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SpectraA Technology Solutions IPO
352.62xsubscribed

SpectraA Technology Solutions IPO

listed
₹2.69LMin. investment

SpectraA Technology Solutions Limited IPO Details

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

  1. Pre-apply
    16 Sep 2026
  2. Bid start
    17 Sep 2026
  3. Bid end
    21 Sep 2026
  4. Allotment
    22 Sep 2026
  5. Release of funds
    23 Sep 2026
  6. Demat transfer
    23 Sep 2026
  7. 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.

Checklist

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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

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 NameSpectraA Technology Solutions Limited

How to apply for SpectraA Technology Solutions IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Spectraa Technology Solutions Limited IPO FAQs

Investors can apply for the SpectraA Technology Solutions IPO through their Demat account via the stock exchange or through their broker.
The issue size of the SpectraA Technology Solutions IPO is 43 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
SpectraA Technology Solutions IPO will be open between 2026-09-17 and 2026-09-21.
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.
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.
The shares are proposed to be listed on the BSE and NSE.
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.
The SpectraA Technology Solutions IPO lot size is 1200 and minimum order quantity is 2400.
SpectraA Technology Solutions IPO has set the price band for its IPO at 118 per equity share with a face value of 10.