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SpectraA Technology Solutions Limited

Information Technology • Total Issue: ₹43 Cr

Grey Market Premium
+₹45.00(+40.18%)
Indicative Listing: ₹157.00
Source: IPOAlerts • Updated 21/9/2026
Price Band & Minimums
Offer Price Band
₹112.00
Lot Size
1200 shares
Min Investment
₹1,34,400
Subscription Status
0.00x
Bidding in Progress
Final cumulative subscription
Estimated Listing Gain
+40.18%
Indicative listing: ₹157.00
Calculated from unofficial GMP, not an actual listing-day return.

Category-Wise Subscription Breakdown

Final cumulative subscription · Overall 0.00x

QIB
0.00x
Final bids
NII
0.00x
Final bids
Retail
0.00x
Final bids
Employee
0.00x
Final bids
Total
0.00x
Final bids

Valuation Multiples & Key Ratios

P/E Ratio
24.80x
Market Cap
₹1450.00 Cr
EPS
₹4.52
RoNW
19.80%
NAV / Share
₹26.67
P/B Ratio
4.20x
NSE Market Pulse ResearchSector Climate: PREMIUM

Sector Valuation Anchors & Multiples

Comparing SpectraA Technology Solutions Limited asking multiples against official 10-year historical sector norms for Information Technology.

View Source Report
Price to Earnings (P/E)
IPO Asking P/E:24.80x
Sector Current P/E:31.40x
10-Yr Historical Mean:24.80x
0% discount vs 10Y mean
Asset & Earnings Ratios
IPO Asking P/B:4.20x
Sector P/B Ratio:7.80x
Sector YoY Earnings Growth:+11.80%
Sector Dividend Yield:2.10%
Institutional Net Flows
FII Net Flow (Monthly):₹3840.00 Cr
NSE Commentary:

“Valuations reflect premium expectations driven by cloud engineering and enterprise AI spending pipeline.”

Educational Context Only: Official benchmarks published by NSE Economic Policy & Research — Market Pulse. Valuations provide macro reference and do not constitute investment advice.
Sector ID: IT

Grey Market Premium (GMP) History

Real-time multi-observation premium trend line and daily price movements.

Latest GMP
+₹45.00
Peak GMP
+₹50.00
Observations
7 points
21 Sept:+₹45.00Est Gain: +40.2%
₹57₹43₹29₹14₹015 Sept16 Sept17 Sept18 Sept19 Sept20 Sept21 Sept
Historical Daily Observations (7)
15 Sept
+₹50.00
16 Sept
+₹50.00
17 Sept
+₹35.87
18 Sept
+₹38.56
19 Sept
+₹45.00
20 Sept
+₹45.00
21 Sept
+₹45.00

IPO Timeline & Schedule

Bidding Opens
2026-09-17
Bidding Closes
2026-09-21
Allotment Date
2026-09-22
Refunds Init
2026-09-23
Demat Credit
2026-09-23
Listing Date
2026-09-24
Official IPO Registrar

Maashitla Securities Private Limited

Check Allotment on Registrar Portal

About SpectraA Technology Solutions Limited

SpectraA Technology Solutions Limited provides engineering and manufacturing solutions for process industries. The company manufactures steel tanks and turnkey process systems used in food and beverages, craft and microbreweries, malt spirit and blending plants, pharmaceuticals, and consumer goods. Its business activities cover design, in-house fabrication, supply, installation, and commissioning of process equipment, skid packages, and integrated automation systems. Revenue is generated from the sale of manufactured equipment, execution of turnkey projects, and related technical services. Operating out of two facilities in Karnataka and Rajasthan, the company serves both domestic markets across multiple states and international clients through product exports. Its business model focuses on custom engineering solutions, process integration, and higher-margin specialized manufacturing across its target sectors.

Key Business Strengths

  • In-house design, engineering, and manufacturing capabilities across process industries.
  • Strategic transition toward higher-margin products improving profitability metrics.
  • Established presence and execution capability in brewery and distillery sectors.
  • Global market reach with active product exports to international geographies.
  • Integrated turnkey project execution covering design, supply, installation, and commissioning.

Key Risks & Challenges

  • A significant portion of revenue relies on a limited number of customers.
  • Concentration of raw material procurement among the top ten key suppliers.
  • Reliance on customers in alcohol-related industries is vulnerable to sudden regulatory changes.
  • High working capital intensity with trade receivables forming substantial current assets.
  • Geographical revenue concentration is primarily in a few domestic Indian states.

Transparency & Informational Notice

Grey Market Premium (GMP) is unofficial, unregulated market pricing gathered from market participants and brokers. It is provided for educational and observation purposes only and does not represent guaranteed listing price or investment advice.