Spectrum Talent Management Limited IPO
NSE SMEListed On: Jun 22, 2023 at ₹ 155.0
₹ 276800 /1600 Shares
*Min Investment
09 Jun, 2023
Open Date14 Jun, 2023
Close Date19 Jun, 2023
Allotment Date22 Jun, 2023
Listing DateSpectrum Talent Management Limited IPO Issue Details
- Issue Price ₹169-173 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,077,600 shares(aggregating up to ₹105.14 Cr)
- Listing at NSE SME
- List Price 155.0
- Listing Date 2023-06-22
- Lead Manager Sarthi Capital Advisors Private Limited
- Registrar Skyline Financial Services Private Ltd
Spectrum Talent Management Limited IPO Details
- Retail Portion N/A
Spectrum Talent Management Limited IPO Details
Spectrum Talent Management Limited IPO is an SME IPO, priced at ₹169-173 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jun 9, 2023 to Jun 14, 2023. The allotment is expected to be finalized on Jun 19, 2023, and the tentative listing date is Jun 22, 2023.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Spectrum Talent Management Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 576,000 / 2,598,400 | 2,599,200 | 6,077,600 |
Day 1 09-06-23 06:00 PM | 1.66 / 0.31 x | 0.59 x | 0.54 x |
Day 2 12-06-23 06:00 PM | 2.67 / 0.55 x | 1.78 x | 1.31 x |
Day 3 13-06-23 06:00 PM | 3.17 / 1.14 x | 3.33 x | 2.33 x |
Day 4 14-06-23 06:00 PM | 11.21 / 11.68 x | 13.10 x | 12.27 x |
Spectrum Talent Management Limited Valuations
Spectrum Talent Management Limited Company Financials
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 8,657.66 | 6,479.29 | 4,630.20 | 4,081.10 |
| Revenue | 58,415.74 | 48,372.17 | 30,296.00 | 32,362.37 |
| Profit After Tax | 1,997.46 | 1,552.71 | 476.41 | 675.96 |
About Spectrum Talent Management Limited Company
Spectrum Talent Management Limited is engaged in human resource and staffing services. They are Headquartered in Delhi.
As of 2023, the company has served more than 275 clients in domestic as well as offshore markets. The Human Resource database is the key asset for the industry, as on December 31, 2022, the entity has 15,606 personnel deployed at various locations for its clients.
The company is promoted by Mr. Vidur Gupta and Mr. Sidharth Agrwal. They hold a combined experience of 28 years in the staffing industry.
Spectrum Talent Management offers a wide array of services such as Payroll, Recruitment, Onboarding, and flexible staffing. Their comprehensive network, structured processes, professionalism, and strong work ethics is the key to staying on top intact on the global scale. The company strives at satisfying companies' staffing, and recruitment needs globally applying their specialized rich knowledge.
Spectrum Talent Management Limited - Promoter(s)
Mr. Sidharth Agarwal
Mr. Vidur Gupta
Pre Issue Share Holding : 100%
Post Issue Share Holding : 72.25%
Spectrum Talent Management Limited IPO - Issue Objectives
Funding Working Capital Requirement
Acquisitions of Businesses in similar or complementary areas
General Corporate Purposes
Offer Expenses
Spectrum Talent Management Limited IPO - FAQs
Ans. Spectrum Talent Management Limited IPO is a SME IPO. The issue is priced at ₹169-173 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jun 9, 2023, and closes on Jun 14, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Spectrum Talent Management Limited IPO opens on Jun 9, 2023 and closes on Jun 14, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Spectrum Talent Management Limited IPO is 6,077,600 shares(aggregating up to ₹105.14 Cr).
Ans. The Spectrum Talent Management Limited IPO price band is set between ₹169-173 per equity share.
Ans. To apply for Spectrum Talent Management Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Spectrum Talent Management Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Spectrum Talent Management Limited IPO is Jun 19, 2023.
Ans. The Spectrum Talent Management Limited IPO will be listed on Jun 22, 2023.
Ans. Follow the steps to check the Spectrum Talent Management Limited IPO allotment status online.
