Smarten Power Systems’ Initial Public Offering (IPO) is set to open on Monday, July 7, offering investors a chance to subscribe until July 9.
Smarten Power Systems IPO: What You Need to Know
This upcoming IPO from Smarten Power Systems is a combination of a fresh issue and an offer for sale, aiming to raise a total of Rs 50 crore. The fresh issue comprises up to 40.01 lakh equity shares, totaling Rs 40.01 crore, while the offer for sale includes 10 lakh shares worth Rs 10 crore.
The company has set the IPO price at Rs 100 per equity share. Each share has a face value of Rs 10, with a tick size of Re 1.
About Smarten Power Systems Limited
Established in 2014, Smarten Power Systems specializes in designing and assembling a variety of power backup and solar products. Their product portfolio includes essential items like home UPS systems, solar inverters, and power conditioning units.
Beyond manufacturing, the company also engages in trading solar panels and batteries, contributing to the renewable energy sector.
Financial Performance and IPO Proceeds
For the financial year 2025, Smarten Power Systems reported a robust revenue of Rs 203.20 crore. The company also registered a profit after tax of Rs 12.77 crore in the same period, indicating a healthy financial standing.
The funds raised from this IPO are earmarked for several key initiatives. A significant portion will go towards purchasing movable assets for a new battery manufacturing unit’s production line. The company also plans to allocate funds for working capital requirements, repayment of existing debt, and funding other capital expenditure needs. General corporate purposes will also be supported by the proceeds.
Important Dates for Investors
Investors should mark their calendars for these crucial dates related to the Smarten Power Systems IPO. The finalization of share allotment is expected on July 10.
Following the allotment, the shares of Smarten Power Systems are scheduled to be listed on the National Stock Exchange (NSE) on July 14, making them available for public trading.
Key Players Behind the IPO
Several key entities are involved in facilitating the Smarten Power Systems IPO. Maashitla Securities Private Limited has been appointed as the registrar for the IPO, handling all share-related processes.
Arihant Capital Markets Limited is serving as the book running lead manager, overseeing the entire IPO process. ICICI Bank Limited is the sponsor bank for this offering.
- Smarten Power Systems IPO opens July 7 and closes July 9.
- The IPO is priced at Rs 100 per equity share.
- Total IPO size is Rs 50 crore, comprising a fresh issue and an offer for sale.
- Allotment is expected by July 10, with listing on NSE by July 14.
- Proceeds will fund a new battery unit, working capital, and debt repayment.
This IPO offers an opportunity for investors to participate in a company focused on power backup and solar solutions, a growing segment in India’s energy landscape.
