SpectraA Technology Solutions Share Price

SpectraA Technology Solutions Limited, was incorporated as a Private Company on January 20, 2009 in Bengaluru and converted to a Public Limited Company on February 01, 2021. The Company provide engineering, designing, fabrication, installation, commissioning and decommissioning greenfield and brownfield projects across various industries which include, Breweries, Distilleries, Food and Beverages, Malt Spirit and Blending, Solvent Extraction Plants, FMCG and Pharmaceuticals. It also provide operator training and operations and maintenance (O&M) support. The Company works two manufacturing facilities located at Bengaluru and Jaipur with an aggregate built up area of 33,214.75 square feet. It has installed rooftop solar capacity of 100 kWp at the Malur Plant (30 kw), Jaipur Plant (50 kw) to help reduce the power cost. The Company established its first factory at Bengaluru in 2018 and further commissioned the Jaipur factory in FY23. The commissioning of the Jaipur facility in 2023 has shortened lead times, reduced freight and site mobilisation time, and in turn improved after-sales response for customers. Over the past years, Company has completed Cold Section along with 2500 HL x 4 Nos Tank Insulation and cladding work at MSIL Behror Unit for a company in Industrial/Manufacturing (nonalcohol) industry located at Alwar, Supply of Industrial Plant Machinery for Brewery Plant consisting of the below materials for a company in Brewery industry located at Kathmandu; Designing, engineering, manufacturing, supply, supervision of erection and commissioning of rice kettle with accessories and automation for a company in Brewery industry located at Gurdaspur and many more. Company has filed the Draft Prospectus with SEBI& is planning to issue 34,76,000 Equity Shares of Rs 10 each, which consist a Fresh Issue of 27,84,000 Equity Shares and the Offer for Sale of 6,92,000 Equity Shares.