Accord Transformer & Switchgear Limited IPO
BSE SME
₹ 276000
/6000 Shares
*Min Investment
23 Feb, 2026
Open Date25 Feb, 2026
Close Date26 Feb, 2026
Allotment Date02 Mar, 2026
Listing DateAccord Transformer & Switchgear IPO Issue Details
- Issue Price ₹43-46 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 55,62,000 shares(aggregating up to ₹25.59 crore)
- Fresh Share 55,62,000 shares(aggregating up to ₹25.59 crore)
- Listing at BSE SME
- Lead Manager GYR Capital Advisors Pvt.Ltd.
- Registrar Kfin Technologies Ltd.
Market Lot Size
Investors can bid for a minimum of 6,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 6,000 | ₹2,76,000 |
| Individual(max) | 2 | 6,000 | ₹2,76,000 |
| SHNI(min) | 3 | 9,000 | ₹4,14,000 |
| SHNI(max) | 7 | 21,000 | ₹9,66,000 |
| BHNI(min) | 8 | 24,000 | ₹11,04,000 |
Accord Transformer & Switchgear IPO Details
Accord Transformer & Switchgear Limited IPO is an SME IPO, priced at ₹43-46 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 55,62,000 equity shares, aggregating up to ₹25.59 crores..
The IPO bidding window is open from Feb 23, 2026 to Feb 25, 2026. The allotment is expected to be finalized on Feb 26, 2026, and the tentative listing date is Mar 2, 2026.
The minimum lot size for Individual investors is 6,000 shares, with a minimum investment of ₹2,76,000.
GYR Capital Advisors Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Ltd., and
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Accord Transformer & Switchgear Valuations
Accord Transformer & Switchgear Company Financials
| 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 41.02 | 59.89 | 26.46 | 15.82 |
| Revenue | 45.29 | 79.20 | 48.60 | 40.81 |
| Profit After Tax | 2.91 | 6.05 | 1.61 | 0.87 |
| Net Worth | 24.45 | 21.54 | 6.04 | 4.43 |
| Reserves & Surplus | 9.44 | 21.25 | 5.79 | 4.18 |
| Total Borrowing | 4.37 | 11.81 | 9.13 | 2.30 |
About Accord Transformer & Switchgear Company
Accord Transformer & Switchgear Ltd., incorporated in 2014, is a well-established company dealing with the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment.With more than 10 years of experience, the company meets the standard and customized demands of clients from different sectors, such as power transmission and distribution, renewable energy, industrial use, infrastructure development projects, and electric vehicle charging infrastructure.
Product Portfolio:
Accord Transformer & Switchgear Ltd. provides a wide range of products, which include:
1. Transformers
2. Control Panels & Switchgear
The company has two manufacturing units in Bhiwadi, Rajasthan, with its registered office in Manesar, Haryana. The company has advanced machinery like plasma cutting systems, foil winding machines, shot blasting and painting booths, and fully equipped in-house testing labs, which provide expertise in the design, manufacture, testing, and implementation of critical power systems.
As of August 31, 2025, the company employed 117 permanent staff members.
Accord Transformer & Switchgear - Promoter(s)
Mr. Pradeep Kumar Verma
Mrs Shalini Singh
Pre Issue Share Holding : 84.94%
Post Issue Share Holding : 61.98%
Accord Transformer & Switchgear IPO - Issue Objectives
Capital expenditure towards purchase of machinery and equipment
Funding of working capital requirements
General corporate purposes
Contact Details
Accord Transformer & Switchgear
Unit No. 724, Seventh Floor Eros Corporate Park, K Block, Sector 2 IMT Manesar, Manesar Gurgaon, Haryana, 122052
+91 85274 22944
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Accord Transformer & Switchgear IPO - FAQs
Ans. Accord Transformer & Switchgear Limited IPO is a SME IPO. The issue is priced at ₹43-46 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 23, 2026, and closes on Feb 25, 2026. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Accord Transformer & Switchgear Limited IPO opens on Feb 23, 2026 and closes on Feb 25, 2026.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Accord Transformer & Switchgear Limited IPO is 55,62,000 shares(agg. up to ₹25.59 Cr).
Ans. The Accord Transformer & Switchgear Limited IPO price band is set between ₹43-46 per equity share.
Ans. To apply for Accord Transformer & Switchgear Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Accord Transformer & Switchgear Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Accord Transformer & Switchgear Limited IPO is Feb 26, 2026.
Ans. The Accord Transformer & Switchgear Limited IPO will be listed on Mar 2, 2026.
Ans. Follow the steps to check the Accord Transformer & Switchgear Limited IPO allotment status online.