Mumbai, July 14 -- The scrip was listed at Rs 144, a premium of 44% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 151.20 and a low of Rs 143. About 35.96 lakh shares of the company changed hands at the counter.
Smarten Power Systems' IPO was subscribed 5.26 times. The issue opened for bidding on 7 July 2025 and it closed on 9 July 2025. The price of the IPO was fixed at Rs 100 per share.
The IPO comprised 50,00,400 equity shares, including a fresh issue of 40,00,800 equity shares and offer for sale (OFS) of 9,99,600 equity shares. The promoter and promoter group shareholding diluted to 67.10% from 91.67% pre-offer.
The com...
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