SpectraA Technology Solutions Limited logo

SpectraA Technology Solutions IPO: GMP, subscription and allotment status

SMEMaashitla SecuritiesListed24 Sept

This IPO has left the live dashboard. The figures below are as recorded on 1 Oct 2026.

₹81grey-market premium

Listed at
₹224.2
+90.0% on issue price
Est. listing
₹199
+68.6% on issue price
Price band
₹112–118
Lot
1,200 shares
Min. ₹1,41,600

Allotment

Allotment is out. Check it on the registrar's site.

Check on Maashitla Securities

Dates

17 → 21 Sept · allot 22 · list 24

Refunds and shares in your demat account on 23 Sept.

Subscription by category

Subscription figures for this issue aren't available here.

See this IPO on IPOWatch

Issue details

Segment
SME
Face value
₹10
Issue type
Book build Issue
Fresh issue
₹38.42 Crores
Offer for sale
3,48,000 Equity Shares
Listing at
NSE SME
Registrar
Maashitla Securities
NSE symbol
SPECTRAA

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
2 lots, 2,400 shares
₹2,83,200
Retail Maximum
2 lots, 2,400 shares
₹2,83,200
S-HNI Minimum
3 lots, 3,600 shares
₹4,24,800
S-HNI Maximum
7 lots, 8,400 shares
₹9,91,200
B-HNI Minimum
8 lots, 9,600 shares
₹11,32,800

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Capital Expenditure at Jaipur manufacturing facility
₹11.00 Cr
Repayment of Term Loans availed by the Company
₹6.48 Cr
Working Capital requirements
₹9.50 Cr
General Corporate Purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹103.05 Cr+36.4% on 2025

Profit, ₹ crore

₹11.56 Cr+135.4% on 2025

Assets, ₹ crore

₹106.29 Cr+6.3% on 2025

2026
Revenue ₹103.05
Profit ₹11.56
2025
Revenue ₹75.53
Profit ₹4.91
2024
Revenue ₹89.68
Profit ₹2.00

In ₹ crore, for the years the offer document reports.

ROE
60.95%
ROCE
37.61%
EBITDA Margin
19.04%
PAT Margin
11.42%
Debt to equity ratio
1.09
Earning Per Share (EPS)
₹11.45 (Basic)
Return on Net Worth (RoNW)
46.59%
Net Asset Value (NAV)
₹24.58

Listed peers

Praj Industries Limited
P/E 258.89
EPS 1.30

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

Anchor
28.44%
QIB
18.98%
NII
14.29%
Retail
33.23%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
A L Arun Kumar, Sailaja Arun Kumar, Praveen Kumar Appukuttan Nair Leela and Divya Praveen
Promoter holding
91.48% before the IPO, 67.62% after
Lead managers
Indcap Advisors Pvt. Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More SME IPOs

Frequently asked questions

What is the GMP of SpectraA Technology Solutions IPO today?
The grey-market premium is ₹81, which points to a listing around ₹199 (+68.6% on the issue price), as of 08:05 IST on 24 September 2026. GMP is unofficial and doesn't guarantee a listing price.
When does SpectraA Technology Solutions IPO open and close?
Bidding ran from 17 September 2026 to 21 September 2026.
What is the SpectraA Technology Solutions IPO allotment date?
Allotment is out. You can check it by PAN now.
When will SpectraA Technology Solutions IPO list?
It listed on 24 September 2026.
What is the lot size and minimum investment for SpectraA Technology Solutions IPO?
One lot is 1,200 shares, so the minimum investment at the upper price of ₹118 is ₹1,41,600.
How do I check SpectraA Technology Solutions IPO allotment status?
Maashitla Securities is the registrar. Once allotment is out, check it by PAN on the Maashitla Securities website.
SpectraA Technology Solutions IPO listing price