Smarten Power Systems' IPO is set to open on July 7, 2025, and will close on July 9, 2025. This IPO is being offered as a Fixed Price Issue. The company aims to raise approximately ₹50.00 crores, which includes a fresh issue of ₹40 crores and an offer for sale of up to 9,99,600 equity shares, each having a face value of ₹10.

The issue is priced at ₹100 per share. The quota distribution is such that 50% is reserved for retail investors, 50% for HNIs, and 0% for QIBs. The shares are expected to be listed on the NSE on July 14, 2025, and the allotment date is scheduled for July 10, 2025.

Financially, the company posted a revenue of ₹203.20 crores in FY 2025, up from ₹198.73 crores in FY 2024. Net profit also rose from ₹11.29 crores in 2024 to ₹12.77 crores in 2025. Considering this steady growth, the IPO appears to be a suitable investment for long-term investors.

About Smarten Power Systems IPO

Smarten Power Systems Limited, founded in 2014, is one of the prominent companies involved in designing and assembling power backup and solar products such as Home UPS systems, solar inverters, power conditioning units, charge controllers, and trading of solar panels and batteries. Currently, the company runs in 23 states and 2 union territories in India, with a 17 countries. Under the SMARTEN brand, the company builds and trades products. The company’s portfolio consists of 372 SKUs across six categories: home UPS systems, solar inverters, PCUs, charge controllers, solar panels, and batteries. Currently, the company runs a network of 382 distributors and 52 service centers for after-sales support. The company includes 252 department employees as of May 31, 2025.

Objects of the Issue (JNK India IPO Objectives)

• Purchase of movable assets of the production line of battery manufacturing unit
• To meet the working capital requirements
• Repayment in full or in part, of the outstanding borrowings
• Funding capital expenditure requirements
• General corporate purposes

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Smarten Power Systems IPO Company Financial Report

Smarten Power Systems IPO Company Financial Report