IPO - Initial Public Offerings

 SMARTEN

  

SMARTEN POWER SYSTEMS LIMITED IPO

07 Jul, 10:00 AM

Issue Open

09 Jul, 05:00 PM

Issue Close

1200

Lot Size

₹ 100.00 – ₹ 100.00

Price Range

IPO Issue Details

Issue size 50.00 Cr
Market Price 100.00
Registrar Maashitla Securities Private Limited
Face Value RS.10 /- Per share
Listing at NSE BSE

About

SMARTEN POWER SYSTEMS LIMITED IPO
Incorporated in 2014, Smarten Power Systems Limited designs and assembles power backup and solar products, including Home UPS systems, solar inverters, power conditioning units, and charge controllers, and trades solar panels and batteries. The Company operates in 23 states and two union territories in India and has a global presence in 17 countries, including the Middle East, Africa, and South Asia. The company assembles and trades products under the SMARTEN brand and its registered patent. The company has a portfolio of 372 SKUs across six categories: home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries. The Company operates with a network of 382 distributors and 52 service centers for after-sales support. Products: Home UPS Systems Solar Inverters / Solar Power Conditioning Units (PCUs) Solar Charge Controllers Solar Panels Inverter Batteries As of May 31, 2025, the company has 252 department employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1200 ₹ 1,20,000.00
S-HNI  (2 Lakh to 10 Lakh) 2 2400 ₹ 2,40,000.00
S-HNI  (2 Lakh to 10 Lakh) 8 9600 ₹ 9,60,000.00
B-HNI  (Above 10 Lakh) 9 10800 ₹ 10,80,000.00

IPO TimeLine

Open Date 07-Jul-2025
Close Date 09-Jul-2025
Basis of Allotment Date 10-Jul-2025
Initiation of Refunds 11-Jul-2025
Credit Shares to Demat A/c 11-Jul-2025
IPO Listing Date 14-Jul-2025