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Smarten Power Systems, an Indian firm, launches IPO to raise ₹50 crore, shares priced at ₹100 each.
Smarten Power Systems, an Indian company specializing in power backup and solar products, will launch its IPO on July 7, aiming to raise ₹50 crore.
Shares are priced at ₹100 each, with proceeds to be used for asset purchase, working capital, and debt repayment.
The IPO is open for subscription until July 9 and will be listed on the NSE on July 14.
The company reported a revenue of ₹203.20 crore and a profit of ₹12.77 crore in FY25.
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Smarten Power Systems, una firma india, lanza una oferta pública inicial para recaudar ₹ 50 crores, las acciones tienen un precio de ₹ 100 cada una.