Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Accord Transformer
Price Band
₹43.0–46.0
Issue Size
₹25.59 Cr
Lot Size
3,000 shares
Min Investment
₹276,000
GMP
+₹4.0 (8.7%)
Issue Price
₹46.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
+₹4.0
GMP %
+8.7%
Est. Listing
₹50.0
schedule Updated: 14 Jul 2026 15:52
Share GMP:
business About the Company
Accord Transformer & Switchgear Ltd. is a well-established company specializing in the design, engineering, manufacturing, and supply of a wide range of power and distribution equipment. With more than a decade of industry experience, the company serves both standard and customized requirements across diverse sectors such as power transmission and distribution, renewable energy, industrial operations, infrastructure development, and EV charging infrastructure. Product Offerings Accord Transformer & Switchgear Ltd. delivers an extensive portfolio of electrical solutions, categorized as follows: 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 Specialized Transformers – Including solar transformers, wind inverter-duty transformers, and furnace-duty transformers Control Panels & Switchgear Low-Voltage (LV) Control Panels, LV Switchboards, and APFC Panels Medium-Voltage (MV) panels and Vacuum Circuit Breaker (VCB) panels Industrial control panels Customized Prisma Set control panels developed in association with Schneider Electric Package substations, bus ducts, cable trays, and allied switchgear systems Manufacturing & Infrastructure The company operates two advanced manufacturing units in Bhiwadi, Rajasthan, while its registered office is located in Manesar, Haryana. The facilities are equipped with modern machinery and in-house testing capabilities, including plasma cutting machines, foil winding systems, shot blasting chambers, painting booths, and dedicated testing laboratories. This integrated infrastructure enables the company to design, manufacture, test, and deliver reliable and high-performance power systems.
payments Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 41.02 | 59.89 | 26.46 | 15.82 |
| Total Income | 45.29 | 79.20 | 48.60 | 40.81 |
| Profit After Tax | 2.91 | 6.05 | 1.61 | 0.87 |
| EBITDA | 4.62 | 9.10 | 2.67 | 1.54 |
| NET Worth | 24.45 | 21.54 | 6.04 | 4.43 |
| Reserves and Surplus | 9.44 | 21.25 | 5.79 | 4.18 |
| Total Borrowing | 4.37 | 11.81 | 9.13 | 2.30 |
Key Ratios
EPS
₹4.03
NAV
₹14.35
ROE
43.90%
ROCE
26%
RoNW
28.10%
P/B Value
3.21
P/E Ratio
11.41
Market Cap
₹94.64 Cr
PAT Margin
7.66%
Debt/Equity
0.55
Promoters
Pradeep Kumar Verma and Shalini Singh
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital expenditure towards purchase of machinery and equipment 13.03 2 Funding of Working Capital Requirements 10.00 3 Issue Expenses 2.56 Total 25.59
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
23 Feb 2026
Close
25 Feb 2026
Allotment
26 Feb 2026
Listing
02 Mar 2026