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Open
7 Jul 2025
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Close
9 Jul 2025
3
Allotment
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Listing
Mon, Jul 14, 2025
Price Band
₹100 per share
Issue Size
50,00,400 shares (agg. up to ₹50 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jul 14, 2025
Latest GMP
₹15
Est. Gain
15%
✦ AI Insight
GMP Trend
14-07-2025₹15Est. ₹115+15%
13-07-2025₹15Est. ₹115+15%
12-07-2025₹7.5Est. ₹107.5+7.5%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.45x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 97.24 | 79.28 | 76.01 |
| Total Income | 203.20 | 198.73 | 186.06 |
| Profit After Tax | 12.77 | 11.29 | 5.16 |
| EBITDA | 16.92 | 13.54 | 1.86 |
| NET Worth | 38.54 | 25.77 | 14.48 |
| Reserves and Surplus | 23.54 | 24.77 | 13.48 |
| Total Borrowing | 16.59 | 6.68 | 4.13 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Eppeltone Engineers Ltd. | SME | ₹43.96 Cr | ₹128 | 10.86 | ₹255.35 | +99.49% | ₹110.75 (-3.70%) |
| ATC Energies System Ltd. | SME | ₹63.76 Cr | ₹118 | 17.4 | ₹101.65 | -13.86% | ₹23.50 (+0.43%) |
| Yash Highvoltage Ltd. | SME | ₹110.01 Cr | ₹146 | 26.8 | ₹291.25 | +99.49% | ₹963.00 (-1.67%) |
| Vdeal System Ltd. | SME | ₹18.08 Cr | ₹112 | 11.79 | ₹178.50 | +59.38% | ₹158.00 (-0.32%) |
| Sahaj Solar Ltd. | SME | ₹52.52 Cr | ₹180 | 10.86 | ₹359.10 | +99.50% | ₹127.00 (+1.60%) |
| Prostarm Info Systems Ltd. | Mainboard | ₹168.00 Cr | ₹105 | 19.75 | ₹126.00 | +20.00% | ₹129.39 (+0.31%) |
| Waaree Energies Ltd. | Mainboard | ₹4,321.44 Cr | ₹1503 | 30.87 | ₹2,338.90 | +55.62% | ₹2,830.30 (+0.58%) |
| Premier Energies Ltd. | Mainboard | ₹2,830.40 Cr | ₹450 | 82.09 | ₹839.90 | +86.64% | ₹1,100.60 (+0.89%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of movable assets of the production line of battery manufacturing unit | 4.19 |
| 2 | To meet the working capital requirements | 22.00 |
| 3 | Repayment in full or in part, of the outstanding borrowings | 0.95 |
| 4 | Funding capital expenditure requirements | 4.46 |
| 5 | General Corporate Purposes | 4.70 |
| 6 | Issue Expenses | 4.69 |
| Total | 40.98 |
About Smarten Power Systems 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. Competitive Strength: Innovative Product Range and Technological Advancements. Strong Research and Development (R&D) Capabilities. Extensive Distribution and After-Sales Service Network. Vendor Relationships and Supply Chain Efficiency. Experie
Contact Details
Smarten Power Systems Ltd. Address374, 1st Floor Pace City-2Sector-37Gurugram, Haryana, 1220010124-2210651cs@smartenpowersystems.comVisit Website