Smarten Power Systems Limited IPO

NSE SME

Offer Date: Jul 7, 2025 - Jul 9, 2025

₹ 120000 /1200 Shares

Smarten Power Systems IPO Details

07 Jul, 2025

Open Date

09 Jul, 2025

Close Date

10 Jul, 2025

Allotment Date

14 Jul, 2025

Listing Date

Issue Price

₹100 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

Market Lot

Individual(Retail)(Min) : 2400 Shares (₹240,000/-)
Individual(Retail)(Max) : 2400 Shares (₹240,000/-)
HNI(Min) : 3600 Shares (₹360,000/-)

Lead Manager

Arihant Capital Markets Ltd

Issue Size

50,00,400 shares(aggregating up to ₹50.00 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP RHP

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 Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

ROE

ROCE

Debt/Equity

RoNW

PAT Margin

Price to Book Value

Smarten Power Systems Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 91.67%

Post Issue Share Holding: 67.10%

Company Promoter(s)

Arun Bhardwaj
Rajnish Sharma
Ravi Dutt
Tirath Singh Khaira

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

Other Details

Company Contact Details

Smarten Power Systems

374, 1st Floor Pace City-2, Sector - 37, Gurgaon, Haryana, 122001

Phone: 0124-2210651

Email: cs@smartenpowersystems.com

Website: http://www.smartenpowersystems.com/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: Investor.ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

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. The size of Smarten Power Systems Limited IPO is 50,00,400 shares(aggregating up to ₹50.00 Cr).

Ans. The IPO price band is set between ₹100 per equity share.

Ans. To apply for Smarten Power Systems Limited IPO 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 allotment status for Smarten Power Systems Limited IPO here.