Subscription Status · Sep 17 – Sep 21, 2026 · ₹112–118
The SpectraA Technology Solutions IPO subscription has recorded exceptional investor demand with an overall subscription of 304.06× as of Sep 21, 2026, indicating that investors applied for 304.06 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Sep 21, 2026, 6:14 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
684,000 | 126,230,400 |
184.55×
|
- |
|
NII
Non-Institutional Investors
|
514,800 | 227,365,200 |
441.66×
|
- |
|
bNII
Bids above ₹10L
|
343,200 | 167,334,000 |
487.57×
|
- |
|
sNII
Bids below ₹10L
|
171,600 | 60,031,200 |
349.83×
|
- |
|
Individual
Individual Investors
|
1,197,600 | 375,045,600 |
313.16×
|
- |
|
Total
|
2,396,400 | 728,641,200 |
304.06×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 684,000 | - | - | - |
| NII | 514,800 | 2,140,800 | 4.16× | - |
| bNII | 343,200 | 1,123,200 | 3.27× | - |
| sNII | 171,600 | 1,017,600 | 5.93× | - |
| Individual Investors | 1,197,600 | 11,376,000 | 9.50× | - |
| Total | 2,396,400 | 13,516,800 | 5.64× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 684,000 | 14,400 | 0.02× | - |
| NII | 514,800 | 10,119,600 | 19.66× | - |
| bNII | 343,200 | 6,321,600 | 18.42× | - |
| sNII | 171,600 | 3,798,000 | 22.13× | - |
| Individual Investors | 1,197,600 | 37,353,600 | 31.19× | - |
| Total | 2,396,400 | 47,487,600 | 19.82× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 684,000 | 126,230,400 | 184.55× | - |
| NII | 514,800 | 227,365,200 | 441.66× | - |
| bNII | 343,200 | 167,334,000 | 487.57× | - |
| sNII | 171,600 | 60,031,200 | 349.83× | - |
| Individual Investors | 1,197,600 | 375,045,600 | 313.16× | - |
| Total | 2,396,400 | 728,641,200 | 304.06× | - |
As of September 21, 2026, the SpectraA Technology Solutions IPO has been subscribed 304.06 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The SpectraA Technology Solutions IPO subscription window was open from September 17, 2026 to September 21, 2026. Investors could apply through their demat account or ASBA facility.
The SpectraA Technology Solutions IPO has a price band of ₹112 to ₹118 per share, with a lot size of 1,200 shares. Minimum retail investment: ₹134,400 (lower band) or ₹141,600 (upper band).
The QIB category has been subscribed 184.55 times. QIBs were offered 684,000 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 441.66×. bNII (>₹10L): 487.57×, sNII (<₹10L): 349.83×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on September 22, 2026. Check via the registrar's website, Maashitla Securities Pvt. ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
SpectraA Technology Solutions IPO is expected to list on September 24, 2026. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 304.06× means investors have bid for 304.06 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for SpectraA Technology Solutions IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 17 to Sep 21, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest SpectraA Technology Solutions IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Sep 17, 2026Subscription Closes Done
Sep 21, 2026Basis of Allotment Done
Sep 22, 2026Listing on NSE Done
Sep 24, 2026Only 1 lot likely via lottery if selected.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.