IPO Synopsis
SpectraA Technology Solutions Ltd
Initial public offer of upto 36,03,600 equity shares of face value of Rs. 10/- each of Spectraa Technology Solutions Limited (the "Company" or the "Issuer") for cash at an offer price of Rs. 112-118 per equity share including a share premium of Rs. 102-108 per equity share (the "Offer Price") comprising of a fresh issue of upto 32,55,600 equity shares of face value of Rs. 10/- each aggregating to Rs. 36.47-38.42 Crores (the "Fresh Issue") and an offer for sale of upto 3,48,000 equity shares of face value of Rs. 10/- each comprising of upto 1,74,000 equity shares of face value of Rs.10/- each by A L Arun Kumar and upto 1,74,000 equity shares of face value of Rs.10/- each by Sailaja Arun Kumar ("the Selling Shareholders or "Promoter Selling Shareholders") ("Offer for Sale") aggregating to Rs. 3.90-4.1 Crores, of which 1,82,400 equity shares of face value of Rs. 10/- each for aggregating to Rs. 2.04-2.15 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The public offer less the market maker reservation portion i.e. Net offer of 34,21,200 equity shares of face value of Rs. 10/- each aggregating to Rs. 38.32-40.37 Crores is hereinafter referred to as the "Net Offer". The public offer and the net offer will constitute upto 27.00% and 25.64%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 112 to Rs. 118 per equity share of face value of Rs. 10/- each. The floor price is 11.20 times the face value of the equity shares and the cap price is 11.80 times the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Issue
Opens On Closes On
17-Sep-26 21-Sep-26
Money Payable On
Application Allotment
112.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Indcap Advisors Private Limited
Project Financed through Current Offer (.Cr) 40.36  
Post Issue Equity Share Capital (.Cr) 13.35
Issue Price () 112.00
Projects
Capital Expenditure at Jaipur manufacturing facility
Repayment of Term Loans availed by the Company
Working Capital requirements
General Corporate Purposes
Promoted By
A L Arun Kumar
Sailaja Arun Kumar
Praveen Kumar Appukuttan Nair
Listing At
NSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd

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