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.
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.
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.
Learn how much capital Smarten Power Systems aims to raise with its IPO.
The fund usage plan focuses on scaling the business smartly. See how they plan to invest the raised funds for expansion.
Here’s a quick view of the Smarten Power Systems IPO price and what it means for investors.
Check the allotment pattern of the Smarten Power Systems IPO shares.
Set up your demat account to invest in IPO as soon as they are live in the stock market.
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.
Before you apply, here’s a balanced look at the key strengths and some important caution points.
Strengths
Offers a wide range of smart and solar-powered products.
Has its own R&D team creating energy-saving solutions.
Strong service and sales network across India, especially North India.
Exports to 18 countries, with a good grip in Africa and South Asia.
Risks
The company mainly depends on Haryana and UP. Any local disruptions there can impact business.
There are no long-term agreements with distributors, which can be risky for sales and partnerships.
The top 10 customers contribute around 33 to 42 percent of total revenue. Losing even a few could hurt business.
The business needs a high amount of working capital, so there’s a chance of facing cash flow pressure.
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.
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.