IPO IPO-Synopsis
Smarten Power Systems Ltd

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Registered Office: 374 1st Floor Pace City-2,Sector-37 , Gurgaon - 122001 , Haryana , India.
Phone : 0124-2210 651   Fax:
Email :  cs@smartenpowersystems.com  
Website :  www.smartenpowersystems.com
Initial public offer of 50,00,400 equity shares of face value of Rs10 each (equity shares) of the company at an offer price of Rs100 per equity share (including a share premium of Rs90 per equity share) for cash, aggregating to Rs50.00 crores (offer) comprising a fresh issue of 40,00,800 equity shares aggregating to Rs40.00 crores (the fresh issue) and an offer for sale of 2,66,560 equity shares by Arun Bhardwaj, 2,66,545 equity shares by Rajnish Sharma, 2,66,545 equity shares by Ravi Dutt and 1,99,950 equity shares by Tirath Singh Khaira (the selling shareholders or promoter selling shareholders) (offer for sale) aggregating to Rs10.00 crores, out of which 2,50,800 equity shares of face value of Rs10 each, at an offer price of Rs100 per equity share for cash, aggregating Rs2.50 crores has been reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. offer of 47,49,600 equity shares of face value of Rs10 each, at an offer price of Rs100 per equity share for cash, aggregating Rs47.50 crores is hereinafter referred to as the net offer. The offer and net offer will constitute 26.32 % and 25.00 % respectively of the post- offer paid-up equity share capital of the company. The face value of the equity shares is Rs10 each and the offer price is 10 times of the face value .

Issue Money Payable On
Opens On Closes On Application Allotment
07-Jul-25 09-Jul-25 Rs100.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 36.30
Arihant Capital Markets Ltd
Project Financed through Current Offer 50.00  
Post Issue Equity Share Capital 19.00  
Issue Price Rs100.00  
Projects
Purchase of movable assets of the production line of battery mfg unitFunding capital expenditure
To meet working capital requirementsGeneral corporate purposes
Repayment in full or in part of its outstanding borrowings
Promoted By
Arun Bhardwaj
Rajnish Sharma
Ravi Dutt
Listing At
NSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd