What is the price band for SpectraA Technology Solutions Limited IPO?

The price band for SpectraA Technology Solutions Limited IPO is ₹112 to ₹118 per share.

What is the minimum investment for SpectraA Technology Solutions Limited IPO?

The minimum retail investment for SpectraA Technology Solutions Limited IPO is ₹1,41,600, which buys one lot of 1200 shares at the upper price band of ₹118 per share.

What is the lot size for SpectraA Technology Solutions Limited IPO?

The lot size for SpectraA Technology Solutions Limited IPO is 1200 shares. Retail investors must apply for at least one lot.

When does the SpectraA Technology Solutions Limited IPO open and close for subscription?

The SpectraA Technology Solutions Limited IPO subscription opens on 17 September 2026 and closes on 21 September 2026. Bidding window is 10:00 AM to 5:00 PM IST on each subscription day. Applications can be submitted through ASBA or UPI via registered brokers.

How many times was the SpectraA Technology Solutions Limited IPO subscribed?

The SpectraA Technology Solutions Limited IPO was subscribed 196.40× overall. This means total bids received were 196.40 times the number of shares available. Strong oversubscription typically indicates high investor demand.

On which exchange is SpectraA Technology Solutions Limited IPO listed?

SpectraA Technology Solutions Limited is listed on NSE SME. After listing, shares can be bought and sold on the exchange through a regular demat and trading account.

Who is the book running lead manager (BRLM) for SpectraA Technology Solutions Limited IPO?

The book running lead manager(s) for SpectraA Technology Solutions Limited IPO is: Indcap Advisors Private Limited. The BRLM manages the IPO process, investor outreach, and anchor book building.

open · IPO · NSE SME · closes today

SpectraA Technology Solutions Limited

Raising ₹30.43 Cr at ₹112 – ₹118 per share.

Subscription window 93%

196.4×

total subscription so far

Price band

₹112 – ₹118

Shares per lot

1,200

Retail minimum

₹1,41,600

Issue size

₹30.43 Cr

Face value

₹10

Company research

Tijori Finance

SpectraA Technology Solutions Limited, incorporated in January 2009, is an engineering and technology solutions provider offering design, fabrication, installation and commissioning of process plants for breweries, distilleries, food & beverages, extraction, FMCG and pharmaceuticals.

Financials — ₹ crore

Period	Revenue	PAT	Debt
Mar 2024	88.96 Cr	2 Cr	14.19 Cr
Mar 2025	75.17 Cr	4.91 Cr	17.21 Cr
Mar 2026	101.16 Cr	11.56 Cr	26.96 Cr

Revenue mix

Commercial Brewery Equipment

68%

Distillery Equipment

12%

Malt Spirit Equipment

10%

Microbrewery Equipment

8.5%

Extraction Plants

0.8%

Food and Beverages Plants

0.3%

Others

0.3%

Peer comparison

Company Mkt cap Revenue P/E P/B

SPECTRAA 157 101 Cr 13.58 6.33

PRAJIND 5,765 3,167 Cr 193.7 4.45

Subscription by investor category

as of As on 18-Sep-2026 17:00:02 IST

QIB — Qualified Institutional Buyers

0×

6,39,39,600 shares bid · 0 offered · 62 applications

QIB · FII / FPI

1,24,52,400

· 9 applications

QIB · Domestic Financial Institutions

69,09,600

· 3 applications

QIB · Mutual Funds

7,63,200

· 2 applications

QIB · Others

4,38,14,400

· 48 applications

NII — Non-Institutional Investors

0×

16,07,24,400 shares bid · 0 offered · 22,681 applications

NII · Big (> ₹10 lakh)

0×

11,94,44,400 shares bid · 0 offered · 11,962 applications

Retail Individual Investors

4,05,39,600

· 1,17,420 applications

NII · Small (≤ ₹10 lakh)

0×

4,12,80,000 shares bid · 0 offered · 10,719 applications

Bid book by price

cumulative NSE demand

₹118 4,73,50,800

₹117 4,73,60,400

₹116 4,73,70,000

₹115 4,73,84,400

₹114 4,73,89,200

₹113 4,73,98,800

₹112 4,75,28,400

Updated 18-Sep-2026 17:00:02. Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Parties to the issue

Book-running lead manager

Indcap Advisors Private Limited

Registrar

Maashitla Securities Private Limited

Sponsor bank

Kotak Mahindra Bank Limited

Exchange filings

Fields captured from NSE and BSE

Issue information

Exchange note: *As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall, at all times, maintain the electronic records relating to such forms for a minimum period of three years.
Symbol: SPECTRAA
Issue Period: 17-Sep-2026 to 21-Sep-2026
Cut-off time for UPI Mandate Confirmation: 21-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Issue Size: Initial Public Offer comprising of Fresh Issue of up to 32,55,600 Equity Shares and Offer for sale aggregating upto 3,48,000 Equity Shares (Including Market Maker portion of 1,82,400 Equity Shares and Anchor Allocation 10,24,800 Equity Shares)
Issue Type: Book Building
Price Range: Rs.112 to Rs.118 per equity share
Lot Size: 1,200 Equity Shares
Face Value: Rs.10 per Equity Share
Tick Size: Re.1
IPO Market Timings: 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
Maximum Bid Quantity for QIB Investors: 23,96,400 Equity shares (Calculated at Higher Price band)
Maximum Bid Quantity for NIB Investors: 17,12,400 Equity shares (Calculated at Higher Price band)
Book Running Lead Managers: Indcap Advisors Private Limited
Sponsor Bank: Kotak Mahindra Bank Limited
Categories: FI, IC, MF, FII, OTH, CO, IND and NOH
Sub-Categories applicable for UPI: IND (Up to Rs. 5,00,000)
Name of the Registrar: Maashitla Securities Private Limited
Address of the Registrar: 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034
Contact person name number and Email id: Mukul Agrawal, 011-47581432 , investor.ipo@maashitla.com
e-form link: https://bidcollection.nseindia.com/asba
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form: Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Red Herring Prospectus: https://nsearchives.nseindia.com/content/ipo/RHP_SPECTRAA.zip
Ratios / Basis of Issue Price: https://nsearchives.nseindia.com/content/ipo/RATIOS_SPECTRAA.zip
Sample Application Forms: https://nsearchives.nseindia.com/content/ipo/FORMS_SPECTRAA.zip
Security Parameters: https://nsearchives.nseindia.com/content/ipo/PREANCHOR_PARAMETERS_SPECTRAA.zip
Security Parameters (Post Anchor): https://nsearchives.nseindia.com/content/ipo/POSTANCHOR_PARAMETERS_SPECTRAA.zip
Anchor Allocation Report: https://nsearchives.nseindia.com/content/ipo/ANCHOR_SPECTRAA.zip
Processing of ASBA Applications: Processing of ASBA Applications
List of mobile applications accepting UPI as Payment Option: List of mobile applications accepting UPI as Payment Option
Video link for UPI based ASBA process: Video link for UPI based ASBA process
Video link for BHIM UPI Registration: Video link for BHIM UPI Registration

Documents

Data sources: NSE , NSE , NSE , NSE , NSE , NSE . Data quality clean.