Who is the CEO of Smarten Power Systems Ltd?
- Answer Field
-
The CEO or key managerial personnel of Smarten Power Systems Ltd is Rajnish Sharma.
BAJAJ BROKING
Smarten Power Systems Limited, incorporated in 2014, is involved in the design, assembly, and trading of power backup and solar energy products. Its offerings include Home UPS systems, solar inverters, power conditioning units (PCUs), solar charge controllers, inverter batteries, and solar panels. The company’s products are marketed under the SMARTEN brand, which is also a registered patent. With 372 SKUs across six categories, the company caters to a wide range of energy requirements, combining product design and after-sales service through a network of 382 distributors and 52 service centres.
The company operates in 23 Indian states and two union territories, while also exporting its products—except solar panels—to more than 18 countries across the Middle East, Africa, and South Asia. With 252 department employees as of May 31, 2025, Smarten Power Systems continues to expand its domestic and international presence in the solar and power backup industry.
For more details, visit the Smarten Power Systems IPO page.
Details | Information |
IPO Date | July 7, 2025 to July 9, 2025 |
Issue Size | 50,00,400 shares (aggregating up to ₹50.00 Cr) |
Price Band | ₹100 per share |
Lot Size | 1200 shares |
Listing At | BSE SME |
Market maker | Arihant Capital Markets Limited |
Repayment in full or in part, of certain of our outstanding borrowings
Funding capital expenditure towards establishment of new office premises at Unit no 911, 9th Floor, MINT Sahar, Andheri - kurla Road, Andheri east, Mumbai
Setup of an interactive experience centre at our registered office situated at Unit no 118 and 119, 1st Floor, Ackruti Star, MIDC, Andheri East, Mumbai 400093
General Corporate Purpose
Event | Date |
---|---|
IPO Open Date | Mon, Jul 7, 2025 |
IPO Close Date | Wed, Jul 9, 2025 |
Tentative Allotment | Thu, Jul 10, 2025 |
Initiation of Refunds | Fri, Jul 11, 2025 |
Credit of Shares to Demat | Fri, Jul 11, 2025 |
Tentative Listing Date | Mon, Jul 14, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on July 9, 2025 |
₹100 per share
Application | Lots | Shares | Amount |
Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,40,000 |
Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,40,000 |
HNI (Min) | 3 | 3,600 | ₹3,60,000 |
Log in to Your Trading Account
Access your trading account through your broker’s platform.
Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Select Smarten Power Systems IPO
Find "Smarten Power Systems IPO" and click on the ‘Apply’ button.
Enter Application Details
Specify the number of lots (minimum lot size: 800 shares) and the bid price within the range of ₹100 per share.
Provide Your UPI ID
Enter your UPI ID for payment authorization. Ensure that sufficient funds are available in your linked account.
Review and Submit
Verify all the details entered before submitting the application. Approve the UPI mandate before 5 PM on July 9, 2025, to complete your application process.
Total Assets: Grew from ₹76.01 crore in FY23 to ₹97.24 crore as of March 2025.
Revenue: Reached ₹203.20 crore in FY25.
Profit After Tax (PAT): Stood at ₹12.77 crore for March 2025.
Net Worth: Recorded at ₹38.54 crore in FY25.
Reserves and Surplus: Recorded at ₹23.54 crore (March 2025), growing steadily over the years.
Total Borrowings: Stood at ₹16.59 crore in March 2025.
The company has shown consistent growth in its asset base over recent financial years.
Revenue figures reflect a steady upward trend, indicating expanding operations and market reach.
Profitability has improved, supported by a stable cost structure and increased sales.
The company’s net worth has strengthened, highlighting an improved financial position.
Reserves and surplus have increased progressively, reflecting retained earnings and internal financial stability.
Borrowings remain at a manageable level, suggesting controlled debt and financial discipline.
The company operates in a competitive segment where changes in technology or shifts in market preference could impact demand for its products.
A significant portion of operations depends on distribution and after-sales networks; any disruption in these areas could affect business continuity.
With a broad product portfolio and growing international footprint, the company is positioned to explore new markets and customer segments.
Planned investments from IPO proceeds—such as setting up new offices and an interactive experience centre—may support operational expansion and customer engagement.
KPI | Values |
ROE | 39.72% |
ROCE | 32.58% |
Debt/Equity | 0.43 |
RoNW | 33.14% |
PAT Margin | 6.28% |
EBITDA Margin | 8.39% |
Price to Book Value | 5.82 |
Registrar | Lead Manager(s) |
---|---|
Maashitla Securities Private Limited | Arihant Capital Markets Ltd |
Company Address of Smarten Power Systems Ltd
Smarten Power Systems Limited
374,
1st Floor Pace City-2
Sector - 37,
Gurgaon, Haryana, 122001
Phone: 0124-2210651
Email: cs@smartenpowersystems.com
Website: http://www.smartenpowersystems.com/
Smarten Power Systems Limited operates in the power backup and solar product segment, with activities spanning the design, assembly, and trading of a wide product portfolio under the SMARTEN brand. The company has built a presence across various Indian states and union territories and also exports its products to international regions, excluding solar panels. With a growing distributor and service network, it supports both product sales and post-sales assistance.
The IPO is intended to support a mix of financial and operational objectives, including repayment of borrowings, establishment of a new office, development of an experience centre, and general corporate needs. Investors may refer to the official Smarten Power Systems IPO page for further information and timelines related to the offer.
Interested in more opportunities? Check out our Upcoming IPO section for new listings, and don’t forget to check your IPO allotment status for Smarten Power Systems IPO.
Share this article:
No result found
The CEO or key managerial personnel of Smarten Power Systems Ltd is Rajnish Sharma.
The IPO will open for subscription on July 7, 2025, and will close on July 9, 2025.
Smarten Power Systems Ltd is involved in designing, assembling, and trading power backup and solar products, including home UPS systems, solar inverters, PCUs, charge controllers, batteries, and solar panels. Its model integrates distribution and after-sales service across domestic and international markets. Long-term sustainability would depend on evolving energy demand, product adaptability, and operational execution.
The IPO comprises 50,00,400 equity shares, aggregating up to ₹50.00 crore.
'Pre-apply' refers to the option provided by some platforms that allows investors to place their IPO application in advance before the subscription window officially opens.
After submitting your application and approving the UPI mandate, you will receive a confirmation from your broker or trading platform. Successful mandate approval is typically considered confirmation of order placement.
The minimum lot size is 1,200 shares, and retail investors are required to apply for at least 2 lots, i.e., 2,400 shares, amounting to ₹2,40,000.
The tentative allotment date is July 10, 2025.
The registrar for the IPO is Maashitla Securities Private Limited.
As of now, no governance concerns or red flags have been highlighted in the publicly available IPO documents. Investors may review the Draft Red Herring Prospectus (DRHP) or consult financial advisors for detailed governance insights.
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading