Smarten Power Systems Limited IPO
NSE SMEListed On: Jul 14, 2025 at ₹ 144.0
₹ 240000 /2400 Shares
*Min Investment
07 Jul, 2025
Open Date09 Jul, 2025
Close Date10 Jul, 2025
Allotment Date14 Jul, 2025
Listing DateSmarten Power Systems IPO Issue Details
- Issue Price ₹100 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 50,00,400 shares(aggregating up to ₹50 crore)
- Fresh Share 37,50,000 shares(aggregating up to ₹37.5 crore)
- Offer For Sale 9,99,600 shares(aggregating up to ₹10 crore)
- Listing at NSE SME
- List Price 144.0
- Listing Date 2025-07-14
- Lead Manager Arihant Capital Markets Ltd
- Registrar Maashitla Securities Private Limited
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2400 | ₹2,40,000 |
| Retail(max) | 2 | 2400 | ₹2,40,000 |
| NII (min) | 3 | 3,600 | ₹3,60,000 |
Smarten Power Systems IPO Reservation
Smarten Power Systems IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Smarten Power Systems IPO Details
Smarten Power Systems Limited IPO is an SME IPO, priced at ₹100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 50,00,400 equity shares, aggregating up to ₹50 crores..
The IPO bidding window is open from Jul 7, 2025 to Jul 9, 2025. The allotment is expected to be finalized on Jul 10, 2025, and the tentative listing date is Jul 14, 2025.
The minimum lot size for Retail investors is 2400 shares, with a minimum investment of ₹2,40,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,60,000.
Arihant Capital Markets Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and
Smarten Power Systems IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 23,74,800 | 23,74,800 | 47,49,600 |
Day 1 07-07-25 06:00 PM | 0.00 x | 0.22 x | 0.11 x |
Day 2 08-07-25 06:00 PM | 1.13 x | 0.68 x | 0.91 x |
Day 3 09-07-25 06:00 PM | 6.31 x | 4.66 x | 5.51 x |
Smarten Power Systems Valuations
Smarten Power Systems Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 97.24 | N/A | N/A |
| Revenue | 203.20 | N/A | N/A |
| Profit After Tax | 12.77 | N/A | N/A |
| Net Worth | 38.54 | N/A | N/A |
| Reserves & Surplus | 23.54 | N/A | N/A |
| Total Borrowing | 16.59 | N/A | N/A |
About Smarten Power Systems Company
Established in 2014, Smarten Power Systems Limited develops and manufactures power backup and solar products such as Home UPS systems, solar inverters, power conditioning units, and charge controllers, and deals with solar panels and batteries.
The Company is present in 23 states and two union territories in India, and has an international presence in 17 countries across the Middle East, Africa, and South Asia.The company manufactures and markets products under the SMARTEN brand and registered patent.
The company boasts a portfolio of 372 SKUs in six categories: home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries.The Company has a network of 382 distributors and 52 service centers for after-sales service.
Products:
Home UPS Systems
Solar Inverters / Solar Power Conditioning Units (PCUs)
Solar Charge Controllers
Solar Panels
Inverter Batteries
As of May 31, 2025, there are 252 department employees in the company
Smarten Power Systems - Promoter(s)
Arun Bhardwaj
Rajnish Sharma
Ravi Dutt
Tirath Singh Khaira
Pre Issue Share Holding : 91.67%
Post Issue Share Holding : 67.10%
Smarten Power Systems IPO - Issue Objectives
Purchase of movable assets of the production line of battery manufacturing unit
To meet the working capital requirements
Repayment in full or in part, of the outstanding borrowings
Funding capital expenditure requirements
General corporate purposes
Contact Details
Smarten Power Systems
374, 1st Floor Pace City-2, Sector - 37, Gurgaon, Haryana, 122001
0124-2210651
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Smarten Power Systems IPO - FAQs
Ans. Smarten Power Systems Limited IPO is a SME IPO. The issue is priced at ₹100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 7, 2025, and closes on Jul 9, 2025. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Smarten Power Systems Limited IPO opens on Jul 7, 2025 and closes on Jul 9, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Smarten Power Systems Limited IPO is 50,00,400 shares(aggregating up to ₹50.00 Cr).
Ans. The Smarten Power Systems Limited IPO price band is set between ₹100 per equity share.
Ans. To apply for Smarten Power Systems Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Smarten Power Systems Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Smarten Power Systems Limited IPO is Jul 10, 2025.
Ans. The Smarten Power Systems Limited IPO will be listed on Jul 14, 2025.
Ans. Follow the steps to check the Smarten Power Systems Limited IPO allotment status online.
