Smarten Power Systems Ltd. has announced public offering of 7124400 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 7,124.40 lakhs.

The company's initial public offer (IPO) will open on 07 July 2025 and is expected to close on 09 July 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 7124400 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Smarten Power Systems Ltd. anticipates using the proceeds of the issue for .

Arihant Capital Markets Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.