Accord Transformer And Switchgear IPO
ACCORDTS
Open Date
23 Feb '26
Close Date
25 Feb '26
Price Range
₹43 - ₹46
Min Investment
₹2,76,000
Lot Size
3,000
Listing at
BSE
Issue Size
39,78,000
IPO Document
Free Demat with Zero AMC*
About Accord Transformer And Switchgear Ltd IPO
Accord Transformer & Switchgear Ltd., incorporated in 2014, is an established company engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment.
With over 10 years of experience, the company caters to the standard and customised requirements of clients across various sectors, including power transmission and distribution, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks.
Product Portfolio
Accord Transformer & Switchgear Ltd. offers a comprehensive product portfolio, including:
1. Transformers:
- Distribution Transformers: Up to 2.5 MVA, 36 kV
- Power Transformers: Up to 20 MVA, 33 kV
- Dry-Type Transformers: Up to 5000 KVA, 36 kV
- Special-Purpose Transformers: Including Solar Transformers, wind inverter duty, and furnace duty transformers.
2. Control Panels & Switchgear:
- Low-Voltage (LV) Control Panels, LV Control Switchboards, and APFC Panels.
- Medium-Voltage (MV) / Vacuum Circuit Breaker (VCB) panels.
- Industrial Panels.
- Customised Prisma Set control panels (in collaboration with Schneider Electric).
- Package Substations, Busducts, cable trays, and associated switchgear assemblies.
The company operates two manufacturing facilities in Bhiwadi, Rajasthan, with its registered office located in Manesar, Haryana. These facilities are equipped with advanced machinery such as plasma cutting systems, foil winding machines, shot blasting and painting booths, and comprehensive in-house testing laboratories, enabling expertise in the design, manufacture, testing, and deployment of critical power systems.
As of December 31, 2025, the company had 114 permanent employees.
Accord Transformer & Switchgear Ltd., incorporated in 2014, is an established company engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment. With over 10 years of experience, the company caters to the standard and customised requirements of clients across various sectors, including power transmission
Accord Transformer And Switchgear IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 19,89,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,96,700 crores |
| Retail Individual Investors (RIIs) | 35% | 13,92,300 crores |
Accord Transformer And Switchgear IPO Strengths & Weaknesses
No Data Found
Accord Transformer And Switchgear IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 26 Feb '26 | 02 Mar '26 | 27 Feb '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 39,78,000 shares (aggregating up to ₹2,76,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Accord Transformer And Switchgear IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Accord Transformer And Switchgear ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Accord Transformer And Switchgear IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Accord Transformer And Switchgear Lead Manager(s)
| Book Running Lead Manager(s) |
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