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Open
23 Feb 2026
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Close
25 Feb 2026
3
Allotment
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Listing
Mon, Mar 2, 2026
Price Band
₹43 to ₹46
Issue Size
55,62,000 shares (agg. up to ₹26 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Mar 2, 2026
Latest GMP
₹4
Est. Gain
8.7%
✦ AI Insight
GMP Trend
02-03-2026₹4Est. ₹50+8.7%
01-03-2026₹4Est. ₹50+8.7%
28-02-2026₹4Est. ₹50+8.7%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 248.47x |
Restated Financials (₹ Cr.)
| 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Avana Electrosystems Ltd. | SME | ₹35.22 Cr | ₹59 | 12.4 | ₹80.30 | +36.10% | ₹146.00 (+4.96%) |
| Atlanta Electricals Ltd. | Mainboard | ₹687.34 Cr | ₹754 | 46.33 | ₹823.35 | +9.20% | ₹1,746.00 (+0.21%) |
Objects of the Issue
| # | 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 |
About Accord Transformer & Switchgear IPO
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: 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 Special-Purpose Transformers: Including Solar Transformers, wind inverter duty, and furnace duty transformers. 2. Control Panels & Switchgear: Low-Voltage (LV) Control Panels, LV Control Switchboards, and APFC Panels. Medium-Voltage (MV) / Vacuum Circuit Breaker (VCB) panels. Industrial Panels. Customised Prisma Set control panels (in collaboration with Schneider Electric). Package Substations, Busducts, cable trays, and associ
Contact Details
Accord Transformer & Switchgear Ltd. AddressUnit No.724, Seventh FloorEros Corporate Park, K Block, Sector 2IMT Manesar, ManesarGurugram, Haryana, 122052+91 85274 22944compliance@atsgroup.inVisit Website