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Accord Transformer & Switchgear

Accord Transformer & Switchgear

Open Date

23 Feb 2026

Close Date

25 Feb 2026

listed

Min Investment

₹276000

Lot Size

6000 Shares

Issue Size

₹25.59 Cr

Price Range

₹43 - ₹46

Listing Date

Mar 2, 2026

IPO Doc

RHP PDF

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.

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Accord Transformer & Switchgear IPO - Issue Objectives

The company will utilise ₹13.03 crore for purchasing machinery and equipment. The company will utilise ₹10 crore for funding working capital requirement of the business Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital Expenditures

50.1%

Working capital

38.4%

General corporate purposes

11.4%

1

Capital Expenditures

The company will utilise ₹13.03 crore for purchasing machinery and equipment.

50.10%
2

Working capital

The company will utilise ₹10 crore for funding working capital requirement of the business

38.40%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

11.40%

IPO Subscription Status

Retails
363.42x
QIB
7.77x
NII
591.42x

Financials of Accord Transformer & Switchgear

In Cr.

Revenue: ₹45.29

EBITDA: ₹4.62

Profit: ₹2.91

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator31-Dec-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue45.2979.2048.6040.81
EBITDA4.629.102.671.54
Expenses
Profit After Tax2.916.051.610.87
Assets41.0259.8926.4615.82
Net Worth24.4521.546.044.43
Reserves9.4421.255.794.18
Borrowing4.3711.819.132.30

Accord Transformer & Switchgear - Promoter(s)

Mr. Pradeep Kumar Verma

Mrs Shalini Singh

Pre Issue Share Holding

84.94%

Post Issue Share Holding

61.98%

Contact Details

Accord Transformer & Switchgear

Unit No. 724, Seventh Floor Eros Corporate Park, K Block, Sector 2 IMT Manesar, Manesar Gurgaon, Haryana, 122052

Registrar Contact Details

Accord Transformer & Switchgear IPO - FAQs

Accord Transformer & Switchgear IPO is a SME IPO. The issue is priced at ₹43 to ₹46 per share. The minimum order quantity is 6000 Shares. The IPO opens on 23 Feb, and closes on 25 Feb. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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