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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.
Revenue Growth
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |

Open Date
23 Feb 2026
Close Date
25 Feb 2026
Min Investment
₹276000
Lot Size
6000 Shares
Issue Size
₹25.59 Cr
Price Range
₹43 - ₹46
Listing Date
Mar 2, 2026
IPO Doc
RHP PDFCompany Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
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%
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
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 31-Dec-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 45.29 | 79.20 | 48.60 | 40.81 |
| EBITDA | 4.62 | 9.10 | 2.67 | 1.54 |
| Expenses | ||||
| Profit After Tax | 2.91 | 6.05 | 1.61 | 0.87 |
| Assets | 41.02 | 59.89 | 26.46 | 15.82 |
| Net Worth | 24.45 | 21.54 | 6.04 | 4.43 |
| Reserves | 9.44 | 21.25 | 5.79 | 4.18 |
| Borrowing | 4.37 | 11.81 | 9.13 | 2.30 |
Mr. Pradeep Kumar Verma
Mrs Shalini Singh
84.94%
61.98%
Accord Transformer & Switchgear
Unit No. 724, Seventh Floor Eros Corporate Park, K Block, Sector 2 IMT Manesar, Manesar Gurgaon, Haryana, 122052