Accord Transformer & Switchgear SME IPO Details

Accord Transformer & Switchgear Ltd, founded on 20 June 2014 in Manesar, Haryana, launched its IPO on 23 February 2026, closing on 25 February with listing slated for 2 March on BSE SME at a price band of ₹43-₹46 per share. The firm designs, engineers, and manufactures transformers, switchgear, panels, and substations for power distribution, renewables, and infrastructure. With manufacturing in Rajasthan and a corporate office in Gurugram, it holds a strong pan-India presence via ISO-certified facilities and custom solutions.

Accord Transformer & Switchgear is an Indian company engaged in the manufacturing of electrical equipment, primarily focusing on transformers and switchgear solutions. The company was established with the aim of catering to the growing power distribution and transmission needs in India. Over the years, it has built technical expertise and operational capabilities, supplying products to utilities, infrastructure projects, and industrial clients. The promoters are experienced professionals with a strong background in the electrical engineering and power sector.

The company’s product portfolio includes various types of transformers and switchgear equipment designed for efficient power management and safety. Its business model revolves around manufacturing, project-based supply, and customised solutions as per client requirements. Accord Transformer & Switchgear maintains a presence across multiple states in India, serving both government and private sector clients, while focusing on quality standards, timely execution, and long-term client relationships.