SpectraA Technology Solutions Share Price: Stock Lists at ₹224.20 With a 90% Premium Price on NSE

On September 24, 2026, SpectraA Technology Solutions Ltd. shares made their market debut on the stock exchanges. The stock listed at ₹224.20 on the National Stock Exchange (NSE), reflecting a 90.00% gain over its IPO issue price of ₹118.00 per share.  

SpectraA Technology Solutions Ltd IPO Overview 

The initial public offering of SpectraA Technology Solutions Ltd is a book built issue totaling ₹42.52 crore. The bidding process opened on September 17, 2026, and concluded on September 21, 2026.  
 
The share price band was set between ₹112 to ₹118 per share with a lot size of 1,200 shares. The issue comprises a fresh issue of 32,56,000 shares aggregating to ₹38.42 crore and an offer for sale of 3,48,000 shares aggregating to ₹4.11 crore.  
 
Indcap Advisors Pvt Ltd is the book running lead manager while Maashitla Securities Pvt Ltd serves as the registrar. 

Business Overview of SpectraA Technology Solutions Ltd 

Incorporated in January 2009, SpectraA Technology Solutions Limited functions as an engineering and technology solutions provider. The company specialises in the design, fabrication, installation, commissioning, and decommissioning of greenfield and brownfield projects.  
 
Its extensive product portfolio features commercial brewery equipment, food and beverage plants, distillery equipment, microbrewery equipment, malt spirit equipment, and extraction plants. Operating manufacturing facilities in Bengaluru and Jaipur, the company services industries including pharmaceuticals, FMCG, and beverages.  
 
As of August 31, 2026, the company maintains a diversified order book with 79 employees across its operations. 

Financial Overview of SpectraA Technology Solutions Ltd 

The company is listed on the NSE SME platform with a face value of ₹10 per share. At the final issue price of ₹118 per share, the market capitalization stands at ₹1,57,50,00,000.  
 
The pre-issue shareholding consists of 1,00,91,646 shares. Individual retail investors required a minimum investment amount of ₹2,83,200 for 2,400 shares, while the minimum lot size for High Net Worth Individuals is 3 lots consisting of 3,600 shares which amounts to ₹4,24,800.  
 
Asnani Stock Broker Pvt Ltd is appointed as the market maker with a reserved allocation of 1,82,400 shares. 

Objective of SpectraA Technology Solutions Ltd IPO 

The company intends to deploy the net proceeds from the fresh issue toward key structural growth objectives totaling ₹38.42 crore. A major allocation of ₹11.00 crore is designated for capital expenditure at the Jaipur manufacturing facility.  
 
The company has earmarked ₹6.48 crore for the repayment of term loans availed by the business. Additionally, ₹9.50 crore is allocated to meet working capital requirements, while ₹5.70 crore is budgeted for general corporate purposes.  
 
The final component of the issue allocation accounts for ₹5.74 crore to cover specific issue expenses. 

Read More: Robokidz Eduventures IPO Allotment Status! 

SpectraA Technology Solutions Share Price Performance 

As of September 24, 2026, at 10:03 AM, SpectraA Technology Solutions share price on NSE was trading at ₹235.40, up by 5.00% (+₹11.20) from its opening price. This marks a massive overall surge of 99.49% (+₹117.40) over its original IPO issue price of ₹118.00. 

Conclusion 

SpectraA Technology Solutions equity shares opened with a stellar premium at ₹224.20 on the NSE, up by 90% above the company's IPO issue price of ₹118.00 per share. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.    

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.