Accord Transformer Ipo
Accord Transformer IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
GYR Capital Advisors Pvt.Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 6,000 | ₹2,76,000 |
| Retail Maximum | 2 | 6,000 | ₹2,76,000 |
| S-HNI Minimum | 3 | 9,000 | ₹4,14,000 |
| S-HNI Maximum | 7 | 21,000 | ₹9,66,000 |
| B-HNI Minimum | 8 | 24,000 | ₹11,04,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 15,84,000 Shares | 28.48% |
| QIB (Ex. Anchor) | 10,56,000 Shares | 18.99% |
| NII Shares Offered | 7,92,000 Shares | 14.24% |
| Retail Shares Offered | 18,48,000 Shares | 33.23% |
| Anchor Bidding Date | February 20, 2026 |
| Anchor Investors List | |
| Shares Offered | 15,84,000 Shares |
| Anchor Size | 7.29 Cr. |
| lock-in period end date 50% shares (30 Days) | March 28, 2026 |
| lock-in period end date 50% shares (90 Days) | May 27, 2026 |
| IPO Open Date: | February 23, 2026 |
| IPO Close Date: | February 25, 2026 |
| Basis of Allotment: | February 26, 2026 |
| Refunds: | February 27, 2026 |
| Credit to Demat Account: | February 27, 2026 |
| IPO Listing Date: | March 2, 2026 |
| IPO Bidding Cut-off Time: | February 25, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,50,11,289 | 4.03% |
| Promoter Holding Post Issue | 2,05,73,289 | 2.94% |
| Purpose | Crores |
| Capital expenditure towards purchase of machinery and equipment | ₹13.03 |
| Funding of working capital requirements | ₹10.00 |
| General corporate purposes | ₹- |
| 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 |
| KPI | Values |
| ROE: | 28.10% |
| ROCE: | 26.09% |
| EBITDA Margin: | 11.49% |
| PAT Margin: | 7.66% |
| Debt to equity ratio: | 0.55 |
| Earning Per Share (EPS): | ₹4.35 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.10% |
| Net Asset Value (NAV): | ₹14.35 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Danish Power Limited | 34.55 | 18.09 | 18.00% | 162.50 | 432.95 Cr. |
| Transformers and Rectifiers (India) Ltd | 7.21 | 34.43 | 17.01% | 42.39 | 2051.08 Cr. |
| Voltamp Transformers Limited | 321.65 | 24.76 | 20.50% | 1,569.24 | 2018.93 Cr. |
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹43 to ₹46 Per Share |
| Issue Size | Approx ₹26 Crores |
| Fresh Issue | Approx ₹26 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |