Smarten Power Systems SME IPO Subscription
ListedUpdated 14 July 2025, 9:15 AM IST· NSE SME
Smarten Power Systems SME IPO subscription closed on 9 July 2025 at 5.51x overall by shares. NII at 6.30x, and retail at 4.61x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 10 July 2025. Listing date on NSE and BSE is 14 July 2025.
Smarten Power Systems SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Jul 2025 | - | 0.00x | 0.22x | 0.11x |
| Day 2 - 8 Jul 2025 | - | 1.13x | 0.68x | 0.91x |
| Day 3 - 9 Jul 2025 | - | 6.30x | 4.61x | 5.48x |
Smarten Power Systems SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Smarten Power Systems SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 4.61x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Smarten Power Systems SME IPO Allotment Status page from 10 July 2025 for your result.
Smarten Power Systems SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 100.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 23.75 Cr | Rs 149.63 Cr | 6.30x |
| IND | Rs 23.75 Cr | Rs 109.58 Cr | 4.61x |
| Total | Rs 47.50 Cr | Rs 259.21 Cr | 5.46x |
What Do These Subscription Numbers Mean?
5.51x overall by shares means bids covered about 6 times the shares on offer. Allotment chances depend on applications in each category.
NII covers bids above Rs 2 lakh (6.30x by shares). SHNI and BHNI allotment is by lottery.
Retail at 4.61x by shares. Exact lottery chances need application data.
Smarten Power Systems SME IPO GMP After Subscription
GMP for Smarten Power Systems SME stands at Rs 15.00 today, giving an estimated listing price of Rs 115.00 per share.
A subscription of 5.51x combined with a GMP of 15.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Smarten Power Systems SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Smarten Power Systems SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 July 2025 |
| IPO Close Date | 9 July 2025 |
| Allotment Date | 10 July 2025 |
| Refund Initiation | 11 July 2025 |
| Share Credit to Demat | 11 July 2025 |
| Listing Date | 14 July 2025 |
| Minimum Investment | Rs 2,40,000.00 |
| Lot Size | 1200 shares |
About Smarten Power Systems SME
Smarten Power Systems Limited, established in 2014, specializes in designing, assembling, and supplying a wide range of power backup and energy-efficient solutions, particularly focusing on solar power products. Their key products include Home UPS systems, solar inverters (pure sine wave and hybrid), solar power conditioning units (PCUs), solar charge controllers (MPPT-based), tubular batteries, and EV chargers (an emerging product line). The company also trades in solar panels and batteries.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Smarten Power Systems SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Smarten Power Systems SME Details
Issue size, price, financials, and company info
Smarten Power Systems SME GMP
Live grey market premium and listing estimate
Smarten Power Systems SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Smarten Power Systems SME Allotment
Allotment date, chances, and check by PAN
Smarten Power Systems SME Review
SWOT, strengths, risks, and IPO review
Smarten Power Systems SME FAQ
Common questions on dates, GMP, and allotment
Smarten Power Systems SME Registrar
Registrar website and how to check allotment
Smarten Power Systems SME Timeline
Open, close, allotment, and listing dates
Smarten Power Systems SME News
Updates, blogs, and latest IPO news
Smarten Power Systems SME IPO Subscription FAQs
What is Smarten Power Systems SME IPO subscription status today?
Smarten Power Systems SME IPO subscription closed on 9 July 2025 with overall subscription of 5.51x (by shares) as of 27 August 2026, 4:32 AM IST. QIB N/A, NII 6.30x, IND 4.61x.
What is the overall subscription of Smarten Power Systems SME IPO?
Smarten Power Systems SME IPO is subscribed 5.51x overall by shares at close on 9 July 2025. QIB N/A, NII 6.30x, and IND 4.61x.
What is Smarten Power Systems SME IPO QIB subscription?
QIB subscription for Smarten Power Systems SME IPO will appear here once institutional bids are recorded.
What is Smarten Power Systems SME IPO IND subscription?
Smarten Power Systems SME IPO IND subscription is 4.61x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Smarten Power Systems SME IPO NII, SHNI, and BHNI subscription?
Smarten Power Systems SME IPO NII subscription is 6.30x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Smarten Power Systems SME IPO retail allotment chances?
Smarten Power Systems SME IPO retail share subscription is 4.61x. Application data is needed for exact lottery chances.
What are Smarten Power Systems SME IPO SHNI allotment chances?
Smarten Power Systems SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Smarten Power Systems SME IPO BHNI allotment chances?
Smarten Power Systems SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Smarten Power Systems SME IPO allotment date?
Smarten Power Systems SME IPO allotment date is 10 July 2025. Check Smarten Power Systems SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Smarten Power Systems SME IPO subscription close?
Smarten Power Systems SME IPO subscription closed on 9 July 2025. No new applications are accepted after the close.
What is Smarten Power Systems SME IPO GMP today?
Smarten Power Systems SME IPO GMP is ₹15 today (+15.00% over issue price ₹100). See live GMP on the Smarten Power Systems SME IPO GMP Today page.
What is Smarten Power Systems SME IPO issue price and lot size?
Smarten Power Systems SME IPO issue price is ₹100 per share. Lot size is 1200 shares. Minimum investment is ₹2,40,000 per lot (minimum 2 lots for SME). Issue size: ₹47.50 Cr.
When is Smarten Power Systems SME IPO listing date?
Smarten Power Systems SME IPO listing date is 14 July 2025 on NSE and BSE. Allotment is on 10 July 2025.
How does subscription affect Smarten Power Systems SME IPO allotment?
In Smarten Power Systems SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 5.51x overall, competition is moderate.
For allotment results from 10 July 2025, visit the Smarten Power Systems SME IPO Allotment Status page. For listing day updates on 14 July 2025, download the IPOwiz App.
Sources
We match Smarten Power Systems SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.