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Home/IPO/SpectraA Technology Solutions IPO
Updated: 24-Sep 9:37
SpectraA Technology Solutions

SpectraA Technology Solutions IPO

ListedNSE SME

Listing at: NSE SME • 17/7 Ali Asker RoadCunningham Rd, Bangalore G.P.OBangalore Rural, Karnataka, 560001

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹81 (68.64%)
Rating:5/5
Est. Listing Price
₹199
Est. Gain: +68.6%
Est. Profit / Lot
₹97,200
Per Retail Application
Price Band
₹118
Face Value: ₹10
Min. Retail Inv.
₹1,41,600
Lot: 1200 Shares
Total Subscription
304.06x
Anchor: Yes

SpectraA Technology Solutions IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
26 Sept 2026₹118+₹8168.64%+₹97,200304.06xFlat
25 Sept 2026₹118+₹8168.64%+₹97,200304.06xFlat
24 Sept 2026₹118+₹8168.64%+₹97,200304.06xFlat
23 Sept 2026₹118+₹8168.64%+₹97,200304.06x↑ Up
20 Sept 2026₹118+₹4538.14%+₹54,00019.93x↑ Up
14 Sept 2026₹118+₹4437.29%+₹52,800-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

SpectraA Technology Solutions IPO Details

IPO Date17 Sept 2026 to 21 Sept 2026
Listing AtNSE SME
Face Value₹10 per share
Price Band₹118
Lot Size1200 Shares
Total Issue Size₹42.52 Cr(₹1,255.57 Cr)
Fresh Issue32.56L shares (₹38.42 Cr)
Offer for Sale (OFS)₹4.11 Cr (approx 2.74 Cr shares)
Issue TypeSME Issue

SpectraA Technology Solutions IPO Timetable

IPO Open Date17 Sept 2026
IPO Close Date21 Sept 2026
Basis of Allotment22 Sept 2026
Initiation of Refunds22 Sept 2026
Credit of Shares to Demat22 Sept 2026
Listing Date24 Sept 2026
Cut-off time for UPI Mandate5 PM on 21 Sept 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

SpectraA Technology Solutions IPO Reservation

CategoryReservationShares Offered
QIB Shares Offered49.95%17,08,800
− Anchor Investor Shares Offered–10,24,800
− QIB (Ex. Anchor) Shares Offered–6,84,000
NII (HNI) Shares Offered15.05%5,14,800
− bNII > ₹10L Shares Offered–3,43,200
− sNII < ₹10L Shares Offered–1,71,600
Retail Shares Offered35.01%11,97,600
Market Maker Shares Offered–1,82,400

SpectraA Technology Solutions Anchor Details

PDF
Anchor Bid Date15 Sept 2026
Anchor Shares Offered10,24,800 Shares
Total Anchor Portion₹12.09 Cr
Lock-in 50% End Date21 Oct 2026 (30 Days)
Lock-in Rem. 50% Date20 Dec 2026 (90 Days)

SpectraA Technology Solutions IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Individual investors (IND) (Min)2 Lots Shares₹2,83,200–
Individual investors (IND) (Max)2 Lots Shares₹2,83,200–
S-HNI (Min)3 Lots Shares₹4,24,800–
S-HNI (Max)7 Lots Shares₹9,91,200–
B-HNI (Min)8 Lots Shares₹11,32,800–

SpectraA Technology Solutions Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

SpectraA Technology Solutions IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:304.06x
04:27 pm
Investor CategoryShares OfferedShares BiddedSubscription Times
QIB6,84,00014,4000.02x
HNIs5,14,8001,01,48,40019.71x
bHNI3,43,20063,21,60018.42x
sHNI1,71,60038,26,80022.30x
Individual11,97,6003,78,45,60031.60x
Total23,96,4004,80,08,40020.03x

SpectraA Technology Solutions Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
30 Mar 2026₹106.29 Cr₹103.05 Cr₹11.56 Cr₹19.26 Cr₹24.81 Cr₹26.96 Cr
30 Mar 2025₹100.00 Cr₹75.53 Cr₹4.91 Cr₹10.13 Cr₹13.12 Cr₹17.21 Cr
30 Mar 2024₹66.64 Cr₹89.68 Cr₹2.00 Cr₹4.48 Cr₹8.18 Cr₹14.19 Cr

SpectraA Technology Solutions Key Valuation & Financial KPIs

ROE60.95%
ROCE37.61%
Debt / Equity1.09x
P/E (Post IPO)13.63
EBITDA Margin19.04%
Market Cap₹157.5 Cr

SpectraA Technology Solutions IPO Analysis

Review the company's key advantages and material business risks.

9 Strengths

Strengths & Positives

Competitive advantages and operational merits

  • Incorporated in 2009, Spectraa Technology Solutions Limited provides engineering, designing, fabrication, installation, commissioning and decommissioning services for greenfield and brownfield projects across industries including breweries, distilleries, food and beverages, malt spirit and blending, extraction plants, FMCG and pharmaceuticals.

  • The company operates across multiple product verticals, including commercial brewery equipment, distillery equipment, food and beverage plants, microbrewery equipment, malt spirit equipment and extraction plants. Its solutions include turnkey brewing and distillation systems, process equipment, extraction vessels, storage tanks and related plant systems.

  • The company operates two manufacturing facilities in Bengaluru and Jaipur, with an aggregate built-up area of approximately 33,214.75 sq. ft. Its in-house fabrication capabilities support the manufacturing and delivery of customised equipment and project solutions.

  • Geographical Advantage: The company operates manufacturing facilities in Bengaluru and Jaipur, giving it a presence across two strategic locations. This geographical spread supports its manufacturing and project execution capabilities.

  • In-House Product Fabrication: Spectraa has in-house product fabrication capabilities, enabling greater control over the manufacturing process and customised equipment requirements. This supports its ability to execute turnkey industrial projects.

  • Diversified & Sustainable Order Book: The company serves multiple industries and product verticals, reducing dependence on a single application area. Its diversified order book provides visibility across brewery, distillery, food and beverage, FMCG and pharmaceutical projects.

  • Customer Concentration: A significant portion of the company's revenue is derived from a limited number of customers. The loss of a customer, deterioration in its financial condition or a reduction in demand could adversely affect the company's business and financial performance.

  • Dependence on Limited Suppliers: The company depends on a limited number of suppliers for its raw materials. Any disruption in supply or adverse changes in supply terms could materially affect its operations and business performance.

  • Use of IPO Proceeds for Debt Repayment: A portion of the Net Proceeds is proposed to be used for repayment of a term loan availed by the company. Accordingly, the portion of the proceeds used for debt repayment will not result in the creation of tangible assets.

About SpectraA Technology Solutions Limited

SpectraA Technology Solutions IPO is a book build issue of ₹42.52 crores. The issue is a combination of fresh issue of 32.56 lakh shares aggregating to ₹38.42 crores and offer for sale of 3.48 lakh shares aggregating to ₹4.11 crores.SpectraA Technology Solutions IPO bidding started from Sep 17, 2026 and ended on Sep 21, 2026. The allotment for SpectraA Technology Solutions IPO was finalized on Sep 22, 2026. SpectraA Technology Solutions IPO will list on the NSE SME with a tentative listing date fixed as Sep 24, 2026.SpectraA Technology Solutions IPO is set final issue price at ₹118 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,83,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,24,800.Indcap Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Asnani Stock Broker Pvt.Ltd.Refer to SpectraA Technology Solutions IPO RHP for detailed Information.

Incorporated in January 2009, SpectraA Technology Solutions Limited is an engineering and technology solutions provider engaged in the design, fabrication, installation, commissioning and decommissioning of greenfield and brownfield projects. The Company undertakes projects from engineering and design to fabrication, installation, commissioning and handover, with in-house manufacturing of key equipment and customised process plant systems. Its product portfolio includes commercial brewery equipment, distillery equipment, food and beverage plants, microbrewery equipment, malt spirit equipment and extraction plants. The Company also uses standardised modules and designs and deploys dedicated project teams at client sites to support timely project execution and cost control. The Company has built process systems in accordance with ISO 9001:2015 and undertakes customised projects based on customer specifications. Its solutions are used for applications including beer brewing, fermentation, distillation, spirit production, extraction of flavours and colours from plant-based inputs, and processing of food and beverage products. The Company operates two manufacturing facilities located in Bengaluru and Jaipur, with an aggregate built-up area of approximately 33,215 sq. ft. It follows a dual-sourcing approach for critical inputs and develops local vendor bases around its manufacturing hubs to support procurement and project schedules. The Company has also installed an aggregate 100 kWp rooftop solar capacity across its Malur plant, Jaipur plant and registered office, supporting reduction in power costs. The Company has completed projects across various industries and maintains a diversified order book covering breweries, distilleries, food and beverages, malt spirit and blending, extraction plants, FMCG and pharmaceuticals. As of August 31, 2026, the Company had 79 employees across management, sales, accounts, project and site operations, production, purchase, design and engineering, electrical, logistics and other functions. • Diversified and sustainable order book. • Diversified product and industry portfolio. • End-to-end project execution capabilities. • Experienced leadership and skilled workforce. • Two strategically located manufacturing facilities. • In-house fabrication and manufacturing capabilities. • Quality-focused and ISO 9001:2015 compliant systems.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio25.36%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

SpectraA Technology Solutions IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
Maashitla Securities Pvt.Ltd.Live Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

SpectraA Technology Solutions IPO Registrar & Lead Managers

Registrar of the Issue
Maashitla Securities Pvt.Ltd.
011-45121795
Book Running Lead Managers (BRLM)
  • Indcap Advisors Pvt.Ltd.
Registered Office

17/7 Ali Asker RoadCunningham Rd, Bangalore G.P.OBangalore Rural, Karnataka, 560001