SpectraA Technology
24 Sep '26SME
Min. Investment
₹2,68,800
Issue size
₹42.52 Cr
GMP
Locked
Overall subscription: 5.17x
Expert verdict
IPO dates
17 Sep
Opening
21 Sep
Closing
22 Sep
Allotment
24 Sep
Listing
*Refunds will be initiated on 23 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,83,200 |
Subscription (as on 17 September 2026, 05:30 PM)
Overall5.17x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2009|MD: Mr A L Arun Kumar
- SpectraA Technology Solutions Limited is an engineering company involved in designing, fabrication, installation, commissioning and decommissioning of greenfield and brownfield projects. It serves industries including breweries, distilleries, food and beverages, malt spirit and blending, extraction plants, FMCG, and pharmaceuticals.
- Its products and systems include commercial brewery equipment, distillery equipment, food and beverage processing plants, microbrewery equipment, malt spirit equipment and extraction plants. The company undertakes projects covering engineering, fabrication, installation, commissioning and decommissioning, with equipment built in-house and customized to customer specifications.
- It operates two manufacturing facilities in Bengaluru and Jaipur, with an aggregate built-up area of 33,214.75 square feet. The company also has a rooftop solar capacity of 100 kWp installed across its Malur plant, Jaipur plant, and registered office. SpectraA Technology Solutions Limited was incorporated in Bengaluru in January 2009 as a private company and was converted into a public limited company in February 2021.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Capital Expenditure at Jaipur manufacturing facility — Rs 11.00 crore
- Repayment of term loans availed by the company — Rs 6.48 crore
- Working capital requirements — Rs 9.5 crore
- General corporate purposes.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹112 to 118
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.44%
QIB - 18.98%
HNI - 14.29%
Retail - 33.23%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of SpectraA Technology IPO is ₹42.52 Cr
The SpectraA Technology IPO will be open for applications from 17 Sep '26 to 21 Sep '26
The lot size of SpectraA Technology IPO is 1200 Shares and its minimum investment amount is ₹2,68,800.
