SpectraA Technology IPO GMP Today, Price & Details
SpectraA Technology IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About SpectraA Technology
SpectraA Technology is a notable player within the SME segment, operating on the NSE platform. The company is involved in [business sector - *data not provided*], and its recent IPO aims to raise capital for its expansion and operational needs. The issue is structured as a fresh issue, with no Offer for Sale (OFS) component, indicating that the entire proceeds will directly benefit the company's growth initiatives. This SME IPO presents an opportunity for investors to participate in the growth story of a company seeking to scale its operations.
Financially, SpectraA Technology has demonstrated [financial track record - *data not provided*]. The IPO is priced within a band of ₹112 to ₹118 per share, with a face value of ₹10. Each lot consists of 1200 shares, making the minimum investment ₹141,600. The total issue size stands at ₹43 Cr, which is a significant amount for an SME offering, suggesting a substantial capital infusion for the company.
While specific details about its competitive positioning and the exact utilization of the IPO proceeds are not extensively elaborated upon in the provided data, the company's financial metrics, such as a high RONW of 37.46% and ROCE of 31.92%, suggest a strong operational efficiency. The funds raised are expected to fuel further growth, potentially enhancing its market share and profitability. Investors will be keen to understand the company's strategy for deploying this capital to drive future performance.
SpectraA Technology IPO — Investment Analysis
Let's dive into the valuation of SpectraA Technology's IPO. The company is offering shares at a price band of ₹112 - ₹118, with a face value of ₹10. What's particularly striking is the reported P/E ratio of a mere 0.01x, based on an EPS of ₹8211. This P/E seems extraordinarily low, potentially indicating that the current earnings are not representative of future potential, or there might be specific accounting treatments at play. The NAV stands at a healthy ₹116.98, which is comfortably above the upper price band, suggesting the issue isn't excessively priced on an asset value basis. However, the extremely low P/E warrants a deeper understanding of the earnings base.
Turning to its financial health, SpectraA Technology shows some impressive return ratios. Its Return on Net Worth (RONW) is a robust 37.46%, and Return on Capital Employed (ROCE) is also strong at 31.92%. The EBITDA margin is reported at 13.48%, indicating decent profitability from core operations. Revenue stands at ₹33.53 Cr and PAT at ₹4.41 Cr. While these figures provide a snapshot, a longer-term revenue trajectory and profit growth pattern would offer a more comprehensive view of its financial stability and operational efficiency.
The growth outlook for SpectraA Technology appears positive, supported by its strong return ratios and the capital infusion from the IPO. However, key risks need consideration. The SME segment itself carries higher inherent risks compared to mainboard listings, including lower liquidity and potentially greater volatility. The Offer for Sale (OFS) structure is absent, meaning the entire ₹43 Cr is a fresh issue, which is generally positive for growth but means no existing shareholders are exiting, which can sometimes provide a read on confidence. Sector-specific risks, if any, are also crucial to assess, though not detailed here.
The subscription data reveals an interesting dynamic: retail and NII categories are at 0x, while QIBs have subscribed a phenomenal 184.55x, leading to a total subscription of 184.55x. This overwhelming QIB interest, especially with zero retail and NII participation, is highly unusual and suggests a strong conviction from institutional investors, possibly due to specific strategic reasons or a very limited retail allocation. It could also indicate that the IPO wasn't widely marketed to retail investors or that the lot size made it less accessible. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
SpectraA Technology IPO — Pros & Cons
Strengths
- SpectraA Technology boasts a strong Return on Net Worth (RONW) of 37.46% and a Return on Capital Employed (ROCE) of 31.92%. These high ratios indicate that the company is generating excellent profits from its shareholder equity and capital investments, which is a positive sign for its operational efficiency and profitability.
- The Net Asset Value (NAV) per share stands at ₹116.98, which is higher than the upper price band of ₹118 per share. This suggests that the company's assets are valued higher than its share price, potentially indicating that the IPO is not overvalued from a book value perspective.
- The company has managed an EBITDA margin of 13.48%, which points to its ability to control operational costs and generate healthy earnings before interest, taxes, depreciation, and amortization. This margin is a good indicator of its core business profitability.
- The entire IPO issue size of ₹43 Cr is a fresh issue. This means that the capital raised will directly flow into the company to fund its growth and expansion plans, rather than being used for promoter exits or secondary sales, which is generally beneficial for long-term value creation.
- The overwhelming subscription of 184.55x by Qualified Institutional Buyers (QIBs) indicates strong institutional confidence in the company's future prospects. Such high interest from sophisticated investors often signals underlying strengths that might not be immediately apparent from basic financial data.
Risks
- The reported P/E ratio of 0.01x based on an EPS of ₹8211 is extraordinarily low and appears anomalous. This might suggest that the current earnings are not sustainable or that the EPS calculation is based on specific, non-recurring factors, making valuation assessment challenging and potentially misleading.
- The subscription data shows zero participation from Retail and High Net-worth Individual (HNI) investors (0x), while QIBs have subscribed massively (184.55x). This unusual pattern raises questions about retail investor interest or accessibility, and could indicate that the IPO is not broadly appealing to the retail segment for reasons not evident in the data.
- As an SME IPO, SpectraA Technology is subject to the inherent risks associated with smaller companies, including lower trading liquidity and higher price volatility compared to mainboard-listed entities. This can make it more challenging for investors to enter or exit positions without impacting the stock price.
- The limited financial data provided, particularly regarding revenue trajectory and detailed operational history, makes a comprehensive assessment of the company's past performance and future growth potential difficult. Investors might be making decisions based on incomplete information.
- The extremely high QIB subscription of 184.55x, coupled with zero retail and NII subscription, could also imply that the retail portion of the IPO was undersubscribed or that the allocation to retail investors was negligible. This might limit the opportunity for retail investors to acquire shares at the issue price.
SpectraA Technology IPO Details
| Company Name | SpectraA Technology |
|---|---|
| IPO Type | SME |
| Exchange | NSE |
| Price Band | ₹112 - ₹118 |
| Face Value | ₹10 per share |
| Lot Size | 1200 shares |
| Min Investment | ₹141,600 |
| Total Issue Size | ₹43.00 Cr |
|---|---|
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Manager | Indcap Advisors Pvt.Ltd. |
| IPO Status | Listed |
SpectraA Technology IPO Dates
SpectraA Technology IPO Subscription Status
SpectraA Technology IPO Listing Performance
SpectraA Technology IPO listed on NSE on 24 Sep 2026 at ₹224, a premium of 90% over the issue price of ₹118. Investors who received allotment made a profit of ₹127,440 per lot (1200 shares) on listing day.
SpectraA Technology IPO — Key Highlights
- SpectraA Technology is offering shares in the price band of ₹112 to ₹118 per share.
- The total issue size for this SME IPO on NSE is ₹43 Cr.
- The company has reported a robust RONW of 37.46% and ROCE of 31.92%.
- The Net Asset Value (NAV) per share stands at a healthy ₹116.98.
- The Qualified Institutional Buyers (QIBs) segment has seen an overwhelming subscription of 184.55x.
- The P/E ratio is reported at an exceptionally low 0.01x.
SpectraA Technology Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 |
|---|---|---|---|---|
| Revenue | 103.11 | 88.96 | 75.17 | 33.53 |
| Expenses | 101.21 | 86.85 | 68.03 | 28.12 |
| Net Income (PAT) | 1.78 | 2.00 | 4.91 | 4.41 |
| Margin (%) | 1.73% | 2.25% | 6.53% | 13.15% |
SpectraA Technology IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹8,211.00 |
|---|---|
| P/E Ratio | 0.01x |
| NAV | ₹116.98 |
| Current Ratio | 8,211.00 |
| Debt/Equity | 1.310 |
Return Metrics
| RONW (%) | 37.46% |
|---|---|
| ROCE (%) | 31.92% |
| EBITDA Margin | 13.48% |
| Employees | 71 |
SpectraA Technology IPO Reservation / Allocation
SpectraA Technology IPO Anchor Investors
| Bid Date | Coming soon |
|---|---|
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
SpectraA Technology IPO Lead Manager & Registrar
Book Running Lead Manager
Indcap Advisors Pvt.Ltd.
IPO Registrar
Maashitla Securities Pvt.Ltd.
SpectraA Technology IPO — Frequently Asked Questions
What is SpectraA Technology IPO GMP today?
As of today, the Grey Market Premium (GMP) for SpectraA Technology IPO is not available at this time. GMP values are updated daily based on grey market activity.
What is the price band and lot size of SpectraA Technology IPO?
SpectraA Technology IPO has a price band of ₹112 to ₹118 per equity share with a face value of ₹10. The minimum lot size is 1200 shares, requiring a minimum investment of ₹141,600 at the upper band.
What are the important dates for SpectraA Technology IPO?
SpectraA Technology IPO opens for subscription on TBA and closes on TBA. The shares are expected to list on NSE on 24 Sep 2026.
What is the investor category allocation in SpectraA Technology IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 0.00%, and Retail Individual Investors: 35.01%.
How can I apply for SpectraA Technology IPO?
You can apply for SpectraA Technology IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Maashitla Securities Pvt.Ltd..
What is the subscription status of SpectraA Technology IPO?
SpectraA Technology IPO has been subscribed 184.55 times overall. Retail category: 0.00x, NII/HNI: 0.00x, QIB: 184.55x.
What is SpectraA Technology IPO price band and lot size?
The SpectraA Technology IPO is open with a price band set between ₹112 and ₹118 per share. The face value for each share is ₹10. Investors can apply in lots, with each lot comprising 1200 shares.
This means the minimum investment required to apply for this IPO is ₹141,600 (1200 shares x ₹118).
Is SpectraA Technology IPO worth investing in?
SpectraA Technology presents a mixed financial picture. On one hand, it boasts impressive return ratios like RONW of 37.46% and ROCE of 31.92%, along with a healthy NAV of ₹116.98, suggesting operational efficiency and asset backing. The P/E of 0.01x is exceptionally low, which is unusual and requires deeper investigation into the earnings base.
The overwhelming QIB subscription of 184.55x shows strong institutional confidence, but the zero retail and NII subscription is a point of caution. Given the SME status and the peculiar valuation metrics, it's crucial to weigh these factors carefully. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is SpectraA Technology IPO GMP today?
Grey Market Premium (GMP) for the SpectraA Technology IPO is an unofficial indicator of demand and potential listing gains. As of now, specific GMP figures are not readily available or widely reported. While GMP can offer a glimpse into market sentiment, it's important to remember that these are speculative and not a guarantee of listing performance.
Investors should not rely solely on GMP for investment decisions, as it can fluctuate significantly and is not regulated.
How to apply for SpectraA Technology IPO?
To apply for the SpectraA Technology IPO, you can do so through your demat account via the ASBA (Application Supported by Blocked Amount) facility provided by your bank or broker. You can also apply using the UPI (Unified Payments Interface) mechanism. Funds will be blocked in your account and debited only upon successful allotment of shares.
The registrar for this IPO is Maashitla Securities Pvt.Ltd., who will manage the allotment process.