
Smarten Power Systems IPO open date is July 7, 2025 and the IPO will close on July 9, 2025. Smarten Power Systems IPO is a Fixed Price Issue. The company to raise around ₹50.00 crores via IPO that comprises fresh issue of ₹40 crores and offer for sale up to 9,99,600 equity shares with face value of ₹10 each.
Smarten Power Systems IPO price band is ₹100 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Smarten Power Systems IPO to list on NSE on July 14, 2025. The allotment of Smarten Power Systems IPO date is July 10, 2025.
The company reported revenue of ₹203.20 crores in 2025 against ₹198.73 crores in 2024. The company reported profit of ₹12.77 crores in 2025 against profit of ₹11.29 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.
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% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Smarten Power Systems IPO Market Lot
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 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.
Smarten Power Systems IPO Company Financial Report
The company reported revenue of ₹203.20 crores in 2025 against ₹198.73 crores in 2024. The company reported profit of ₹12.77 crores in 2025 against profit of ₹11.29 crores in 2024.
Amount ₹ 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 |
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. |