SpectraA Technology Solutions Limited is an engineering and process equipment solutions company providing design, fabrication, installation, commissioning and decommissioning services for greenfield and brownfield projects across industries such as breweries, distilleries, food and beverages, FMCG and pharmaceuticals.
The company undertakes turnkey projects from engineering and design to fabrication, installation, commissioning and final handover, along with operator training and O&M support.
SpectraA primarily operates across six product verticals:
- Commercial Brewery Equipment : including turnkey brewhouse and cellar systems for commercial-scale brewing, fermentation, conditioning and storage.
- Distillery Equipment : comprising turnkey distillation systems, including copper pot still-based solutions for the production of alcoholic spirits.
- Food and Beverage Plants : offering process equipment and integrated systems for extracting and processing flavours and colours from plant-based inputs.
- Microbrewery Equipment : providing turnkey brewing and cellar systems for craft and micro-scale breweries.
- Malt Spirit Equipment : supplying integrated equipment from milling to distillation for the production of malt spirits.
- Extraction Plants : comprising extraction vessels and associated holding and buffer tanks designed for recovering flavours, colours and active compounds.
The company operates two manufacturing facilities in Bengaluru and Jaipur with an aggregate built-up area of 33,214.75 square feet and has partnered with over 50 clients across India and select international markets.
SpectraA Technology Solutions IPO – Details
| IPO Opening Date | 17 September 2026 |
| IPO Closing Date | 21 September 2026 |
| Issue Type | Book Building IPO |
| Issue Size | Total Issue: 36,03,600 Shares Worth ₹42.52 Crore Fresh Issue: 32,55,600 Shares Worth ₹38.41 Crore Offer For Sale: 3,48,000 Shares Worth ₹4.11 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹112 – ₹118 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
SpectraA Technology Solutions IPO – Date Schedule
| IPO Open Date | 17 September 2026 |
| IPO Close Date | 21 September 2026 |
| Basis of Allotment | 22 September 2026 |
| Initiation of Refund | 23 September 2026 |
| Credit of Shares to Demat | 23 September 2026 |
| IPO Listing Date | 24 September 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 21, 2026 |
SpectraA Technology Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,83,200 |
| Retail (Max) | 2 | 2400 | ₹2,83,200 |
| S-HNI (Min) | 3 | 3600 | ₹4,24,800 |
| S-HNI (Max) | 7 | 8400 | ₹9,91,200 |
| B-HNI (Min) | 8 | 9600 | ₹11,32,800 |
Competitive Strength
- Geographical Advantage of two manufacturing facilities.
- In-house Product Fabrication.
- Diversified and Sustainable Order Book.
- Quality Control and Compliance.
- Experienced Leadership and Skilled Team.
Company Promoters
- A L Arun Kumar
- Sailaja Arun Kumar
- Praveen Kumar Appukuttan Nair Leela
- Divya Praveen
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹103.49 Cr | ₹101.21 Cr | ₹1.78 Cr | ₹10.55 Cr |
| 31 March 2024 | ₹89.68 Cr | ₹86.85 Cr | ₹2.00 Cr | ₹14.19 Cr |
| 31 March 2025 | ₹75.53 Cr | ₹68.03 Cr | ₹4.91 Cr | ₹17.21 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| PAT Margin | – |
| EBITDA Margin | – |
| NAV | – |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure at Jaipur manufacturing facility. | ₹12.41 |
| Repayment of Term Loans availed by the Company. | ₹9.00 |
| Working Capital requirements. | ₹9.50 |
| General Corporate Purposes. |
✅Strengths
- Turnkey Solutions across design, fabrication and project execution.
- Diversified Portfolio serving multiple industries and product segments.
- Manufacturing Facilities in Bengaluru and Jaipur supporting in-house capabilities.
⚠️Risks
- Customer Concentration with significant revenue dependence on key customers.
- Project Execution Risk from potential delays and cost overruns.
- Supplier Dependence for raw materials and critical components.
SpectraA Technology Solutions IPO Promoter Holding
| Pre-Issue Share Holding | 100% |
| Post Issue Share Holding | 73% |
SpectraA Technology Solutions IPO Prospectus
- SpectraA Technology Solutions IPO DRHP
- SpectraA Technology Solutions IPO RHP
Company Contact Information
| SpectraA Technology Solutions Limited 17/7 Ali Asker Road, Cunningham Rd, Bangalore G.P.O, Bangalore North, Bangalore Rural, Karnataka, 560001 Phone: +91 80 41150466 Email: cs@spectraa.com Website: https://www.spectraa.com/ |
SpectraA Technology Solutions IPO Registrar
| Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: Investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
SpectraA Technology Solutions IPO Lead Manager(s)
| 1. Indcap Advisors Pvt. Ltd. |
SpectraA Technology Solutions IPO FAQ
| What is the SpectraA Technology Solutions IPO? SpectraA Technology Solutions IPO is an SME IPO. The issue is priced at ₹112 – ₹118 per equity share. The IPO is to be listed on NSE SME. |
| When will SpectraA Technology Solutions IPO open? The IPO is to open on 17 September 2026 for QIB, NII and Retail Investors. |
| What is SpectraA Technology Solutions IPO Investors’ Portion? The Investors portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the SpectraA Technology Solutions IPO Size? SpectraA Technology Solutions IPO size is ₹42.52 Crore. |
| What are the SpectraA Technology Solutions IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,83,200, while the maximum bid is 2400 Shares for ₹2,83,200. |
| What is the SpectraA Technology Solutions IPO Allotment Date? SpectraA Technology Solutions IPO allotment date is 22 September 2026. |
| What is the SpectraA Technology Solutions IPO Listing Date? SpectraA Technology Solutions IPO listing date is 24 September 2026. The IPO is to be listed on the NSE SME. |
