Smarten Power Systems IPO is a fixed price of ₹50.00 crores. The issue is a combination of fresh issue of 40.01 lakh shares aggregating to ₹40.01 crores and offer for sale of 10.00 lakh shares aggregating to ₹10.00 crores.
Smarten Power Systems IPO opens for subscription on July 7, 2025 and closes on July 9, 2025. The allotment for the Smarten Power Systems IPO is expected to be finalized on Thursday, July 10, 2025. Smarten Power Systems IPO will be list on NSE SME with a tentative listing date fixed as Monday, July 14, 2025.
Smarten Power Systems IPO price is ₹100 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹2,40,000. The minimum lot size investment for HNI is 3 lots (3,600 shares) amounting to ₹3,60,000.
| IPO Date | July 7, 2025 to July 9, 2025 |
| Listing Date | July 14, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 100 to ₹ -- / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 50,00,400 shares (Aggregating up to ₹50.00 Cr) |
| Fresh Issue | 37,50,000 shares (Aggregating up to ₹37.50 Cr) |
| Offer for Sale | 9,99,600 shares (Aggregating up to ₹10.00 Cr) |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,50,00,000 shares |
| Share holding post issue | 1,90,00,800 shares |
| Market Maker portion | 2,50,800 shares |
Smarten Power Systems Limited IPO opens on July 7, 2025, and closes on July 9, 2025.
| IPO Open Date | July 7, 2025 |
| IPO Close Date | July 9, 2025 |
| Basis of Allotment | July 12, 2025 |
| Initiation of Refunds | July 11, 2025 |
| Credit of Shares to Demat | July 11, 2025 |
| Listing Date | July 14, 2025 |
| Cut-off time for UPI mandate confirmation | July 9, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | |
| Retail (Max) | 2 | 2,400 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 3,600 |
| Share Holding Pre Issue | 91.67% |
| Share Holding Post Issue | 67.10% |
Smarten Power Systems IPO offers total 50,00,400 shares. Out of which - allocated to QIB, 23,74,800 (47.49%) allocated to NII, 23,74,800 (47.49%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,50,800 5.02% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 23,74,800 47.49% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 23,74,800 47.49% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 50,00,400 100% |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Smarten Power Systems Limited was founded in 2014 and creates and builds solar and power backup equipment, such as charge controllers, solar inverters, power conditioning units, and home UPS systems. It also sells solar panels and batteries.
The company is present in 17 countries worldwide, including the Middle East, Africa, and South Asia, and it operates in 23 Indian states and two union territories.
The business uses its registered patent and the SMARTEN trademark to assemble and sell its goods.
In six categories—home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries—the company offers 372 SKUs.
The company has 52 service facilities for post-purchase assistance and a network of 382 distributors.
The market capitalization of Smarten Power Systems IPO is ₹190.01 Cr.
| KPI | Values |
|---|---|
| ROE | 39.72% |
| ROCE | 32.58% |
| Debt/Equity | 0.43 |
| RoNW | 33.14% |
| P/BV | 5.82 |
| PAT Margin (%) | 6.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.51 | 6.72 |
| P/E (x) | 11.75 | 14.88 |
Smarten Power Systems Limited 374, 1st Floor, Pace City-2 Sector - 37, Gurgaon, Haryana, 122001 Phone: 0124-2210651 Email: [email protected] Website: http://www.smartenpowersystems.com/ |
Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |
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