Accord Transformer IPO
IPO Date: 23-25 Feb
Accord Transformer IPO open date is February 23,2026 and the IPO will close on February 25,2026. Accord Transformer Switchgear IPO is a Bookbuilding IPO Issue. The company to raise around ₹26 crores via IPO that comprises fresh issue of ₹25. 59 crores and offer for sale up to. equity shares with face value of ₹10 each. Accord Transformer IPO price band is ₹43 to ₹46 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Price Band
₹46
Listing Exchange
SME
Status
processed
Accord Transformer IPO Details
Accord Transformer IPO Timeline
| Event | Date |
|---|---|
| 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 |
Accord Transformer IPO Market Lot
The Accord Transformer Switchgear IPO minimum market lot is 6,000 shares with ₹2,76,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 6,000 | ₹2,76,000 |
| Retail Maximum | 2 | 6,000 | ₹2,76,000 |
| S-HNI Minimum | 3 | 9,000 | ₹4,14,000 |
| S-HNI Maximum | 7 | 21,000 | ₹9,66,000 |
| B-HNI Minimum | 8 | 24,000 | ₹11,04,000 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor | 15,84,000 Shares |
| QIB (Ex. Anchor) | 10,56,000 Shares |
| NII Shares Offered | 7,92,000 Shares |
| Retail Shares Offered | 18,48,000 Shares |
| Promoter Holding Pre Issue | 1,50,11,289 |
| Promoter Holding Post Issue | 2,05,73,289 |
Anchor Investor Details
| Detail | Value |
|---|---|
| Shares Offered | 15,84,000 Shares |
| Anchor Size | -Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Objects of the Issue
| Purpose | ₹ in Crores |
|---|---|
| Funding of working capital requirements | ₹10.00 |
About Accord Transformer
Set up in 2014, Accord Transformer Switchgear is one of the prominent companies that designs electrical power and distribution equipment. The firm is involved in designing, engineering, manufacturing, and supplying transformers, control panels switchgears. With over 10 years of experience, the firm is serving customers with standard and customised equipment.
Accord Transformer IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹40.81 | ₹39.59 | ₹0.87 | ₹15.82 |
| 2024 | ₹48.60 | ₹46.46 | ₹1.61 | ₹26.46 |
| 2025 | ₹79.20 | ₹71.03 | ₹6.05 | ₹59.89 |
| Dec 2025 | — | ₹41.40 | ₹2.91 | ₹41.02 |
Accord Transformer IPO Key Ratios
Check Accord Transformer Switchgear IPO valuations detail like Earning Per Share EPS, PriceEarning PE 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) | ₹4.35 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 28.10% |
| Net Asset Value (NAV) | ₹14.35 |
Peer Comparison
Comparative valuation metrics for Accord Transformer and listed peers including EPS, PE Ratio, RoNW, and NAV.
| 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. |
Promoters & Holding
Promoters of the company:
- Mr. Pradeep Kumar Verma
- Mrs Shalini Singh
Key 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.
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
Registrar Information
Kfin Technologies Ltd.
Phone: 04067162222,04079611000
Registrar identity is sourced from official exchange filings. This platform is not affiliated with the registrar.
Additional Information
| Detail | Value |
|---|---|
| Anchor Bidding Date | 2026 |
| Capital expenditure towards purchase of machinery and equipment | ₹13.03 |
| Dec 2025 | ₹45.29 |
Risk Factors & Important Notices
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Grey Market Premium (GMP)
⚠ Unofficial₹12⚠ unregulated, third-party sentiment — may be inaccurate
Last retrieved: 22 Feb 2026, 6:27 pm
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