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SpectraA Technology Solutions IPOLISTED
SpectraA Technology Solutions Limited provides turnkey engineering and process equipment solutions for breweries, distilleries, food and beverages, FMCG and pharmaceutical industries.
Listing price
₹224.2
+90.00%
Current price
—
Not available
Issue price
₹118
Upper band
Listed on
24 Sept 26
SPECTRAA
- Open17 Sept
- Close21 Sept
- Allotment22 Sept
- Refund23 Sept
- Demat23 Sept
- Listing24 Sept
Listed at
₹224.2
+90.00% on 24 Sept 26
Overview
Price band
₹112-118
Lot size
1,200 shares
Minimum application 2 lots
Face value
₹10 / share
Issue type
Book Built Issue
Min. investment
₹2,83,200
2 lots · 2,400 shares
Listing at
NSE
Issue Size : 36,03,600 shares worth ₹42.52 Cr
- Fresh Issue : 32,55,600 shares worth ₹38.41 Cr
- Offer for Sale : 3,48,000 shares worth ₹4.11 Cr
IPO Share Reservation
Total
94.93%
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,83,200 |
| Retail (Max) | 2 | 2,400 | ₹2,83,200 |
| S-HNI (Min) | 3 | 3,600 | ₹4,24,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,91,200 |
| B-HNI (Min) | 8 | 9,600 | ₹11,32,800 |
Listing performance
Listing gain
+90.00%
Gain per retail lot
₹2,54,880.00
Latest vs issue
—
GMP was
₹78 (+66.10%)
Latest price shows here when a live quote is available (NSE main-board stocks).
Live GMP
GMP
₹78+66.10%
Exp. listing
₹196
Retail profit
₹1,87,2002,400 shares
HNI profit
₹2,80,8003,600 shares
Not enough GMP history yet to draw a trend.
View GMP historyDay-wise grey market premium, expected listing & profit per lotSubscription
- QIB184.55xQIB184.55xQualified Institutional BuyersShares offered 6,84,000Shares applied 12,62,00,000Bid amount ₹1,490 Cr
- NII (HNI)442.01xNII (HNI)442.01xNon-Institutional InvestorsShares offered 5,15,000Shares applied 22,75,00,000Bid amount ₹2,685 Cr
- S-HNI349.83xS-HNI349.83xSmall HNI · ₹2L – ₹10LShares offered 1,72,000Shares applied 6,00,00,000Bid amount ₹708 Cr
- B-HNI488.10xB-HNI488.10xBig HNI · above ₹10LShares offered 3,43,000Shares applied 16,75,00,000Bid amount ₹1,977 Cr
- Retail313.17xRetail313.17xRetail Individual InvestorsShares offered 11,98,000Shares applied 37,51,00,000Bid amount ₹4,426 Cr
- Total304.13xTotal304.13xAll categories combinedShares offered 23,96,000Shares applied 72,88,00,000Bid amount ₹8,600 Cr
Financials
| Period(₹ Cr) | Revenue | Expense | PAT | Assets | Borrowing |
|---|---|---|---|---|---|
| Mar 2023 | 89.68 | 101.21 | 1.78 | 66.64 | 10.55 |
| Mar 2024 | 75.53 | 86.85 | 2 | 100 | 14.19 |
| Mar 2025 | 103.05 | 68.03 | 4.91 | 106.29 | 17.21 |
Strengths & risks
Strengths
- Turnkey Solutions across design, fabrication and project execution.
- Diversified Portfolio serving multiple industries and product segments.
- Manufacturing Facilities in Bengaluru and Jaipur supporting in-house capabilities.
Risks
- Customer Concentration with significant revenue dependence on key customers.
- Project Execution Risk from potential delays and cost overruns.
- Supplier Dependence for raw materials and critical components.
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Capital Expenditure at Jaipur manufacturing facility. | 12.41 |
| Repayment of Term Loans availed by the Company. | 9 |
| Working Capital requirements. | 9.5 |
| General Corporate Purposes. | - |
Promoter Holdings
Company Promoter(s)
- A L Arun Kumar
- Sailaja Arun Kumar
- Praveen Kumar Appukuttan Nair Leela
- Divya Praveen
Registrar & contacts
Registrar
Maashitla Securities Pvt.Ltd.
Company
SpectraA Technology Solutions Limited
- 17/7 Ali Asker Road, Cunningham Rd, Bangalore G.P.O, Bangalore North, Bangalore Rural, Karnataka, 560001
- +91 80 41150466
- cs@spectraa.com
- https://www.spectraa.com/
Documents
Lead managers
About SpectraA Technology Solutions
SpectraA Technology Solutions Limited is an engineering and process equipment solutions company providing design, fabrication, installation, commissioning and decommissioning services for greenfield and brownfield projects across industries such as breweries, distilleries, food and beverages, FMCG and pharmaceuticals.
The company undertakes turnkey projects from engineering and design to fabrication, installation, commissioning and final handover, along with operator training and O&M support.
SpectraA primarily operates across six product verticals:
- Commercial Brewery Equipment : including turnkey brewhouse and cellar systems for commercial-scale brewing, fermentation, conditioning and storage.
- Distillery Equipment : comprising turnkey distillation systems, including copper pot still-based solutions for the production of alcoholic spirits.
- Food and Beverage Plants : offering process equipment and integrated systems for extracting and processing flavours and colours from plant-based inputs.
- Microbrewery Equipment : providing turnkey brewing and cellar systems for craft and micro-scale breweries.
- Malt Spirit Equipment : supplying integrated equipment from milling to distillation for the production of malt spirits.
- Extraction Plants : comprising extraction vessels and associated holding and buffer tanks designed for recovering flavours, colours and active compounds.
The company operates two manufacturing facilities in Bengaluru and Jaipur with an aggregate built-up area of 33,214.75 square feet and has partnered with over 50 clients across India and select international markets.