IPO market

Smarten Power Systems 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.
Price band and lot size for Smarten Power Systems IPO. Price band is ₹100 per share. Face value is 10. Lot size is 1200 shares. Minimum retail investment from ₹2.40 L.
Official documents:DRHP.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,60,000 |
| S-HNI (UPI) | 4 | 4,800 | ₹4,80,000 |
| S-HNI (Max) | 8 | 9,600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10,800 | ₹10,80,000 |
Pre-filled: Issue Price = ₹100, Lot Size = 1,200 shares, Listing Price = ₹144
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,40,000 | ₹144 | +₹1,05,600 |
| S-HNI (Min) | 3 | ₹3,60,000 | ₹144 | +₹1,58,400 |
| S-HNI (UPI) | 4 | ₹4,80,000 | ₹144 | +₹2,11,200 |
| S-HNI (Max) | 8 | ₹9,60,000 | ₹144 | +₹4,22,400 |
| B-HNI (Min) | 9 | ₹10,80,000 | ₹144 | +₹4,75,200 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.