SpectraA Technology Solutions IPO: GMP, subscription and allotment status
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.
Dates
17 → 21 Sept · allot 22 · list 24Refunds 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 IPOWatchIssue 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
- 2,400
- ₹2,83,200
- Retail Maximum
- 2 lots, 2,400 shares
- 2,400
- ₹2,83,200
- S-HNI Minimum
- 3 lots, 3,600 shares
- 3,600
- ₹4,24,800
- S-HNI Maximum
- 7 lots, 8,400 shares
- 8,400
- ₹9,91,200
- B-HNI Minimum
- 8 lots, 9,600 shares
- 9,600
- ₹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
₹103.05 Cr+36.4% on 2025
₹11.56 Cr+135.4% on 2025
₹106.29 Cr+6.3% on 2025
- 2026
- Revenue ₹103.05
- Profit ₹11.56
- Assets ₹106.29
- 2025
- Revenue ₹75.53
- Profit ₹4.91
- Assets ₹100.00
- 2024
- Revenue ₹89.68
- Profit ₹2.00
- Assets ₹66.64
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
- Return on net worth 1.82%
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.
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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.