Smarten Power Systems Limited

  • Minimum Investment
    ₹1,20,000
  • Price Range
    ₹100 - ₹100
  • Issue Size
    ₹50.00 Cr
  • Lot Size
    1200 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Purchase of movable assets of the production line of battery manufacturing unit

To meet the working capital requirements

Repayment in full or in part, of the outstanding borrowings

Funding capital expenditure requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Smarten Power Systems Limited

R&D capabilities

The company maintains a dedicated R&D team of seven specialists with deep expertise in power electronics, inverter design, and energy storage systems. This focus has led to the development of advanced products like MPPT-based inverters, high-efficiency converters, and smart energy management systems

Distribution network

The company has built an extensive distribution and service network across 23 Indian states, 2 union territories, and internationally via 31 distributors. Its two-tier service system—using in-house engineers and distributor-based franchise agreements—ensures prompt complaint resolution and enhances customer satisfaction

Diverse product portfolio

The company offers over 372 SKUs across five key categories: home UPS systems, solar inverters, power conditioning units, solar charge controllers, and batteries. These products cater to a wide range of customers, from households to commercial solar installations

Geographically concentrated

The company derives a significant portion of its revenue from Haryana and Uttar Pradesh, making its business vulnerable to region-specific economic, regulatory, and infrastructural challenges. Any adverse events in these states—such as economic downturns, policy changes, increased competition, or disruptions in power supply—could negatively impact operations and financial performance

Depend on Distributors

The company operates without long-term agreements with its distributors, relying instead on non-exclusive arrangements. This exposes it to the risk of distributor disengagement, failure to make timely payments, or prioritization of competitor products offering better incentives

Depend on Suppliers

The company heavily depends on third-party suppliers for raw materials required in its Home UPS Systems and Solar Inverters/Solar PCUs, as well as for batteries and solar panels used in its trading business. Although multiple suppliers are engaged to mitigate dependency, the top five suppliers contribute over 85% of purchases for its trading operations

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Smarten Power Systems Limited

Smarten Power Systems was incorporated on July 30, 2014. The company designs and assembles power backup and solar energy products, including home UPS systems, solar inverters, power conditioning units, and charge controllers. It also trades in solar panels and batteries. Products are sold across India through distributors and exported to over 18 countries
  • Promoter
    Arun Bhardwaj
  • Promoter
    Rajnish Sharma
  • Promoter
    Ravi Dutt
  • Promoter
    Tirath Singh Khaira

Smarten Power Systems Limited IPO FAQs

What is Smarten Power Systems Limited IPO?

down-arrow
Smarten Power Systems Limited IPO refers to the initial public offering of shares by Smarten Power Systems Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Smarten Power Systems Limited IPO?

down-arrow
For Smarten Power Systems Limited IPO the issue size is ₹50 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Smarten Power Systems Limited IPO?

down-arrow
For Smarten Power Systems Limited IPO the minimum investment is ₹1,20,000. The minimum investment for Smarten Power Systems Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Smarten Power Systems Limited IPO?

down-arrow
For Smarten Power Systems Limited IPO the lot size is 1200 shares. The lot size of Smarten Power Systems Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Smarten Power Systems Limited IPO on Share.Market?

down-arrow
To apply for Smarten Power Systems Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Smarten Power Systems Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Smarten Power Systems Limited IPO?

down-arrow
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Smarten Power Systems Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

down-arrow
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

down-arrow
You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Smarten Power Systems Limited IPO?

down-arrow
For Smarten Power Systems Limited IPO the allotment date is July 10, 2025. The allotment date of Smarten Power Systems Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Smarten Power Systems Limited IPO?

down-arrow
For Smarten Power Systems Limited IPO, the subscription opens on July 7, 2025 and closes on July 9, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Bidding Ongoing
-