IPO Ideas
Smarten Power Systems Limited IPO logo

Smarten Power Systems Limited IPO

BBSMENSEListed
Listed at
144
+44.00%

Smarten Power Systems Limited IPO is a SME book building IPO. Price band is ₹100 per share. Minimum investment is ₹2.40 L. Lot size is 1200 shares. Open from 7 Jul 2025 to 9 Jul 2025. Allotment on 10 Jul 2025. Listing on 14 Jul 2025 at NSE. Managed by Arihant Capital Markets Ltd. Registrar: Maashitla Securities Private Limited. Key details for GMP, subscription, price, allotment, and listing in one place.

Official documents:DRHP.

Smarten Power Systems Limited IPO overview

Smarten Power Systems Limited IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹100
Lot size
1200 shares / lot
Min investment
₹2,40,000
Issue open – close
7 Jul 2025 → 9 Jul 2025

Smarten Power Systems Limited IPO important dates

Issue Opens
7 Jul 2025
Issue Closes
9 Jul 2025
Allotment
10 Jul 2025
Listing
14 Jul 2025

Smarten Power Systems Limited IPO lot size

CategoryLotsSharesAmount
Retail (Min)22,4002,40,000
S-HNI (Min)33,6003,60,000
S-HNI (UPI)44,8004,80,000
S-HNI (Max)89,6009,60,000
B-HNI (Min)910,80010,80,000

About Smarten Power Systems Limited IPO

From the company / RHP narrative.

Incorporated in 2014, Smarten Power Systems Limited designs and assembles power backup and solar products, including Home UPS systems, solar inverters, power conditioning units, and charge controllers, and trades solar panels and batteries.

The Company operates in 23 states and two union territories in India and has a global presence in 17 countries, including the Middle East, Africa, and South Asia.

The company assembles and trades products under the SMARTEN brand and its registered patent.

The company has a portfolio of 372 SKUs across six categories: home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries.

The Company operates with a network of 382 distributors and 52 service centers for after-sales support. 

Products:

Home UPS Systems
Solar Inverters / Solar Power Conditioning Units (PCUs)
Solar Charge Controllers
Solar Panels
Inverter Batteries

As of May 31, 2025, the company has 252 department employees.

Competitive Strength:

Innovative Product Range and Technological Advancements.
Strong Research and Development (R&D) Capabilities.
Extensive Distribution and After-Sales Service Network.
Vendor Relationships and Supply Chain Efficiency.
Experienced Leadership and Operational Expertise.

Objective of the issue

How the issuer plans to use IPO proceeds.

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
Smarten Power Systems Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.

Documents & links

Prospectus, draft filings, and company site open in a new tab.

Registrar

Details about the registrar of the issue.

Registrar Name
Maashitla Securities Private Limited
Phone
4512179596
Address
451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
10
Lead Managers
Arihant Capital Markets Ltd
Min Quantity
2,400
Company Promoters
Arun Bhardwaj,Rajnish Sharma,Ravi Dutt,Tirath Singh Khaira.
Phone
0124-2210651
Address
Smarten Power Systems Limited 374, 1st Floor Pace City-2 Sector - 37, Gurgaon, Haryana, 122001

Related articles

Research posts and updates that reference this company or theme.

Follow IPO & unlisted research in the app, available on iOS and Android.