Accord Transformer and Switchgear's IPO saw overwhelming demand, subscribed 357 times, with a 9% grey market premium indicating a strong debut on the BSE SME platform on March 2. The Rs 26 crore issue, priced at Rs 46, will fund capital expenditure and working capital needs for the electrical equipment manufacturer.
Accord Transformer and Switchgear shares to debut today. Here's what GMP indicates
Synopsis
Accord Transformer and Switchgear's IPO saw overwhelming demand, subscribed 357 times, with a 9% grey market premium indicating a strong debut on the BSE SME platform on March 2. The Rs 26 crore issue, priced at Rs 46, will fund capital expenditure and working capital needs for the electrical equipment manufacturer.
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