SpectraA Technology IPO
Founded in 2009, SpectraA Technology Solutions has been involved in engineering, designing, fabrication, installation, commissioning, and decommissioning of Greenfield projects (building a completely new plant) and brownfield projects (modifying the existing plant). The company offers a wide range of equipment, engineering services, and products to help companies set up and operate industrial plants.
IPO GMP
+₹81
+69% expected gain
Price Band
₹112 - ₹118
Lot Size
2400 shares
Min Investment
₹2,83,200
Listing Date
September 24, 2026
About SpectraA Technology
Company overview, business, and key facts.
Founded in 2009, SpectraA Technology Solutions has been involved in engineering, designing, fabrication, installation, commissioning, and decommissioning of Greenfield projects (building a completely new plant) and brownfield projects (modifying the existing plant). The company offers a wide range of equipment, engineering services, and products to help companies set up and operate industrial plants.
SpectraA can set up, transfer, or decommission any new or existing manufacturing plant to clients’ specifications. Moreover, the firm has successfully installed many projects for pharmaceutical SS bioreactors & mixers, brewery & microbrewery plants, yogurt plants, dairy plants, sugar manufacturing plants, processed food plants, and soft drink & beverage bottling plants in South Asian countries like Srilanka, Bhutan & Nepal, including several locations in India and African countries like the Republic of Benin.
Founded
2009
Headquarters
Bangalore, Karnataka
Promoters
A L Arun Kumar, Sailaja Arun Kumar, Praveen Kumar Appukuttan Nair Leela, Divya Praveen
Website
https://www.spectraa.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
SpectraA Technology IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹157.5 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
13.6x
Peer median 258.9x (discount of 94.7%)
Price to sales
1.53x
Revenue growth, 2026
+36.4%
7.2% a year over the period
Profit growth, 2026
+135.4%
140.4% a year over the period
Profit margin (PAT)
11.2%
EBITDA margin 19.04%
ROE / ROCE
60.95% / 37.61%
As published in the offer document
Debt to equity
1.09
Promoter holding
91.48% → 67.62%
Before → after the IPO
Issue mix
90.4% fresh / 9.6% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹1,94,400
2400 shares on ₹2,83,200. GMP is unofficial.
What stands out
- Profit grew 135.4% in 2026.
- Priced at a 94.7% discount to the peer median P/E of 258.9.
- GMP has been rising over the last three readings.
Watch-outs
- Leverage: debt to equity is 1.09.
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of SpectraA Technology's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
SpectraA Technology IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, SpectraA Technology IPO is trading at a grey market premium (GMP) of +₹81 (+69% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 304.05x overall — QIB: 184.55x, NII: 441.66x, Retail: 313.16x.
SpectraA Technology IPO subscription has closed. The shares are expected to list on September 24, 2026.
The minimum investment required is ₹2,83,200 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
SpectraA Technology IPO — Frequently Asked Questions
What is SpectraA Technology IPO GMP today?
SpectraA Technology IPO GMP (grey market premium) today is +₹81, suggesting an estimated listing gain of +69%. GMP is indicative and subject to change.
What is the price band of SpectraA Technology IPO?
The price band for SpectraA Technology IPO is ₹112 - ₹118 with a lot size of 2400 shares. The minimum investment required is ₹2,83,200.
When is SpectraA Technology IPO allotment date?
SpectraA Technology IPO allotment is expected to be finalised on September 22, 2026. You can check your allotment status on the registrar's website (Maashitla Securities Pvt. Ltd.) using your PAN number.
When will SpectraA Technology IPO list on NSE/BSE?
SpectraA Technology IPO is expected to list on NSE SME on September 24, 2026.
How to check SpectraA Technology IPO allotment status?
To check SpectraA Technology IPO allotment status, visit the registrar's website (Maashitla Securities Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for SpectraA Technology IPO?
SpectraA Technology IPO is showing a strong GMP of +₹81 (+69%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of SpectraA Technology IPO?
The lot size for SpectraA Technology IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,83,200. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.