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Accord Transformer & Switchgear Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Accord Transformer & Switchgear Ltd IPO

Registered Office: Unit No.724 7th Flr Eros Corp.,Park K Block Sector 2 IMT , Gurgaon - 122052 , Haryana , India.
Phone : +91 85274 22944   Fax:
Email :  compliance@atsgroup.in  
Website :  https://atsgroup.in/
Initial public offer of up to 55,62,000 equity shares of face value (Rs)10/- each (the "Equity Shares") of Accord Transformer & Switchgear Limited ("The Company" or the "Issuer") for cash at an issue price of (Rs)46 per equity share (Including a Securities Premium of (Rs)36 Per Equity Share) ("Issue Price"), aggregating up to (Rs)25.59 Crore (the "Issue") of which upto 2,82,000 equity shares of face value (Rs)10 each aggregating to (Rs)1.30 Crore will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of upto 52,80,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)46 per equity share aggregating upto (Rs)24.29 Crore is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.04% and 25.66% respectively of the post-issue paid-up equity share capital of the company. Price Band: (Rs)43/- to (Rs)46/- per equity share of face value of (Rs)10/- each. The floor price is 4.30 times of the face value and the cap price is 4.60 times of the face value of the equity shares. Bids can be made for a minimum of 6000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Feb-26 25-Feb-26 (Rs)43.00-46.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
GYR Capital Advisors Private Limited
Project Financed through Current Offer 23.92  
Post Issue Equity Share Capital 20.57  
Issue Price (Rs)43.00  
 
Projects
Capital expenditure towards purchase of machinery and equipmentGeneral corporate purposes
Funding of working capital requirements
Promoted By
Pradeep Kumar Verma  
Shalini Singh  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd