About Spectraa Technology Solutions Ltd IPO
SpectraA Technology Solutions IPO is a proposed SME public issue of up to 34.76 lakh equity shares, comprising a fresh issue of up to 27.84 lakh shares and an offer for sale of up to 6.92 lakh shares. The company plans to list its shares on the NSE EMERGE platform.
Indcap Advisors Private Limited is the Book Running Lead Manager, while Maashitla Securities Private Limited is the registrar to the issue. The IPO is being promoted by A L Arun Kumar, Sailaja Arun Kumar, Praveen Kumar Appukuttan Nair Leela and Divya Praveen.
The funds raised through the fresh issue are proposed to be used for capital expenditure at the Jaipur manufacturing facility, repayment of term loans, working capital requirements and general corporate purposes.
About SpectraA Technology Solutions
Incorporated in 2009, SpectraA Technology Solutions Ltd. provides end-to-end engineering and project solutions, including design, fabrication, installation, commissioning and decommissioning of greenfield and brownfield projects.
The Company serves industries such as breweries, distilleries, food and beverages, malt spirit and blending, extraction plants, FMCG and pharmaceuticals. Its key product segments include:
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Commercial Brewery Equipment: Turnkey brewhouse and cellar systems for commercial beer brewing, fermentation, conditioning and storage.
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Distillery Equipment: Turnkey copper pot still-based systems used for distillation and concentration of alcohol and flavour compounds.
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Food and Beverage Plants: Process equipment and integrated solutions for extracting and processing flavours and colours from plant-based inputs.
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Microbrewery Equipment: Turnkey brewing and cellar systems designed for craft and microbrewery operations.
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Malt Spirit Equipment: Equipment systems covering milling to distillation, along with condensers, wash and spirit stills, and blending and storage tanks.
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Extraction Plants: Extraction vessels along with holding and buffer tanks.
The Company operates two manufacturing facilities in Bengaluru and Jaipur, with a combined built-up area of 33,214.75 sq. ft. As of the DRHP date, it had partnerships across the Indian and international markets.
SpectraA Technology Solutions IPO is a proposed SME public issue of up to 34.76 lakh equity shares, comprising a fresh issue of up to 27.84 lakh shares and an offer for sale of up to 6.92 lakh shares. The company plans to list its shares on the NSE EMERGE platform. Indcap Advisors Private Limited is the Book Running Lead Manager, while Maashitla Securities Private Limited is th
Spectraa Technology Solutions IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 18,01,800 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,40,540 crores |
| Retail Individual Investors (RIIs) | 35% | 12,61,260 crores |
Spectraa Technology Solutions IPO Strengths & Weaknesses
Two manufacturing facilities supporting its geographical reach.
In-house fabrication capabilities provide greater control over production.
Diversified order book across multiple industries and product segments.
Focus on quality control and compliance.
Experienced leadership and a skilled workforce.
Dependence on a limited number of suppliers may expose the Company to supply disruptions or unfavourable changes in supply terms.
Part of the Net Proceeds will be used to repay a term loan, which will not create tangible assets for the Company.
Revenue dependence on certain geographical regions may make the business vulnerable to adverse regional developments.
Spectraa Technology Solutions IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 22 Sep '26 | 24 Sep '26 | 23 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 36,03,600 shares (aggregating up to To be announced) |
| Fresh Issue | 3,07,320 shares (aggregating up to ₹30,73,200 crores) |
| Offer for Sale | 34,800 shares of ₹10 (aggregating up to ₹3,48,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Spectraa Technology Solutions IPO Lot Size and Investment Details
| Minimum Lot Size | 1,200 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Spectraa Technology Solutions ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Spectraa Technology Solutions IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Spectraa Technology Solutions IPO Contact & Registrar Details
Contact Details
Address
17/7 Ali Asker Road Cunningham Rd, Bangalore G.P.O, Bangalore North Bengaluru
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Spectraa Technology Solutions Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Indcap Advisors Pvt Ltd |
