Spectrum Talent Management is a leading manpower solutions provider, providing a wide range of services like recruitment, payroll, onboarding, and flexible staffing to firms globally with over 14 years of industry experience, 19000+ associates, and offices across multiple locations.
Spectrum helps businesses of all sizes find the proper talent to drive growth and success. With a team of experienced professionals and a focus on delivering innovative solutions
Spectrum Talent Management IPO Details:
Spectrum Talent Management’s IPO date has been confirmed; the IPO will open on 9th June and close on 14th June 2023.
Spectrum Talent Management is an NSE SME IPO to raise Rs 105.14 crore through this IPO. Spectrum Talent Management IPO price band has been kept at Rs169 to Rs173 with a market lot of 800 shares.
Spectrum Talent Management IPO Review
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| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 0 | 0 | 0 |
| Members | 2 | 1 | 0 |
Spectrum Talent Management Limited IPO Details:
check out the Spectrum Talent Management Limited IPO Details in the below table.
| IPO Date | Jun 9, 2023 to Jun 14, 2023 |
| Listing Date | Shareholding post issue |
| Face Value | ₹10 per share |
| Price | ₹169 to ₹173 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,077,600 shares (aggregating up to ₹105.14 Cr) |
| Fresh Issue | 5,185,600 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | 892,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding post issue | 5,185,699 |
| Market Maker portion | 304,000 shares |
Spectrum Talent Management IPO Date & Price Band Details
| IPO Open: | June 9, 2023 |
| IPO Close: | June 14, 2023 |
| IPO Size: | Approx ₹₹105.14 Crores, 60,77,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹169 to ₹173 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Spectrum Talent Management IPO Lot Size
The lot size of Spectrum Talent Management IPO is 800 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹138,400 |
| Retail (Max) | 1 | 800 | ₹138,400 |
| HNI (Min) | 2 | 1,600 | ₹276,800 |
Spectrum Talent Management IPO Date
Spectrum Talent Management Limited IPO opens on Jun 9, 2023, and closes on Jun 14, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Friday, 9 June 2023 |
| Closing Date | Wednesday, 14 June 2023 |
| Basis of Allotment | Monday, 19 June 2023 |
| Initiation of Refunds | Tuesday, 20 June 2023 |
| Credit of Shares to Demat | Wednesday, 21 June 2023 |
| Listing Date | Thursday, 22 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 14, 2023 |
Spectrum Talent Management IPO Promoter Holding
Mr. Sidharth Agarwal and Mr. Vidur Gupta are the Promoters of spectrum talent management company.
- Pre-Issue Share Holding – 100.00%
- Post Issue Share Holding- 72.25%
Spectrum Talent Management Company Financial Report
Check out the
| Year | Revenue | Expense | PAT |
| 2020 | ₹324 | ₹315 | ₹6.76 |
| 2021 | ₹303 | ₹298 | ₹4.76 |
| 2022 | ₹484 | ₹468 | ₹15.53 |
| 2023 9M | ₹584 | ₹564 | ₹19.97 |
Spectrum Talent Management IPO Valuation – FY2022
| Earning Per Share (EPS): | ₹9.07 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 54.89% |
| Net Asset Value (NAV): | ₹16.52 per Equity Share |
You can check the IPO subscription status and IPO allotment status on their individual pages.
Peer Group
- Quess Corp Limited
- TeamLease Services Limited
Company Promoters
- Mr. Sidharth Agarwal
- Mr. Vidur Gupta
Spectrum Talent Management IPO Form
You can download the from the NSE website. you need to go to the official site select the Spectrum Talent Management forms, and click on the NSE IPO Forms download option. once the form is downloaded, please fill out the proper information and submit it to your bank or your brokers.
how to apply for the Spectrum Talent Management IPO through Zerodha:
Follow the steps below to apply for Spectrum Talent Management IPO via Zerodha:
- Log in to your Zerodha account.
- Click on “Portfolio” then click on “IPOs”.
- Scroll down and find the Spectrum Talent Management IPO.
- Click on “Bid”.
- Enter the amount shares you want to buy and the price you are accommodating to pay.
- Click on “Submit”.
- You will be prompted to approve the mandate using your UPI ID.
- Once the order is approved, your application will be submitted.
Company Contact Information
Spectrum Talent Management Limited
B- 46, Retreat Apartments,
20, I.P Extension,
Delhi-110092
Phone: 0120-4258857
Email: cs@stmpl.co.in
Website: http://www.stmpl.co.in/
Spectrum Talent Management IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/
FAQs of Spectrum Talent Management IPO
What is Spectrum Talent Management IPO Size?
The IPO size for Spectrum Talent Management is ₹105.14 crores.
What is Spectrum Talent Management IPO Price Band?
The IPO Price Band of Spectrum Talent Management is ₹169 to ₹173 per equity share.
What is Spectrum Talent Management IPO Allotment Date?
The IPO allotment of Spectrum Talent Management date is June 19, 2023.
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