What is the GMP of SpectraA Technology Solutions IPO today?

The grey market premium (GMP) of SpectraA Technology Solutions IPO is ₹81 (+68.64% of the issue price), as of 24 Sep 2026, 12:29 am IST. GMP is an unofficial indicator and can change quickly.

What is the price band of SpectraA Technology Solutions IPO?

The price band of SpectraA Technology Solutions IPO is ₹112.00 – ₹118.00.

When does SpectraA Technology Solutions IPO open and close?

SpectraA Technology Solutions IPO opens on 17-Sep and closes on 21-Sep, with listing expected on 24-Sep.

What is the lot size of SpectraA Technology Solutions IPO?

The lot size is 1,200 shares, so the minimum investment is ₹1,41,600.

What is the subscription status of SpectraA Technology Solutions IPO?

SpectraA Technology Solutions IPO is subscribed 304.06× overall as of 24 Sep 2026, 12:29 am IST.

What is the estimated listing price of SpectraA Technology Solutions IPO?

Based on the current GMP, the estimated listing price is ₹199. This is indicative only and not guaranteed.

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NSE SMEClosed

SpectraA Technology Solutions IPO

Industrial Products · NSE SME

LIVE GMP₹81+68.64% vs issue price

Issue price₹118upper price band

Est. listing₹199+68.64% indicative gain

Subscription304.06×times subscribed

Lot size1,200shares per lot

AI ANALYST

Scorecard & verdict

Generated 24 Sep 2026, 12:29 am IST · shared across all visitors

SpectraA Technology Solutions IPO – SME Analysis

Verdict: AVOID | Score: 35/100 | Confidence: Low

Scorecard Table

Parameter	Data + Source	Score
GMP (15)	GMP ₹81 (68.6% of upper band) – Data block	12*
Lead Manager Track Record (20)	Lead managers: Axis Capital, IIFL Capital, Motilal Oswal – Web result [1]; no track record data found	0
Anchor / Market Maker (10)	Market maker registered with NSE – Web result [1]; anchor portion not found	5
Promoter/Legal (15)	SEBI litigation for alleged fraud; SEBI banned 12 individuals including directors – Web result [1]	0
Valuation vs Peers (15)	IPO P/E 5.17x – Web result [3]; no peer P/E comparison found	6**
Subscription (15)	QIB: 184.55x, NII/HNI: 441.66x, Retail: 313.17x – Data block	15
Financial Quality (10)	No revenue, profit, margins, ROE, or debt data – Issue data not available; web research silent	0

*GMP capped at 12 for SME due to thin/single-source data (per rules).

**Valuation scored at 40% of max (6/15) as peer comparison missing (per rules: if no peer P/E, score ≤60% of max).

Top Positives

Extremely high subscription across all categories (QIB 184.55x, HNI 441.66x, Retail 313.17x) – Data block
Market maker appointed and registered with NSE – Web result [1]

Top Red Flags

SEBI litigation for alleged fraud; promoters/directors banned and illegal gains impounded – Web result [1]
No financial data (revenue, profit, margins) available in issue data or web research – Issue data not available
Anchor investor names and lock-in details unavailable – Issue data not available
Lead manager track record (past listing gains, SEBI actions) not found in web research – Web result [1]
Peer valuation comparison (P/E, price-to-book) not found – Web result [3]

Missing Data

Anchor investor names and lock-in details (Issue data)
Lead manager track record (past performance, SEBI actions) – Not found in web research
Financial quality: revenue, profit, growth, margins, ROE/ROCE, debt/equity – Issue data not available; web research silent
Use of proceeds and issue quality (fresh vs OFS) – Issue data not available
Peer valuation comparison (P/E, price-to-book) – Not found in web research
Anchor portion size and pricing – Issue data not available

Data Timestamps

Market data fetched: 2026-09-23T18:59:27.834Z
Web research fetched: 2026-09-23T18:59:34.718Z

Not investment advice. Do your own due diligence.

GMP MOVEMENT

Grey market trend

Volatile

17 recorded GMP updates · Oldest to latest

TREND READ

Volatile GMP trend

SpectraA Technology Solutions IPO's grey market premium is currently showing a Volatile trend across the last 11 grey market sessions. The GMP has moved from ₹27 to ₹81, a net gain of ₹54. 60% of these sessions were positive versus 10% negative, with the premium swinging across a range of ₹54.

Starting GMP₹27

Net change+₹54

GMP range₹54

Sessions11

LIVE DEMAND

Subscription by investor category

As of 21st Sep 2026 18:56

QIB184.55×Qualified institutions

NII / HNI441.66×Non-institutional investors

bNII487.57×HNI applications above ₹10L

sNII349.83×HNI applications below ₹10L

Retail313.17×Retail individual investors

Total304.06×Overall subscription

Total bid amount: ₹8,598.02 crore

ISSUE DETAILS

Dates, pricing & lot

Opening date17-Sep

Closing date21-Sep

Listing date24-Sep

Price band₹112.00 – ₹118.00

Issue size₹42.52 Cr

Minimum investment₹1,41,600

Est. profit per lot₹97,200

ExchangeNSE SME

CategorySME IPO

HISTORY

GMP updates

Date & time	GMP	Movement
23 Sept, 09:02 pm	₹81	Up
23 Sept, 09:37 am	₹77	Up
22 Sept, 08:37 pm	₹73	Up
21 Sept, 09:37 pm	₹67	Up
21 Sept, 09:02 pm	₹60	Up
18 Sept, 05:37 pm	₹45	Up
18 Sept, 11:56 am	₹30	Down
18 Sept, 11:29 am	₹35	Down
18 Sept, 11:02 am	₹40	Down
18 Sept, 09:02 am	₹50	Up
17 Sept, 11:37 am	₹30	Down
15 Sept, 10:37 am	₹50	Up
14 Sept, 02:37 pm	₹44	Up
14 Sept, 02:02 pm	₹40	Up
13 Sept, 06:02 pm	₹27	Up
13 Sept, 10:37 am	₹18	Up
11 Sept, 01:37 pm	₹0	Flat