Engineering - Industrial Equipment & Capital Goods - Listed on 24 September 2026
SpectraA Technology Solutions (Engineering - Industrial Equipment & Capital Goods) closed its IPO window in 2026 and listed on NSE and BSE on 24 September 2026 at an upper band issue price of Rs 118, opening at Rs 224.2 for a listing gain of +90.0%. The IPO was subscribed 304.13x overall - QIB 184.55x, HNI/NII 442.01x, Retail 313.17x. The total issue size was Rs 42.52 Cr (Fresh Issue Rs 38.42 Cr, OFS Rs 4.11 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Engineering - Industrial Equipment & Capital Goods
SpectraA Technology Solutions operates in the Engineering - Industrial Equipment & Capital Goods space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The SpectraA Technology Solutions issue was offered at an upper price of Rs 118 and raised approximately Rs 42.52 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 50 | +42.37% |
| Day 2 | Rs 30 | +25.42% |
| Day 3 | Rs 45 | +38.14% |
| Day 4 | Rs 67 | +56.78% |
| Day 5 | Rs 73 | +61.86% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the SpectraA Technology Solutions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SpectraA Technology Solutions IPO listed at +90.0% versus the upper issue price of Rs 118 on 24 September 2026.
SpectraA Technology Solutions IPO was subscribed 304.13x overall. QIB portion was subscribed 184.55x, HNI / NII 442.01x and Retail 313.17x.
IPO GMP started at Rs 50 on Day 1 and moved to Rs 73 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.