BSE List Price : ₹50.00

subscription

Category	Times
QIBs	153.01x
HNIs	606.38x
Retail	367.59x
Total : 357.45x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	6,000	₹276,000
Retail Maximum	2	6,000	₹276,000
S-HNI Minimum	3	9,000	₹414,000
S-HNI Maximum	7	21,000	₹966,000
B-HNI Minimum	8	24,000	₹1,104,000

About the Company

Founded in 2014, Accord Transformer & Switchgear is a well-established company engaged in the design of electrical power and distribution equipment. The company undertakes the designing, engineering, manufacturing, and supply of transformers, control panels, and switchgears. With more than a decade of experience, it caters to customer requirements by providing both standard and customised solutions.
Its products primarily serve multiple sectors, including power transmission and distribution, renewable energy, industrial applications, infrastructure developments, and electric vehicle (EV) charging networks. The company operates two manufacturing units located in Bhiwadi, Rajasthan. These facilities are equipped with advanced machinery such as plasma cutting systems, foil winding machines, shot blasting equipment, and painting booths, enabling the company to develop critical power system solutions.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹40.81	₹39.59	₹0.87	₹15.82
2024	₹48.60	₹46.46	₹1.61	₹26.46
2025	₹79.20	₹71.03	₹6.05	₹59.89
Dec 2025	₹45.29	₹41.40	₹2.91	₹41.02

Company Promoter

Mr. Pradeep Kumar Verma

Mrs Shalini Singh

Know before investing

• • Strengths

  Experienced Promoters with industry expertise: The promoters have extensive technical know-how and deep industry experience, which supports efficient operations, strong customization capabilities, and the ability to achieve scalable growth.

  In-house manufacturing capabilities: The presence of advanced machinery and integrated testing facilities ensures consistent quality, improves cost efficiency, and allows greater control over production schedules.

• • Risks

  Lease dependency risk: One of the manufacturing facilities is located on leased premises, and any termination or failure to renew the lease may disrupt operations and adversely impact production capacity.

  Stringent performance commitments: Inability to comply with agreed delivery timelines or required quality standards could result in penalties, cancellation of orders, or warranty-related claims.

Objects of the Issue & Utilisation of proceeds

Capital expenditure towards purchase of machinery and equipment.
Funding of working capital requirements.
General corporate purposes.

Company  Address

ccord Transformer & Switchgear Ltd. Address
Unit No. 724, Seventh Floor
Eros Corporate Park, K Block, Sector 2
IMT Manesar, Manesar
Gurgaon, Haryana, 122052
Phone:+91 85274 22944
Email:compliance@atsgroup.in
Website:https://atsgroup.in/

IPO Registrar

Kfin Technologies Ltd.
Phone:04067162222, 04079611000
Email:accord.ipo@kfintech.com
Website:https://ipostatus.kfintech.com/

IPO Review

May Apply