SpectraA Technology Solutions IPO Subscription Status Day 1: Issue Subscribed 5.63 Times

Mumbai, September 17: The SpectraA Technology Solutions IPO recorded 5.63 times subscription on the first day of bidding on Thursday, September 17, 2026. Retail investors subscribed 9.48 times the shares reserved for them, while the NII category was subscribed 4.16 times. The QIB portion, excluding the anchor allocation, had not received bids by the reported time. The IPO carries a price band of ₹112 to ₹118 per share and has a lot size of 1,200 shares. At the upper end of the price band, the minimum retail application requires ₹2,83,200. The issue opened on September 17 and is scheduled to close on September 21, 2026.

As of 5:50:01 PM on September 17, 2026, the issue was subscribed 5.63 times overall. Retail investors accounted for the highest category-wise subscription at 9.48 times, followed by NII at 4.16 times.

SpectraA Technology Solutions IPO Day 1 Subscription Status

The figures exclude the anchor portion from the QIB subscription calculation.

Category-wise SpectraA Technology Solutions IPO Subscription Status

Within the NII category, small NIIs with applications below ₹10 lakh recorded a subscription of 5.93 times, compared with 3.27 times for applications above ₹10 lakh.

The issue had received 5,078 applications by the reported time, according to the supplied subscription data.

SpectraA Technology Solutions Day-wise Subscription Summary

The IPO opened for bidding on September 17, 2026. At the end of Day 1, the issue was subscribed 5.63 times.

SpectraA Technology Solutions IPO Timeline

Brief Overview Of The IPO

SpectraA Technology Solutions IPO is a bookbuilding issue of ₹42.52 crore. The supplied IPO details show a total issue size of 36,03,600 shares, comprising a fresh issue and an offer for sale.

The price band has been fixed at ₹112 to ₹118 per share, while the lot size is 1,200 shares. A retail investor needs to apply for at least two lots, or 2,400 shares, requiring ₹2,83,200 at the upper end of the price band.

The net offer to the public comprises 34,21,200 shares after the 1,82,400-share market-maker reservation. Of this, 17,08,800 shares are reserved for QIBs, 5,14,800 shares for NIIs and 11,97,600 shares for Retail investors.

The issue is proposed to list on the NSE SME platform, with September 24, 2026 set as the tentative listing date. The supplied IPO details identify Indcap Advisors Pvt. Ltd. as the book running lead manager, Maashitla Securities Pvt. Ltd. as the registrar and Asnani Stock Broker Pvt. Ltd. as the market maker. The supplied material does not provide a separate business description of SpectraA Technology Solutions.

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=SPECTRAA&series=SME&type=Active