SpectraA Technology IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 89.68 | 75.53 | 103.05 |
| Expense | 86.85 | 68.03 | 87.57 |
| Profit (PAT) | 2.00 | 4.91 | 11.56 |
| Total Assets | 66.64 | 100.00 | 106.29 |
Promoters: A L Arun Kumar, Sailaja Arun Kumar, Praveen Kumar Appukuttan Nair Leela, Divya Praveen
Strengths & Risks
- Strong grey-market premium — +37% over the issue price.
- Grey-market premium is trending up during the bidding window.
- Revenue grew 36% in the latest reported year.
- Solid profit margin — 11.2%.
- Strong return on equity — 61%.
- Elevated leverage — debt/equity of 1.09.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Founded in 2009, SpectraA Technology Solutions has been involved in engineering, designing, fabrication, installation, commissioning, and decommissioning of Greenfield projects (building a completely new plant) and brownfield projects (modifying the existing plant). The company offers a wide range of equipment, engineering services, and products to help companies set up and operate industrial plants. SpectraA can set up, transfer, or decommission any new or existing manufacturing plant to clients’ specifications. Moreover, the firm has successfully installed many projects for pharmaceutical SS bioreactors & mixers, brewery & microbrewery plants, yogurt plants, dairy plants, sugar manufacturing plants, processed food plants, and soft drink & beverage bottling plants in South Asian countries like Srilanka, Bhutan & Nepal, including several locations in India and African countries like the Republic of Benin.
| Purpose | Amount (Cr) |
|---|---|
| Capital Expenditure at Jaipur manufacturing facility | 11.00 |
| Repayment of Term Loans availed by the Company | 6.48 |
| Working Capital requirements | 9.50 |
| General Corporate Purposes | - |
Resources & Documents
17/7 Ali Asker Road Cunningham Rd, Bangalore G.P.O Bangalore Rural Karnataka
SpectraA Technology has set a price band of Rs 112–Rs 118 per share for an issue size of Rs 43 crore. The SME issue is scheduled to open for subscription on September 17, 2026 — 3 days from now.
Founded in 2009, SpectraA Technology Solutions has been involved in engineering, designing, fabrication, installation, commissioning, and decommissioning of Greenfield projects (building a completely new plant) and brownfield projects (modifying the existing plant). The company offers a wide range of equipment, engineering services, and products to help companies set up and operate industrial plants.
The issue is promoted by A L Arun Kumar, Sailaja Arun Kumar, Praveen Kumar Appukuttan Nair Leela, Divya Praveen with Indcap Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Capital Expenditure at Jaipur manufacturing facility (Rs 11 crore) and Repayment of Term Loans availed by the Company (Rs 6 crore).
Grey market is quoting a premium of +Rs 44 (+37.3% over issue price), up Rs 17 from the previous session.
On fundamentals, the company is posting revenue growth of 36.4%, a profit margin of 11.2%, return on equity of 61.0% in its most recent reported period. Listed peers in this segment include Praj Industries Limited (P/E 258.89x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
SpectraA Technology IPO GMP — What It Means
The latest grey market premium for SpectraA Technology IPO is ₹44 (+37.3%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For SpectraA Technology it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full SpectraA Technology GMP history and trend, or learn how grey market premium works and how reliable it is.
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