SpectraA Technology IPO Day 2: Subscription Status on 18 September 2026
- September 18, 2026
- Posted by: Harsh Piplani
- Category: IPO
SpectraA Technology IPO Day 2, 18 Sep 2026. Subscribed 5.63x at Day 1 close: Retail 9.48x, NII 4.16x, QIB 0.00x. Price band Rs 112-118. Closes 21 Sep.
Quick Answer
The SpectraA Technology IPO is on Day 2 of bidding on 18 September 2026, after a very strong opening day. The SpectraA Technology IPO closed Day 1 subscribed 5.63 times overall, with retail investors leading sharply at 9.48 times and non-institutional investors at 4.16 times, while the QIB portion, excluding the anchor allocation, had not received bids. Bidding for the SpectraA Technology IPO remains open until 21 September 2026, a five day window spanning the coming weekend, and investors should track the live category wise numbers on NSE through the day.
The issue has entered Day 2 of its bidding window, which opened on 17 September and closes on 21 September 2026. SpectraA Technology Solutions Limited, a custom turnkey process equipment manufacturer for breweries and distilleries, is raising about Rs 42.52 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on the NSE SME platform.
Day 1 bidding for the issue closed with the issue subscribed a strong 5.63 times overall, driven almost entirely by retail and non-institutional demand, while QIBs had yet to place bids. With four sessions still remaining, including the 21 September close, QIB participation in the closing hours will be the key variable to watch for the final subscription figure.
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SpectraA Technology IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 17 September 2026 |
| Close Date | 21 September 2026 |
| Price Band | Rs 112 to Rs 118 per share |
| Lot Size | 1,200 shares |
| Issue Size | Rs 42.52 crore |
| Issue Type | Book Built Issue, SME |
| Listing At | NSE SME |
| Allotment Date | 22 September 2026 |
| Listing Date | 24 September 2026 |
SpectraA Technology IPO Subscription Status Day 2
Category wise bidding for the issue is updated through the trading session on NSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.
| Investor Category | Subscription at Day 1 Close (17 Sep, 5:50 PM) | Overall Subscription So Far (Day 2, 18 Sep) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.00 times | Updating |
| Non-Institutional Investors (NII) | 4.16 times | Updating |
| Retail Individual Investors | 9.48 times | Updating |
| Overall | 5.63 times | Updating through the session |
Retail investors have driven the demand for the issue by a wide margin, while the QIB book, excluding anchors, has yet to open up. Investors should treat the Day 2 figures as provisional since bidding remains open until the 21 September close.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the SpectraA Technology IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 112 to Rs 118 band, with a minimum bid of 2,400 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 21 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 21 September close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the SpectraA Technology Solutions IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue has opened with exceptional retail demand, closing Day 1 subscribed 5.63 times overall, and four more sessions remain before the 21 September close for the QIB book to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the SpectraA Technology IPO subscription status on Day 2?
Ans. The issue closed Day 1 subscribed 5.63 times overall, with retail at 9.48 times, NII at 4.16 times, and QIB at 0.00 times, and figures for Day 2, 18 September 2026, are updating through today’s session on NSE.
When does the SpectraA Technology IPO close?
Ans. The issue closes for subscription on 21 September 2026, having opened on 17 September 2026, a five day window that spans the coming weekend.
What is the SpectraA Technology IPO price band and lot size?
Ans. The issue price band is Rs 112 to Rs 118 per share, with a lot size of 1,200 shares, taking the minimum retail investment to about Rs 2,83,200 for two lots.
Which category led the SpectraA Technology IPO on Day 1?
Ans. Retail investors led the issue on Day 1 by a wide margin, subscribing their reserved portion 9.48 times, ahead of non-institutional investors at 4.16 times, while qualified institutional buyers had not yet placed bids.
What is the SpectraA Technology IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the SpectraA Technology IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid with a minimum of 2,400 shares within the Rs 112 to Rs 118 band and approving the UPI mandate before the daily cut off.
When will the SpectraA Technology IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 22 September 2026, with listing on the NSE SME platform tentatively scheduled for 24 September 2026.
Is the SpectraA Technology IPO likely to close heavily oversubscribed?
Ans. The issue was already subscribed 5.63 times by the Day 1 close on strong retail and NII demand, and with the QIB book yet to open, the issue has a reasonable chance of closing well oversubscribed once institutional bids arrive.
What is the reservation split in the SpectraA Technology IPO?
Ans. Of the net offer in the issue, qualified institutional buyers are allocated about 49.95 percent, non-institutional investors about 15.05 percent, and retail individual investors about 35.01 percent.
What does SpectraA Technology Solutions Limited do?
Ans. SpectraA Technology Solutions Limited designs and fabricates custom turnkey process equipment and plants for breweries, distilleries and food extraction facilities, operating as a full scope OEM from design through commissioning.