Comparison between Accord Transformer & Switchgear IPO and Highness Microelectronics IPO.
Accord Transformer & Switchgear IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Highness Microelectronics IPO is a SME Bookbuilding proposed to list at BSE SME.
| Accord Transformer & Switchgear IPO | Highness Microelectronics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Fintellectual Corporate Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Rainbow Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Accord Transformer & Switchgear IPO is up to ₹24.29 Cr whereas the issue size of the Highness Microelectronics IPO is up to ₹20.58 Cr. The final issue price of Accord Transformer & Switchgear IPO is ₹46.00 per share and of Highness Microelectronics IPO is ₹120.00 per share.
| Accord Transformer & Switchgear IPO | Highness Microelectronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹43.00 per share | ₹114.00 per share |
| Issue Price (Upper) | ₹46.00 per share | ₹120.00 per share |
| Issue Price (Final) | ₹46.00 per share | ₹120.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 52,80,000 shares | 15,62,400 shares |
| Fresh Issue Size (Amount) | up to ₹24.29 Cr | up to ₹18.75 Cr |
| OFS Issue Size | 0 shares | 1,52,400 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1.83 Cr |
| Issue Size Total | 52,80,000 shares | 17,14,800 shares |
| Issue Size Total (Amount) | up to ₹24.29 Cr | up to ₹20.58 Cr |
Accord Transformer & Switchgear IPO opens on Feb 23, 2026, while Highness Microelectronics IPO opens on Mar 24, 2026. The closing date of Accord Transformer & Switchgear IPO and Highness Microelectronics IPO is Feb 25, 2026, and Mar 27, 2026, respectively.
| Accord Transformer & Switchgear IPO | Highness Microelectronics IPO | |
|---|---|---|
| Anchor Bid Date | Feb 20, 2026 | Mar 23, 2026 |
| Issue Open | Feb 23, 2026 | Mar 24, 2026 |
| Issue Close | Feb 25, 2026 | Mar 27, 2026 |
| Basis Of Allotment (Tentative) | Feb 26, 2026 | Mar 30, 2026 |
| Initiation of Refunds (Tentative) | Feb 27, 2026 | Apr 01, 2026 |
| Credit of Share (Tentative) | Feb 27, 2026 | Apr 01, 2026 |
| Listing date (Tentative) | Mar 02, 2026 | Apr 02, 2026 |
| Anchor Lockin End date 1 | Mar 27, 2026 | May 01, 2026 |
| Anchor Lockin End date 2 | May 26, 2026 | Jun 30, 2026 |
Accord Transformer & Switchgear IPO P/E ratio is 11.41, as compared to Highness Microelectronics IPO P/E ratio of 16.7.
| Accord Transformer & Switchgear IPO | Highness Microelectronics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 84.94 | 99.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.98 | 64.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.41 | 16.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹94.64 Cr. | ₹61.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.90 | 47.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26 | 42.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.55 | 0.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.03 | ₹7.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.10 | 47.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Accord Transformer & Switchgear IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Highness Microelectronics IPO retail investors are offered 18,48,000 shares. Qualified Institutional Buyers (QIB) are offered 10,56,000 shares in Accord Transformer & Switchgear IPO and 3,42,000 shares in Highness Microelectronics IPO.
| Accord Transformer & Switchgear IPO | Highness Microelectronics IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,84,000 shares | 5,11,200 shares |
| Market Maker Reservation | 2,82,000 shares | 91,200 shares |
| QIB | 10,56,000 shares | 3,42,000 shares |
| NII | 7,92,000 shares | 2,59,200 shares |
| RII | 18,48,000 shares | 6,02,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 52,80,000 shares | 17,14,800 shares |
Accord Transformer & Switchgear IPO subscribed 250.16x in total, whereas Highness Microelectronics IPO subscribed 136.11x.
| Accord Transformer & Switchgear IPO | Highness Microelectronics IPO | |
|---|---|---|
| QIB (times) | 153.01x | 81.95x |
| NII (times) | 606.02x | 362.12x |
| Big NII (times) | 709.68x | 437.22x |
| Small NII (times) | 398.70x | 211.92x |
| RII (times) | 367.59x | 185.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 250.16x | 136.11x |
