Comparison between Accord Transformer & Switchgear IPO and Vision Time India IPO.
Accord Transformer & Switchgear IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vision Time India IPO is a SME Bookbuilding proposed to list at BSE SME.
| Accord Transformer & Switchgear IPO | Vision Time India 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. | Arihant Capital Markets Ltd. |
| Registrar | Kfin Technologies Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | |
| Anchor Investor | Anchor Investor ![]() | |
| 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 Vision Time India IPO is up to ₹0.00 Cr. The final issue price of Accord Transformer & Switchgear IPO is ₹46.00 per share and of Vision Time India IPO is .
| Accord Transformer & Switchgear IPO | Vision Time India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹43.00 per share | |
| Issue Price (Upper) | ₹46.00 per share | |
| Issue Price (Final) | ₹46.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | |
| Fresh Issue Size | 52,80,000 shares | 60,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.29 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 52,80,000 shares | 60,00,000 shares |
| Issue Size Total (Amount) | up to ₹24.29 Cr | up to ₹0.00 Cr |
Accord Transformer & Switchgear IPO opens on Feb 23, 2026, while Vision Time India IPO opens on . The closing date of Accord Transformer & Switchgear IPO and Vision Time India IPO is Feb 25, 2026, and , respectively.
| Accord Transformer & Switchgear IPO | Vision Time India IPO | |
|---|---|---|
| Anchor Bid Date | Feb 20, 2026 | |
| Issue Open | Feb 23, 2026 | |
| Issue Close | Feb 25, 2026 | |
| Basis Of Allotment (Tentative) | Feb 26, 2026 | |
| Initiation of Refunds (Tentative) | Feb 27, 2026 | |
| Credit of Share (Tentative) | Feb 27, 2026 | |
| Listing date (Tentative) | Mar 02, 2026 | |
| Anchor Lockin End date 1 | Mar 27, 2026 | |
| Anchor Lockin End date 2 | May 26, 2026 |
Accord Transformer & Switchgear IPO P/E ratio is 11.41, as compared to Vision Time India IPO P/E ratio of .
| Accord Transformer & Switchgear IPO | Vision Time India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Vision Time India Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 79% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 84.94 | 94.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹94.64 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.90 | 41.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26 | 28.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.55 | 1.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.03 | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.10 | 34.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Accord Transformer & Switchgear IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Vision Time India 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 0 shares in Vision Time India IPO.
| Accord Transformer & Switchgear IPO | Vision Time India IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,84,000 shares | 0 shares |
| Market Maker Reservation | 2,82,000 shares | 0 shares |
| QIB | 10,56,000 shares | 0 shares |
| NII | 7,92,000 shares | 0 shares |
| RII | 18,48,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 52,80,000 shares | 0 shares |
Accord Transformer & Switchgear IPO subscribed 250.16x in total, whereas Vision Time India IPO subscribed .
| Accord Transformer & Switchgear IPO | Vision Time India IPO | |
|---|---|---|
| QIB (times) | 153.01x | |
| NII (times) | 606.02x | |
| Big NII (times) | 709.68x | |
| Small NII (times) | 398.70x | |
| RII (times) | 367.59x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 250.16x |