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smarten power systems limited
SMENSECLOSED

smarten power systems limited IPO

SMARTENISIN: INE14GK01016
Listed at
144
44.00%

IPO Overview

Smarten power systems limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹100 per share, and retail investors can apply with a minimum investment of ₹2.40 L as per IPO guidelines.
The Smarten power systems limited IPO opens on 7 Jul 2025 and closes on 9 Jul 2025. The IPO allotment is expected to be finalized on 10 Jul 2025, and the equity shares are proposed to be listed on NSE on 14 Jul 2025.
Investors can refer to the Smarten power systems limited IPO RHP-DRHP for detailed information. The issue is managed by Arihant Capital Markets Ltd as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.

Price Band
₹100
Issue Size
TBA
Lot Size
1200Min 2 Lots
P/E Ratio
14.88x
Min Investment
₹2.40 L

About Company

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.

Investment Objective

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

Important Dates

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

Financial Performance

Loading chart...

IPO Lot Size

CategoryLotsSharesAmount
S-HNI (Min)22,400₹2,40,000
S-HNI (UPI)44,800₹4,80,000
S-HNI (Max)89,600₹9,60,000
B-HNI (Min)910,800₹10,80,000
DHRP Document

Issue Details

Issue Type
BB
Face Value
₹10
Lead Managers
Arihant Capital Markets Ltd
Min Quantity
2,400
Company Promoters
Arun BhardwajRajnish SharmaRavi DuttTirath Singh Khaira.
Website
http://www.smartenpowersystems.com/
Email
cs@smartenpowersystems.com
Phone
0124-2210651
Address
Smarten Power Systems Limited
374,
1st Floor Pace City-2
Sector - 37,
Gurgaon, Haryana, 122001

Registrar

Registrar Name
Maashitla Securities Private Limited
Email
investor.ipo@maashitla.com
Phone
4512179596
Address
451, Krishna Apra Business Square
Netaji Subhash Place
Pitampura, Delhi, 110034
Website
https://maashitla.com/allotment-status/public-issues

Smarten power systems limited IPO is a public issue in which the company offers its equity shares to investors through the stock exchange. The IPO allows retail investors, HNIs, and institutional investors to participate.

The IPO price band of Smarten power systems limited IPO is ₹100 per share, as mentioned in the issue details.

The minimum investment in Smarten power systems limited IPO is ₹240000, based on the minimum lot size applicable for retail investors.

The lot size of Smarten power systems limited IPO is 1200 shares per lot, and applications must be made in multiples of this lot size.

Smarten power systems limited IPO opens on 7 Jul 2025 and closes on 9 Jul 2025, as per the announced IPO schedule.

The Smarten power systems limited IPO subscription status shows how many times the issue has been subscribed across retail, HNI, and institutional categories during the IPO period.

The Smarten power systems limited IPO GMP (Grey Market Premium) today is around ₹undefined, reflecting current grey market activity before listing.

Smarten power systems limited IPO GMP is currently negative, indicating prevailing sentiment in the grey market. GMP may change daily based on demand.

A positive Smarten power systems limited IPO GMP may suggest potential listing interest, while actual listing performance depends on subscription levels and overall market conditions.

From a retail investor perspective, Smarten power systems limited IPO is evaluated based on pricing, lot size, subscription trends, and market sentiment. Investors should assess these factors before applying.

The Smarten power systems limited IPO listing date is expected to be 14 Jul 2025, subject to completion of allotment and exchange procedures.

The expected listing price of Smarten power systems limited shares depends on demand, subscription response, GMP trends, and overall market sentiment at the time of listing.

Smarten power systems limited IPO allotment status can be checked online once the allotment process is completed using PAN, application number, or DP ID details.

Smarten power systems limited IPO is categorized as a SME IPO based on the exchange and issue structure.

Yes, Smarten power systems limited IPO subscription figures and GMP may change during the issue period and before listing due to market activity and investor demand.