| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 6,000 | ₹2,76,000 |
| HNI / NII | 3 | 9,000 | ₹4,14,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 26,40,000 (47.46%) | — | ₹1,214.40 Cr |
| NII / HNI (Total) | — | 7,92,000 (14.24%) | — | ₹364.32 Cr |
| Retail Investors | — | 18,48,000 (33.23%) | — | ₹850.08 Cr |
| Total ** | — | 55,62,000 (100.00%) | — | ₹25,585.20 Cr |
| Market Maker * | — | 2,82,000 (5.07%) | — | ₹12.97 Cr |
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 45.29 | 79.20 | 48.60 |
| PAT | 2.91 | 6.05 | 1.61 |
| EBITDA | 4.62 | 9.10 | 2.67 |
| Net Worth | 24.45 | 21.54 | 6.04 |
| Total Assets | 41.02 | 59.89 | 26.46 |
| Reserves | 9.44 | 21.25 | 5.79 |
| Borrowings | 4.37 | 11.81 | 9.13 |
Accord Transformer & Switchgear Ltd., incorporated in 2014, is an established company engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment.
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:
2. Control Panels & Switchgear:
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.
Accord Transformer & Switchgear Ltd IPO · Expected 26 Feb 2026
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