Smarten Power Systems Limited
ListedSMEManufacturing · NSE
Smarten Power Systems Limited, established in 2014, specializes in designing and assembling a wide range of power backup and solar products. These include home UPS systems, solar inverters, power conditioning units, charge controllers, and it also trades solar panels and batteries. The company operates across 23 Indian states and two union territories, and has expanded its reach to 17 countries globally, covering regions such as the Middle East, Africa, and South Asia. It markets and assembles products under its own SMARTEN brand, which is backed by a registered patent. The company offers 372 product variants across six major categories, which include home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries. Smarten works through a distribution network of 382 partners and provides after-sales support via 52 service centers. As of May 31, 2025, the company employs 252 staff members across various departments.
Price Band
₹100
Issue Size
₹50.00 Cr
Lot Size
1200 shares
GMP
₹15
+15.0%
Est. Listing
₹115
at current GMP
Subscribed
5.54x
overall
Open
7 Jul 2025
Close
9 Jul 2025
Allotment
10 Jul 2025
Refund
11 Jul 2025
Demat Credit
12 Jul 2025
Listing
14 Jul 2025
Last updated 12 days ago
Overall Subscription
5.54x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
6.41x
High Net-Worth
Retail (RII)
4.66x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,374,800 | 15,224,400 | 6.41x |
| RETAIL | 2,374,800 | 11,078,400 | 4.66x |
| Total | 4,749,600 | 26,302,800 | 5.54x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 989 | 4,616 | 4.67x |
| Total Applications | 989 | 4,616 | 4.67x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Smarten Power Systems Limited Public Issue & Market Profile
Smarten Power Systems Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹50 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-12, while un-allotted funds or UPI block mandates will be released on 2025-07-11.
Frequently Asked Questions
What is Smarten Power Systems Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Smarten Power Systems Limited IPO is ₹15 per equity share. Based on the upper price band of ₹100 to ₹100 per equity share, the estimated listing price is ₹115 (+15.0% expected listing gain).
What is the expected profit per lot for Smarten Power Systems Limited IPO?
With a lot size of 1200 shares and current GMP of ₹15, the expected profit per application lot is approx ₹18,000 (+15.0% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Smarten Power Systems Limited IPO?
The Smarten Power Systems Limited IPO aggregate issue size is ₹50 Crores with an equity price band set at ₹100 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Smarten Power Systems Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.54x (Retail: 4.66x, QIB: 0.00x, NII: 6.41x). You can track live multiples directly on our dedicated subscription page.
Where and when will Smarten Power Systems Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-07-10. Investors can verify status using PAN card or application number.
When is the listing date for Smarten Power Systems Limited IPO?
Smarten Power Systems Limited shares are scheduled to list on NSE on 2025-07-14.