchgear IPO Share Reservation\">Accord Transformer &amp; Switchgear IPO Share Reservation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_IPO_GMP_Grey_Market_Premium\" title=\"Accord Transformer &amp; Switchgear IPO GMP Grey Market Premium\">Accord Transformer &amp; Switchgear IPO GMP Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_IPO_GMP_Review\" title=\"Accord Transformer &amp; Switchgear IPO GMP Review\">Accord Transformer &amp; Switchgear IPO GMP Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Financial_Health\" title=\"Financial Health\">Financial Health<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Technical_Analysis\" title=\"Technical Analysis\">Technical Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_IPO_Subscription_Status\" title=\"Accord Transformer &amp; Switchgear IPO Subscription Status\">Accord Transformer &amp; Switchgear IPO Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#About_Accord_Transformer_Switchgear_Limited\" title=\"About Accord Transformer &amp; Switchgear Limited\">About Accord Transformer &amp; Switchgear Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_Limited_Financials\" title=\"Accord Transformer &amp; Switchgear Limited Financials\">Accord Transformer &amp; Switchgear Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Accord_Transformer_Switchgear_Limited_IPO_Promoter_Holdings\" title=\"Accord Transformer &amp; Switchgear Limited IPO Promoter Holdings\">Accord Transformer &amp; Switchgear Limited IPO Promoter Holdings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Aim_of_the_Accord_Transformer_Switchgear_IPO\" title=\"Aim of the Accord Transformer &amp; Switchgear IPO\">Aim of the Accord Transformer &amp; Switchgear IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Should_I_Invest_in_the_Accord_Transformer_Switchgear_IPO\" title=\"Should I Invest in the Accord Transformer &amp; Switchgear IPO?\">Should I Invest in the Accord Transformer &amp; Switchgear IPO?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Pros_of_the_Accord_Transformer_Switchgear_IPO\" title=\"Pros of the Accord Transformer &amp; Switchgear IPO\">Pros of the Accord Transformer &amp; Switchgear IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Cons_of_the_Accord_Transformer_Switchgear_IPO\" title=\"Cons of the Accord Transformer &amp; Switchgear IPO\">Cons of the Accord Transformer &amp; Switchgear IPO<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#How_to_Apply_for_the_Accord_Transformer_Switchgear_IPO\" title=\"How to Apply for the Accord Transformer &amp; Switchgear IPO?\">How to Apply for the Accord Transformer &amp; Switchgear IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#How_to_Check_the_Accord_Transformer_Switchgear_IPO_Allotment_Status\" title=\"How to Check the Accord Transformer &amp; Switchgear IPO Allotment Status?\">How to Check the Accord Transformer &amp; Switchgear IPO Allotment Status?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Check_On_BSE\" title=\"Check On BSE\">Check On BSE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Check_On_the_Registrar_Portal\" title=\"Check On the Registrar Portal\">Check On the Registrar Portal<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Lets_Wrap\" title=\"Let\u2019s Wrap\">Let\u2019s Wrap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#FAQs_on_Accord_Transformer_Switchgear_IPO\" title=\"FAQs on Accord Transformer &amp; Switchgear IPO\">FAQs on Accord Transformer &amp; Switchgear IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#How_is_the_Accord_Transformer_Switchgear_IPO\" title=\"How is the Accord Transformer &amp; Switchgear IPO?\">How is the Accord Transformer &amp; Switchgear IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#What_is_the_Accord_Transformer_Switchgear_IPO_price\" title=\"What is the Accord Transformer &amp; Switchgear IPO price?\">What is the Accord Transformer &amp; Switchgear IPO price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Is_the_Accord_Transformer_Switchgear_IPO_a_good_investment\" title=\"Is the Accord Transformer &amp; Switchgear IPO a good investment?\">Is the Accord Transformer &amp; Switchgear IPO a good investment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Who_is_the_registrar_of_the_Accord_Transformer_Switchgear_IPO\" title=\"Who is the registrar of the Accord Transformer &amp; Switchgear IPO?\">Who is the registrar of the Accord Transformer &amp; Switchgear IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#What_is_the_issue_size_of_the_Accord_Transformer_Switchgear_IPO\" title=\"What is the issue size of the Accord Transformer &amp; Switchgear IPO?&nbsp;\">What is the issue size of the Accord Transformer &amp; Switchgear IPO?&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/accord-transformer-switchgear-ipo-review\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_IPO_Details\"><\/span><strong>Accord Transformer &amp; Switchgear IPO Details<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2><p>The <strong>Accord Transformer &amp; Switchgear IPO<\/strong> date is fixed between 23rd February 2026 to 25th February 2026. The face value of Accord Transformer &amp; Switchgear shares stands at \u20b910 per share, and the IPO Issue price band is set at \u20b943 to \u20b946 per share<\/p><p>Kfin Technologies Limited is the registrar of the <strong>Accord Transformer &amp; Switchgear IPO <\/strong>and is responsible for managing the allotment process and initiating refunds. Check out the latest <a href=\"https:\/\/univest.in\/blogs\/what-is-an-ipo\">IPO<\/a> details in the table below.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>26th February 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>23rd January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>25th February 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>27th February 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>55,62,000 shares(agg. up to \u20b926 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>3,000 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b943 to \u20b946 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>2nd March 2026<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_IPO_Share_Reservation\"><\/span><strong>Accord Transformer &amp; Switchgear IPO Share Reservation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Riddhi Display Equipment&#8217;s IPO <\/strong>is a bookbuilding issue of 0.56 crore shares, worth \u20b925.59 crore. Accord Transformer &amp; Switchgear IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Investor Categories<\/strong><\/td><td><strong>Shares Offered&nbsp;<\/strong><\/td><td><strong>Shares Percentage<\/strong><\/td><\/tr><tr><td><strong>Market Maker Shares Offered&nbsp;<\/strong><\/td><td>2,82,000<\/td><td>5.07%<\/td><\/tr><tr><td><strong>QIB Shares Offered&nbsp;<\/strong><\/td><td>26,40,000<\/td><td>47.46%<\/td><\/tr><tr><td><strong>NII (HNI) Shares Offered<\/strong><\/td><td>7,92,000<\/td><td>14.24%<\/td><\/tr><tr><td><strong>Retail Shares Offered<\/strong><\/td><td>18,48,000<\/td><td>33.23%<\/td><\/tr><tr><td><strong>Total Shares Offered<\/strong><\/td><td>55,62,000<\/td><td>100.00%<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_IPO_GMP_Grey_Market_Premium\"><\/span><strong>Accord Transformer &amp; Switchgear IPO GMP Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the <strong>Accord Transformer &amp; Switchgear IPO<\/strong>? If yes, then you\u2019ve reached the right spot. Check the table below to learn about the GMP trends.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP DATE<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP Price<\/strong><\/td><td><strong>Estimated Listing Price<\/strong><\/td><td><strong>Estimated Gain<\/strong><\/td><\/tr><tr><td><strong>25-2-2026<\/strong><\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><\/tr><tr><td><strong>24-2-2026<\/strong><\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><\/tr><tr><td><strong>23-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b910.00<\/td><td>\u20b956.00<\/td><td>21.74%<\/td><\/tr><tr><td><strong>22-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b910.00<\/td><td>\u20b956.00<\/td><td>21.74%<\/td><\/tr><tr><td><strong>21-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b910.00<\/td><td>\u20b956.00<\/td><td>21.74%<\/td><\/tr><tr><td><strong>20-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b910.00<\/td><td>\u20b956.00<\/td><td>21.74%<\/td><\/tr><tr><td><strong>19-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b910.00<\/td><td>\u20b956.00<\/td><td>21.74%<\/td><\/tr><tr><td><strong>18-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b912.00<\/td><td>\u20b958.00<\/td><td>26.09%<\/td><\/tr><tr><td><strong>17-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b98.00<\/td><td>\u20b954.00<\/td><td>26.09%<\/td><\/tr><tr><td><strong>16-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b98.00<\/td><td>\u20b954.00<\/td><td>26.09%<\/td><\/tr><tr><td><strong>15-2-2026<\/strong><\/td><td>\u20b946.00<\/td><td>\u20b98.00<\/td><td>\u20b954.00<\/td><td>26.09%<\/td><\/tr><\/tbody><\/table><\/figure><p>As of 23rd February 2026, <strong>Accord Transformer &amp; Switchgear IPO GMP<\/strong> stands at \u20b910.00 per share, which means the share will likely list at \u20b956.00 on its tentative listing date, 2nd March 2026.<\/p><p>GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the <strong>Accord Transformer &amp; Switchgear IPO GMP<\/strong>. Stay informed with Univest for real-time insights into IPOs and their GMP trends.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_IPO_GMP_Review\"><\/span><strong>Accord Transformer &amp; Switchgear IPO GMP Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-1024x536.png\" alt=\"Accord Transformer &amp; Switchgear IPO GMP Review\n\" class=\"wp-image-62298\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-1024x536.png 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-300x157.png 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-768x402.png 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-900x471.png 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-600x314.png 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-150x79.png 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Check out the detailed <strong>Accord Transformer &amp; Switchgear GMP IPO <\/strong>review<strong> <\/strong>for a thorough understanding of its potential to report listing gains on 2nd March 2026. The Accord Transformer &amp; Switchgear IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Health\"><\/span><strong>Financial Health<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Assess a company&#8217;s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business&#8217;s economic growth and decline before applying for the Accord Transformer &amp; Switchgear IPO.<\/p><p>Accord Transformer &amp; Switchgear Limited&#8217;s revenue increased by 62.96% from \u20b948.60 crores in March 2024 to \u20b979.20 crores in March 2025. Moreover, the company&#8217;s PAT increased by 275.77% from \u20b91.61 crores in March 2024 to \u20b96.05 crores in March 2025.<\/p><p>Accord Transformer &amp; Switchgear&#8217;s IPO has shown consistent revenue growth, indicating the company&#8217;s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Accord Transformer &amp; Switchgear IPO, with its tentative listing day set for 2nd March 2026.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Analysis\"><\/span><strong>Technical Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Several technical indicators are available to assess a company&#8217;s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the <strong>Accord Transformer &amp; Switchgear IPO<\/strong>.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td>11.41<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>4.03<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>11.91%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-capital-employed\"><strong>ROCE<\/strong><\/a><\/td><td>14.52%<\/td><\/tr><tr><td><strong>ROE<\/strong><\/td><td>12.67%<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>10.19%<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>2.82<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b994.64<\/td><\/tr><\/tbody><\/table><\/figure><p>The P\/E ratio of Accord Transformer &amp; Switchgear Limited shares is 11.41, and its Earnings Per Share (EPS) stands at 4.03. Thus, the <strong>Accord Transformer &amp; Switchgear IPO<\/strong> can deliver gains on its tentative listing date, 2nd March 2026.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Accord Transformer &amp; Switchgear Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><strong>PE Ratio<\/strong><\/td><td>11.41<\/td><td>15.63<\/td><\/tr><tr><td><strong>EPS&nbsp;<\/strong><\/td><td>4.03<\/td><td>2.94<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_IPO_Subscription_Status\"><\/span><strong>Accord Transformer &amp; Switchgear IPO Subscription Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>The Accord Transformer &amp; Switchgear IPO<\/strong> will open for bidding on 23rd February 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Accord Transformer &amp; Switchgear IPO Subscription Status.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Investor Categories<\/strong><\/td><td><strong>Shares Offered&nbsp;<\/strong><\/td><td><strong>Shares Percentage<\/strong><\/td><td><strong>Shares Subscribed<\/strong><\/td><td><strong>Subscription to the Times<\/strong><\/td><\/tr><tr><td><strong>Market Maker Shares Offered&nbsp;<\/strong><\/td><td>2,82,000<\/td><td>5.07%<\/td><td>Yet to be announced<\/td><td>Yet to be announced<\/td><\/tr><tr><td><strong>QIB Shares Offered&nbsp;<\/strong><\/td><td>26,40,000<\/td><td>47.46%<\/td><td>Yet to be announced<\/td><td>Yet to be announced<\/td><\/tr><tr><td><strong>NII (HNI) Shares Offered<\/strong><\/td><td>7,92,000<\/td><td>14.24%<\/td><td>Yet to be announced<\/td><td>Yet to be announced<\/td><\/tr><tr><td><strong>Retail Shares Offered<\/strong><\/td><td>18,48,000<\/td><td>33.23%<\/td><td>Yet to be announced<\/td><td>Yet to be announced<\/td><\/tr><tr><td><strong>Total Shares Offered<\/strong><\/td><td>55,62,000<\/td><td>100.00%<\/td><td>Yet to be announced<\/td><td>Yet to be announced<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Accord_Transformer_Switchgear_Limited\"><\/span><strong>About Accord Transformer &amp; Switchgear Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-1024x536.png\" alt=\"Accord Transformer &amp; Switchgear Limited\n\" class=\"wp-image-62300\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-1024x536.png 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-300x157.png 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-768x402.png 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-900x471.png 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-600x314.png 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-150x79.png 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Accord Transformer &amp; Switchgear Ltd. was formed in 2014 and is a well-established firm that deals with the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment. The firm has more than 10 years of experience in meeting the standard as well as customised demands of clients in the power transmission and distribution, renewable energy, industrial, infrastructure development, and electric vehicle charging station sectors.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_Limited_Financials\"><\/span><strong>Accord Transformer &amp; Switchgear Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> Accord Transformer &amp; Switchgear IPO. <\/strong>See the table for Accord Transformer &amp; Switchgear Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>31st Dec 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>41.02<\/td><td>59.89<\/td><td>26.46<\/td><td>15.82<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>45.29<\/td><td>79.20<\/td><td>48.60<\/td><td>40.81<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>2.91<\/td><td>6.05<\/td><td>1.61<\/td><td>0.87<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>4.62<\/td><td>9.10<\/td><td>2.67<\/td><td>1.54<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>24.45<\/td><td>21.54<\/td><td>6.04<\/td><td>4.43<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>9.44<\/td><td>21.25<\/td><td>5.79<\/td><td>4.18<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>4.37<\/td><td>11.81<\/td><td>9.13<\/td><td>2.30<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Accord Transformer &amp; Switchgear Limited&#8217;s revenue increased by 62.96% from \u20b948.60 crores in March 2024 to \u20b979.20 crores in March 2025. Moreover, the company&#8217;s PAT increased by 275.77% from \u20b91.61 crores in March 2024 to \u20b96.05 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accord_Transformer_Switchgear_Limited_IPO_Promoter_Holdings\"><\/span><strong>Accord Transformer &amp; Switchgear Limited IPO Promoter Holdings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Shareholding Pre-Issue<\/strong><\/td><td>84.94%<\/td><\/tr><tr><td><strong>Shareholding Post-Issue<\/strong><\/td><td>61.98%<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Note<\/em><\/strong><em>: <\/em><em>The value will be calculated using Equity Dilution = Share Holding Pre Issue &#8211; Share Holding Post Issue<\/em><em>.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Aim_of_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>Aim of the Accord Transformer &amp; Switchgear IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the <strong>Accord Transformer &amp; Switchgear IPO<\/strong> is to raise \u20b925.59 crores. On the other hand, Fractal Analytics has decided to utilise these funds in different ways.<\/p><ul class=\"wp-block-list\"><li>To Capital expenditure towards the purchase of machinery and equipment<\/li>\n\n<li>To the funding of working capital requirements<\/li>\n\n<li>To General Corporate Purposes<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Should_I_Invest_in_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>Should I Invest in the Accord Transformer &amp; Switchgear IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Explore the pros and cons of the Accord Transformer &amp; Switchgear to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO\u2019s efficiency in delivering profits over the coming decades.&nbsp;<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros_of_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong><\/strong><strong>Pros of the Accord Transformer &amp; Switchgear IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ul class=\"wp-block-list\"><li>The company has strong recent financial growth.<\/li>\n\n<li>The company has niche manufacturing &amp; a diversified product range.<\/li>\n\n<li>The Company&#8217;s Use of IPO Proceeds for Growth<\/li><\/ul><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cons_of_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>Cons of the Accord Transformer &amp; Switchgear IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ul class=\"wp-block-list\"><li>The company has an SME IPO &amp; liquidity limitations.<\/li>\n\n<li>The company is Customer &amp; Revenue Concentration<\/li>\n\n<li>The company has leased premises &amp; operational risk.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>How to Apply for the Accord Transformer &amp; Switchgear IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-1024x536.png\" alt=\"Apply for the Accord Transformer &amp; Switchgear IPO\n\" class=\"wp-image-62301\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-1024x536.png 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-300x157.png 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-768x402.png 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-900x471.png 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-600x314.png 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-150x79.png 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Check the steps mentioned below to apply for Accord Transformer &amp; Switchgear Ltd.<\/p><ul class=\"wp-block-list\"><li><strong>Step 1<\/strong>: Conduct thorough research on the Accord Transformer &amp; Switchgear IPO GMP, subscription status, issue size, lot size, and other details.\u00a0<\/li>\n\n<li><strong>Step 2<\/strong>: Open a <a href=\"https:\/\/univest.in\/blogs\/demat-account\"><strong>demat account <\/strong><\/a>with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.\u00a0<\/li>\n\n<li><strong>Step 3: <\/strong>Make a bid for 2 lots of 6,000 shares worth \u20b92,76,000.<\/li>\n\n<li><strong>Step 4<\/strong>: You will receive a mandate request after making a bid. Approve the request to proceed further.\u00a0\u00a0\u00a0\u00a0<\/li><\/ul><p><strong><em>Note<\/em><\/strong><em>: You can apply for the Accord Transformer &amp; Switchgear IPO across multiple demat accounts to increase your chances of allotment.&nbsp;<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Check_the_Accord_Transformer_Switchgear_IPO_Allotment_Status\"><\/span><strong>How to Check the Accord Transformer &amp; Switchgear IPO Allotment Status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>You can check for the Accord Transformer &amp; Switchgear IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Check_On_BSE\"><\/span><strong><\/strong><strong>Check On BSE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ul class=\"wp-block-list\"><li>Visit the <a href=\"https:\/\/www.bseindia.com\/?\" rel=\"nofollow noopener\" target=\"_blank\">BSE Official Site<\/a><\/li>\n\n<li>Navigate to the IPO Allotment Section.\u00a0<\/li>\n\n<li>Select Equity as the issue type.\u00a0<\/li>\n\n<li>Choose the Accord Transformer &amp; Switchgear <strong>IPO<\/strong>.\u00a0\u00a0<\/li>\n\n<li>Choose whether to proceed with the PAN number or the application number.<\/li>\n\n<li>Submit your details to get the allotment status online.\u00a0<\/li><\/ul><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Check_On_the_Registrar_Portal\"><\/span><strong><\/strong><strong>Check On the Registrar Portal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ul class=\"wp-block-list\"><li>Visit the <a href=\"https:\/\/ipostatus.kfintech.com\/\" rel=\"nofollow noopener\" target=\"_blank\">registrar portal.<\/a><\/li>\n\n<li>Click on the allotment option.<\/li>\n\n<li>Fill in the required details.<\/li>\n\n<li>Click on the submit button to know your<strong> Accord Transformer &amp; Switchgear IPO<\/strong> allotment status.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lets_Wrap\"><\/span><strong>Let\u2019s Wrap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Accord Transformer &amp; Switchgear IPO <\/strong>is a bookbuilding issue of shares worth \u20b925.59 crores. The shares of Accord Transformer &amp; Switchgear Limited will be listed on BSE and SME on its tentative listing date of 2nd March 2026. Researching the Accord Transformer &amp; Switchgear IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.<\/p><p><strong><em>Open a demat account on Univest now to initiate your investment journey!<\/em><\/strong><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Accord_Transformer_Switchgear_IPO\"><\/span><strong>FAQs on Accord Transformer &amp; Switchgear IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_is_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>How is the Accord Transformer &amp; Switchgear IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans. Currently, on 23rd February 2026, the <strong>Accord Transformer &amp; Switchgear GMP<\/strong> (Grey Market Premium) stands at \u20b910. It indicates that the estimated listing price could be \u20b956.00 per share. It is a bookbuilding IPO of \u20b925.59 shares. The face value of each Accord Transformer &amp; Switchgear share is \u20b910 per share.&nbsp;<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Accord_Transformer_Switchgear_IPO_price\"><\/span><strong>What is the Accord Transformer &amp; Switchgear IPO price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans. The <strong>Accord Transformer &amp; Switchgear IPO<\/strong> issue price band is set at \u20b943 to \u20b946 per share.&nbsp;<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_the_Accord_Transformer_Switchgear_IPO_a_good_investment\"><\/span><strong>Is the Accord Transformer &amp; Switchgear IPO a good investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans. Accord Transformer &amp; Switchgear Limited&#8217;s revenue increased by 62.96% from \u20b948.60 crores in March 2024 to \u20b979.20 crores in March 2025. Moreover, the company&#8217;s PAT increased by 275.77% from \u20b91.61 crores in March 2024 to \u20b96.05 crores in March 2025.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>Who is the registrar of the Accord Transformer &amp; Switchgear IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans. Kfin Technologies Limited is the registrar for the Accord Transformer &amp; Switchgear IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Accord Transformer &amp; Switchgear allotment and refund, you can contact Kfin Technologies Limited at <a href=\"mailto:accord.ipo@kfintech.com\">accord.ipo@kfintech.com<\/a> or at 04067162222, 04079611000.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_size_of_the_Accord_Transformer_Switchgear_IPO\"><\/span><strong>What is the issue size of the Accord Transformer &amp; Switchgear IPO?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans. <strong>Accord Transformer &amp; Switchgear IPO<\/strong> is a bookbuilding IPO of \u20b925.59 crores. Moreover, the IPO is set to open on 23rd February 2026 and close on 25th February 2026.&nbsp;<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Accord Transformer &amp; Switchgear IPO, download the Accord Transformer &amp; Switchgear IPO RHP and Accord Transformer &amp; Switchgear IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/fractal-industries-ipo-gmp-subscription-day-3\">Fractal Industries IPO Day 3: Subscription at 2.60x, GMP Flat | Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/yashhtej-industries-ipo-gmp-subscription-day-1\">Yashhtej Industries IPO Day 1: Subscription at 0.05x, GMP Rises 20.91% | Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/fractal-industries-ipo-allotment-status-2-96x-subscribed-gmp-flat-check-online\">Fractal Industries IPO Allotment Status: 2.96x Subscribed, GMP Flat \u2014 Check Online<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/tata-penny-stocks-list\">Tata Penny Stocks List For 2026<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Accord Transformer &amp; Switchgear IPO is open for bidding from 23rd February 2026 to 25th February 2026. It is a bookbuilding IPO of \u20b925.59 crore, comprising an entirely fresh issue of 0.56 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 2nd March 2026.&nbsp; Accord Transformer &amp; Switchgear<\/p>\n","protected":false},"author":28,"featured_media":62297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,1352],"class_list":["post-62283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-gmp"],"metadata":{"_edit_lock":["1771496677:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:12:{s:92:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Accord-Transformer-Switchgear-IPO-Review.png\";a:2:{s:2:\"id\";i:62298;s:11:\"source_type\";s:13:\"media-library\";}s:101:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Accord-Transformer-Switchgear-IPO-Review-1024x536.png\";a:2:{s:2:\"id\";i:62298;s:11:\"source_type\";s:13:\"media-library\";}s:124:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review.png\";a:2:{s:2:\"id\";i:62298;s:11:\"source_type\";s:13:\"media-library\";}s:133:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155041\/Accord-Transformer-Switchgear-IPO-Review-1024x536.png\";a:2:{s:2:\"id\";i:62298;s:11:\"source_type\";s:13:\"media-library\";}s:89:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Accord-Transformer-Switchgear-Limited.png\";a:2:{s:2:\"id\";i:62300;s:11:\"source_type\";s:13:\"media-library\";}s:98:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Accord-Transformer-Switchgear-Limited-1024x536.png\";a:2:{s:2:\"id\";i:62300;s:11:\"source_type\";s:13:\"media-library\";}s:121:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited.png\";a:2:{s:2:\"id\";i:62300;s:11:\"source_type\";s:13:\"media-library\";}s:130:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155148\/Accord-Transformer-Switchgear-Limited-1024x536.png\";a:2:{s:2:\"id\";i:62300;s:11:\"source_type\";s:13:\"media-library\";}s:95:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Apply-For-Accord-Transformer-Switchgear-IPO.png\";a:2:{s:2:\"id\";i:62301;s:11:\"source_type\";s:13:\"media-library\";}s:104:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Apply-For-Accord-Transformer-Switchgear-IPO-1024x536.png\";a:2:{s:2:\"id\";i:62301;s:11:\"source_type\";s:13:\"media-library\";}s:127:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO.png\";a:2:{s:2:\"id\";i:62301;s:11:\"source_type\";s:13:\"media-library\";}s:136:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/19155252\/Apply-For-Accord-Transformer-Switchgear-IPO-1024x536.png\";a:2:{s:2:\"id\";i:62301;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["83"],"rank_math_title":["Accord Transformer &amp; Switchgear IPO Review 2026: GMP Rises 21.74% \u2013 Apply or Avoid?"],"rank_math_description":["Accord Transformer &amp; Switchgear IPO GMP rises 21.74%. 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