Search or Ask Iris
Ctrl+K
Welcome to Multibagg AI
Log in to access personalized features
Welcome to Multibagg AI
Log in to access personalized features
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Accord Transformer & Switchgear Limited is an established firm specializing in the design, engineering, and manufacturing of a wide array of electrical equipment. The company's product portfolio includes power and distribution transformers, control panels, compact substations, and EV charging solutions, catering to sectors like power transmission, renewable energy, and infrastructure. Operating from two manufacturing facilities in Rajasthan, Accord Transformer & Switchgear Limited is supported by advanced machinery and in-house testing labs, holding ISO certifications for quality, environmental, and safety management systems. The company has also formed strategic partnerships with global leaders like Schneider Electric and Lucy Electric to enhance its technological capabilities.
Feb 23, 2026
Feb 25, 2026
Mar 02, 2026
SME
Upcoming
—
25.59 Cr
0 Cr
₹43 - ₹46
3000
The main objectives of the issue are to utilize the net proceeds for the following purposes:
Funding capital expenditure requirements towards the purchase of new machinery and equipment, including a Vapour Phase Drying Plant and an Integrated Transformer Test System, to enhance manufacturing and testing capacities and support entry into new business segments.
Funding the working capital requirements of the company to support the execution of an increased volume of orders, manage higher inventory levels, and meet other operational needs.
To meet general corporate purposes, which may include strategic initiatives, brand building, marketing activities, and meeting unforeseen business exigencies.
11.41
4.03
12.67%
14.52%
11.91%
—
6.44%
10.19%
2.82
Strong position serving well-defined, niche markets with specialized products like power transformers, control panels and charging stations.
In-house R&D center and advanced manufacturing capabilities allow offering highly customized solutions.
Modern production plants with specialized machines enhance product precision and operational efficiency.
ISO certifications (ISO 9001, ISO 14001, ISO 45001) ensure high-quality products and environment-friendly practices.
Over-reliance on niche sectors may limit market diversification and expose the company to market volatility in specific segments.
Compared to global giants, the company is less known internationally, which may limit opportunities in large international markets.
Current manufacturing capacity may limit the ability to handle very large-scale orders, although expansion plans are underway.
Expanding solar and renewable energy segments provide increasing demand for solar transformers and inverter-duty transformers.
Pan-India development of EV charging stations aligns with government push towards electric mobility, offering substantial market potential.
Further collaborations with global technology leaders can accelerate technology transfer, product innovation, and market access.
New facilities planned in NCR with the capability to manufacture up to 220kV, 315MVA power transformers position the Company for large-scale growth.
Competition from large global and domestic players in transformer, switchgear, and control panel manufacturing can exert pricing and margin pressure.
Changes in electrical, environmental, and safety regulations could increase compliance costs or require rapid adaptation.
A slowdown in industrial activity or infrastructure investments, especially in the power sector, may reduce order inflow.
Dependence on raw materials and imported components exposes the Company to global supply chain disruptions and price volatility.
Accord Transformer & Switchgear Limited is an established firm specializing in the design, engineering, and manufacturing of a wide array of electrical equipment. The company's product portfolio includes power and distribution transformers, control panels, compact substations, and EV charging solutions, catering to sectors like power transmission, renewable energy, and infrastructure. Operating from two manufacturing facilities in Rajasthan, Accord Transformer & Switchgear Limited is supported by advanced machinery and in-house testing labs, holding ISO certifications for quality, environmental, and safety management systems. The company has also formed strategic partnerships with global leaders like Schneider Electric and Lucy Electric to enhance its technological capabilities.
The Accord Transformer & Switchgear Ltd. IPO is scheduled to open for subscription on Feb 23, 2026 and close on Feb 25, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Accord Transformer & Switchgear Ltd. IPO is ₹43 to ₹46. Investors can place bids within this range once the issue opens.
The minimum lot size for the Accord Transformer & Switchgear Ltd. IPO is 3000 shares. The minimum investment amount ₹1,38,000.
The total issue size of the Accord Transformer & Switchgear Ltd. IPO is will be disclosed closer to the issue opening. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Accord Transformer & Switchgear Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Accord Transformer & Switchgear Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Accord Transformer & Switchgear Ltd. are expected to list on stock exchanges on Mar 02, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Accord Transformer & Switchgear Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds for the following purposes:, Funding capital expenditure requirements towards the purchase of new machinery and equipment, including a Vapour Phase Drying Plant and an Integrated Transformer Test System, to enhance manufacturing and testing capacities and support entry into new business segments., Funding the working capital requirements of the company to support the execution of an increased volume of orders, manage higher inventory levels, and meet other operational needs., To meet general corporate purposes, which may include strategic initiatives, brand building, marketing activities, and meeting unforeseen business exigencies.
Before applying for the Accord Transformer & Switchgear Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
