Spectrum Talent Management Limited IPO

Spectrum Talent Management Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹169–₹173 per share. The stock debuted at ₹155. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,38,400.

Spectrum Talent Management Limited IPO

NSE SME Listed
₹1,38,400 (800 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 9, 2023 – Jun 14, 2023
Price band
₹169-173 per equity share
Minimum Investment
₹1,38,400
Issue size
6,077,600 shares(aggregating up to ₹105.14 Cr)
Lot size
800
Allotment Date
Jun 19, 2023
Listing
Jun 22, 2023
Listing At
NSE SME

IPO timeline

  1. Jun 9, 2023

    Open Date

    Completed

  2. Jun 14, 2023

    Close Date

    Completed

  3. Jun 19, 2023

    Allotment Date

    Completed

  4. Jun 22, 2023

    Listing Date

    Completed

Spectrum Talent Management Limited IPO Essentials

Spectrum Talent Management Limited IPO Details

Spectrum Talent Management Limited IPO is priced at ₹169-173 per share with a total issue size of 6,077,600 shares(aggregating up to ₹105.14 Cr). The IPO has a lot size of 800 shares and is listed on NSE SME.

Issue price
₹169-173 per equity share
Lot size
800 shares
Face value
₹10 Per Equity Share
Issue size
6,077,600 shares(aggregating up to ₹105.14 Cr)
Listing at
NSE SME
List price
155.0
Listing date
Registrar
Skyline Financial Services Private Ltd
Lead manager
Sarthi Capital Advisors Private Limited

Spectrum Talent Management Limited IPO Details

  • Retail Portion N/A

Spectrum Talent Management Limited IPO Documents

Spectrum Talent Management Limited IPO Analytics

Spectrum Talent Management Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Spectrum Talent Management Limited IPO Subscription Status

Spectrum Talent Management Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS (Post IPO)
₹9.07/-

Returns

RoNW
54.89%

Data sourced from DRHP / RHP • For educational purposes only

Spectrum Talent Management Limited Financials( In Lakhs)

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

Spectrum Talent Management Limited Company & Offer Insights

About Spectrum Talent Management Limited

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 are the company's promoters of Spectrum Talent Management Limited.

Spectrum Talent Management Limited IPO Issue Objectives

Funding Working Capital Requirement
Acquisitions of Businesses in similar or complementary areas
General Corporate Purposes
Offer Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Spectrum Talent Management Limited IPO is a book-built IPO worth ₹6,077,600 shares(aggregating up to ₹105.14 Cr). The price band is ₹169–₹173 per share. The IPO opens on Jun 9, 2023 and closes on Jun 14, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.

The price band of Spectrum Talent Management Limited IPO is ₹169 to ₹173 per share.

The lot size of Spectrum Talent Management Limited IPO is 800 shares.

The minimum investment for Spectrum Talent Management Limited IPO is approximately ₹1,38,400 based on the upper price band .

Spectrum Talent Management Limited IPO opens on Jun 9, 2023 and closes on Jun 14, 2023.

The allotment date of Spectrum Talent Management Limited IPO is Jun 19, 2023.

Spectrum Talent Management Limited IPO is expected to be listed on Jun 22, 2023, on NSE SME Platform.

Spectrum Talent Management Limited IPO valuation snapshot: P/E N/A, EPS ₹9.07/-, P/B N/A, RoNW 54.89%, and market cap N/A.

To apply for Spectrum Talent Management Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Spectrum Talent Management Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Spectrum Talent Management Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Spectrum Talent Management Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Spectrum Talent Management Limited IPO allotment status on IPO Ji for quick and easy access.