Accord Transformer & Switchgear IPO
ListedQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Accord Transformer & Switchgear IPO Details
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Bidding Date
23-Feb-2026 to
25-Feb-2026 -
Issue Size
₹25.59 Cr
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Price Band
₹43 to ₹46
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Allotment date
26-Feb-2026
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Listing date
02-Mar-2026
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Lot size
3000
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No. of shares
55,62,000
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Fresh issue/OFS
₹25.59 Cr /--
About Accord Transformer & Switchgear Company
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.
Subscription Status
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Category
Status
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QIBs
153x
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NIIs
447.2x
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Retail
367.2x
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Others
--
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Total
331.9x
FAQs for Accord Transformer & Switchgear IPO.
What is the issue size of Accord Transformer & Switchgear IPO?
The issue size of Accord Transformer & Switchgear is ₹25.59 Cr.
What is the industry of Accord Transformer & Switchgear?
Accord Transformer & Switchgear falls into Machinery & Equipments industry.
Where Accord Transformer & Switchgear IPO will be listed?
The Accord Transformer & Switchgear IPO will be listed on NSE.
What are the open and close dates for the Accord Transformer & Switchgear IPO?
The open and close dates for the Accord Transformer & Switchgear are 23-Feb-2026 & 25-Feb-2026.
What are the price band for Accord Transformer & Switchgear IPO?
The price band for the Accord Transformer & Switchgear ipo is ₹43 to ₹46
What is the listing date of Accord Transformer & Switchgear IPO?
The listing date of Accord Transformer & Switchgear IPO is 02-Mar-2026.
What is the purpose for the Accord Transformer & Switchgear IPO?
The purpose of this IPO is to raise fresh capital.
How much times Accord Transformer & Switchgear IPO subscribed?
Accord Transformer & Switchgear total subscription ratio is 331.9X.
What are the key financials for the Accord Transformer & Switchgear IPO?
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 |