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SPECTRAA · NSE · Industrial Products
SpectraA Technology Solutions IPO listed on 24 Sep 2026 on NSE at ₹224.20, a gain of 90.00% over the issue price of ₹118.00. The IPO was subscribed 304.06x overall.
SpectraA Technology Solutions IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 17 Sep 2026 |
| IPO Close Date | 21 Sep 2026 |
| Basis of Allotment | 22 Sep 2026 |
| Initiation of Refunds | 23 Sep 2026 |
| Credit of Shares to Demat | 23 Sep 2026 |
| Listing Date | 24 Sep 2026 |
Listing day gain
+90%
Listed at ₹224.2 (issue ₹118)
Issue
₹118
Listing
₹224.2
Current
₹235.4
+99.49% vs issue
Day range
₹224.2 – ₹235.4
Issue Size
3,603,600 shares
(aggregating up to ₹43.00 Cr)
Issue Price
₹112 – ₹118
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹283,200
Listing At
NSE
Sale Type
both
Fresh Issue
3,073,200 shares
(aggregating up to ₹36 Cr)
Offer for Sale
348,000 shares
(aggregating up to ₹4 Cr)
Reserved for Market Maker
182,400 shares
(aggregating up to ₹2.00 Cr)
Issue Type
book building
Open Date
17 Sep
Close Date
21 Sep
Allotment
22 Sep
Listing
24 Sep
Last updated: 1 week ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 23 Sep 2026 Latest | ₹118 | ₹77 | ₹195 | ₹77 |
65.25%
|
4:58 PM |
| 23 Sep 2026 | ₹118 | ₹77 | ₹195 | ₹77 |
65.25%
|
4:27 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 21 Sep 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 184.55x | - |
| NII | 441.66x | - |
| bNII (bids above ₹10L) | 487.57x | - |
| sNII (bids below ₹10L) | 349.83x | - |
| Individual Investors | 313.16x | - |
| Total | 304.06x | - |
Showing the latest subscription snapshot.
View full subscription historyA L Arun Kumar, Sailaja Arun Kumar, Praveen Kumar Appukuttan Nair Leela and Divya Praveen are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹283,200 |
| Retail (Max) | 2 | 2,400 | ₹283,200 |
| S-HNI (Min) | 3 | 3,600 | ₹424,800 |
| S-HNI (Max) | 7 | 8,400 | ₹991,200 |
| B-HNI (Min) | 8 | 9,600 | ₹1,132,800 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,708,800 (47.42%) |
|
•
Anchor Investor Shares Offered
|
1,024,800 (28.44%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
684,000 (18.98%) |
| NII (HNI) Shares Offered | 514,800 (14.28%) |
|
•
bNII > ₹10L
|
343,200 (9.52%) |
|
•
sNII < ₹10L
|
171,600 (4.76%) |
| Individual Investors Shares Offered | 1,197,600 (33.24%) |
| Market Maker Shares Offered | 182,400 (5.06%) |
| Total Shares Offered | 3,603,600 (100.00%) |
Incorporated in January 2009, Bengaluru-headquartered SpectraA Technology Solutions Limited has established itself as an elite engineering and turnkey project execution powerhouse. The enterprise transitioned into a public limited entity to back its widening multi-state operations and clear its pathway for an initial public offering.
The business addresses high-stakes execution needs across heavily regulated process industries. SpectraA specializes in providing end-to-end engineering, custom fabrication, modular installation, and operational commissioning for both greenfield and brownfield process plants. While it serves the food, beverage, extraction, and fast-moving consumer goods (FMCG) sectors, the firm holds a dominant market niche in designing complex, high-capacity commercial breweries, craft microbreweries, and automated spirit blending distilleries.
Operating two advanced, high-tech manufacturing facilities spanning over 33,000 square feet across Bengaluru and Jaipur, SpectraA ensures microscopic quality control over its in-house equipment builds. Backed by an ISO 9001:2015 compliant ecosystem, its specialized engineering teams handle everything from initial design layouts to lifetime operations and maintenance (O&M) support. As the tech-driven engineering firm launches its public offer on the NSE SME platform, it stands out as an innovation-first industrial pioneer primed to scale global liquid-processing infrastructure.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Sep 2025 |
|---|---|---|---|
| Total Revenue | 89.68 | 75.53 | 34.12 |
| Profit After Tax (PAT) | 2 | 4.91 | 4.41 |
| EBITDA | 4.48 | 10.13 | 7.6 |
| Total Assets | 66.64 | 100 | 111.63 |
| Net Worth | 8.18 | 13.12 | 17.58 |
| Reserves & Surplus | 7.06 | 12 | 16.46 |
| Total Borrowing | 14.19 | 17.21 | 24.63 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 46.14% | 60.95% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 31.92% | 37.61% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 37.46% | 46.59% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 6.54% | 11.42% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 13.48% | 19.04% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 1.4x | 1.09x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 1.01x | 4.8x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹4.87 | ₹6.61 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 24.23x | 17.85x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹119 Cr | ₹158 Cr |
The basis of allotment for SpectraA Technology Solutions IPO was finalised on 22 Sep 2026. You can check your allotment status using your PAN number or application number on the Maashitla Securities Pvt. ltd. portal or BSE.
The SpectraA Technology Solutions IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for SpectraA Technology Solutions IPO is ₹112.00 - ₹118.00 per share.
As per market sources, SpectraA Technology Solutions IPO GMP is currently ₹77.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for SpectraA Technology Solutions IPO stands at 304.06x overall.
The listing date for SpectraA Technology Solutions IPO is 24 Sep 2026.
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