Smarten Power System, a manufacturer of solar and power backup solutions, is set to launch its Rs. 50 crore initial public offering (IPO) from July 7 to July 9, 2025. Priced at Rs. 100 per equity share, the offering comprises a fresh issue of Rs. 40.01 crore and an offer for sale worth Rs. 10 crore. The company aims to strengthen its production capacity, reduce debt, and fund operational and capital expenses. With plans to list on NSE Emerge, Smarten seeks to build on its momentum, leveraging India’s clean energy push and growing demand for energy storage systems.