IPO - Check IPO Date, Price, Lot Size

Smarten Power Systems Ltd IPO

We are engaged into designing and assembling of power back-up and advanced solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. We are also engaged in the trading of solar panels and batteries. We sell our products through our distributors within India. We also export our products except solar panels outside India. Currently, our Company is operating in 23 states and 2 union territories within India and has also established global footprint in over 18 countries which includes Middle East, Africa, and South Asia region.

Smarten Power Systems Ltd IPO Details

Total Shares Offered

₹ 50,00,400

Offer to Public

9,99,600

Retail Max (Shares)

₹ 23,74,800

Pre Issue Promoters Holding

₹ 1,37,49,975

Exchange

NSE

Issue size

₹ 50 Cr

IPO Open Date

Jul 7, 2025

Close Date

Jul 9, 2025

Lot Size

2400

Min Investment

₹ 2,40,000

Issue Type

Fixed Price - SME

Listing Date

Jul 14, 2025

Smarten Power Systems Ltd IPO Dates

Jul 7, 2025

Opening date

Jul 9, 2025

Closing date

Jul 10, 2025

Basis of Allotment

Jul 11, 2025

Initiation of Refunds

Jul 11, 2025

Credit of Shares

Jul 14, 2025

Listing date

Details

Sector	Type
Sector	Electric Equipment
Sub Sector	NA
Issue Type	Fixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0x	0	122400
NII	6.36x	2374800	15102000
Retail	4.66x	2374800	11078400
Employee	0x	0	0
Total	5.26x	5000400	26302800

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

6.36x

4.66x

5.26x

2374800

5000400

122400

15102000

11078400

26302800

Smarten Power Systems Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	195.20	179.93	163.84
EBITDA	16.04	7.43	6.22
PAT	10.73	4.75	3.96
Total Assets	70.49	69.37	56.11
Share Capital	1.00	1.00	0.24
Total Borrowings	11.05	9.71	8.45
Operating Activities (Net Cash)	11.12	5.14	4.33
Investing Activities (Net Cash)	0.01	0.01	0.01
Financing Activities (Net Cash)	11.05	9.71	8.45
Net Cashflow	2.27	1.64	2.65

About Smarten Power Systems Ltd

Our Company was incorporated as Smarten Power Systems Private Limited as a Private Limited Company pursuant to a certificate of incorporation dated July 30, 2014 issued by the Registrar of Companies, Haryana. Further, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in its meeting held on October 24, 2024, and by the Shareholders in an extraordinary general meeting held on October 25, 2024 and consequently the name of our Company was changed to Smarten Power Systems Limited and a fresh certificate of incorporation dated November 20, 2024 was issued by the Registrar of Companies, Central Processing Centre.

The Home Uninterruptible Power Supply (UPS) market in India is a dynamic and rapidly evolving sector, which is fuelled by the increasing need for reliable power in the face of frequent outages, as well as the nation's surge in digitalisation and offsite work opportunities. India's Home Uninterruptible Power Supply (UPS) market is fundamentally driven by the need for resilience against power instability. Lead acid batteries strike a balance between affordability and performance, making them accessible to a broad customer base. Their established reliability and long-standing presence in the power backup industry further contribute to their popularity.

Peer Comparison:

GP Eco Solutions Limited
Sungarner Energies Limited

Smarten Power Systems Ltd Key Points

Strengths

Innovative Product Range and Technological Advancements.

Strong Research and Development (R&D) Capabilities.

Extensive Distribution and After-Sales Service Network.

Vendor Relationships and Supply Chain Efficiency.

Risk

The company does not own the premises in which its registered office and the company warehouse are located and the same are on lease arrangement and further there exists an ongoing litigation with respect to its assembling unit. Any termination of such lease/license and/or non-renewal thereof and attachment by property owner could adversely affect its operations.

A significant portion of its revenue is derived from the states of Haryana and Uttar Pradesh, and any adverse developments in these states could adversely affect the company business.

The company has not entered into any long term agreements with its distributors. The company inability to maintain relationships with its distributors may adversely affect the company business, results of operations, cashflow and profitability.

Strategy

Capacity Expansion.

Backward Integration.

Geographic Expansion.

How To Apply for Smarten Power Systems Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Smarten Power Systems Ltd IPO?

Smarten Power Systems Ltd's IPO offers shares for up to 40 It begins on Jul 7, 2025 and ends on Jul 9, 2025.

What is the price of the Smarten Power Systems Ltd IPO?

The price of Smarten Power Systems Ltd IPO ranges between ₹100 to ₹100 per share.

What are the open and close dates for the Smarten Power Systems Ltd IPO?

The Smarten Power Systems Ltd IPO opens on Jul 7, 2025 and closes on Jul 9, 2025.

When will the Smarten Power Systems Ltd IPO be allotted?

The allotment for the Smarten Power Systems Ltd IPO will be finalised on Jul 10, 2025. The shares will be listed on BSE and NSE on Jul 14, 2025.

What is the minimum lot size required for Smarten Power Systems Ltd IPO?

The minimum lot size for Smarten Power Systems Ltd IPO is 2400 shares, priced between ₹100 to ₹100 per share.

What is the GMP of Smarten Power Systems Ltd IPO?

The GMP (Grey Market Premium) of Smarten Power Systems Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Smarten Power Systems Ltd IPO?

To check the allotment status of Smarten Power Systems Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Smarten Power Systems Ltd IPO getting listed?

The Smarten Power Systems Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 7, 2025, and closes on Jul 9, 2025. The allotment is finalised on Jul 10, 2025.

How do you apply for the Smarten Power Systems Ltd IPO?

To apply for the Smarten Power Systems Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.