· SME · NSE
Price Band
₹112–118
Lot Size
1200 shares
Issue Size
₹43 Cr
Min. Investment
₹1,41,600
Indicative, updates through the day
Cap price plus current GMP: ₹118 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
SpectraA Technology Solutions IPO is an SME issue scheduled to open for subscription on 17 September 2026, listing on NSE. The issue price band is fixed at ₹112–₹118 per equity share with a minimum market lot size of 1200 shares, bringing the total issue size to ₹43 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,41,600.
No meaningful grey market premium is actively quoted for SpectraA Technology Solutions IPO at this stage. For an SME issue that is yet to open, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 1200 shares (approx. ₹1,41,600 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Maashitla Securities Pvt. Ltd., with the basis of allotment scheduled for finalization on 22 September 2026 and listing expected on 24 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,83,200 |
| Individual investors (IND) (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 |
EPS (Pre IPO)
4.87
EPS (Post IPO)
6.61
ROE
46.59%
P/E (Pre IPO)
24.23
P/E (Post IPO)
17.85
Price / Book
4.80
Market Cap
₹119Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Kwick Forensic Solutions Ltd. | 11.25 | ₹50.77 Cr | |
| Skytech Infinite Platform Ltd. | null | ₹22.68 Cr | |
| Merritronix Ltd. | 11.83 | ₹70.03 Cr | |
| Adisoft Technologies Ltd. | 12.82 | ₹74.10 Cr | |
| Highness Microelectronics Ltd. | 16.7 | ₹21.67 Cr | |
| Tipco Engineering India Ltd. | 8.73 | ₹60.55 Cr |
SpectraA Technology Solutions Ltd. Address
Maashitla Securities Pvt. Ltd.