Business Overview
SpectraA Technology Solutions is a SME IPO with an issue size of ₹42.52 Cr. The issue will be available for subscription from 2026-09-17 to 2026-09-21, with listing expected on 2026-09-24.
17 Sept 2026 – 21 Sept 2026
₹112-118
₹42.52 Cr
1200
24 Sept 2026
NSE
SpectraA Technology Solutions is a prominent corporate entity operating in the Technology & IT Solutions segment. Incorporated in India, the enterprise specializes in cutting-edge digital platforms, enterprise software infrastructure, and high-margin technology services. Through systematic operational scaling, seasoned promoter leadership, and stringent quality adherence, the company has established a proven track record of reliable market execution.
The company is raising capital through this public issue of ₹42.52 Cr on the NSE Emerge / BSE SME exchange platform. The bidding window opens on 17 Sept 2026 and closes on 21 Sept 2026, with equity shares offered within a price band of ₹112 to ₹118 per share.
NSE
SME Platformkfintech
Official RegistryDisclosed in RHP
Book Running Merchant₹10 per share
Equity Par ValueProceeds generated from the net public issue of ₹42.52 Cr will be utilized by SpectraA Technology Solutions towards the following statutory corporate objectives:
₹44
+37.3% Expected₹162
Cap Price + GMP+₹52,800
1200 shares × GMPBullish
High: ₹44 · Low: ₹44Subscription data not published yet.
Understanding Allotment Odds:
Retail allotment is decided by a SEBI electronic lottery if the category is oversubscribed (>1.0x). HNI / NII allotment is proportional for small HNI and big HNI tiers.
Retail investors can apply for a maximum of 1 lots (up to ₹2 Lakh). Applications above ₹2 Lakh are automatically routed to the Non-Institutional Investor (NII / HNI) quota under SEBI bidding regulations. Cut-off price is mandatory for retail validity.
10.31x
Based on upper price band
₹179 Cr
Post-issue valuation
₹10 per share
Par equity value
18.40%
Weighted 3-year average
₹45
Per share prior to issue
₹11
Diluted FY25/26 annualised
The total public issue of ₹42.52 Cr comprises a Fresh Issue for capital expansion and working capital requirements, alongside an Offer for Sale (OFS) by promoter entities. Proceeds from the fresh issue will strengthen the company's balance sheet and fuel long-term organic expansion.
Mandatory liquidity support reservation for SME exchange listings.
High net-worth individuals and corporate treasury allocations.
Individual retail investors applying up to ₹2,00,000.
kfintech
Official registry authority handling applicant bidding records, PAN deduplication, and demat credit.
SpectraA Technology Solutions is a SME IPO with an issue size of ₹42.52 Cr. The issue will be available for subscription from 2026-09-17 to 2026-09-21, with listing expected on 2026-09-24.
Issue size of 42.52 Cr suggests a small offering. Subscription data will appear once the issue opens. Current grey-market premium of ₹44 (37.3%) signals strong market sentiment.
Price band set at ₹112–118 per share, a 5% range. Minimum retail investment of ₹1,41,600.
GMP of ₹44 (37.3%) implies an estimated listing price of ₹162.
SME IPO — these carry higher volatility and lower liquidity compared to mainboard issues. Subscription data not yet available — demand visibility is limited.
This analysis is generated algorithmically from available data. It is not investment advice. Please consult a registered financial advisor before making investment decisions.