BY THE NUMBERS.
TICKET CLASSES.
WHAT THE CHATTER IMPLIES.
GMP +₹44 (+37.29%)
RECORDED 14 SEPT 2026, 17:28 IST
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
WHO GETS WHICH SEATS.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHO ELSE RUNS THIS LINE.
Offer Price of the Company is considered as CMP. Current Market Price for Peer Group Companies is as on September 07, 2026 on the NSE; The P/E ratio is as on September 07, 2026. The comparable for the peer group companies is as on March 31, 2026. Source: www.nseindia.com Notes: Considering the nature, range of products/services, turnover and size of business of the Company, the peers are not strictly comparable. However, the above Company has been included for broad comparison. There is no other listed peer of the Company hence we have taken only Praj Industries Limited for comparison. The figures of Spectraa Technology Solutions Limited are based on the Restated Consolidated Financial Statement for the year ended March 31, 2026. The figures for the peer group are for the year ended March 31,2026 and are from the financial statements filed with the NSE on a consolidated basis. Current Market Price (CMP) is the closing price of the peer group scrip as on September 07, 2026 on NSE. NAV is computed as the Net Worth at the end of the period or year/ Total number of equity shares outstanding at the end of the period/ year. P/E Ratio for the peer has been computed based on the closing market capitalisation of respective peers as on September 07, 2026 as divided by the earnings per share for the financial year 2026. RoNW is computed as net profit after tax, as attributable to the owners of the Company divided by closing net worth. Net worth has been computed as the aggregate of share capital and other equity (excluding Revaluation Reserves, if any) and as attributable to the owners of the Company. Spectraa Technology Solutions Limited is a Book Built Issue. The Offer Price has been determined by the company in consultation with the Book Running Lead Manager and is justified based on the above qualitative and quantitative parameters.
WHAT THE MONEY IS FOR.
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: Geographical Advantage of two manufacturing facilities In-house Product Fabrication Diversified and Sustainable Order Book Quality Control and Compliance Experienced Leadership and Skilled Team
ON THE ROSTER.
COMMON QUESTIONS.
What is the SpectraA Technology Solutions IPO price band?+
The indicative price band is ₹112–118 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the SpectraA Technology Solutions IPO?+
One lot is 1200 shares. At the upper band of ₹118, one lot works out to ₹1,41,600.
When does the SpectraA Technology Solutions IPO open and close?+
The issue opens on 17 Sept 2026 and closes on 21 Sept 2026. Dates can move — the registrar and the exchange notices are the record.
When is the SpectraA Technology Solutions IPO allotment?+
Allotment is scheduled for 22 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When does SpectraA Technology Solutions list?+
Listing is scheduled for 24 Sept 2026 on NSE SME.
Where will SpectraA Technology Solutions be listed?+
SpectraA Technology Solutions is proposed for listing on NSE SME. It is an SME issue, so it trades on the SME platform.
How large is the SpectraA Technology Solutions IPO?+
The issue size is ₹42.52 Cr — a fresh issue of ₹36.26 cr and an offer for sale of ₹4.11 cr. Figures are indicative and subject to the RHP.
What is the difference between the fresh issue and the offer for sale in the SpectraA Technology Solutions IPO?+
Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.
What is the grey market premium (GMP) for the SpectraA Technology Solutions IPO?+
The last GMP we recorded is +₹44 (+37.29%), as at 14 SEPT 2026, 17:28 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.
What listing price does the GMP imply for SpectraA Technology Solutions?+
Adding the last recorded GMP to the upper band gives ₹162. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.
Who is the registrar for the SpectraA Technology Solutions IPO?+
The registrar to the issue is Maashitla Securities Pvt.Ltd. (011-45121795), investor.ipo@maashitla.com.
Where can I check the SpectraA Technology Solutions IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://maashitla.com/allotment-status/public-issues. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.
What is the P/E ratio of the SpectraA Technology Solutions IPO?+
The P/E ratio on file for this issue is 10.31, and the post-issue P/E is 13.63, stated as of 31 Mar 2026. A reported ratio is not a view on value.