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Smarten Power Systems Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.100.00
Issue Size:
Rs.50.00 Cr
Lot Size:
65 shares
Open Date:
July 7
Smarten Power Systems Limited IPO Overview
Bidding Dates
July 7 - July 9
Min Investment
₹6,500
Price Range
₹100.00
Issue Size
₹50.00 Cr
IPO DRHP Doc
Company Overview
Founded in 2014, Smarten Power Systems Limited designs and assembles power backup and solar products, including Home UPS systems and solar inverters. The company operates in 23 states and two union territories in India, with a global presence in 17 countries. It assembles and trades products under the SMARTEN brand and holds quality management system certifications, including ISO 9001:2015 and ISO 14001:2015. Smarten has a portfolio of 372 SKUs across six categories and operates a network of 347 distributors and 49 service centers for after-sales support. The company exports products to various countries, including Nigeria and the UAE, and employs 238 department employees as of December 2024.
IPO Timeline
Opens
Jul 7
Closes
Jul 9
Allotment
Jul 10
Refunds
Jul 11
Shares Credit
Jul 11
Listing
Jul 14
Opens
Jul 7
Closes
Jul 9
Allotment
Jul 10
Refunds
Jul 11
Shares Credit
Jul 11
Listing
Jul 14
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 6.31x | Oversubscribed |
| RII (Retail Individual Investors) | 4.66x | Oversubscribed |
| Total Subscription | 5.51x | Oversubscribed |
Last updated: Jul 9, 2025, 06:21 PM
Current GMP:
Rs.0.5
Est. Listing:
Rs.228.5
Est. Gain:
+0.2%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹97.24 Cr | ₹79.28 Cr | ₹76.01 Cr |
| EBITDA | ₹16.92 Cr | ₹13.54 Cr | ₹1.86 Cr |
| Net Worth | ₹38.54 Cr | ₹25.77 Cr | ₹14.48 Cr |
| Profit After Tax | ₹12.77 Cr | ₹11.29 Cr | ₹5.16 Cr |
| Reserves and Surplus | ₹23.54 Cr | ₹24.77 Cr | ₹13.48 Cr |
| Revenue | ₹203.2 Cr | ₹198.73 Cr | ₹186.06 Cr |
| Total Borrowing | ₹16.59 Cr | ₹6.68 Cr | ₹4.13 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Wide product range backed by advanced and efficient solar technologies.
- Strong in-house R&D driving innovation in energy-efficient, smart power solutions.
- Extensive pan-India distribution and service network with strong presence in North India and growing global reach.
- Exports to 18 countries via 31 distributors, with strong presence in Africa and South Asia.
- Tech-enabled after sales service with nationwide reach.
- Diversified vendor network ensures timely, cost-effective procurement and smooth operations.
IPO Details
Smarten Power Systems IPO Details
| Face Value | ₹10 per share |
| Fresh Issue (Ex Market Maker) | 37,50,000 shares (aggregating up to ₹37.50 Cr) |
| IPO Date | July 7, 2025 to July 9, 2025 |
| Issue Price | ₹100 per share |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Listing Date | July 14, 2025 |
| Lot Size | 1,200 Shares |
| Net Offered to Public | 47,49,600 shares (aggregating up to ₹47.50 Cr) |
| Offer for Sale | 9,99,600 shares of ₹10 (aggregating up to ₹10.00 Cr) |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 1,90,00,800 shares |
| Share Holding Pre Issue | 1,50,00,000 shares |
| Total Issue Size | 50,00,400 shares (aggregating up to ₹50.00 Cr) |
Smarten Power Systems IPO Reservation
Share Reservation Distribution
HNI (NII)
2,374,800 shares (47.49%)
Retail
2,374,800 shares (47.49%)
Market Maker
250,800 shares (5.02%)
Smarten Power Systems IPO Promoter Holding
| Share Holding Post Issue | 67.10% |
| Share Holding Pre Issue | 91.67% |
Smarten Power Systems IPO Listing Details
| ₹100 per share |
| INE14GK01016 |
| July 14, 2025 |
| SMARTEN |
| ST |
Key Dates
Open Date:July 7
Close Date:July 9
Listing Date:July 14
