Mumbai, Sept. 24 -- The stock was listed at Rs 224.20, a 90% premium to the initial public offering (IPO) price. The scrip was frozen at its upper circuit of 5% from its listing price.

The stock hit a high of Rs 235.40 and a low of Rs 224.20. About 16.19 lakh shares changed hands on the NSE.

SpectraA Technology Solutions' IPO was subscribed 282.62 times during the subscription period from 17 September 2026 to 21 September 2026. The price band was set at Rs 112 to Rs 118 per share.

The IPO comprised a fresh issue of 22.30 lakh equity shares and an offer for sale (OFS) of 3.48 lakh shares.

The company plans to use the IPO proceeds for capital expenditure at its Jaipur manufacturing facility, repayment of term loans, working capital requ...