Smarten Power Systems Limited IPO Details – Price, Date, GMP & Analysis
Smarten Power Systems Limited IPO Overview
Key IPO Details
Investment Summary
The Smarten Power Systems Limited IPO IPO is a sme offering scheduled to open on July 7. The issue is priced at ₹100 per share, with a minimum application of 1200 shares.
Status: Listed and trading
How to Apply for Smarten Power Systems Limited IPO
To apply for the Smarten Power Systems Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Smarten Power Systems Limited IPO
- Enter bid quantity (minimum 1200 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before July 9
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹120,000(approx. based on lower price band)
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.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Mon, Jul 7, 2025
CompletedClose Date
Wed, Jul 9, 2025
CompletedAllotment
Thu, Jul 10, 2025
CompletedRefund Process
Fri, Jul 11, 2025
CompletedCredit to Demat
Fri, Jul 11, 2025
CompletedListing Date
Mon, Jul 14, 2025
CompletedSubscription Status
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: Invalid Date
IPO Details
Smarten Power Systems IPO Details
| IPO Date | July 7, 2025 to July 9, 2025 |
| Listing Date | July 14, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 50,00,400 shares (aggregating up to ₹50.00 Cr) |
| Fresh Issue (Ex Market Maker) | 37,50,000 shares (aggregating up to ₹37.50 Cr) |
| Offer for Sale | 9,99,600 shares of ₹10 (aggregating up to ₹10.00 Cr) |
| Net Offered to Public | 47,49,600 shares (aggregating up to ₹47.50 Cr) |
| 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 |
Smarten Power Systems IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,50,800 (5.02%) |
| NII (HNI) Shares Offered | 23,74,800 (47.49%) |
| Retail Shares Offered | 23,74,800 (47.49%) |
| Total Shares Offered | 50,00,401 (100.00%) |
Smarten Power Systems IPO Timeline (Tentative Schedule)
| IPO Open Date | Mon, Jul 7, 2025 |
| IPO Close Date | Wed, Jul 9, 2025 |
| Tentative Allotment | Thu, Jul 10, 2025 |
| Initiation of Refunds | Fri, Jul 11, 2025 |
| Credit of Shares to Demat | Fri, Jul 11, 2025 |
| Tentative Listing Date | Mon, Jul 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 9, 2025 |
Smarten Power Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,60,000 |
| S-HNI (Max) | 8 | 9,600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10,800 | ₹10,80,000 |
Smarten Power Systems IPO Promoter Holding
| Share Holding Pre Issue | 91.67% |
| Share Holding Post Issue | 67.10% |
Smarten Power Systems IPO Listing Details
| July 14, 2025 |
| SMARTEN |
| INE14GK01016 |
| ₹100 per share |
| ST |
Financial Information
Company FinancialsSmarten Power Systems Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 97.24 | 79.28 | 76.01 |
| Revenue | 203.20 | 198.73 | 186.06 |
| Profit After Tax | 12.77 | 11.29 | 5.16 |
| EBITDA | 16.92 | 13.54 | 1.86 |
| Net Worth | 38.54 | 25.77 | 14.48 |
| Reserves and Surplus | 23.54 | 24.77 | 13.48 |
| Total Borrowing | 16.59 | 6.68 | 4.13 |
Key Dates
Smarten Power Systems Limited IPO IPO Review & Analysis
Should I Apply for Smarten Power Systems Limited IPO?
The Smarten Power Systems Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • SME listing provides credibility
- • Issue size of ₹50.00 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Smarten Power Systems Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Smarten Power Systems Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.