New Delhi, Feb. 26 -- Accord Transformer & Switchgear IPO allotment in focus: The allotment for Accord Transformer & Switchgear is expected to be finalized today, February 26. Investors can check their allotment status through the registrar, Kfin Technologies, or on the Bombay Stock Exchange (BSE).
The Rs.25.59 crore IPO received a bumper response from investors, being subscribed to 357 times. Specifically, the retail investor segment was oversubscribed 357.37 times, while the non-institutional investor (NII) segment and the QIB quota were subscribed 606 times and 153 times, respectively.
Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Those who do ...
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