Accord Transformer And Switchgear Limited
ListedSMEIndustrials & Electrical · BSE
Accord Transformer & Switchgear Ltd., incorporated in 2014, is an experienced company involved in designing, engineering, manufacturing, and supplying a wide range of electrical power and distribution equipment for sectors such as power transmission and distribution, renewable energy, industries, infrastructure projects, and EV charging networks. The company offers products including distribution, power, dry-type, and special-purpose transformers, along with LV and MV control panels, switchgear, package substations, busducts, and customized control panels developed in collaboration with Schneider Electric. Accord operates two well-equipped manufacturing units in Bhiwadi, Rajasthan, supported by advanced machinery and in-house testing facilities, while its registered office is in Manesar, Haryana, and as of December 31, 2025, the company employed 114 permanent staff members.
Price Band
₹43 – ₹46
Issue Size
₹556.20 L Cr
Lot Size
3000 shares
GMP
₹3
+6.5%
Est. Listing
₹49
at current GMP
Subscribed
357.45x
overall
Open
23 Feb 2026
Close
25 Feb 2026
Allotment
26 Feb 2026
Refund
27 Feb 2026
Demat Credit
28 Feb 2026
Listing
2 Mar 2026
Last updated 7 months ago
Live Grey Market Premium
Accord Transformer And Switchgear Limited GMP Today
Last updated: 2 Mar 2026
Current Premium
₹3+6.5%
Issue Price (Upper)
₹46
Band: ₹43 – ₹46
Estimated Listing Price
₹49
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,38,000
Estimated Profit / Lot
₹9,000
3000 × ₹3
Accord Transformer And Switchgear Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹3
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹3 | 6.5% | ₹49 |
| 26 Sep 2026 | +₹3 | 6.5% | ₹49 |
| 25 Sep 2026 | +₹3 | 5.9% | ₹49 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Accord Transformer And Switchgear Limited Public Issue & Market Profile
Accord Transformer And Switchgear Limited is bringing an initial public offering (IPO) in the Industrials & Electrical sector with an aggregate issue size of ₹55,62,000 Crores. The shares are offered at a price band of ₹43 to ₹46 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-02-25, the basis of allotment is scheduled to be finalized on 2026-02-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Accord Transformer And Switchgear Limited IPO GMP today?
The latest grey market premium for Accord Transformer And Switchgear Limited IPO is ₹3, which indicates an expected listing price of ₹49.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.