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Accord Transformer & Switchgear Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.46.00
Issue Size:
Rs.25.59 Cr
Lot Size:
3000 shares
Open Date:
February 23
Accord Transformer & Switchgear Ltd. IPO Overview
Bidding Dates
February 23 - February 25
Min Investment
₹138,000
Price Range
₹46.00
Issue Size
₹25.59 Cr
IPO DRHP Doc
Not Available
Company Overview
Accord Transformer & Switchgear Ltd., established in 2014, specializes in designing, manufacturing, and supplying electrical power and distribution equipment. With over 10 years of experience, it serves various sectors including power transmission, renewable energy, and electric vehicle charging networks. The company offers a wide range of products, including transformers and control panels. It operates two manufacturing facilities in Bhiwadi, Rajasthan, equipped with advanced machinery for efficient production and testing. As of December 31, 2025, the company employed 114 permanent staff.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 28.57% | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 21.43% | Oversubscribed |
| RII (Retail Individual Investors) | 50.00% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
Rs.4
Est. Listing:
Rs.50
Est. Gain:
+8.7%
Star Rating:
★★★★★(2/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- High revenue dependence on a limited number of key customers.
- Business exposed to fluctuations in the power and infrastructure sectors.
- Operations reliant on leased manufacturing premises.
- Subject to stringent quality, performance, and warranty obligations.
- Exposure to working capital intensity and sector-driven demand volatility.
IPO Details
IPO Reservation
Share Reservation Distribution
QIB
2,640,000 shares (47.46%)
Retail
1,848,000 shares (33.23%)
Anchor Investors
1,584,000 shares (28.48%)
QIB (Ex-Anchor)
1,056,000 shares (18.99%)
HNI (NII)
792,000 shares (14.24%)
bNII (>₹10L)
528,000 shares (9.49%)
Market Maker
282,000 shares (5.07%)
sNII (<₹10L)
264,000 shares (4.75%)
IPO Subscription Status
Key Dates
Open Date:February 23
Close Date:February 25
Listing Date:March 2
