IPO profile
SpectraA Technology Solutions Limited
SPECTRAA · NSE
- Price band
- ₹112
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 1200 shares
- Minimum Application
- ₹1,34,400
- Issue Size
- Rs. 43 Cr
- Face Value
- Not available
- Issue Price
- ₹112
Company Overview
SpectraA Technology Solutions Limited provides engineering and manufacturing solutions for process industries. The company manufactures steel tanks and turnkey process systems used in food and beverages, craft and microbreweries, malt spirit and blending plants, pharmaceuticals, and consumer goods. Its business activities cover design, in-house fabrication, supply, installation, and commissioning of process equipment, skid packages, and integrated automation systems. Revenue is generated from the sale of manufactured equipment, execution of turnkey projects, and related technical services. Operating out of two facilities in Karnataka and Rajasthan, the company serves both domestic markets across multiple states and international clients through product exports. Its business model focuses on custom engineering solutions, process integration, and higher-margin specialized manufacturing across its target sectors.
Important Dates
- Open Date
- 17 Sept 2026
- Close Date
- 21 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 24 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 24 Sept 2026
- Actual Listing Price
- ₹224.2
- Gain/Loss Per Share
- +₹112.2
- Gain/Loss Per Lot
- +₹1,34,640
- Listing Gain/Loss %
- +100.18%
- Measured Against
- ₹112
- Lot Size
- 1200 shares
Historical result from the reported listing price, compared with the issue price. Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- In-house design, engineering, and manufacturing capabilities across process industries.
- Strategic transition toward higher-margin products improving profitability metrics.
- Established presence and execution capability in brewery and distillery sectors.
- Global market reach with active product exports to international geographies.
- Integrated turnkey project execution covering design, supply, installation, and commissioning.
Key risks
- A significant portion of revenue relies on a limited number of customers.
- Concentration of raw material procurement among the top ten key suppliers.
- Reliance on customers in alcohol-related industries is vulnerable to sudden regulatory changes.
- High working capital intensity with trade receivables forming substantial current assets.
- Geographical revenue concentration is primarily in a few domestic Indian states.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.