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flag Smarten Power Systems, an Indian firm, launches IPO to raise ₹50 crore, shares priced at ₹100 each.

flag 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. flag Shares are priced at ₹100 each, with proceeds to be used for asset purchase, working capital, and debt repayment. flag The IPO is open for subscription until July 9 and will be listed on the NSE on July 14. flag The company reported a revenue of ₹203.20 crore and a profit of ₹12.77 crore in FY25.

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