Smarten Power Systems IPO Date, Price, Details
The Smarten Power Systems IPO is scheduled to open on July 7, 2025, and will close on July 9, 2025. This is a Fixed Price Issue, through which the company aims to raise approximately ₹50 crores. The issue includes a fresh equity issuance of ₹40 crores and an Offer for Sale (OFS) of up to 9,99,600 equity shares, each with a face value of ₹10.
The issue price has been fixed at ₹100 per share. The allocation split for this IPO reserves 50% of shares for retail investors and 50% for High Net-worth Individuals (HNIs), with no quota for QIBs.
The share allotment is expected to be finalized on July 10, 2025, and the company’s stock is slated to be listed on the NSE on July 14, 2025.
From a financial perspective, the company posted a revenue of ₹203.20 crores in FY25, slightly up from ₹198.73 crores in FY24. Net profit also rose to ₹12.77 crores in FY25, compared to ₹11.29 crores in FY24.
Smarten Power Systems IPO Market Lot Size
The Smarten Power Systems IPO minimum market lot is 1200 shares with ₹1,20,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,20,000 |
Retail Maximum | 1 | 1200 | ₹1,20,000 |
S-HNI Minimum | 2 | 2,400 | ₹2,40,000 |
Smarten Power Systems IPO Details
IPO Open Date: | July 7, 2025 |
IPO Close Date: | July 9, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹100 Per Share |
Issue Size: | Approx ₹50.00 Crores |
Fresh Issue: | Approx ₹40.00 Crores |
Offer for Sale: | Approx 9,99,600 Equity Shares |
Issue Type: | Fixed Price Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 50% |
NII Quota: | Not more than 50% |
Smarten Power Systems IPO Valuation – FY2025 (KPI)
Review the valuation indicators for the Smarten Power Systems IPO, including key figures such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) for a clearer understanding of the company’s financial positioning.
KPI | Values |
ROE: | 39.72% |
ROCE: | 32.58% |
EBITDA Margin: | 8.39% |
PAT Margin: | 6.28% |
Debt to equity ratio: | 0.43 |
Earning Per Share (EPS): | ₹8.51 (Basic) |
Price/Earning P/E Ratio: | 11.75 |
Return on Net Worth (RoNW): | 33.14% |
Net Asset Value (NAV): | ₹25.69 |
Smarten Power Systems IPO Company Financial Report
In the fiscal year 2025, the company generated a revenue of ₹203.20 crores, showing a modest increase from ₹198.73 crores in 2024. Its net profit also improved, rising to ₹12.77 crores in 2025 compared to ₹11.29 crores in the previous year.
(All amounts are in ₹ crores.)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹186.06 | ₹178.85 | ₹5.16 | ₹76.01 |
2024 | ₹198.73 | ₹182.64 | ₹11.29 | ₹79.28 |
2025 | ₹203.20 | ₹186.04 | ₹12.77 | ₹97.24 |
Smarten Power Systems IPO Dates
The Smarten Power Systems IPO date is July 7 and the close date is July 9. The Smarten Power Systems IPO allotment will be finalized on July 10 and the IPO listing on July 14.
IPO Open Date: | July 7, 2025 |
IPO Close Date: | July 9, 2025 |
Basis of Allotment: | July 10, 2025 |
Refunds: | July 11, 2025 |
Credit to Demat Account: | July 11, 2025 |
IPO Listing Date: | July 14, 2025 |
Promoters of Smarten Power Systems IPO
The promoters of the company are Arun Bhardwaj, Rajnish Sharma, Ravi Dutt and Tirath Singh Khaira.
About Smarten Power Systems IPO
Smarten Power Systems Limited, founded in 2014, is one of the prominent companies involved in designing and assembling power backup and solar products such as Home UPS systems, solar inverters, power conditioning units, charge controllers, and trading of solar panels and batteries. Currently, the company runs in 23 states and 2 union territories in India, with a 17 countries. Under the SMARTEN brand, the company builds and trades products. The company’s portfolio consists of 372 SKUs across six categories: home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries. Currently, the company runs a network of 382 distributors and 52 service centers for after-sales support. The company includes 252 department employees as of May 31, 2025.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
GP Eco Solutions Limited | 8.85 | 42.26 | 15.99% | 55.36 | 247.44 Cr. |
Sungarner Energies Limited | 7.45 | 40.81 | 15.36% | 48.46 | 33.64 Cr. |
Objects of the IPO
Acquisition of movable machinery and equipment for the battery production unit
To fulfill the company’s working capital needs
Partial or full repayment of existing loans and liabilities
Investment in capital assets to support future expansion
To cover general business and operational expenses
Merchant Bankers
- Arihant Capital Markets Ltd
Company Address
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/
Smarten Power Systems IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
Check Grey market premium at below
(GMP)