Spectraa Technology Solutions Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹38(32.20%)
Premium (ELP)
The public offering of Spectraa Technology Solutions Limited's is now live, with subscription applications being processed for the 36,03,600 Shares issue. This includes 32,55,600 Shares in fresh equity capital and ₹4.10 Cr in Offer for Sale shares, creating a comprehensive investment opportunity.
Investors can currently participate at prices within the ₹112 to ₹118range, with minimum application requirements of 1200 shares. The active subscription period represents a critical phase in the company's public market journey.
Applications must be submitted by Sep 21, 2026 to be considered for allotment. The basis of allotment will be announced on Sep 22, 2026, with subsequent listing activities commencing on Sep 24, 2026 at the NSEtrading facility.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2009, Spectraa Technology Solutions Limited provides IT and technology solutions to businesses across multiple industries, focusing on delivering customized and innovation-driven services through automation and digital capabilities. The company also undertakes engineering, design, fabrication, installation, commissioning, and decommissioning of both greenfield and brownfield projects for sectors such as breweries, distilleries, food and beverages, malt spirit and blending, extraction plants, FMCG, and pharmaceuticals. It operates two manufacturing facilities located in Bengaluru and Jaipur with a combined built-up area of 33,214.75 square feet.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Geographical Advantage: The company has manufacturing facilities in Bengaluru and Jaipur, giving it a presence in two important locations and supporting efficient manufacturing and project execution.
- In-House Product Fabrication: Spectraa has its own product fabrication capabilities, allowing better control over manufacturing and customised equipment requirements. This supports the execution of turnkey industrial projects.
- Diversified & Strong Order Book: The company serves various industries, including brewery, distillery, food and beverage, FMCG and pharmaceuticals. Its diversified order book reduces dependence on a single sector and provides better visibility for future business.
- Customer Concentration: A significant share of revenue comes from a limited number of customers. Losing a key customer, lower demand or financial issues faced by customers could negatively affect the company’s business and financial performance.
- Dependence on Limited Suppliers: The company relies on a limited number of suppliers for raw materials. Any supply disruption or unfavourable changes in supply terms could affect operations and business performance.
- Use of IPO Proceeds for Debt Repayment: A portion of the IPO proceeds will be used to repay an existing term loan. This amount will reduce the company’s debt but will not be used to create new physical assets.
- A L Arun Kumar
- Sailaja Arun Kumar
- Praveen Kumar Appukuttan Nair Leela
- Divya Praveen
Spectraa Technology Solutions Limited
Maashitla Securities Private Limited