Smarten Power Systems IPO
Smarten Power Systems is an NSE SME IPO listed on the NSE SME platform, priced at ₹100 per share. The stock debuted at ₹144, delivering a listing gain of 44.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
Smarten Power Systems Limited IPO
- IPO Dates
- Jul 7, 2025 – Jul 9, 2025
- Price band
- ₹100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹50 Cr
- Lot size
- 1200
- Allotment Date
- Jul 10, 2025
- Listing
- Jul 14, 2025
- Listing At
- NSE SME
IPO timeline
-
Jul 7, 2025
Open Date
Completed
-
Jul 9, 2025
Close Date
Completed
-
Jul 10, 2025
Allotment Date
Completed
-
Jul 14, 2025
Listing Date
Completed
Smarten Power Systems IPO Essentials
Smarten Power Systems IPO Details
Smarten Power Systems IPO is priced at ₹100 per share with a total issue size of 50 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 50,00,400 shares(aggregating up to ₹50.00 Cr)
- Total issue size
- 50,00,400 shares
(aggregating up to ₹50 crore) - Fresh issue
- 37,50,000 shares
(aggregating up to ₹37.5 crore) - Offer for sale (OFS)
- 9,99,600 shares
(aggregating up to ₹10 crore) - Listing at
- NSE SME
- List price
- 144.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Arihant Capital Markets Ltd
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 reservation details show category-wise allocation of shares. Out of the total 32,64,000 shares, approximately 18.97% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.05% for market maker, and 28.43% for 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 Analytics
Smarten Power Systems IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Smarten Power Systems IPO Subscription Status
Smarten Power Systems IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹8.51/-
- EPS Post IPO
- ₹6.72/-
- P/E Pre IPO
- 11.75
- P/E Post IPO
- 14.88
Returns
- ROE
- 39.72%
- ROCE
- 32.58%
- RoNW
- 33.14%
- PAT Margin
- 6.28%
Fundamentals
- Debt / Equity
- 0.43
- Price / Book
- 5.82
Smarten Power Systems Financials( In Crs.)
| 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 |
Smarten Power Systems Company & Offer Insights
About Smarten Power Systems
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 are the company's promoters of Smarten Power Systems.
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 Information
Contact Details
Smarten Power Systems
0124-2210651
http://www.smartenpowersystems.com/
374, 1st Floor Pace City-2, Sector - 37, Gurgaon, Haryana, 122001
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Smarten Power Systems IPO is a Fixed Priced IPO worth ₹50 crore. The issue price is ₹100 per share (fixed price). The IPO opens on Jul 7, 2025 and closes on Jul 9, 2025. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The issue price of Smarten Power Systems IPO is ₹100 per share (fixed price).
The lot size of Smarten Power Systems IPO is 1200 shares.
The minimum investment for Smarten Power Systems IPO is approximately ₹1,20,000 based on the issue price .
Smarten Power Systems IPO opens on Jul 7, 2025 and closes on Jul 9, 2025.
The allotment date of Smarten Power Systems IPO is Jul 10, 2025.
Smarten Power Systems IPO is expected to be listed on Jul 14, 2025, on NSE SME Platform.
Smarten Power Systems IPO valuation snapshot: P/E 14.88, EPS ₹6.72/-, P/B 5.82, RoNW 33.14%, and market cap N/A.
To apply for Smarten Power Systems IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Smarten Power Systems IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Smarten Power Systems IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Smarten Power Systems IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Smarten Power Systems IPO allotment status on IPO Ji for quick and easy access.