Issue Price
₹100
Per Share
GMP
NIL
Grey Market
Est. Listing
₹100
Expected Price
Min. Application
₹240,000
2 lots × 1200 shares
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 SystemsSolar Inverters / Solar Power Conditioning Units (PCUs)Solar Charge ControllersSolar PanelsInverter BatteriesAs 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.Experienced Leadership and Operational Expertise.
Smarten Power Systems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 250,800 | — | ₹2.51 Cr | — |
| TOTAL | 5,000,400 | 100.00% | ₹50.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| sNII (Min) | 14 | 16,800 | ₹1,680,000 |
| bNII (Min) | 68 | 81,600 | ₹8,160,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 203.20 | 198.73 | 186.06 |
| EBITDA | 16.92 | 13.54 | 1.86 |
| Profit After Tax (PAT) | 12.77 | 11.29 | 5.16 |
| Net Worth | 38.54 | 25.77 | 14.48 |
| Total Assets | 97.24 | 79.28 | 76.01 |
| Reserves & Surplus | 23.54 | 24.77 | 13.48 |
| Total Borrowings | 16.59 | 6.68 | 4.13 |