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Smarten Power Systems Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹100
Issue Price
₹100
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹100
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹120,000
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 Jul 2025
Mon Completed
Done
Close Date
09 Jul 2025
Wed Completed
Done
Allotment
10 Jul 2025
Thu Completed
Done
Refund
11 Jul 2025
Fri Completed
Done
Demat Credit
11 Jul 2025
Fri Completed
Done
Listing Date
14 Jul 2025
Mon Completed
UPI Deadline: 09 Jul 2025
Issue Details
Pricing & Size
Issue Price
₹100 Face ₹10
Lot Size
1,200 shares
Min Investment
₹120,000
Total Issue Size
50,00,400 shares (aggregating up to ₹50.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,50,800 (5.02%)
QIB Portion
-
NII / HNI
23,74,800 (47.49%)
Retail
23,74,800 (47.49%)
Employee
-
Net Offer to Public
47,49,600 shares (aggregating up to ₹47.50 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,50,00,000 shares
Post-Issue Shareholding
1,90,00,800 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2400 ₹2,40,000
HNI / NII 3 3600 ₹3,60,000
Objects of Issue
5 objectives
1
1 Purchase of movable assets of the production line of battery manufacturing unit
4.19 Cr
2
2 To meet the working capital requirements
22.00 Cr
3
3 Repayment in full or in part, of the outstanding borrowings
0.95 Cr
4
4 Funding capital expenditure requirements
4.46 Cr
5
5 General corporate purposes
4.70 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Arihant Capital Markets Ltd.
Market Maker
Arihant Capital Markets Ltd.
IPO Timeline
Open
07 Jul
✓ Done
Close
09 Jul
✓ Done
Allotment
10 Jul
✓ Done
Listing
14 Jul
✓ Done
Registrar Details
Maashitla Securities Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-11-45121795-96
Email
ipo@maashitla.com
Company Contact
Email
cs@smartenpowersystems.com
Phone
0124-2210651
Address
374, 1st Floor Pace City-2 Sector - 37, Gurgaon, Haryana, 122001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹100
Est. Listing
₹100
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Smarten Power Systems Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹100
GMP
+₹0 (+0%)
GMP Est. Listing
₹100
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 23,74,800 (47.49%) ₹2,374.80 Cr
Retail Investors 23,74,800 (47.49%) ₹2,374.80 Cr
Total ** 50,00,400 (100.00%) ₹50,004.00 Cr
Market Maker * 2,50,800 (5.02%) ₹25.08 Cr
* Based on ₹100.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
23,74,800 (47.49%)
Retail
23,74,800 (47.49%)
Market Maker
2,50,800 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount In Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue203.20198.73186.06
PAT12.7711.295.16
EBITDA16.9213.541.86
Net Worth38.5425.7714.48
Total Assets97.2479.2876.01
Reserves23.5424.7713.48
Borrowings16.596.684.13
Key Financial Ratios
39.72%
ROE
Return on Equity
32.58%
ROCE
Return on Capital Employed
33.14%
RONW
Return on Net Worth
6.28%
PAT Margin
PAT / Revenue
8.39%
EBITDA Mgn
EBITDA / Revenue
0.43
D/E Ratio
Debt to Equity
3.89
P/BV
Price to Book Value
8.51
Pre EPS
EPS Pre-Issue
6.72
Post EPS
EPS Post-Issue
11.75
Pre P/E
P/E Pre-Issue
14.88
Post P/E
P/E Post-Issue
About Smarten Power Systems Ltd.

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.
Frequently Asked Questions
What is the issue price of Smarten Power Systems Ltd. IPO?
The issue price of Smarten Power Systems Ltd. IPO is ₹100 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹120,000.
What are the IPO dates?
Opens 07 Jul 2025, closes 09 Jul 2025.
When is the listing date?
Tentative listing: 14 Jul 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹100 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Smarten Power Systems Ltd. IPO · Expected 10 Jul 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
10 Jul 2025
Refund Initiation
11 Jul 2025
Demat Credit
11 Jul 2025
Listing Date
14 Jul 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹100
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹100
GMP +₹0
Key Dates
Open
07 Jul Done
Close
09 Jul Done
Listing
14 Jul Done
Registrar
Maashitla Securities Pvt.Ltd.
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