Smarten Power Systems IPO subscription started on Monday, July 7, 2025, and the IPO will close on July 9, 2025, as per the schedule. The price band is set at ₹100 per share with a face value of ₹10.
Smarten Power Systems IPO Subscription Status
Smarten Power Systems IPO subscribed over 5.51x on its last day till 5.00 PM on 9 July 2025.
- Smarten Power Systems IPO subscription QIB investors’ portion was 0.00 times, while NII subscribers subscribed 6.31 times, and RII investors subscribed 4.66 times.
- The company has received bids for 2,61,74,400 shares against 47,49,601 on offer for the last-day subscription.
- Smarten Power Systems IPO 5.51x on its day 3.
- Smarten Power Systems IPO 0.90x on its day 2.
- Smarten Power Systems IPO subscribed over 0.11x on its day 1.
About Smarten Power Systems Company
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.
Smarten Power Systems Financial Report
The company reported revenue of ₹203.20 crores in 2025 against ₹198.73 crores in 2024. The company reported profit of ₹12.77 crores in 2025 against profit of ₹11.29 crores in 2024.
Smarten Power Systems IPO GMP:
Smarten Power Systems IPO GMP was ₹0 as of Wednesday, 9th July 2025. That indicates the IPO is trading at ₹100 with a ₹0 premium in the grey market against the issue price of ₹100.
