Accord Transformer & Switchgear Ltd. IPO

Q: What is the minimum investment and lot size required for the Accord Transformer & Switchgear Ltd. IPO?

The minimum investment required is &#8377;1,38,000 and minimum lot size is 3000 shares.

Min Investment

₹ 1,38,000 / 3000 shares

Price Range

₹43 - ₹ 46

Bidding Dates

23 Feb '26 - 25 Feb '26

Total Issue Value

25.59 Cr

Lot Size

3,000

Total Issue Size

25.59 Cr

Listing At

BSE SME

Subscription

333.47 times

BSE Price

86.13 (87.24%)

IPO Timeline

23 Feb 2026

Bidding Starts
25 Feb 2026

Bidding Ends
26 Feb 2026

Allotment Finalization
2 Mar 2026

Listing

About Accord Transformer & Switchgear Ltd.

We are engaged in the design, engineering, manufacturing, and supply of a wide range of transformers, control panels and distribution equipment, catering to standard and customised requirements across power transmission and distribution, renewable energy, industrial applications, infrastructure, and EV charging networks. With two manufacturing facilities in Rajasthan, supported by office in Gurugram, we operate with advanced machinery, in-house testing laboratories, and an integrated management system certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Parent organisation

Founded

Accord Transformer & Switchgear Ltd.

2014

Accord Transformer & Switchgear Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	15,84,000 (28.48%)
Market Makers	2,82,000 (5.07%)
Non Institutional Investors	7,92,000 (14.24%)
Qualified Institutional Buyers (QIBs)	10,56,000 (18.99%)
Retail Individual Investors (RIIs)	18,48,000 (33.23%)

Accord Transformer & Switchgear Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2026	70.36 Cr	4.50 Cr	28.30 Cr
31 Mar 2025	79.20 Cr	6.05 Cr	21.25 Cr
31 Mar 2024	50.51 Cr	1.62 Cr	5.90 Cr

Accord Transformer & Switchgear Ltd. Background

Major Events And Milestones

2014

Incorporation of the Company
2020

Received Times SME ICON award for Transformer, PSS & Control Panel
2022

Received Platinum Business Award from Dainik Jagran in the Transformer and Switchgear Category
Received MSME Leadership Award
2024

Conversion of the Company from Private Limited to Public Limited Company
Received International Industry Ratna Award
Received Jagaran Achievers Award for excellence in Electrical and Power Equipment Manufacturing
Received Company Excellence Award from EV Charge India for Best Grid Infrastructure Solution for EV Charging Stations (Transformers)
2025

Partnership with Schneider Electric to sell for PrismaSet International system
Partnership with Lucy Electric for sale of Compact Substations (CSS)

Accord Transformer & Switchgear Ltd. Object of Issues

1. Capital expenditure towards purchase of Machinery and equipment
2. Funding of the working capital requirement of our Company
3. General corporate purposes

Accord Transformer & Switchgear Ltd. IPO Listing Details

Listing Date

2 Mar 2026

BSE Script Code

544710

ISIN

INE132201018

Final Issue Price

₹ 46

Accord Transformer & Switchgear Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 46.00	-
Open	₹ 50.00	-
Low	₹ 47.50	-
High	₹ 52.50	-
Last Trade	₹ 52.50	-

Accord Transformer & Switchgear Ltd. Company Promoters

1. Mr. Pradeep Kumar Verma
2. Mrs. Shalini Singh

Industry Overview

The electrical equipment market size has grown strongly in recent years. It will grow from $1667.51 billion in 2024 to $1752.23 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. India Switchgear Market is growing owning to increasing adoption of smart switchgear and rising ... Read more

Accord Transformer & Switchgear Ltd. Contact Details

Address: Unit No. 724, Seventh Floor, Eros Corporate Park, K Block, Sector 2, IMT Manesar, Gurgaon Haryana - 122052
Phone no:8527422944

Email: [email protected]

8527422944

Visit Website

Accord Transformer & Switchgear Ltd. IPO Registrar

KFin Technologies Ltd.

Karvy Selenium, Tower B, Plot No. 31 & 31, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad, Ranga Reddy District Telangana - 500032

67162222

Accord Transformer & Switchgear Ltd. IPO Lead Manager(s)

GYR CAPITAL ADVISORS PRIVATE LIMITED

428, Gala Empire, Near JB Tower, Drive-In Road, Thaltej, Ahmedabad Gujarat - 380054

FAQs

When does Accord Transformer & Switchgear Ltd. IPO opens and closes?

Accord Transformer & Switchgear Ltd. IPO opens from 23rd February to 25th February 2026.

What is the size of Accord Transformer & Switchgear Ltd. IPO?

The size of the Accord Transformer & Switchgear Ltd. IPO is ₹25.59 Cr.

What is the price range of Accord Transformer & Switchgear Ltd. IPO?

The price range of Accord Transformer & Switchgear Ltd. IPO is at ₹43 to ₹46 per share.

What is the minimum investment and lot size required for the Accord Transformer & Switchgear Ltd. IPO?

The minimum investment required is ₹1,38,000 and minimum lot size is 3000 shares.

When is Accord Transformer & Switchgear Ltd. IPO listing date?

The Accord Transformer & Switchgear Ltd. IPO will be listed on 2nd March 2026.

What is the objective of Accord Transformer & Switchgear Ltd. IPO?

1. Capital expenditure towards purchase of Machinery and equipment
2. Funding of the working capital requirement of our Company
3. General corporate purposes

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