ListedSMEElectric EquipmentACCORDTS

Accord Transformer & Switchgear IPO

Accord Transformer & Switchgear IPO is an SME IPO raising ₹26 Cr at ₹43 – ₹46 a share. It listed on 2 Mar 2026 at ₹50, +8.7% against its issue price of ₹46, and trades at ₹68 today (+47.6% since issue). It was subscribed 354× in total.

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₹46

Issue price

₹68

Price now

+47.6%

Since issue price

2 Mar 2026

Listed on

354×Subscribed (final) · all exchanges

354.4 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹43 – ₹46

Cut-off price₹46

Issue size₹26 Cr

Shares per lot3000

Minimum application₹1,38,000

Minimum quantity6000

Face value₹10

Listing exchanges—

ISININE132201018

Bidding hours10:00 – 17:00 IST

Bidding window23 Feb 2026 – 25 Feb 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.