Accord Transformer & Switchgear IPO
Accord Transformer & Switchgear is a BSE SME IPO listed on the BSE SME platform, priced at ₹43–₹46 per share. The stock debuted at ₹50, delivering a listing gain of 8.7%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹2,76,000.
Accord Transformer & Switchgear Limited IPO
- IPO Dates
- Feb 23, 2026 – Feb 25, 2026
- Price band
- ₹43-46 per equity share
- Minimum Investment
- ₹2,76,000
- Issue size
- ₹25.59 Cr
- Lot size
- 3000
- Allotment Date
- Feb 26, 2026
- Listing
- Mar 2, 2026
- Listing At
- BSE SME
IPO timeline
-
Feb 23, 2026
Open Date
Completed
-
Feb 25, 2026
Close Date
Completed
-
Feb 26, 2026
Allotment Date
Completed
-
Mar 2, 2026
Listing Date
Completed
Accord Transformer & Switchgear IPO Subscription Details
View Subscription DetailsAccord Transformer & Switchgear IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Accord Transformer & Switchgear IPO Essentials
Accord Transformer & Switchgear IPO Details
Accord Transformer & Switchgear IPO is priced at ₹43-46 per share with a total issue size of 25.59 crore. The IPO has a lot size of 3000 shares and is listed on BSE SME.
- Issue price
- ₹43-46 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 55,62,000 shares(agg. up to ₹25.59 Cr)
- Total issue size
- 55,62,000 shares
(aggregating up to ₹25.59 crore) - Fresh issue
- 55,62,000 shares
(aggregating up to ₹25.59 crore) - Listing at
- BSE SME
- List price
- 50.0
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
GYR Capital Advisors Pvt.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 |
| sHNI(min) | 8 | 24,000 | ₹11,04,000 |
Accord Transformer & Switchgear IPO Reservation
Accord Transformer & Switchgear IPO reservation details show category-wise allocation of shares. Out of the total 5562000 shares, approximately 18.99% are reserved for QIB, 14.24% for NII, 33.23% for retail investors, 5.07% for market maker, and 28.48% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1584000 (28.48%) | |
| Market Maker Shares Offered | 282000 (5.07%) | |
| QIB Shares Offered | 1056000 (18.99%) | |
| NII (HNI) Shares Offered | 792000 (14.24%) | |
| bHNI > ₹10L | 528000 (9.39%) | 59 |
| sHNI < ₹10L | 264000 (4.85%) | 29 |
| Individual Shares Offered | 1848000 (33.23%) | 308 |
| Total Shares Offered | 5562000 (100%) |
Accord Transformer & Switchgear IPO Analytics
Accord Transformer & Switchgear IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Accord Transformer & Switchgear IPO Subscription Status
Accord Transformer & Switchgear IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 357.45x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,56,000 |
7,92,000
5,28,000
2,64,000
|
18,48,000 | 36,96,000 |
|
Day 1
23-02-26 05:00 PM
|
0.02 x |
11.27x
11.86x
10.09x
|
16.26 x | 10.55 x |
|
Day 2
24-02-26 05:00 PM
|
1.08 x |
49.82x
51.27x
46.93x
|
59.74 x | 40.86 x |
|
Day 3
25-02-26 05:00 PM
|
153.01 x |
606.38x
710.22x
398.70x
|
367.59 x | 357.45 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 139480 (Approx) | 257.07x | 379.79x | 367.59x |
Accord Transformer & Switchgear Valuations
Earnings
- EPS Pre IPO
- ₹4.03/-
- EPS Post IPO
- ₹2.94/-
- P/E Pre IPO
- 11.41
- P/E Post IPO
- 15.63
Returns
- ROE
- 43.90%
- ROCE
- 26%
- RoNW
- 28.10%
- PAT Margin
- 7.66%
Fundamentals
- Debt / Equity
- 0.55
- Price / Book
- 3.21
- Market Cap
- 94.64 Cr.
Accord Transformer & Switchgear Financials( In Crs.)
| 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 |
Accord Transformer & Switchgear Company & Offer Insights
About Accord Transformer & Switchgear
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 are the company's promoters of Accord Transformer & Switchgear.
Accord Transformer & Switchgear IPO Issue Objectives
- •
- Capital expenditure towards purchase of machinery and equipment
- •
- Funding of working capital requirements
- •
- General corporate purposes
Contact Information
Contact Details
Accord Transformer & Switchgear
+91 85274 22944
Unit No. 724, Seventh Floor Eros Corporate Park, K Block, Sector 2 IMT Manesar, Manesar Gurgaon, Haryana, 122052
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Accord Transformer & Switchgear IPO is a book-built IPO worth ₹25.59 crore. The price band is ₹43–₹46 per share. The IPO opens on Feb 23, 2026 and closes on Feb 25, 2026. It will be listed on BSE SME Platform. Kfin Technologies Ltd. is the registrar.
The price band of Accord Transformer & Switchgear IPO is ₹43 to ₹46 per share.
The lot size of Accord Transformer & Switchgear IPO is 3000 shares.
The minimum investment for Accord Transformer & Switchgear IPO is approximately ₹2,76,000 based on the upper price band .
Accord Transformer & Switchgear IPO opens on Feb 23, 2026 and closes on Feb 25, 2026.
The allotment date of Accord Transformer & Switchgear IPO is Feb 26, 2026.
Accord Transformer & Switchgear IPO is expected to be listed on Mar 2, 2026, on BSE SME Platform.
Accord Transformer & Switchgear IPO valuation snapshot: P/E 15.63, EPS ₹2.94/-, P/B 3.21, RoNW 28.10%, and market cap 94.64 Cr.
To apply for Accord Transformer & Switchgear IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Accord Transformer & Switchgear IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Accord Transformer & Switchgear IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Accord Transformer & Switchgear IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Accord Transformer & Switchgear IPO allotment status on IPO Ji for quick and easy access.