Accord Transformer & Switchgear IPO – A Promising Entry in Electrical Infrastructure

Accord Transformer & Switchgear Limited, a leading name in India’s electrical power equipment industry, has filed its Draft Red Herring Prospectus (DRHP) for an Initial Public Offering (IPO), marking a significant milestone in the company’s growth journey. The IPO is expected to list the company’s shares on the BSE SME platform, offering investors an opportunity to participate in its expansion story.

About the Company

Founded in 2014 and headquartered in Manesar, Haryana, Accord Transformer & Switchgear Limited has built a strong reputation in the design, engineering, and manufacturing of transformers, switchgear, control panels, and power distribution equipment. With state-of-the-art manufacturing facilities in Rajasthan and Gujarat, the company serves a wide range of sectors including power transmission and distribution, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks.

Accord’s product portfolio spans a comprehensive range of electrical solutions such as distribution transformers, power transformers, specialized dry-type transformers, low and medium-voltage control panels, and packaged substations — all designed for reliability, performance, and compliance with industry standards.

Under the leadership of industry professionals, the company has pursued growth through innovation, quality manufacturing, and a widening customer base across India and international markets.

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