Accord Transformer IPO

Electrical Equipment - Listed on 02 March 2026

+8.7% listing gain
Issue Price (Upper)
Rs 46
Listing Price
Rs 50
Closing Price (NSE)
Rs 52.5
Total Subscription
357.45x

Accord Transformer IPO listing summary

Accord Transformer (Electrical Equipment) closed its IPO window in 2026 and listed on NSE and BSE on 02 March 2026 at an upper band issue price of Rs 46, opening at Rs 50 for a listing gain of +8.7% and closing day one at Rs 52.5 (+14.1% on closing basis). The IPO was subscribed 357.45x overall - QIB 153.01x, HNI/NII 606.38x, Retail 367.59x. The total issue size was Rs 25.59 Cr (Fresh Issue Rs 25.59 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+8.70%
Listing Gain (Close)
+14.13%
Day Change After Listing
+5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB153.01x
HNI / NII606.38x
Retail367.59x
Overall357.45x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 110.55x
Day 240.86x
Day 3 (Final)357.45x

Accord Transformer IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 5+10.87%
Day 2Rs 7+15.22%
Day 3Rs 8+17.39%
Day 4Rs 10+21.74%
Day 5Rs 13+28.26%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
10.9%-28.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+8.7%

Issue & financials

Issue SizeRs 25.59 Cr
Fresh IssueRs 25.59 Cr
OFSRs 0 Cr
IPO PE10.57
Peer / Sector PE22.00
PE vs Sector Ratio0.48
Latest EBITDA (Cr)11.49
Debt / Equity0.55

Market context at listing

How the broader market moved around the Accord Transformer IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-1.24%
Nifty 1W Return-3.30%
Nifty 1M Return-1.80%
Nifty during IPO window-0.90%

Accord Transformer IPO - FAQs

What was the listing gain of Accord Transformer IPO?

Accord Transformer IPO listed at +8.7% versus the upper issue price of Rs 46 on 02 March 2026.

How many times was Accord Transformer IPO subscribed?

Accord Transformer IPO was subscribed 357.45x overall. QIB portion was subscribed 153.01x, HNI / NII 606.38x and Retail 367.59x.

What was the IPO GMP for Accord Transformer?

IPO GMP started at Rs 5 on Day 1 and moved to Rs 13 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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