Accord Transformer & Switchgear SME IPO Subscription
ListedUpdated 2 March 2026, 9:15 AM IST· BSE SME
Accord Transformer & Switchgear SME IPO subscription closed on 25 February 2026 at 357.45x overall by shares. QIB demand came in at 153.01x, NII at 606.38x, and retail at 367.59x. See Retail, SHNI, and BHNI allotment…
Accord Transformer & Switchgear SME IPO subscription closed on 25 February 2026 at 357.45x overall by shares. QIB demand came in at 153.01x, NII at 606.38x, and retail at 367.59x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 26 February 2026. Listing date on NSE and BSE is 2 March 2026.
Accord Transformer & Switchgear SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Feb 2026 | 0.02x | 11.27x | 16.26x | 10.55x |
| Day 2 - 24 Feb 2026 | 1.08x | 49.47x | 59.74x | 40.78x |
| Day 3 - 25 Feb 2026 | 10.82x | 115.72x | 111.85x | 83.81x |
Accord Transformer & Switchgear SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Accord Transformer & Switchgear SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 367.59x | 1 in 368 |
| SHNI (Rs 2L to Rs 10L) | 379.79x | 1 in 380 |
| BHNI (above Rs 10L) | 257.07x | 1 in 257 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Accord Transformer & Switchgear SME IPO Allotment Status page from 26 February 2026 for your result.
Accord Transformer & Switchgear SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 46.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 4.86 Cr | Rs 743.28 Cr | 153.01x |
| FII | - | Rs 102.38 Cr | - |
| DFI | - | Rs 43.33 Cr | - |
| Mutual Funds | - | Rs 12.21 Cr | - |
| Other | - | Rs 585.35 Cr | - |
| NII | Rs 3.64 Cr | Rs 2,209.16 Cr | 606.38x |
| bNII (above Rs 10L) | Rs 2.43 Cr | Rs 1,724.97 Cr | 710.22x |
| Corporate | - | Rs 23.42 Cr | - |
| Individual | - | Rs 1,687.23 Cr | - |
| Other | - | Rs 14.32 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.21 Cr | Rs 484.19 Cr | 398.70x |
| Corporate | - | Rs 6.57 Cr | - |
| Individual | - | Rs 470.10 Cr | - |
| Other | - | Rs 7.52 Cr | - |
| IND | Rs 8.50 Cr | Rs 3,124.79 Cr | 367.59x |
| Fixed price | - | Rs 3,124.79 Cr | - |
| Total | Rs 17.00 Cr | Rs 6,077.23 Cr | 357.45x |
Accord Transformer & Switchgear SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 352 | 82 | 0.23x |
| FII | - | 15 | - |
| DFI | - | 4 | - |
| Mutual Funds | - | 3 | - |
| Other | - | 60 | - |
| NII | 88 | 26,181 | 297.51x |
| bNII (above Rs 10L) | 59 | 15,167 | 257.07x |
| Corporate | - | 196 | - |
| Individual | - | 14,842 | - |
| Other | - | 129 | - |
| sNII (Rs 2L to Rs 10L) | 29 | 11,014 | 379.79x |
| Corporate | - | 156 | - |
| Individual | - | 10,698 | - |
| Other | - | 160 | - |
| IND | 308 | 1,13,217 | 367.59x |
| Fixed price | - | 1,13,217 | - |
| Total | 748 | 1,39,480 | 186.47x |
What Do These Subscription Numbers Mean?
357.45x overall by shares means bids covered about 357 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 153.01x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (297.51x by applications). Split: SHNI 379.79x, BHNI 257.07x by applications. SHNI and BHNI allotment is by lottery.
At 367.59x subscription by applications, about 1 in 368 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Accord Transformer & Switchgear SME IPO GMP After Subscription
GMP for Accord Transformer & Switchgear SME stands at Rs 4.00 today, giving an estimated listing price of Rs 50.00 per share.
The GMP has been mixed from Rs 8.00 on 17 Feb 2026 to Rs 8.00 on 26 Feb 2026.
A subscription of 357.45x combined with a GMP of 8.70% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Accord Transformer & Switchgear SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Accord Transformer & Switchgear SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 February 2026 |
| IPO Close Date | 25 February 2026 |
| Allotment Date | 26 February 2026 |
| Refund Initiation | 27 February 2026 |
| Share Credit to Demat | 27 February 2026 |
| Listing Date | 2 March 2026 |
| Minimum Investment | Rs 2,76,000.00 |
| Lot Size | 3000 shares |
About Accord Transformer & Switchgear SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Accord Transformer & Switchgear SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Accord Transformer & Switchgear SME Details
Issue size, price, financials, and company info
Accord Transformer & Switchgear SME GMP
Live grey market premium and listing estimate
Accord Transformer & Switchgear SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Accord Transformer & Switchgear SME Allotment
Allotment date, chances, and check by PAN
Accord Transformer & Switchgear SME Review
SWOT, strengths, risks, and IPO review
Accord Transformer & Switchgear SME FAQ
Common questions on dates, GMP, and allotment
Accord Transformer & Switchgear SME Registrar
Registrar website and how to check allotment
Accord Transformer & Switchgear SME Timeline
Open, close, allotment, and listing dates
Accord Transformer & Switchgear SME News
Updates, blogs, and latest IPO news
Accord Transformer & Switchgear SME IPO Subscription FAQs
What is Accord Transformer & Switchgear SME IPO subscription status today?
Accord Transformer & Switchgear SME IPO subscription closed on 25 February 2026 with overall subscription of 357.45x (by shares) as of 24 August 2026, 11:17 PM IST. QIB 153.01x, NII 297.51x, IND 367.59x.
What is the overall subscription of Accord Transformer & Switchgear SME IPO?
Accord Transformer & Switchgear SME IPO is subscribed 357.45x overall by shares at close on 25 February 2026. QIB 153.01x, NII 297.51x, and IND 367.59x.
What is Accord Transformer & Switchgear SME IPO QIB subscription?
Accord Transformer & Switchgear SME IPO QIB (Qualified Institutional Buyers) subscription is 153.01x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Accord Transformer & Switchgear SME IPO IND subscription?
Accord Transformer & Switchgear SME IPO IND subscription is 367.59x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Accord Transformer & Switchgear SME IPO NII, SHNI, and BHNI subscription?
Accord Transformer & Switchgear SME IPO NII subscription is 297.51x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 379.79x and BHNI (above Rs 10L) at 257.07x.
What are Accord Transformer & Switchgear SME IPO retail allotment chances?
At 367.59x subscription by applications, about 1 in 368 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Accord Transformer & Switchgear SME IPO SHNI allotment chances?
At 379.79x subscription by applications, about 1 in 380 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 398.70x. Allotment chances use applications, not share volume.
What are Accord Transformer & Switchgear SME IPO BHNI allotment chances?
At 257.07x subscription by applications, about 1 in 257 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 710.22x. Allotment chances use applications, not share volume.
When is Accord Transformer & Switchgear SME IPO allotment date?
Accord Transformer & Switchgear SME IPO allotment date is 26 February 2026. Check Accord Transformer & Switchgear SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Accord Transformer & Switchgear SME IPO subscription close?
Accord Transformer & Switchgear SME IPO subscription closed on 25 February 2026. No new applications are accepted after the close.
What is Accord Transformer & Switchgear SME IPO GMP today?
Accord Transformer & Switchgear SME IPO GMP is ₹4 today (+8.70% over issue price ₹46). See live GMP on the Accord Transformer & Switchgear SME IPO GMP Today page.
What is Accord Transformer & Switchgear SME IPO issue price and lot size?
Accord Transformer & Switchgear SME IPO issue price is ₹46 per share. Lot size is 3000 shares. Minimum investment is ₹2,76,000 per lot (minimum 2 lots for SME). Issue size: ₹24.29 Cr.
When is Accord Transformer & Switchgear SME IPO listing date?
Accord Transformer & Switchgear SME IPO listing date is 2 March 2026 on NSE and BSE. Allotment is on 26 February 2026.
How does subscription affect Accord Transformer & Switchgear SME IPO allotment?
In Accord Transformer & Switchgear SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 357.45x overall, competition is very high.
For allotment results from 26 February 2026, visit the Accord Transformer & Switchgear SME IPO Allotment Status page. For listing day updates on 2 March 2026, download the IPOwiz App.
Sources
We match Accord Transformer & Switchgear SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.