SpectraA Technology Solutions Ltd.
PROSPECTUS · filed 17 Sept 2026
SpectraA Technology Solutions Ltd. is a company that provides technology solutions, with a significant portion of its revenue (65.60% in Fiscal 2026) derived from a limited number of customers, creating high customer concentration risk. The company's financial trajectory is subject to material risks, including high supplier concentration (43.35% of purchases in Fiscal 2026), working capital management challenges, and exposure to commodity price volatility and project completion delays. The business is also vulnerable to supply chain disruptions due to a lack of long-term agreements and the risk of clients delaying payments, which could adversely affect its cash flow and liquidity.
Partial analysis — some sections could not be read from the document (found: capitalisation, cover, litigation, objects, price_basis, promoters, related_party, risks).
What stands out
Risk factor. A significant portion of revenue (65.60% in Fiscal 2026) is derived from a limited number of customers, and the loss of any of these key customers could materially and adversely impact the business.
Risk factor. The cost of raw materials sourced from top 10 suppliers accounted for 43.35% of total purchases in Fiscal 2026, creating dependence on a limited number of suppliers.
Risk factor. Trade receivables form a substantial part of current assets, and failure to manage them could adversely affect net sales, profitability, cash flow, and liquidity.
How the offer is structured
- Capital Expenditure at Jaipur manufacturing facility₹11.0 Cr
- Repayment of Term Loans availed by our Company₹6.5 Cr
- Working Capital requirements₹9.5 Cr
- General Corporate Purposes
- Offer Expenses
Promoters, litigation & related parties
Promoter (pre)
96.0%
Risks the company discloses
A significant portion of revenue (65.60% in Fiscal 2026) is derived from a limited number of customers, and the loss of any of these key customers could materially and adversely impact the business.(Customer Concentration)
The cost of raw materials sourced from top 10 suppliers accounted for 43.35% of total purchases in Fiscal 2026, creating dependence on a limited number of suppliers.(Supplier Concentration)
Trade receivables form a substantial part of current assets, and failure to manage them could adversely affect net sales, profitability, cash flow, and liquidity.(Working Capital Management)
Approximately 10% of receivables are to be received after installation, commissioning, and customer technical approval, with realization contingent on project completion.(Project Completion Risk)
The business is exposed to the risk of delays or non-payment by clients and counterparties, which may result in cash flow mismatches.(Credit Risk)
The company does not have long-term supply agreements with suppliers and procures materials through purchase orders, exposing it to risks of supply disruption, discontinuation, or adverse changes in commercial terms.(Supply Chain Risk)
The prices of raw materials are subject to fluctuations due to global and domestic commodity cycles, demand-supply imbalances, currency fluctuations, and government policies.(Commodity Price Volatility)
Any inability to pass on cost increases to customers, or a delay in doing so, could adversely affect profitability.(Cost Pass-through Risk)
No dimension score is published for this filing. Too few sections could be read from the document to score it without guessing, and a score built on two fields would say more about our extraction than about the company.