Accord Transformer & Switchgear
02 Mar '26SME
Min. Investment
₹2,58,000
Issue size
₹25.59 Cr
GMP
Locked
Overall subscription: 322.08x
Check allotment status
Expert verdict
IPO dates
23 Feb
Opening
25 Feb
Closing
26 Feb
Allotment
02 Mar
Listing
*Refunds will be initiated on 27 Feb '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6000 | ₹2,76,000 |
Subscription (as on 30 March 2026, 06:30 PM)
Overall322.08x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2014|MD: Mr. Pradeep Kumar Verma
- Accord Transformer & Switchgear is engaged in the design, engineering, manufacturing, and supply of electrical power and distribution transformers and related equipment. The company caters to standard and customised requirements across the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle charging networks. Its product portfolio includes distribution transformers, power transformers, dry-type transformers, package substations, and special-purpose transformers. It also manufactures low-voltage control panels, medium-voltage and vacuum circuit breaker panels, busducts, cable trays, and associated switchgear assemblies.
- The company operates two manufacturing facilities in Bhiwadi, Rajasthan, along with a registered office in Manesar, Haryana.
Issue Details & Objective
Lot size
3000 Shares
Price band
₹43 to 46
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.48%
QIB - 18.99%
HNI - 14.24%
Retail - 33.23%
Download DRHP (IPO Doc)FAQs
Should I apply for the Accord Transformer & Switchgear IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Accord Transformer & Switchgear IPO?
The issue size of Accord Transformer & Switchgear IPO is ₹25.59 Cr
What are the open and close dates for Accord Transformer & Switchgear IPO?
The Accord Transformer & Switchgear IPO will be open for applications from 23 Feb '26 to 25 Feb '26
What is the lot size and minimum order quantity of Accord Transformer & Switchgear IPO?
The lot size of Accord Transformer & Switchgear IPO is 3000 Shares and its minimum investment amount is ₹2,58,000.
What is the GMP value of Accord Transformer & Switchgear IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Accord Transformer & Switchgear IPO is 28.26
