Bookbuilding IPO | ₹26 Cr | Listed at BSE SME | Mon, Feb 23, 2026 - Wed, Feb 25, 2026
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | 10,56,000 | 15,84,000 | 26,40,000 | 2,64,000 | 5,28,000 | 7,92,000 | 18,48,000 | 52,80,000 |
| Allotment price (Rs.) | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| No.of applications | 65 | 6 | 71 | 11,022 | 15,156 | 26,178 | 1,11,517 | 1,37,766 |
| No.of shares applied | 16,12,68,000 | 26,10,000 | 16,38,78,000 | 10,53,45,000 | 37,36,14,000 | 47,89,59,000 | 66,91,02,000 | 1,31,19,39,000 |
| Amount collected (Rs.cr.) | 741.83 | 12.01 | 753.84 | 484.59 | 1,718.62 | 2,203.21 | 3,077.87 | 6,034.92 |
| No.of times subscribed | 152.72 | 1.65 | 62.08 | 399.03 | 707.60 | 604.75 | 362.07 | 248.47 |
| No.of shares allotted | 10,56,000 | 15,84,000 | 26,40,000 | 2,64,000 | 5,28,000 | 7,92,000 | 18,48,000 | 52,80,000 |
| Amount (Rs.cr.) | 4.86 | 7.29 | 12.14 | 1.21 | 2.43 | 3.64 | 8.50 | 24.29 |
| No.of allottees | 59 | 6 | 65 | 29 | 58 | 87 | 308 | 460 |
Accord Transformer & Switchgear IPO is a public issue of 0.53 Cr equity shares. The issue offers 0.18 Cr shares to retail investors, 0.26 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 2,82,000 | 1.30 | 5.07% |
| QIB | 26,40,000 | 12.14 | 47.46% |
| Anchor | 15,84,000 | 7.29 | 28.48% |
| QIB (Ex Anchor) | 10,56,000 | 4.86 | 18.99% |
| NII* | 7,92,000 | 3.64 | 14.24% |
| bNII (> ₹10L) | 5,28,000 | 2.43 | 9.49% |
| sNII (< ₹10L) | 2,64,000 | 1.21 | 4.75% |
| Retail | 18,48,000 | 8.50 | 33.23% |
| Total | 55,62,000 | 25.59 | 100% |
A total of 15,84,000 shares at a price of Rs 46 per share will be allotted to the anchor investors.
📑 Anchor Investor Allotment Letter
| Bid Date | Feb 20, 2026 |
| Price | ₹46.00 |
| % of QIBs | 60.00% |
| Shares Locked (30 Days) | 7,92,000 |
| Shares Locked (90 Days) | 7,92,000 |
| # | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | SHINE STAR BUILD-CAP PVT.LTD. | SHINE STAR | 4,35,000 | 2.00 | 27.46 | 7.82 |
| 2 | VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | VIKASA | 2,55,000 | 1.17 | 16.09 | 4.58 |
| 3 | PESB ALPHA FUND | PESB CAPITAL | 2,37,000 | 1.09 | 14.96 | 4.26 |
| 4 | VISIONARY VALUE FUND | VISIONARY VALUE FUND | 2,19,000 | 1.01 | 13.83 | 3.94 |
| 5 | FINVESTA FIRST | FINVESTA FIRST | 2,19,000 | 1.01 | 13.83 | 3.94 |
| 6 | RAJASTHAN GLOBAL SECURITIES PVT.LTD. | RAJASTHAN GLOBAL SECURITIES | 2,19,000 | 1.01 | 13.83 | 3.94 |
| 15,84,000 | 7.29 | 100 | 28.48 |
📊 Historic report - IPOs Anchor Investors Investment & Performance
The Accord Transformer & Switchgear IPO is subscribed 250.1619 times by Feb 25, 2026 18:54.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 153.0142 |
| Non Institutional | 606.0227 |
| Retail Individual | 367.5877 |
| Total Subscription | 250.1619 |
An investor can apply in Accord Transformer & Switchgear IPO online via bank (using ASBA) or the broker (using UPI). The Accord Transformer & Switchgear IPO shares are offered online only.
The Accord Transformer & Switchgear IPO is subscribed 250.1619 times by Feb 25, 2026 18:54.
The Accord Transformer & Switchgear IPO allotment status is expected on or around Thursday, February 26, 2026. Visit Accord Transformer & Switchgear IPO allotment status to check.
The Accord Transformer & Switchgear IPO listing date is March 2, 2026. The equity share of Accord Transformer & Switchgear IPO will list on BSE SME.
Visit Accord Transformer & Switchgear IPO subscription status page for real-time bidding information about Accord Transformer & Switchgear IPO.
| IPO opens On | Monday, February 23, 2026 |
| IPO Closes On | Wednesday, February 25, 2026 |
| Finalisation of Basis of Allotment | Thursday, February 26, 2026 |
| Initiation of Refunds | Friday, February 27, 2026 |
| Credit of Shares to Demat Account | Friday, February 27, 2026 |
| IPO Listing Date | Monday, March 2, 2026 |
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