Accord Transformer IPO Details
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹43 to ā¹46 Per Share |
| Issue Size | Approx ā¹26Ā Crores |
| Fresh Issue | Approx ā¹26Ā Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Accord Transformer IPO Review & Key Points
- Review:
Accord Transformer & Switchgear IPO Market Lot
The Accord Transformer & Switchgear IPO minimum market lot is 6,000 shares with ā¹2,76,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 6,000 | ā¹2,76,000 |
| Retail Maximum | 2 | 6,000 | ā¹2,76,000 |
| S-HNI Minimum | 3 | 9,000 | ā¹4,14,000 |
| S-HNI Maximum | 7 | 21,000 | ā¹9,66,000 |
| B-HNI Minimum | 8 | 24,000 | ā¹11,04,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 15,84,000 Shares | 28.48% |
| QIB (Ex. Anchor) | 10,56,000 Shares | 18.99% |
| NII Shares Offered | 7,92,000 Shares | 14.24% |
| Retail Shares Offered | 18,48,000 Shares | 33.23% |
Accord Transformer & Switchgear IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | -Shares |
| Anchor Size | -Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Accord Transformer IPO Dates
The Accord Transformer & Switchgear IPO date is February 23, and the close date is February 25. The Accord Transformer IPO allotment will be finalized on February 2,6 and the IPO listing on March 2.
| IPO Open Date: | February 23, 2026 |
| IPO Close Date: | February 25, 2026 |
| Basis of Allotment: | February 26, 2026 |
| Refunds: | February 27, 2026 |
| Credit to Demat Account: | February 27, 2026 |
| IPO Listing Date: | March 2, 2026 |
| IPO Bidding Cut-off Time: | February 25, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Pradeep Kumar Verma and Mrs Shalini Singh.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,50,11,289 | 4.03% |
| Promoter Holding Post Issue | 2,05,73,289 | 2.94% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Capital expenditure towards purchase of machinery and equipment | ā¹13.03 |
| Funding of working capital requirements | ā¹10.00 |
| General corporate purposes | ā¹- |
About Accord Transformer & Switchgear IPO
To be updated soon
Accord Transformer IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹40.81 | ā¹39.59 | ā¹0.87 | ā¹15.82 |
| 2024 | ā¹48.60 | ā¹46.46 | ā¹1.61 | ā¹26.46 |
| 2025 | ā¹79.20 | ā¹71.03 | ā¹6.05 | ā¹59.89 |
| Dec 2025 | ā¹45.29 | ā¹41.40 | ā¹2.91 | ā¹41.02 |
Accord Transformer & Switchgear IPO Valuation – FY2025
Check Accord Transformer & Switchgear IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 28.10% |
| ROCE: | 26.09% |
| EBITDA Margin: | 11.49% |
| PAT Margin: | 7.66% |
| Debt to equity ratio: | 0.55 |
| Earning Per Share (EPS): | ā¹4.35 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.10% |
| Net Asset Value (NAV): | ā¹14.35 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Danish Power Limited | 34.55 | 18.09 | 18.00% | 162.50 | 432.95 Cr. |
| Transformers and Rectifiers (India) Ltd | 7.21 | 34.43 | 17.01% | 42.39 | 2051.08 Cr. |
| Voltamp Transformers Limited | 321.65 | 24.76 | 20.50% | 1,569.24 | 2018.93 Cr. |
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt.Ltd.
Company Address
ccord Transformer & Switchgear Ltd. Address
Unit No. 724, Seventh Floor
Eros Corporate Park, K Block, Sector 2
IMT Manesar, Manesar
Gurgaon, Haryana, 122052
Phone:+91 85274 22944
Email:[email protected]
Website:https://atsgroup.in/
IPO Registrar
Kfin Technologies Ltd.
Phone:04067162222, 04079611000
Email:[email protected]
Website:https://ipostatus.kfintech.com/
Accord Transformer & Switchgear IPO FAQs
What is Accord Transformer & Switchgear IPO?
Accord Transformer & Switchgear IPO is SME IPO. The company is going to raise ā¹26 Crores via IPO. The issue is priced at ā¹43 to ā¹46 per equity share. The IPO is to be listed on BSE.
When Accord Transformer & Switchgear IPO will open for subscription?
The IPO is to open on February 23, 2026 for QIB, NII, and Retail Investors. The IPO will close on february 25, 2026.
What is Accord Transformer & Switchgear IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Accord Transformer & Switchgear IPO?
You can apply for Accord Transformer & Switchgear IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Accord Transformer & Switchgear IPO Issue Size?
Accord Transformer & Switchgear IPO issue size is ā¹25.59 crores.
What is Accord Transformer & Switchgear IPO Price Band?
Accord Transformer & Switchgear IPO Price Band is ā¹43 to ā¹46.
What is Accord Transformer & Switchgear IPO Lot Size?
The minimum bid is 6000 Shares with ā¹2,76,000 amount.
What is the Accord Transformer & Switchgear IPO Allotment Date?
Accord Transformer & Switchgear IPO allotment date is February 26, 2026.
What is the Accord Transformer & Switchgear IPO Listing Date?
Accord Transformer & Switchgear IPO listing date is March 2, 2026. The IPO is to list on BSE.
Note: The Accord Transformer & Switchgear IPO price band and date are officially announced. The (Accord Transformer & Switchgear IPO grey market premium) will be added to the IPO GMP page as it will start).
