Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

SpectraA Technology Solutions Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 20, 2026 to raise funds through Initial Public Offer (IPO).
SpectraA Technology Solutions Ltd. IPO is a Book Build Issue of 0.35 crore equity shares consisting of a fresh issue of upto 0.28 crore equity shares and an offer for sale (OFS) of upto 0.07 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Indcap Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SpectraA Technology Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 34,76,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 27,84,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 6,92,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,00,91,646 shares |
| Share Holding Post Issue | 1,28,75,646 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Mar 20, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2009, Spectraa Technology Solutions Limited is engaged in providing IT and technology solutions to businesses across various industries.
Spectraa Technology Solutions focuses on delivering customized, technology-driven solutions and caters to a range of clients through its expertise in innovation, automation, and digital services.
The company prodvides engineering, designing, fabrication, installation, commissioning and decommissioning greenfield and brownfield projects across various industries which include, Breweries (Craft and Microbreweries), Distilleries, Food and Beverages, Malt Spirit and Blending, Extraction Plants, FMCG (Fast Moving Consumer Goods) and Pharmaceuticals.
The company have two manufacturing facilities located at Bengaluru and Jaipur with an aggregate built up area of 33,214.75 square feet.
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 111.63 | 100.00 | 66.64 | 59.72 |
| Total Income | 34.12 | 75.53 | 89.68 | 103.49 |
| Profit After Tax | 4.41 | 4.91 | 2.00 | 1.78 |
| EBITDA | 7.60 | 10.13 | 4.48 | 3.78 |
| NET Worth | 17.58 | 13.12 | 8.18 | 6.17 |
| Reserves and Surplus | 16.46 | 12.00 | 7.06 | 5.05 |
| Total Borrowing | 24.63 | 17.21 | 14.19 | 10.55 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure at Jaipur manufacturing facility | 12.41 |
| 2 | Repayment of Term Loans availed by the Company | 9.00 |
| 3 | Working Capital requirements | 9.50 |
| 4 | General Corporate Purposes | |
| Total | 30.91 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 28.75% | 46.14% |
| ROCE | 18.30% | 31.92% |
| Debt/Equity | 1.40 | 1.31 |
| RoNW | 25.10% | 37.46% |
| PAT Margin | 13.16% | 6.54% |
| EBITDA Margin | 22.66% | 13.48% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
SpectraA Technology Solutions IPO is a SME IPO of 34,76,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SpectraA Technology Solutions IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in SpectraA Technology Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in SpectraA Technology Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SpectraA Technology Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SpectraA Technology Solutions IPO dates are not announced. Please check back again after some time.
SpectraA Technology Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SpectraA Technology Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SpectraA Technology Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SpectraA Technology Solutions IPO allotment status.
The SpectraA Technology Solutions IPO listing date is not yet announced. The tentative date of listing is .