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Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
23-Feb-2026 to
25-Feb-2026
Issue Size
₹25.59 Cr
Price Band
₹43 to ₹46
Allotment date
26-Feb-2026
Listing date
02-Mar-2026
Lot size
3000
No. of shares
55,62,000
Fresh issue/OFS
₹25.59 Cr /--
Accord Transformer & Switchgear Limited, established in 2014 in Manesar, Gurgaon, Haryana, with manufacturing facilities in Bhiwadi and Khushkhera, Rajasthan, has grown from a specialist in transformers and control panels into a comprehensive provider of power equipment, maintaining focus on core electrical infrastructure while expanding to serve diverse sectors including renewables, EVs, and industrial applications. The core business centers on designing, manufacturing, testing, and supplying transformers (power, distribution, inverter duty, dry-type), switchgear, control panels (MV/LT, APFC, synchronization), package substations, and busbar systems for reliable power transmission and distribution. Key expertise includes advanced in-house testing (ERDA/CPRI certified), plasma cutting, foil winding, and compliance with BIS/ISO 9001:2015 standards, supported by streamlined processes for custom and standard solutions. Unique strengths lie in engineering excellence, rapid customization, and a lean manufacturing model prioritizing quality over quantity with investments in skilled workforce and modern machinery. The company serves utilities, industries, infrastructure projects, and renewable energy developers through long-term partnerships, emphasizing customer-centric execution, timely delivery, and lifecycle support to address regulatory, reliability, and project-scale challenges in the power sector.
Category
Status
QIBs
153x
NIIs
447.2x
Retail
367.2x
Others
--
Total
331.9x
The issue size of Accord Transformer & Switchgear is ₹25.59 Cr.
Accord Transformer & Switchgear falls into Machinery & Equipments industry.
The Accord Transformer & Switchgear IPO will be listed on NSE.
The open and close dates for the Accord Transformer & Switchgear are 23-Feb-2026 & 25-Feb-2026.
The price band for the Accord Transformer & Switchgear ipo is ₹43 to ₹46
The listing date of Accord Transformer & Switchgear IPO is 02-Mar-2026.
The purpose of this IPO is to raise fresh capital.
Accord Transformer & Switchgear total subscription ratio is 331.9X.
Key financial of the Accord Transformer & Switchgear are:
| Accord Transformer & Switchgear | FY-25 | FY-24 | FY-23 |
|---|---|---|---|
| Revenue (₹ Cr) | 79.02 | 48.54 | 40.78 |
| EBIT (₹ Cr) | 8.67 | 2.56 | 1.51 |
| Proft after Tax (₹ Cr) | 6.05 | 1.61 | 0.87 |
| Debt (₹ Cr) | 11.81 | 9.13 | 2.3 |
| Net Worth (₹ Cr) | 21.54 | 6.04 | 4.43 |
| RoE (%) | 28.1 | 26.6 | 19.73 |