
Accord Transformer And Switchgear IPO
ACCORDTS
Last updated on 25/10/2026 | 07:00 IST
Accord Transformer And Switchgear IPO is a book built issue of ₹39,78,000 crores. The subscription opens on 23 Feb '26 and closes on 25 Feb '26, with the basis of allotment expected to be finalised on 26 Feb '26. The shares are scheduled to list on BSE with a tentative listing date fixed for 02 Mar '26. The price band is set at ₹43 to ₹46 per share with a minimum lot size of 3,000 shares.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Accord Transformer And Switchgear IPO Dates & Details
Open Date
23 Feb '26
Close Date
25 Feb '26
Allotment Date
26 Feb '26
Refund Date
27 Feb '26
Listing Date
02 Mar '26
Price Range
₹43 - ₹46
Min Investment
₹2,76,000
Lot Size
3,000
Listing at
BSE
IPO Document
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 |
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 And Switchgear IPO Strengths & Weaknesses
No Data Found
No Data Found
Accord Transformer And Switchgear IPO Issue Details
| 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 Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
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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