ListedSMEPower Generation/DistributionSMARTEN

Smarten Power Systems IPO

Smarten Power Systems IPO is an SME IPO raising ₹50 Cr at a fixed price of ₹100 a share. It listed on 14 Jul 2025 at ₹144, +44.0% against its issue price of ₹100, and trades at ₹54 today (−46.4% since issue). It was subscribed 0.03× in total.

Get alerts on this company Company page Prospectus ↗

₹100

Issue price

₹54

Price now

−46.4%

Since issue price

14 Jul 2025

Listed on

0.03×Subscribed (final) · all exchanges

Only 3% of shares on offer have been bid for

populated partly populated we hold nothing here — the tab says why

Source documents

What the issuer and the exchanges published. Everything else on this tab is read out of these.

Prospectus on SEBI ↗

The full prospectus — business, financials, risk factors and litigation.

Basis of issue price (peer ratios) ↗

The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.

Read-out of the prospectus

A severity-ranked risk register with every item cited to its page, plus litigation counts and rupee exposure and related-party dealings, are being built from the prospectus above. We read prospectuses for current and upcoming issues — historical issues will not gain these sections.