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SpectraA Technology Solutions IPO

352.62xsubscribed

SpectraA Technology Solutions IPO

352.62xsubscribed

listed

₹2.69LMin. investment

SpectraA Technology Solutions Limited IPO Details

Issue size

₹43Cr

IPO type

SME

Market cap

₹157.5CrLower than sector avg

Price range

₹112 – ₹118

Listing exchange

NSE

RevenueApr 2025 - Mar 2026

₹101.16CrLower than sector avg

Listing date

24 Sep 2026

Lot size

1200 shares

Red Herring Prospectus

Read

Growth rate3Y CAGR

6.64%Higher than sector avg

Price range₹112 – ₹118

IPO type

SME

Lot size1200 shares

Issue size₹43Cr

Red Herring Prospectus

Read

Market cap

₹157.5CrLower than sector avg

RevenueApr 2025 - Mar 2026

₹101.16CrLower than sector avg

Growth rate3Y CAGR

6.64%Higher than sector avg

SpectraA Technology Solutions IPO Subscription Status

Date	QIB	NII	Retail	Total
17-Sep-26	0.0 times (X)	12.48 times (X)	9.44 times (X)	6.55 times (X)
18-Sep-26	0.02X	60.01X	31.17X	23.21X
21-Sep-26	184.55X	1323.81X	309.46X	352.62X

As on 17-Sep-26, 5:30 PM

SpectraA Technology Solutions IPO Timeline

Pre-apply
16 Sep
Bid start
17 Sep
Bid end
21 Sep
Allotment
22 Sep
Release of funds
23 Sep
Demat transfer
23 Sep
Listing
24 Sep

Pre-apply
16 Sep 2026
Bid start
17 Sep 2026
Bid end
21 Sep 2026
Allotment
22 Sep 2026
Release of funds
23 Sep 2026
Demat transfer
23 Sep 2026
Listing
24 Sep 2026

About SpectraA Technology Solutions Limited

Spectraa Technology Solutions was incorporated in Bengaluru on January 20, 2009. It provides engineering, design, fabrication, installation, commissioning and decommissioning for greenfield and brownfield process-plant projects across breweries, distilleries, food and beverages, malt spirit and blending, extraction plants, FMCG and pharmaceuticals.

The company operates a B2B turnkey design-build-commission model, assumes responsibility from design through handover, fabricates key equipment in-house and provides operator training, spares, annual maintenance contracts and operations-and-maintenance support after handover.

Its product verticals comprise commercial brewery, distillery, food and beverage, microbrewery, malt spirit and extraction-plant equipment. In FY26, commercial brewery equipment contributed 68.1% of revenue from operations, followed by distillery equipment at 11.6%, malt spirit equipment at 10.2%, microbrewery equipment at 8.4%, extraction plants at 0.8%, food and beverage plants at 0.3% and others at 0.3%. Commercial brewery, distillery and microbrewery shares were 70.3%, 12.04% and 11.09%, respectively, in FY24, while malt spirit increased from 3.5% to 10.2% by FY26.

Turnkey projects generated ₹87.78 crore, or 86.77% of FY26 revenue from operations; non-turnkey projects generated ₹13.38 crore. The company fabricates at Malur, Karnataka and Chomu, Rajasthan, with shop footprints of 13,789.77 sq. ft. and 19,424.98 sq. ft., respectively, and an aggregate built-up area of 33,214.75 sq. ft.

The company has served more than 50 clients and has an installation footprint across 19 Indian states, 3 union territories and 10 export countries. FY26 domestic revenue was 70.62% and exports were 29.38%; Germany and Nepal contributed 15.01% and 10.80% of revenue, respectively. Export sales were ₹29.72 crore, while imported goods were ₹1.61 crore, including ₹0.97 crore from Germany.

Repeat orders contributed 50.07% of FY26 revenue and new customers contributed 49.9%; the company does not use dealers or distributors. Its top ten customers accounted for 65.6% of FY26 revenue from operations.

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Objectives of Spectraa Technology Solutions Limited IPO

General corporate purposes

29.70%

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

28.60%

The company will use ₹11 crore for civil work, plant and machinery at its Jaipur facility.

Working capital

24.70%

The company will utilise ₹9.50 crore for incremental working capital requirements in FY27

Repayment of borrowings

16.80%

The company will utilise ₹6.47 crore to repay certain outstanding borrowings.

Compare

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CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio

This IPO₹101.16Cr6.64%₹11.55Cr₹157.5Cr10.311.09

This sector (avg.)₹2,186.73Cr0.03%₹107.3Cr₹5,580.04Cr39.871.33

₹2,55,547.01Cr---₹17,687.39Cr₹5,40,931.7Cr33.291.36

₹19,923.02Cr---₹1,281.52Cr₹71,599.59Cr63.030.57

₹7,062Cr---₹6,480.68Cr₹25,092.05Cr3.811.04

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

SpectraA Technology Solutions IPO Contact Details

Company Name	SpectraA Technology Solutions Limited

Company NameSpectraA Technology Solutions Limited

How to apply for SpectraA Technology Solutions IPO?

Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Spectraa Technology Solutions Limited IPO FAQs

How to invest in the SpectraA Technology Solutions IPO ?

Investors can apply for the SpectraA Technology Solutions IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of SpectraA Technology Solutions IPO ?

The issue size of the SpectraA Technology Solutions IPO is 43 Cr.

What is 'pre-apply' for SpectraA Technology Solutions IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will SpectraA Technology Solutions IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.

What are the open and close dates of the SpectraA Technology Solutions IPO ?

SpectraA Technology Solutions IPO will be open between 2026-09-17 and 2026-09-21.

What is the allotment date for the SpectraA Technology Solutions IPO ?

SpectraA Technology Solutions IPO allotment date is 2026-09-23. For SpectraA Technology Solutions IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of SpectraA Technology Solutions IPO ?

For SpectraA Technology Solutions IPO, the IPO registrar is MAASHITLA SECURITIES PRIVATE LIMITED. You can check SpectraA Technology Solutions IPO allotment status on the website of the registrar.

Where is the SpectraA Technology Solutions IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will SpectraA Technology Solutions IPO shares be credited to your demat account?

The SpectraA Technology Solutions IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the SpectraA Technology Solutions IPO ?

The SpectraA Technology Solutions IPO lot size is 1200 and minimum order quantity is 2400.

What is the price band for the SpectraA Technology Solutions IPO ?

SpectraA Technology Solutions IPO has set the price band for its IPO at 118 per equity share with a face value of 10.