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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Expansion of manufacturing facility in Jaipur
Funding capital expenditure for expanding production capacity and infrastructure at the Jaipur unit in Rajasthan.
Repayment or prepayment of debt facilities
Allocating capital towards partial or full repayment of selected outstanding borrowings to lower finance costs.
Funding working capital requirements
Meeting additional working capital needs to support expanding operational scale and order fulfillment.
General corporate purposes
Supporting routine business development, operational expenses, and corporate administrative requirements.
(₹ in Crore)
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SpectraA Technology Solutions Limited, established in 2009, operates as an engineering and original equipment manufacturing (OEM) enterprise focused on specialized process engineering solutions. The company offers turnkey design, custom fabrication, installation, testing, and commissioning services for industrial process plants. Its business serves varied sectors such as craft breweries, commercial distilleries, beverage processing, pharmaceuticals, and fast-moving consumer goods (FMCG). The enterprise maintains two manufacturing facilities situated in Bengaluru, Karnataka, and Jaipur, Rajasthan. Across its operational history, the organization has expanded its technological scope from standalone processing units to complete automated liquid processing systems, industrial storage tanks, and customized fabrication setups. It delivers infrastructure for greenfield project developments as well as brownfield modernization initiatives across domestic and international markets. SpectraA's operational strategy rests on internal design capability, tailored equipment fabrication, and project management execution. The integrated facility setup enables the firm to meet complex customer specifications while adhering to industrial safety and performance standards. Supported by growing market demand for craft beverage production, ethanol blending facilities, and hygienic liquid handling systems, the company continues to broaden its production footprint and engineering competencies.
SpectraA Technology Solutions raised 12.09 crore rupees from anchor investors on September 16, 2026, allocating 10,24,800 equity shares at the upper price band of 118 rupees per share. Key institutional anchor participants included Fortune Hands Growth Fund, Khandelwal Finance, Aarth AIF Growth Fund, Arthasanchay Investment Trust, and Evergrow Capital Opportunities Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 22 September 2026, 3:15 PM
Integrated process engineering capabilities
Maintains end to end technical competencies spanning facility design, equipment fabrication, site installation, and system commissioning.
Established presence in beverage and brewery sectors
Holds a recognized position in engineering customized equipment and turnkey solutions for craft microbreweries and commercial distilleries.
Strategic dual manufacturing footprint
Operates production units in Bengaluru and Jaipur to optimize manufacturing efficiency and serve regional industrial clients.
Industry concentration risk
A major portion of revenues depends on capital expenditure cycles within the beverage, brewing, and distillery industries.
Raw material price fluctuations
Variations in prices of stainless steel and industrial alloys can compress operating margins if input costs rise rapidly.
Working capital requirements
Executing turnkey engineering projects requires significant working capital for component procurement and project delivery.
SpectraA Technology Solutions Limited
Maashitla Securities Private Limited
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