Smarten Power Systems Ltd

Initial public offer of up to 50,00,400 equity shares of face value of Rs. 10/- each (Eequity Shares) of the company at an offer price of Rs. [] per equity share (Including a Share Premium of Rs. [] per Equity Share) for cash, aggregating up to Rs. [] crores (Offer) comprising a fresh issue of up to 40,00,800 equity shares aggregating to Rs. [] crores (the Fresh Issue) and an offer for sale of up to 2,66,560 equity shares by Arun Bhardwaj, up to 2,66,545 equity shares by Rajnish Sharma, up to 2,66,545 equity shares by Ravi Dutt and up to 1,99,950 equity shares by Tirath Singh Khaira (The Selling Shareholders or Promoter Selling Shareholders) (Offer for Sale) aggregating to Rs. [] crores, out of which [] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [] per equity share for cash, aggregating Rs. [] crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The offer less market maker reservation portion i.e. offer of [] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [] per equity share for cash, aggregating up to Rs. [] crores is hereinafter referred to as the Net Offer. The offer and net offer will constitute [] % and [*] % respectively of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.