Smarten Power Systems Ltd
Pre Issue Shares
1,50,00,000
No. of Shares Issued
50,00,400
Pre Issue Equity Amt.
₹15 Cr
DP Filling Date
30 December 2024
Smarten Power Systems Ltd IPO Timeline
Smarten Power Systems Limited was incorporated as 'Smarten Power Systems Private Limited' as a Private Limited Company dated July 30, 2014 issued by the Registrar of Companies, Haryana. Further, Company's status has been converted into a Public Limited Company followed by the change in name of the Company as 'Smarten Power Systems Limited' and a fresh Certificate Incorporated has been issued by the Registrar of Companies, Central Processing Centre on November 20, 2024.
Smarten Power Systems Ltd IPO Details
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| Company Promoters | Arun Bhardwaj, Rajnish Sharma, Ravi Dutt |
- Strengths
- Risks
- Opportunities
- Innovative Product Range and Technological Advancements.
- Strong Research and Development (R&D) Capabilities.
- Extensive Distribution and After-Sales Service Network.
- Vendor Relationships and Supply Chain Efficiency.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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
Smarten Power Systems Ltd IPO Prospectus
Smarten Power Systems Ltd IPO Listing Date
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| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
374 1st Floor Pace City-2Sector-37,Gurgaon-122001
Phone: 0124-2210 651
Email: cs@smartenpowersystems.com
Website: www.smartenpowersystems.com
Smarten Power Systems Ltd IPO Registrar
Smarten Power Systems Ltd IPO Lead Manager(s)
- Arihant Capital Markets Ltd