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IPO Analysis > smarten-power-systems-nse-sme


Smarten Power Systems IPO Highlights Investors Should Know

India’s solar PV panel sector is on a strong upward trajectory, with projections indicating an annual growth rate of 9.4% between 2024 and 2030.

This growth shows the increasing demand for affordable energy across homes and businesses.

With this rising momentum in the solar sector, Smarten Power Systems has launched its IPO.  

The Smarten Power Systems IPO lead manager is Arihant Capital Markets while the registrar of this IPO is Maashitla Securities.  

Check the DRHP for more Smarten Power Systems IPO details.

Note: The lock-in period for 50% of Smarten Power Systems’ stock concludes 30 days post-allocation, whereas the remaining portion is released from lock-in after 90 days.

Smarten Power Systems IPO Details: Company Profile

With the right steps in place, the company aims to grow efficiently. They’ve laid out a solid future plan with the raised capital. Let’s check for more information about it. 


Particulars

Details

Established 

2014

Registered Office 

Gurgaon, Haryana

Promoter 

Arun Bhardwaj

Products 

Solar inverters, solar charge controllers, PCUs, and UPS systems

Number Of Employees

238

Manufacturing Facility

3892.937 square metres

Competitors 

GP Eco Solutions, Smarten Power 

Systems, and Sungarner Energies


Exploring the Smarten Power Systems IPO Details

Review the IPO date, price, past performance and financials before putting in money in Smarten Power Systems.

Check the full IPO timeline and how it connects to the current stock market.


Event Description

Scheduled Date

IPO Opening Day

07 Jul 2025

IPO Closing Day

09 Jul 2025

Deadline to Approve UPI Mandate

09 Jul 2025 (5 PM)

Finalisation of Share 

10 Jul 2025

Refunds Begin (if not allotted)

11 Jul 2025

Shares reach the Demat Account

11 Jul 2025

Official Listing on Stock Exchange

14 Jul 2025

Last Date for Mandate Authorisation Expiry

24 Jul 2025

Anchor Investor Lock-in Ends (50% of shares)

09 Aug 2025

Anchor Investor Lock-in Ends (remaining 50% of shares)

08 Oct 2025


Learn how much capital Smarten Power Systems aims to raise with its IPO.


Particulars

Number of Equity Shares

Aggregate Value

Fresh Issue 

40,00,800 

₹40 crores

Offer for Sale

9,99,600

₹10 crores

Overall Issue 

50,00,400

₹50 crores


The fund usage plan focuses on scaling the business smartly. See how they plan to invest the raised funds for expansion.


Use of Funds

Estimated Amount (₹ in lakhs)

Acquisition of equipment for battery production facility

418.90

Meeting ongoing working capital needs

2,200.00

Partial or full repayment of existing loans

95

Investment in capital expenditure projects

446.15

General corporate activities

Not Disclosed

Total Estimated Utilisation

Not Disclosed


Here’s a quick view of the Smarten Power Systems IPO price and what it means for investors.


Particulars

Description

Face value of each share

₹10

Price Range

₹100 

Listed At 

NSE Emerge


Check the allotment pattern of the Smarten Power Systems IPO shares.

Details

Net Offer to Public

Market Maker Reservation 

Equity Shares Available for Allocation

Not Disclosed

Not Disclosed

Minimum Application Size

  • For Non-Retail Investors: Equity Shares such that the total value exceeds ₹2,00,000

  • For Retail Investors: Equity Shares where the total value does not exceed ₹2,00,000

Not Disclosed

Maximum Application Size

  • For Non-Retail Investors: Equity Shares up to the full size of the Offer

  • For Retail Investors: Equity Shares such that the total value stays within ₹2,00,000

Not Disclosed


Set up your demat account to invest in IPO as soon as they are live in the stock market. 

Smarten Power Systems IPO details: Key Financials

These results help investors track Smarten Power’s growth. To get a better Smarten Power Systems IPO review, check how it's managing profits and revenue over time.



Particulars

For the financial year ending on June 30, 2024 (₹ in lakhs)

For the financial year concluded on March 31, 2024 (₹ in lakhs)

March 31, 2023 (₹ in Lakhs)

March 31, 2022 (₹ in Lakhs)

Share Capital

100.00

100.00

100.00

24.05

Net Worth

2,982.16

2,576.70

1,447.70

856.09

Revenue from Operations

6,143.89

19,519.57

17,993.49

16,384.26

Profit after Tax

405.46

1,129.00

515.66

398.97

Earnings per Share (Basic & Diluted)

2.70

7.53

3.51

2.80

NAV per Share

19.88

17.18

9.86

6.01

Total Borrowings

519.83

667.77

413.06

241.39


Metrics of Smarten Power Systems IPO


Particulars

For the financial year ending on June 30, 2024 (₹ in lakhs)

For the financial year concluded on March 31, 2024 (₹ in lakhs)

March 31, 2023 (₹ in Lakhs)

March 31, 2022 (₹ in Lakhs)

EBITDA Margin (%)

8.41

6.94

1.03

1.01

EBIT Margin (%)

9.16

8.40

4.08

$3

PBT

552.36

1,608.93

720.90

552

PBT Margin (%)

8.90

8.10

3.87

3

PAT Margin (%)

6.53

5.68

2.77

2.37

NAV

19.88

17.18

9.86

6.01

EPS

2.70

7.53

3.49

2.80

ROCE (%)

64.96

51.44

40.84

53.38

ROE (%)

58.35

56.11

44.77

60.58

Current Ratio

1.49

1.42

1.17

1.10

Debt to Equity Ratio

0.17

0.26

0.29

0.28


Strengths and risks

Before you apply, here’s a balanced look at the key strengths and some important caution points.


Strengths



Risks

IPO Closing Soon: Is Smarten Power Systems IPO Worth the Rush?

Smarten Power IPO GMP was nil on 6 July 2025. Investors must track allotment updates and listing dates to make a better decision. Click here to apply. 

FAQs

1. What is the current Smarten Power Systems IPO Price?
The Smarten Power Systems has been given a fixed price at ₹100 per share. This is the issue price investors can apply at during the IPO window.

2. When is the Smarten Power Systems IPO Date?
The Smarten Power Systems IPO date is 07 July 2025, marking the opening day for subscriptions. So, apply within the window to not miss out on any IPO investments.

3. What is the Smarten Power Systems IPO GMP Today?
The Smarten Power Systems IPO GMP today is currently nil, suggesting that the shares may list around the issue price with no significant premium expected on listing day.

4. Is retail participation allowed in this SME IPO?
SEBI now wants investors to apply with at least ₹2 lakh in SME IPOs. This means small retail investors may not qualify anymore. The goal is to let only serious investors with higher risk capacity take part. This change doesn’t affect mainboard IPOs, where you can still apply with lower amounts.

5. Do I need a Demat account to apply for the Smarten Power Systems IPO?
Yes, an investor must bid in Smarten Power Systems IPO with a demat account only. All IPO applications today are processed only in Demat form, so your account must be active and ready.