Smarten Power Systems IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Fri Jul 04 2025

Smarten Power Systems IPO is open for bidding on 7th July 2025. It is a fixed price IPO of 50.00 lakh shares worth ₹50.00 crore, comprising a fresh issue of 37,50,000 shares worth ₹37.50 crore, an offer for sale of 9,99,600 shares worth ₹10.00 crore, and 2.50 lakh shares worth ₹2.51 crore reserved for the market maker. The issue will be listed on NSE and SME on its tentative listing date, 14th July 2025.
Smarten Power Systems IPO Details
The Smarten Power Systems IPO date is fixed between 7th July 2025 and 9th July 2025. The face value of Smarten Power Systems Limited shares stands at ₹10 per share, and the IPO price is fixed at ₹100 per share.
Maashitla Securities Private Limited is the registrar of the Smarten Power Systems IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 7th July 2025 |
IPO Close Date | 9th July 2025 |
IPO Allotment Date | 10th July 2025 |
Refund Initiation | 11th July 2025 |
Issue Size | 50,00,400 shares (worth ₹50.00 crore) |
Face Value | ₹10 per share |
Lot Size | 1,200 shares |
Issue Price | ₹100 per share |
Issue Type | Fixed Price IPO |
Listing At | NSE & SME |
Listing Date | 14th July 2025 |
Smarten Power Systems IPO Share Reservation
Smarten Power Systems IPO is a fixed price IPO issue of 50.00 lakh shares worth ₹50.00 crores. Smarten Power Systems Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Reservation Required |
Retail Shares Offered | 23,74,800 (47.49%) |
NII (HNI) Shares Offered | 23,74,800 (47.49%) |
Market Marker | 2,50,800 (5.02%) |
Total Shares Offered | 50,00,400 (100%) |
Smarten Power Systems IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Smarten Power Systems IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
04-07-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
03-07-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
02-07-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
01-07-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
30-06-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
29-06-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
28-06-2025 | ₹100 | ₹0 | ₹100 | 0.00% |
As of 4th July 2025, Smarten Power Systems IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹100 (100+0) on its tentative listing date, 14th July 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Smarten Power Systems IPO.
Stay updated with Univest to get real-time insights on current/upcoming IPOs and their GMP trends!
Also Read : Vandan Foods IPO GMP & Review: Apply or Avoid?
Smarten Power Systems IPO Review

Check out the detailed Smarten Power Systems IPO review for a thorough understanding of its potential to report listing gains on 14th July 2025. The Smarten Power Systems IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Smarten Power Systems IPO.
Smarten Power Systems Limited’s revenue rose 2.24% from ₹198.73 crores in March 2024 to ₹203.20 crores in March 2025. Moreover, the company’s PAT increased by 13.10% from ₹11.29 crores to ₹12.77 crores.
Smarten Power Systems Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Smarten Power Systems IPO for its tentative listing day, which is 14th July 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Smarten Power Systems IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 11.75 |
EPS (Earnings Per Share) | 8.51 |
RoNW | 33.14% |
ROE (Return on Equity) | 39.72% |
ROCE | 32.58% |
PAT Margin (Profit After Tax) | 6.28% |
EBITDA Margin | 8.39% |
Market Capitalisation | ₹190.01 cr. |
The PE ratio of Smarten Power Systems Limited shares is 11.75, and its Earnings Per Share (EPS) stands at 8.51. Thus, the Smarten Power Systems IPO can potentially deliver gains on its tentative listing date, 14th July 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Smarten Power Systems IPO Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | 11.75 | 14.88 |
EPS | 8.51 | 6.72 |
Smarten Power Systems Limited Peer Comparison
Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS | RoNW (in %) |
Smarten Power Systems Limited | 198.73 | 11.75 | 10 | 8.51 | 33.14% |
GP Eco Solutions India Limited | 139.00 | 42.26 | 10 | 8.68 | 15.99% |
Sungarner Energies Limited | 17.85 | 40.81 | 10 | 5.22 | 15.36% |
Smarten Power Systems IPO Subscription Status
Smarten Power Systems IPO is to be opened for bidding on 7th July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Smarten Power Systems IPO Subscription Status.
Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
QIB | Yet to be announced | Yet to be announced | Yet to be announced |
NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
Total | Yet to be announced | Yet to be announced | Yet to be announced |
About Smarten Power Systems Limited

Smarten Power Systems Limited was incorporated in 2014 and is engaged in the design and assembly of power backup and solar products such as Home UPS systems, solar inverters, charge controllers, and power conditioning units. It also trades solar panels and batteries. Being one of the prominent players in the solar energy sector, Smarten Power Systems is likely to deliver sustainable returns over the longer period of time. Smarten Power Systems Limited operates in 23 states and 2 UTs in India and also has an effective global footprint in 17 countries, including South Asia and the Middle East. Here are the major competitive strengths of Smarten Power Systems Limited.
- Technological Advancements
- Innovative Product Range
- Extensive Distribution
- Efficient Supply Chain Management
- Experienced Leadership
Smarten Power Systems Limited Financials
The company’s financial analysis is essential before applying for the Smarten Power Systems IPO. Look at the table to learn about Meta Infotech Limited’s financials.
Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 97.24 | 79.28 | 76.01 |
Revenue | 203.20 | 198.73 | 186.06 |
Profit After Tax | 12.77 | 11.29 | 5.16 |
Debt | 16.59 | 6.68 | 4.13 |
Net Worth | 38.54 | 25.77 | 14.48 |
Explanation
Smarten Power Systems Limited’s revenue rose 2.24% from ₹198.73 crores in March 2024 to ₹203.20 crores in March 2025. Moreover, the company’s PAT increased by 13.10% from ₹11.29 crores to ₹12.77 crores.
Smarten Power Systems IPO Bidding Requirements
Smarten Power Systems IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Investor Category | Lots | Shares | Amount (in Rs) |
Retail (Minimum) | 2 | 2,400 shares | ₹2,40,000 |
Retail (Maximum) | 2 | 2,400 shares | ₹2,40,000 |
HNIs (Minimum) | 3 | 3,600 shares | ₹3,60,000 |
Use the lot size calculator to find how many shares you should apply!
Also Read : Valencia India IPO GMP: Day 1 IPO Live Updates
Smarten Power Systems IPO Promoter Holdings
Have a look at the table below to check the holdings of Meta Infotech Limited’s promoters: Ravi Dutt, Arun Bhardwaj, Rajnish Sharma, and Tirath Singh Khaira.
Share Holding Pre-Issue | 91.67% |
Share Holding Post-Issue | 67.10% |
Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue.
Aim of Smarten Power Systems IPO
The primary aim of the Smarten Power Systems IPO is to raise ₹50.00 crores. On the other hand, Smarten Power Systems Limited has decided to utilise these funds in different prospects. Explore some of the secondary objectives for the Smarten Power Systems IPO.
- To meet general corporate purposes.
- To purchase movable assets of the production line battery manufacturing facility.
- To meet working capital requirements.
- To repay certain borrowings.
- To meet capital requirements.
Should You Invest in Smarten Power Systems IPO?
“SPSL is engaged in power back-up and solar power products in designing and assembling. The company posted growth in its top and bottom lines for the reported periods. The surge in bottom lines from FY24 onwards raises eyebrows. With tailor-made products, the company will be able to maintain the margins going forward. Based on its recent financial data, the issue appears fully priced. Well-informed Investors may park funds for medium to long term.”~Dilip Davda (Chief Editor at Chittorgarh)
Explore the pros and cons of Smarten Power Systems IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Smarten Power Systems IPO
- Innovative Product Range.
- Experienced Management and Promoters.
- Technological Advancements.
Cons of Smarten Power Systems IPO
- Low Market Capitalisation.
- Increase in Debt.
How to Apply for Smarten Power Systems IPO?

Check the steps mentioned below to apply for the Smarten Power Systems IPO.
- Step 1: Conduct thorough research on Smarten Power Systems IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 2 lots of 2,400 shares worth ₹2,40,000 of Smarten Power Systems IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Smarten Power Systems IPO from more than one demat account to increase your allotment chances.
How to Check Smarten Power Systems IPO Allotment Status?
You can check for Smarten Power Systems IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose Smarten Power Systems IPO.
- Choose whether to proceed with the PAN number or the IPO application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Smarten Power Systems IPO allotment status.
Let’s Wrap
Smarten Power Systems IPO is a fixed price issue of 50.00 lakh shares worth ₹50.00 crores. The shares of Smarten Power Systems Limited will be listed on NSE and SME on its tentative listing date of 14th July 2025. Researching the Smarten Power Systems IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
Also Read : Neetu Yoshi IPO GMP & Review: Apply or Avoid?
FAQs on Meta Infotech IPO
How is the Smarten Power Systems IPO?
Ans. Currently, on 4th July 2025, Smarten Power Systems IPO GMP (Grey Market Premium) stands at ₹0 (0.00% up). It indicates that the estimated listing price could be ₹100 per share. It is a fixed price IPO of 50.00 lakh shares worth ₹50.00 crore, comprising a fresh issue of 37,50,000 shares worth ₹37.50 crore, an offer for sale of 9,99,600 shares worth ₹10.00 crore, and 2.50 lakh shares worth ₹2.51 crore reserved for the market maker. The face value of each share of Smarten Power Systems Limited is ₹10.
What is the Smarten Power Systems IPO price?
Ans. Smarten Power Systems’ IPO price has been set at ₹100 per share. Retail investors can apply for a minimum of 2 lots consisting of 2,400 shares worth ₹2,40,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹3,60,000.
Is the Smarten Power Systems IPO good?
Ans. Smarten Power Systems Limited’s revenue rose 2.24% from ₹198.73 crores in March 2024 to ₹203.20 crores in March 2025. Moreover, the company’s PAT increased by 13.10% from ₹11.29 crores to ₹12.77 crores. Investors can analyse other relevant factors and make a decision accordingly.
Who is the registrar of the Smarten Power Systems IPO?
Ans. Maashitla Securities Private Limited is the registrar of the Smarten Power Systems IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Smarten Power Systems IPO allotment and refund, you can contact Maashitla Securities Private Limited at investor.ipo@maashitla.com or +91-11-45121795-96.
What is the issue size of the Smarten Power Systems IPO?
Ans. Smarten Power Systems IPO is a fixed price IPO of 50.00 lakh shares worth ₹50.00 crore, comprising a fresh issue of 37,50,000 shares worth ₹37.50 crore, an offer for sale of 9,99,600 shares worth ₹10.00 crore, and 2.50 lakh shares worth ₹2.51 crore reserved for the market maker. Moreover, the IPO is set to open on 7th July 2025 and will close on 9th July 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Smarten Power Systems IPO, download the Smarten Power Systems IPO RHP and Smarten Power Systems IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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