Accord Transformer & Switchgear Ltd.
Grey Market Premium*
UPDATED: 25-Feb-2026Upper band ₹46
* GMP indicative only. Not investment advice.
GMP sourced from IPO Premium
Subscription Status
| Category | Offered | Bids | Times (x) |
|---|---|---|---|
| Total | - | - | - |
Financial Performance
Figures in ₹ Crores unless specified
| Metric | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 41 | 59.9 | 26.5 | 15.8 |
| Total Income | - | - | - | - |
| PAT | 2.9 | 6.1 | 1.6 | 0.9 |
| EBITDA | 4.6 | 9.1 | 2.7 | 1.5 |
| Net Worth | 24.5 | 21.5 | 6 | 4.4 |
| Reserves | - | - | - | - |
| Total Borrowing | - | - | - | - |
Key Performance Indicators
| KPI | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE (%) | 12.67 | 43.9 | 30.69 |
| ROCE (%) | 14.52 | 26.09 | 16.47 |
| EPS (₹) | 1.94 | 4.35 | 1.26 |
| P/E (Pre) | - | - | - |
| P/E (Post) | - | - | - |
IPO Details
Dates
IPO Open
23 Feb 2026
IPO Close
25 Feb 2026
Allotment
26 Feb 2026
Listing
02 Mar 2026
Lot Size & Investment Limits
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 6000 | 276000 |
| sHNI | 3 | 9000 | 414000 |
| bHNI | 8 | 24000 | 1104000 |
Peer Comparison
| Company | CMP (₹) | P/E Ratio | ROE (%) |
|---|---|---|---|
| Danish Power | 625.1 | 18.09 | -% |
| Transformers and Rectifiers (India) | 248.25 | 34.43 | -% |
| Voltamp Transformers | 7,964.4 | 24.76 | -% |
| Accord Transformer & Switchgear Ltd | 46 | 11.41 | -% |
About Accord Transformer & Switchgear Ltd.
Company Information
Registered Address
Unit No. 724, Seventh Floor, Eros Corporate Park, K Block, Sector 2, IMT Manesar, Gurgaon, Haryana, 122052
Lead Managers
- GYR Capital Advisors Private Limited
Market Maker
Giriraj Stock Broking
Company Strengths
- ✓Experienced promoters with strong domain expertise
- ✓In-house manufacturing and testing capabilities
- ✓Established customer relationships across power and infrastructure sectors
Key Risks
- ⚠Lease dependency risk for manufacturing unit
- ⚠Strict contractual performance obligations
- ⚠Customer concentration risk
Objects of the Issue
Grey Market Premium*
UPDATED: 25-Feb-2026Upper band ₹46
* GMP indicative only. Not investment advice.
GMP sourced from IPO Premium
Subscription Status
| Category | Offered | Bids | Times (x) |
|---|---|---|---|
| Total | - | - | - |
Registrar Contact
KFin Technologies Limited
Disclaimer
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