Accord Transformer & Switchgear Ltd IPO – Dates, Price Band & Lot Size

The Accord Transformer & Switchgear Ltd IPO will be live from 23 Feb'26 to 25 Feb'26 with an issue size of ₹25.59 crores. The IPO is priced in the band of ₹46.00–₹43.00 per share with a minimum lot size of 6000.00 shares. Stay updated with IPO dates, allotment status, and listing details.

Min Investment ₹276000.00

Subscribed Times x

Issues size ₹26 Crores

Price Range ₹46.00 - ₹43.00

Open on 23 Feb'26

Close on 25 Feb'26

Accord Transformer & Switchgear Ltd IPO Details

Lot Size 6000.00

Issue size ₹26 Crores

Issue Type Book Building

Accord Transformer & Switchgear Ltd Shares Offered

Qualified Inst. Buyers 26.52

Non Inst. Buyers 27.04

Retails Ind. Buyers 46.44

Accord Transformer & Switchgear Ltd Subscription Status

(as of 20 Feb 2026) Overall Status x

Qualified Inst. Buyers 71.30x

Non Inst. Buyers 146.91x

Retails Ind. Buyers 97.61x

Accord Transformer & Switchgear Ltd IPO Timeline

23 Feb'26 Issue Open

25 Feb'26 Issue Close

26 Feb'26 Finalization of Basis of Allotment

26 Feb'26 Initiation of refund

27 Feb'26 Transfer of shares to Demat Account

02 Mar'26 Listing Date

Accord Transformer & Switchgear Ltd Objects of the offer

Geographic and Sectoral Expansion into High-Growth Markets.

New Manufacturing Facility to Drive Capacity Expansion.

Enhancing Innovation and Quality Capabilities.

Digitalization and Automation in Manufacturing.

Accord Transformer & Switchgear Ltd Company's Financials

Assets(cr) Mar 2025 33.63 Mar 2024 15.36 Mar 2023 6.84

Gross Profit(cr) Mar 2025 8.58 Mar 2024 2.30 Mar 2023 1.35

Liabilities(cr) Mar 2025 12.09 Mar 2024 9.32 Mar 2023 2.41

Net Income(cr) Mar 2025 6.05 Mar 2024 1.61 Mar 2023 0.87

Revenue(cr) Mar 2025 79.02 Mar 2024 48.54 Mar 2023 40.78

Accord Transformer & Switchgear Ltd Peer Comparison

Script Name Danish Power Limited Revenue(cr) 426.71 Net Profit(cr) 57.59 EPS 34.55 Current Ratio 13.85

Script Name Transformers and Rectifiers (India) Ltd Revenue(cr) 2019.38 Net Profit(cr) 214.27 EPS 7.21 Current Ratio 9.80

Script Name Voltamp Transformers Limited Revenue(cr) 1934.23 Net Profit(cr) 325.41 EPS 321.65 Current Ratio 18.32

Script Name Accord Transformer & Switchgear Ltd Revenue(cr) 79.02 Net Profit(cr) 6.05 EPS 0.00 Current Ratio 2.00

Accord Transformer & Switchgear Ltd IPO

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Accord Transformer & Switchgear Ltd Company Contact Info

Unit No.724 7th Flr Eros Corp.,

Park K Block Sector 2 IMT,

Gurgaon-122052

Phone : +91 85274 22944

Accord Transformer & Switchgear Ltd Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,

31&32 Financial Dist-Hyderabad-500032

Phone : 91-40-67162222

Fax : 91-40-23001153/23420814

Accord Transformer & Switchgear Ltd Book Running Managers

GYR Capital Advisors Private Limited

Initial public offer of up to 55,62,000 equity shares of face value Rs. 10/- each (the Equity Shares) of Accord Transformer & Switchgear Limited (The Company or the Issuer) for cash at an issue price of Rs. 46 per equity share (Including a Securities Premium of Rs. 36 Per Equity Share) (Issue Price), aggregating up to Rs. 25.59 Crore (the Issue) of which upto 2,82,000 equity shares of face value Rs. 10 each aggregating to Rs. 1.30 Crore will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of upto 52,80,000 equity shares of face value of Rs.10/- each at an issue price of Rs. 46 per equity share aggregating upto Rs. 24.29 Crore is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.04% and 25.66% respectively of the post-issue paid-up equity share capital of the company.Price Band: Rs. 43/- to Rs. 46/- per equity share of face value of Rs. 10/- each.The floor price is 4.30 times of the face value and the cap price is 4.60 times of the face value of the equity shares. Bids can be made for a minimum of 6000 equity shares and in multiples of 3000 equity shares thereafter.

Accord Transformer & Switchgear Ltd IPO FAQs

What is the issue size of Accord Transformer & Switchgear Ltd IPO?

The issue size of Accord Transformer & Switchgear Ltd IPO is ₹ 26 crore.

What is 'pre-apply' for Accord Transformer & Switchgear Ltd IPO?

'Pre-apply' lets you place your IPO application before the official opening date.

If I pre-apply for Accord Transformer & Switchgear Ltd IPO, when will my order get placed?

Your order will be placed automatically once the IPO opens for subscription.

When will I know if my Accord Transformer & Switchgear Ltd IPO order is placed?

You'll get a confirmation via SMS/email once your IPO order is successfully placed.

What are the open and close dates of the Accord Transformer & Switchgear Ltd IPO?

The IPO opens on 23 Feb and closes on 25 Feb.

What is the lot size and minimum order quantity of the Accord Transformer & Switchgear Ltd IPO?

The minimum order is 1 lot, which consists of 6000.00 shares.

What is the allotment date for the Accord Transformer & Switchgear Ltd IPO?

The allotment is expected on 26 Feb.

Who is the registrar of the Accord Transformer & Switchgear Ltd IPO?

KFin Techologies Ltd is the registrar for this IPO.

Where is the Accord Transformer & Switchgear Ltd IPO getting listed?

It will be listed on BSE.