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Smarten Power Systems Ipo


Objects of the Issue

  • Purchase of movable assets of the production line of battery manufacturing unit

  • To meet the working capital requirements

  • Repayment in full or in part, of the outstanding borrowings

  • Funding capital expenditure requirements

  • General corporate purposes

Smarten Power Systems IPO Review

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Arihant Capital Markets Ltd

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹1,20,000
Retail Maximum 1 1200 ₹1,20,000
S-HNI Minimum 2 2,400 ₹2,40,000

IPO Open Date: July 7, 2025
IPO Close Date: July 9, 2025
Basis of Allotment: July 10, 2025
Refunds: July 11, 2025
Credit to Demat Account: July 11, 2025
IPO Listing Date: July 14, 2025

Period Ended Revenue Expense Profit After Tax Assets
2023 ₹186.06 ₹178.85 ₹5.16 ₹76.01
2024 ₹198.73 ₹182.64 ₹11.29 ₹79.28
2025 ₹203.20 ₹186.04 ₹12.77 ₹97.24

KPI Values
ROE: 39.72%
ROCE: 32.58%
EBITDA Margin: 8.39%
PAT Margin: 6.28%
Debt to equity ratio: 0.43
Earning Per Share (EPS): ₹8.51 (Basic)
Price/Earning P/E Ratio: 11.75
Return on Net Worth (RoNW): 33.14%
Net Asset Value (NAV): ₹25.69

Company EPS PE Ratio RoNW % NAV Income
GP Eco Solutions Limited 8.85 42.26 15.99% 55.36 247.44 Cr.
Sungarner Energies Limited 7.45 40.81 15.36% 48.46 33.64 Cr.

IPO Open Date: July 7, 2025
IPO Close Date: July 9, 2025
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹100 Per Share
Issue Size: Approx ₹50.00 Crores
Fresh Issue: Approx ₹40.00 Crores
Offer for Sale: Approx 9,99,600 Equity Shares
Issue Type: Fixed Price Issue
IPO Listing: NSE SME
Retail Quota: Not more than 50%
NII Quota: Not more than 50%
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

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