SpectraA Technology Solutions Limited
SMESPECTRAA • BSE, NSE
Issue details
Price band
₹112 - ₹118
Lot size
1,200 shares
Issue size
₹30.43 Cr
Min. investment
₹1,41,600
Registrar
Maashitla Securities
Subscription
282.62x · 1,88,895 applications
Grey market premium
Est. gain+₹81 · 69%
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IPO Timeline
Open
17 Sep
Close
21 Sep
Allotment
22 Sep
Listing
24 Sep
- Refunds & demat credit
- 23 Sep 2026
- Mandate end
- 6 Oct 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 1,200shares 1 lot · ₹1,41,600 | 1,200shares 1 lot · ₹1,41,600 |
| HNI | 2,400shares 2 lots · ₹2,83,200 | No limit funds permitting |
Based on the upper price band of ₹118 and a lot of 1,200 shares.
Subscription
| Quota | Shares offered | Shares bid | Applications | Subscribed |
|---|---|---|---|---|
| Total | 25,78,800 | 72,88,28,400 | 1,88,895 | 282.62x |
Last updated 41 days ago.
Issue structure
Face value
₹10 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital cum OFS
Fresh issue
₹36 Cr
30,73,200 shares
Offer for sale
₹4 Cr
3,48,000 shares
Shares pre-issue
1,00,91,646
Shares post-issue
1,33,47,246
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 11.45 | 8.66 |
| P/E | 10.31 | 13.63 |
| Market cap | ₹119.08 Cr. | ₹314.19 Cr |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 60.95% |
| ROCE | 37.61% |
| Debt/Equity | 1.09 |
| RoNW | 46.59% |
| PAT Margin | 11.42% |
| EBITDA Margin | 19.04% |
| NAV | 24.58 |
| Price to Book Value | 4.80 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total income | 103.05 | 75.53 | 89.68 |
| Profit after tax | 11.56 | 4.91 | 2 |
| EBITDA | 19.26 | 10.13 | 4.48 |
| Net worth | 24.81 | 13.12 | 8.18 |
| Assets | 106.29 | 100 | 66.64 |
| Reserves & surplus | 14.72 | 12 | 7.06 |
| Total borrowing | 26.96 | 17.21 | 14.19 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Capital Expenditure at Jaipur manufacturing facility₹11 Cr
- 2.Repayment of Term Loans availed by the Company₹6.48 Cr
- 3.Working Capital requirements₹9.5 Cr
- 4.General Corporate Purposes₹5.7 Cr
- 5.Issue Expenses₹5.74 Cr
What the company says it intends to do with the money raised.
Recent comparable IPOs
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|---|---|---|---|---|
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| Tipco Engineering India Ltd.SME | ₹89 | 8.73 | ₹84.79 | -4.73% |
| Gabion Technologies India Ltd.SME | ₹81 | 12.18 | ₹93.41 | +15.32% |
| Admach Systems Ltd.SME | ₹239 | 19.56 | ₹200.75 | -16.00% |
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| True Colors Ltd.SME | ₹191 | 14.66 | ₹183.05 | -4.16% |
| Tempsens Instruments (India) Ltd.Mainboard | ₹300 | 34.05 | ₹586.65 | +95.55% |
| MV Electrosystems Ltd.Mainboard | ₹425 | -68.88 | ₹624.00 | +46.82% |
| Indo-MIM Ltd.Mainboard | ₹485 | 44.01 | ₹741.75 | +52.94% |
| Lohia Corp Ltd.Mainboard | ₹425 | 23.21 | ₹494.60 | +16.38% |
| Omnitech Engineering Ltd.Mainboard | ₹227 | 54.47 | ₹204.93 | -9.72% |
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Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 28 Sep 2026. Always verify against the RHP before applying.