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Smarten Power System Ltd. SME IPO Opens July 7, 2025: Details & Investment Insights

Smarten Power System Ltd. SME IPO Opens July 7, 2025: Details & Investment Insights

Smarten Power System Ltd.'s SME IPO will open for investors on July 7, 2025. The issue will remain open until July 9. The company plans to raise ₹50 crore through this issue. The shares will be listed on the NSE's SME platform on July 14.

Price fixed at ₹100 per share, silence in the grey market

The price for the IPO has been fixed at ₹100 per equity share. However, according to market sources, the company's shares are not receiving any premium in the grey market at present. This indicates that there is not much excitement in the market regarding listing gains.

Where will the funds raised from the IPO be used?

The capital that Smarten Power will raise from this public offering will be used for the purchase of movable assets for the company's battery manufacturing unit, to meet working capital needs, debt repayment, capital expenditure, and general corporate purposes.

Minimum investment limit and lot size

In this issue, retail investors are required to bid for at least one lot, i.e., 1200 shares. The cost of one lot will be ₹1.20 lakh. Similarly, for High Net Worth Individuals (HNIs), a bid of at least 3 lots, i.e., 3600 shares, is required, which will cost around ₹3.60 lakh.

When was the company started and what is its business?

Smarten Power System Ltd. was established in the year 2014. The company's main business is related to power backup and solar energy. The company manufactures products such as home UPS, solar inverters, charge controllers, batteries, solar panels, and PCUs (Power Conditioning Units).

Currently, the company has a portfolio of 372 different products. The company has not only established a b presence in the domestic market but has also expanded into international markets.

Presence in 23 states of India, export to 17 countries

Smarten Power's brand network is spread across 23 states and 2 union territories in India. Furthermore, the company's products are being exported to 17 countries internationally. These primarily include markets in Africa, the Middle East, and South Asia.

The company's distribution network includes 382 distributors and 52 service centers, which strengthen the reach of its products and interaction with customers.

How was the company's financial performance?

In the financial year 2024-25, Smarten Power recorded a total revenue of ₹201.75 crore. In the same year, the company's EBIT (Earnings Before Interest and Taxes) was ₹17.96 crore, and the net profit was ₹12.77 crore.

This figure indicates that the company has created a stable and profitable operating model, which has strengthened its financial base.

Key managers and registrar of the IPO

The book-running lead manager of this issue is Arihant Capital Markets Limited. This company is also acting as the market maker. Furthermore, the registrar of the IPO has been appointed as Maashitla Securities Private Limited.

Structure of the issue and offer for sale

This SME issue includes both a fresh issue as well as an offer for sale (OFS). This means that some shares will be sold by the company's promoters and existing shareholders, while some new shares will be issued to raise capital.

A special opportunity for SME investors

This SME IPO of Smarten Power can be special for those investors who want to invest in emerging sectors, especially in areas like solar energy and power backup. The company's current position, diverse product line, and international presence are making it a promising SME.

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