Smarten Power Systems IPO

LISTED
SME

NSE • Lot Size: 1200 • SME

Issue100
Listed144+44%
Now70.4-29.6%
29.6%

*Last updated on 11 Jan 2026

Price Band

₹100 - ₹100

Lot Size

1200

Issue Size

₹50 Cr

GMP

N/A

Subscription

5.51x

Analyzing...

IPO Schedule

1

Open

7 Jul 2025

2

Close

9 Jul 2025

3

Allotment

-

4

Listing

14 Jul 2025

About Smarten Power Systems

Smarten Power Systems is an SME focused on providing power solutions, likely including inverters, UPS systems, and related products. The company caters to both residential and commercial sectors, contributing to the growing power backup and energy efficiency market.

Key Strengths

  • High Return on Equity (ROE) of 39.72% indicates efficient utilization of shareholder funds and strong profitability.
  • Relatively low Price-to-Earnings (P/E) ratio of 11.75 suggests the IPO may be attractively priced compared to industry peers (further peer comparison needed for confirmation).
  • Growing demand for power backup solutions in India due to unreliable grid infrastructure and increasing power consumption.
  • Focus on both residential and commercial sectors allows for diversified revenue streams.
  • SME segment listing provides potential for high growth if the company executes its expansion plans effectively.

Risk Factors

  • SME IPOs are generally more volatile and carry higher risk due to lower liquidity and limited historical data.
  • Competition from established players in the power solutions market could impact market share and profitability.
  • Dependence on raw material prices and supply chain disruptions could affect manufacturing costs and timely delivery.

Valuation Analysis

Considering the high ROE and relatively low P/E ratio, the IPO appears reasonably valued; however, investors should conduct thorough due diligence and compare Smarten Power Systems with its direct competitors to assess the long-term investment potential.

IPO Details

ExchangeNSE
SegmentSME
ISININE14GK01016
NSE SymbolSMARTEN
Face Value10
Lot Size1200
Issue Size₹50 Cr

Key Metrics

ROE39.72%
ROCE32.58%
P/E Ratio11.75
Industry P/E20
EPS8.51
PAT Margin6.28%
Debt/Equity0.43

Growth & Quality

ProfitableYes ✓

Subscription

Total0.11x
Imbalance Ratio4.4x

Documents

RHP not available

Key Dates

Open Date7 Jul 2025
Close Date9 Jul 2025
Listing14 Jul 2025