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Smarten Power Systems Ltd
Smarten Power Systems Ltd
Registered Office : 374 1st Floor Pace City-2,Sector-37,Gurgaon Haryana 122001 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 Rs. 10 each (equity shares) of the company at an offer price of Rs. 100 per equity share (including a share premium of Rs. 90 per equity share) for cash, aggregating to Rs. 50.00 crores (offer) comprising a fresh issue of 40,00,800 equity shares aggregating to Rs. 40.00 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 Rs.10.00 crores, out of which 2,50,800 equity shares of face value of Rs. 10 each, at an offer price of Rs. 100 per equity share for cash, aggregating Rs. 2.50 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 Rs. 10 each, at an offer price of Rs. 100 per equity share for cash, aggregating Rs. 47.50 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 Rs. 10 each and the offer price is 10 times of the face value .
Opens On
Closes On
07-Jul-2025
09-Jul-2025
Application
Allotment
100.00
0.00
Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
36.30
50.00
19.00
100.00
Arihant Capital Markets Ltd
- Purchase of movable assets of the production line of battery mfg unit
- To meet working capital requirements
- Repayment in full or in part of its outstanding borrowings
- Funding capital expenditure
- General corporate purposes
- Arun Bhardwaj
- Rajnish Sharma
- Ravi Dutt
- NSE - SME
- Maashitla Securities Pvt Ltd