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Smarten Power Systems IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 50.00 Cr. The company is based in New Delhi and caters to Solar sector. Arihant Capital Markets is the merchant banker of Smarten Power Systems IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2024.
Smarten Power Systems IPO open date is 7th July 2025 and close date is 9th July 2025. IPO Allotment Date is 10th July 2025 and Listing date is 14th July 2025.
IPO
Size:
₹ 50.00 Cr.
Avg IPO Size (Sector Based)
: ₹
35.08 cr.
Sector: Solar
SME
IPO so far:
17
Merchant Banker:
Arihant Capital
SME
IPO by BRLM so far:
5
City:
New Delhi
SME
IPO so far:
165
Revenue (annualised):
₹
203.19
cr. 
PE
Ratio:
14.88x
Average Sector PE Ratio: 19.91x
Smarten Power Systems IPO size is ₹ 50.00 Cr. with IPO price of ₹ 100.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Arihant Capital Markets Limited is the book-running lead manager of the Smarten Power Systems IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Arihant Capital Markets Limited for Smarten Power Systems IPO.
Smarten Power Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Smarten Power Systems IPO, based in New Delhi, operates in the Solar sector with a focus on designing and assembling of power back-up and advanced solar power products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Smarten Power Systems IPO size is ₹ 50.00 Cr. with fresh issue size of ₹ 40 and Offer for sale being ₹ 9.99 Cr.
The IPO allotment date for Smarten Power Systems IPO is expected to be 10th July 2025, after the finalization of basis of allotment. Investors can check Smarten Power Systems IPO allotment status on the registrars website, Maashitla Securities Private Limited . Smarten Power Systems IPO refund dates are 11th July 2025.
Smarten Power Systems IPO is expected to be listed on 14th July 2025.
The upper price band for the Smarten Power Systems IPO is set at ₹ 100.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Smarten Power Systems IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Smarten Power Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th July 2025. After submission, funds are blocked until the basis of allotment of Smarten Power Systems IPO is finalised.
The merchant banker for Smarten Power Systems IPO is Arihant Capital Markets Limited . Arihant Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Smarten Power Systems IPO RHP for further details.
The registrar for Smarten Power Systems IPO is Maashitla Securities Private Limited . Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Smarten Power Systems IPO through their official website or helpline.
Smarten Power Systems IPO was subscribed 5.51 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 50.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 35.08 Cr.
Sector: Solar
SME
IPO so far:
17
Merchant Banker:
Arihant Capital
SME
IPO by BRLM so far:
5
City:
New Delhi
SME
IPO so far:
165
Revenue (annualised):
₹ 203.19 cr.
PE
Ratio:
14.88x
Average Sector PE Ratio: 19.91x
Smarten Power Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Smarten Power Systems Financial Review Page
Merchant Banker(s) of Smarten Power Systems IPO: Arihant Capital Markets Limited
Smarten Power Systems IPO subscription was 5.51 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Smarten Power Systems IPO listed at a listing price of 144.00 against the offer price of 100.00.
The current market price of Smarten Power Systems is 136.65.
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