Accord Transformer & Switchgear Ltd.
SMEBSE₹43–46
₹ 18 Cr
6000 Shares
₹ 2,58,000
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 7,006.92 | 7,902.25 | |
| 28.78 | 16.94 | |
| 7,035.7 | 7,919.19 | |
| 6,306.51 | 7,013.26 | |
| 605.76 | 798.05 | |
| 450.43 | 594.37 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
23 Feb 2026
IPO Offer Ends
25 Feb 2026
2 Mar 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Capital expenditure towards purchase of machinery and equipment | 130.267 |
| 2 | Funding of working capital requirements | 100 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
84.94%
Promoter stake
Offered to Public
55,62,000
shares
IPO Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
About the Company
We are engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment. Established over 10 years ago, we cater to both standard and customised requirements of clients in the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks.
Use of Proceeds
1. Funding of capital expenditure requirements of our company towards purchase of Machinery and Equipment to be used by our Company. 2. Funding of working capital requirements of the Company. 3. General corporate purposes
Accord Transformer & Switchgear Ltd. Latest News
News
Accord Transformer & Switchgear secures LOA worth Rs 20.02 crore
The order is to be executed within 4 to 5 months from date of purchase order
Accord Transformer & Switchgear zooms on bagging purchase orders worth Rs 5.28 crore
The company has secured order worth around Rs 4.48 crore from Good Earth Renewable Services
Accord Transformer & Switchgear bags purchase orders worth Rs 5.28 crore
The company has secured order worth around Rs 4.48 crore from Good Earth Renewable Services
Accord Transformer & Switchgear informs about annual report
Accord Transformer bags orders worth Rs 1.92 crore
The first order is from Ultra Mega Power for supply of 1000KVA 22/0.690kv Copper Wound oil transformer with OCTC
Accord Transformer & Switchgear bags order worth Rs 51 lakh
The order is for supply of transformer AUX 30KVA DRY Type, 5 MVA, ONAN, 33/2x0.69kV and Aluminium wound
Accord Transformer gets vendor nod from Aditya Birla Renewables for transformer supply
The vendor approval enables the company to participate in opportunities for supplying transformers across the company's renewable energy portfolio
Accord Transformer soars on bagging Rs 19.97 crore order for supply of transformers
The order involves the supply of 3.6 MVA, 33kV/690V Wind Turbine Transformers and 3.6 MVA, 33kV/950V Wind Turbine Transformers for a wind power project
Accord Transformer bags Rs 19.97 crore order for supply of transformers
The order involves the supply of 3.6 MVA, 33kV/690V Wind Turbine Transformers and 3.6 MVA, 33kV/950V Wind Turbine Transformers for a wind power project
Accord Transformer zooms on securing purchase order worth Rs 47 lakh
The order is for supply of 150 kVA and 500 kVA Aux Transformer for Solar Project/ BESS Projects
IPO FAQs
The Accord Transformer & Switchgear Ltd. IPO has a total of ₹18 crore, calculated at the upper end of the .
The Accord Transformer & Switchgear Ltd. IPO is priced at ₹43–46 per share. bids must fall within this , against a of ₹10 per share.
The for the Accord Transformer & Switchgear Ltd. IPO is 6,000 shares, which is also the minimum order quantity — you have to apply for at least 6,000 shares, and in multiples of 6,000 beyond that.
The minimum investment in the Accord Transformer & Switchgear Ltd. IPO is about ₹2,58,000 — one lot of 6,000 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Accord Transformer & Switchgear Ltd. opens on 23 Feb 2026 and closes on 25 Feb 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Accord Transformer & Switchgear Ltd. shares were listed on 2 Mar 2026 on BSE.
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.) is the for the Accord Transformer & Switchgear Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-23324401/43509200 and email einward.ris@kfintech.com.
Accord Transformer & Switchgear Ltd. IPO shares are listed on BSE.
Each Accord Transformer & Switchgear Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 84.94% of Accord Transformer & Switchgear Ltd. before the IPO.
55,62,000 shares of Accord Transformer & Switchgear Ltd. are being offered to the public in this issue.
The Accord Transformer & Switchgear Ltd. IPO has been subscribed 332.11x overall — 153.01x, 447.16x and 367.59x.
figures update through the issue period until it closes.
- 1.Funding of capital expenditure requirements of our company towards purchase of Machinery and Equipment to be used by our Company
- 2.Funding of working capital requirements of the Company
- 3.General corporate purposes
GYR Capital Advisors Pvt Ltd. is the book running lead manager for the Accord Transformer & Switchgear Ltd. IPO.
Pre-apply means placing your Accord Transformer & Switchgear Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Accord Transformer & Switchgear Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Accord Transformer & Switchgear Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.