Accord Transformer & Switchgear IPO Subscription Status
The Accord Transformer & Switchgear IPO has been subscribed 332.11x times overall. Retail investors have shown interest with bids for 367.59x the shares available. The Non-Institutional Investor (NII) category has been subscribed 447.16x. Qualified Institutional Buyers (QIBs) have subscribed 153.01x. Data last updated on 08 May, 05:34 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Feb, 2026 and closes on 25 Feb, 2026. The shares are expected to list on stock exchanges on 02 Mar, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
10,56,000 | 16,15,83,000 |
16,15,83,000
of 10,56,000
|
153.01x |
|
NII
|
10,74,000 | 48,02,52,000 |
48,02,52,000
of 10,74,000
|
447.16x |
|
Retail
|
18,48,000 | 67,93,02,000 |
67,93,02,000
of 18,48,000
|
367.59x |
| TOTAL | 39,78,000 | 1,32,11,37,000 |
1,32,11,37,000
-
|
332.11x |
Last Updated: 08 May 2026, 05:34 PM
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 368 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 153.01x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
25 Feb 2026
DAY 3
|
332.11x
|
||
|
QIB
153.01x
NII
447.16x
Retail
367.59x
|
|||
|
24 Feb 2026
DAY 2
|
37.96x
|
||
|
QIB
1.08x
NII
36.74x
Retail
59.74x
|
|||
|
23 Feb 2026
DAY 1
|
9.8x
|
||
|
QIB
0.02x
NII
8.31x
Retail
16.26x
|
|||
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Accord Transformer & Switchgear IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.
What Does This Subscription Data Mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Accord Transformer & Switchgear IPO?
As of IPO close date (25 Feb, 2026), the Accord Transformer & Switchgear IPO is subscribed 332.11x times. Retail category is 367.59x, and NII is 447.16x subscribed.
When is the allotment date for Accord Transformer & Switchgear IPO?
The allotment for Accord Transformer & Switchgear IPO is expected to be finalized on 26 February, 2026.
What is the GMP of Accord Transformer & Switchgear?
The Grey Market Premium (GMP) for Accord Transformer & Switchgear is currently ₹4, indicating a potential listing gain of 9%.
When will Accord Transformer & Switchgear IPO list on the stock market?
Accord Transformer & Switchgear is scheduled to list on BSE and NSE on 02 March, 2026.
What are the chances of getting allotment in Accord Transformer & Switchgear IPO?
The retail category is oversubscribed at 367.59x, meaning allotment is by lottery. Statistically, approximately 1 in 368 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 153.01x mean for Accord Transformer & Switchgear IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 153.01x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Accord Transformer & Switchgear IPO allotment status?
After the allotment date (26 Feb, 2026), you can check your Accord Transformer & Switchgear IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
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