Accord transformer and switchgear limited IPO Overview
Accord transformer and switchgear limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹26 Cr. The IPO price band is set at ₹43 to ₹46 per share, and retail investors can apply with a minimum investment of ₹2.76 L as per IPO guidelines.
The Accord transformer and switchgear limited IPO opens on 23 Feb 2026 and closes on 25 Feb 2026. The IPO allotment is expected to be finalized on 26 Feb 2026, and the equity shares are proposed to be listed on BSE on 2 Mar 2026.
Investors can refer to the Accord transformer and switchgear limited IPO RHP-DRHP for detailed information. The issue is managed by GYR Capital Advisors Pvt.Ltd. as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About accord transformer and switchgear limited
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.
Investment Objective
Funding of working capital requirements
General corporate purposes
Total