Smarten Power Systems Limited IPO
NSE SME Allotment OutOffer Date: Jul 7, 2025 - Jul 9, 2025
Exp. Premium: 5-7 (5%)
₹ 120000 /1200 Shares
Check Allotment*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
07 Jul, 2025
Open Date09 Jul, 2025
Close Date10 Jul, 2025
Allotment Date14 Jul, 2025
Listing DateIssue Price
₹100 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedMarket 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 LtdIssue Size
50,00,400 shares(aggregating up to ₹50.00 Cr)Retail Portion
35%Subscription
5.51 timesSmarten 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 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
EPS Pre IPO
₹8.51/-EPS Post IPO
₹6.72/-P/E Pre IPO
11.75P/E Post IPO
14.88ROE
39.72%ROCE
32.58%Debt/Equity
0.43RoNW
33.14%PAT Margin
6.28%Price to Book Value
5.82Smarten 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%
- 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
Smarten Power Systems
374, 1st Floor Pace City-2, Sector - 37, Gurgaon, Haryana, 122001Maashitla 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.
