Smarten Power Systems Ltd. is going to launch its IPO on July 07, 2025, the objective of raising 50 crores from the market. The closing date of the IPO is July 09, 2025, and it will be listed on the National Stock Exchange (NSE) on July 14, 2025.
About company
The company was established in Gurgaon, Haryana, on July 30, 2014, as a private limited company. In November 2024, Smarten Power Systems Ltd. was rebranded and converted to a public limited corporation.
The company is involved in the design and construction of innovative solar power and power backup devices, including solar charge controllers, solar inverters, home UPS systems, and solar power conditioning units (PCUs).
The business also trades batteries and solar panels. The company uses distributors in India to sell its goods. Other than solar panels, the company exports its goods outside of India.
The company currently operates in 23 Indian states and two union territories. It has also created a global presence in more than 17 countries, including those in the Middle East, Africa, and South Asia.
IPO details of Smarten Power
| IPO Date | 07 July 2025 to 09 July 2025 |
| Offer Price | 100 per share |
| Lot Size | 1200 Share |
| Max Retail Subscription (In Rs.) | 5 lakhs |
| Face Value | 10 per share |
| Issue Size (In Cr.) | 50 |
| Issue Type | Fixed Price |
| Listing In | NSE |
Investor category allocation of Smarten Power IPO
| Investor category | Shares Offered | Allocation % |
| NIIs/HNIs | 2374800 | 47.49% |
| Retail Individuals | 2374800 | 47.49% |
| Market Maker | 250800 | 5.02% |
| Total | 5000400 | 100% |
Smarten Power (IPO Schedule)
| IPO Open Date | 07 July 2025 |
| IPO Close Date | 09 July 2025 |
| UPI Mandate deadline | 09 July 2025 (5 PM) |
| Allotment Date | 10 July 2025 |
| Refund Initiation | 11 July 2025 |
| Demat Transfer | 11 July 2025 |
| Listing Date | 14 July 2025 |
Financial Information of Smarten Power IPO
| Financial End | March 2023 | March 2024 | March 2025 |
| Total Assets (In Cr.) | 76.01 | 79.28 | 97.24 |
| Revenue (In Cr.) | 186.06 | 198.73 | 203.2 |
| Profit After Tax (In Cr.) | 5.16 | 11.29 | 12.77 |
| Net Worth | 14.48 | 25.77 | 38.54 |
Objective of Smarten Power IPO
- Purchase of movable assets of the production line of battery manufacturing unit
- To meet the working capital requirements
- Repayment in full or in part, of our outstanding borrowings
- Funding capital expenditure requirements
- General corporate purposes
List of Promoters
- Arun Bhardwaj
- Rajnish Sharma
- Ravi Dutt and
- Tirath Singh Khaira
Prospectus of Smarten Power IPO
Registered Address of Smarten Power IPO
Smarten Power Systems Limited
374, 1st Floor,
Pace City-2, Sector – 37,
Gurgaon, Haryana- 122001
Tel. No.: 0124-2210651
Email: cs@smartenpowersystems.com
Website: www.smartenpowersystems.com
Smarten Power IPO Registrar
Maashitla Securities Private Limited
451, Krishna Apra Business Square, Netaji
Subhash Place, Pitampura,
New Delhi-110034
Telephone: 011 – 47581432
Email: ipo@maashitla.com
Website: www.maashitla.com
Smarten Power IPO Lead Manager
Arihant Capital Markets Limited
Smarten Power IPO FAQs
Q. What is Smarten Power IPO?
A. Smarten Power IPO is a SME IPO. The IPO is to be listed on NSE.
Q. When Smarten Power IPO will open for subscription?
A. The IPO is to open on 07 July 2025. The IPO will close on 09 July 2025.
Q. What is Smarten Power IPO Issue Size?
A. Smarten Power IPO issue size is 50 crores.
Q. What is Smarten Power IPO Price Band?
A. Smarten Power IPO Price Band is 100.
Q. What is Smarten Power IPO Lot Size?
A. The minimum bid is 1200 Shares with 1,20,000 amount.
Q. What is the Smarten Power IPO Allotment Date?
A. Smarten Power IPO allotment date is 10 July 2025.
Q. What is the Smarten Power IPO Listing Date?
A. Smarten Power IPO listing date is 14 July 2025.