Accord Transformer & Switchgear SME IPO Details, Financials, Valuation & Peers
Explore Accord Transformer & Switchgear SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Accord Transformer & Switchgear Ltd. is a company specializing in the design, engineering, manufacturing, and supply of power and distribution equipment.
The company's core business revolves around providing a wide range of electrical solutions including transformers, control panels, and switchgear.
Accord Transformer & Switchgear Ltd. serves diverse sectors such as power transmission and distribution, renewable energy, industrial operations, infrastructure development, and EV charging infrastructure.
Key highlights include:
- Over a decade of industry experience.
- Capability to handle both standard and customized requirements.
- Operations include two advanced manufacturing units in Bhiwadi, Rajasthan.
- Facilities feature modern machinery and in-house testing capabilities.
- An integrated infrastructure supports end-to-end design, manufacturing, testing, and delivery.
Objects of the Issue
- Capital expenditure towards purchase of machinery and equipment
- Funding of working capital requirements
- General corporate purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 23 Feb - 25 Feb 2026 |
| IPO Price Band | ₹43 - ₹46 per share |
| Fresh Issue | 24.29 Cr |
| Offer For Sale | NIL |
| Total IPO Size | 24.29 Cr |
| Face Value | 10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 23 Feb 2026 |
| IPO Closing Date | 25 Feb 2026 |
| Basis Of Allotment | 26 Feb 2026 |
| Refunds | 27 Feb 2026 |
| Demat Transfer | 27 Feb 2026 |
| IPO Listing Date | 02 Mar 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|
| Assets | 15.82 | 26.46 | 59.89 | 41.02 |
| Total Income | 40.81 | 48.60 | 79.20 | 45.29 |
| Profit After Tax | 0.87 | 1.61 | 6.05 | 2.91 |
| EBITDA | 1.54 | 2.67 | 9.10 | 4.62 |
| NET Worth | 4.43 | 6.04 | 21.54 | 24.45 |
| Reserves and Surplus | 4.18 | 5.79 | 21.25 | 9.44 |
| Total Borrowing | 2.30 | 9.13 | 11.81 | 4.37 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Accord Transformer & Switchgear | 10.57 | 4.35 | 28.1% | 14.35 |
| Voltamp Transformers | 23.04 | 321.65 | 20.5% | 1569.24 |
| Transformers and Rectifiers (India) | 74.04 | 7.21 | 17.01% | 42.39 |
| Danish Power | 25.53 | 34.55 | 18% | 162.5 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 26,40,000 (47.46%) |
| Non-Institutional Investor (NII/HNI) | 7,92,000 (14.24%) |
| Retail Individual Investor (RII) | 18,48,000 (33.23%) |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1.08 |
| Non-Institutional Investor (NII/HNI) | 49.47 |
| Retail Individual Investor (RII) | 59.74 |
| Total | 40.78 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- GYR Capital Advisors Pvt.Ltd.
Company Address
Accord Transformer & Switchgear Ltd.
Unit No. 724, Seventh Floor
Eros Corporate Park, K Block, Sector 2
IMT Manesar, Manesar
Gurgaon, –122052
Website:https://atsgroup.in/
Phone:+91 85274 22944
Email:compliance@atsgroup.in
FAQs
- What is the issue size of the Accord Transformer & Switchgear SME IPO?The Accord Transformer & Switchgear SME IPO has an issue size of 24.29 Cr. This includes a fresh issue of 24.29 Cr and an offer for sale (OFS) of NIL.
- What is the price band of the Accord Transformer & Switchgear IPO?The price band for the Accord Transformer & Switchgear IPO is ₹43 - ₹46 per share.
- What are the bidding dates for the Accord Transformer & Switchgear IPO?The Accord Transformer & Switchgear IPO will open for bidding on 23 Feb 2026 and close on 25 Feb 2026.
- What is the allotment date for the Accord Transformer & Switchgear IPO?The allotment date for the Accord Transformer & Switchgear IPO is 26 Feb 2026.
- What is the minimum lot size and investment required for the Accord Transformer & Switchgear IPO?The minimum lot size for the Accord Transformer & Switchgear IPO is 3000 shares and the minimum investment required is ₹1,38,000.
- What is the listing date for the Accord Transformer & Switchgear IPO?The listing date for the Accord Transformer & Switchgear IPO is 02 Mar 2026.
- What is the Accord Transformer & Switchgear IPO grey market premium?The grey market premium (GMP) for the Accord Transformer & Switchgear IPO is currently at ₹8, with an expected listing gain of approximately 17.39%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.