How it has done since the IPO
Closing prices since listing: 23 Oct ₹51.00, 26 Oct ₹52.50, 28 Oct ₹57.75, 29 Oct ₹57.85, 30 Oct ₹57.60, 2 Nov ₹57.00, 3 Nov ₹60.25, 4 Nov ₹65.40, 5 Nov ₹71.90, 6 Nov ₹79.05.
| Listing day | 14 Jul 2025 |
| Open / high / low / close | ₹144.00 / ₹151.20 / ₹143.00 / ₹151.20 |
| Shares traded on NSE | 37,38,000 |
| Market value at the listing-day close | ₹287 cr |
Smarten Power Systems share price, live chart and technicals →
The IPO's journey
Anchor4 Jul
Opens7 Jul
Closes9 Jul
Allotment10 Jul
In demat11 Jul
Listing14 Jul
Subscription
Shares offered and bid, by group
| Investor category | Shares bid for |
|---|
| Institutions (QIB) | 1,22,400 |
| HNI / NII | 1,51,02,000 |
| Total | 1,52,24,400 |
NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 9 Jul 2025 19:00.
Who the issue was for
Bids by price
Top price ₹100 100.00%
Applications from individual investors
4,616 applications in the individual investors' category (bidding for the minimum 2 lots).
NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.
Financials and valuation
| At issue price | Now |
|---|
| Market value | ₹190 cr | ₹150 cr |
| P/E (last 12 months' profit) | 12.7 | 10.1 |
| Revenue, last 12 months | ₹332 cr |
| Profit, last 12 months | ₹15 cr |
| Return on equity | – |
| Debt to equity | – |
From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.
Other recent IPOs: Other Electrical Equipment