Spectrum Talent Management Limited IPO

NSE SME

Listed On: Jun 22, 2023 at ₹ 155.0

₹ 138400 /800 Shares

Check Allotment

Spectrum Talent Management Limited IPO Details

09 Jun, 2023

Open Date

14 Jun, 2023

Close Date

19 Jun, 2023

Allotment Date

22 Jun, 2023

Listing Date

Issue Price

₹169-173 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

155.0

Listing Date

2023-06-22

Market Lot

800 Shares (₹138,400/-)

Lead Manager

Sarthi Capital Advisors Private Limited

Issue Size

6,077,600 shares(aggregating up to ₹105.14 Cr)

Retail Portion

N/A

Subscription

12.27 times

IPO Docs

DRHP RHP

Spectrum Talent Management Limited IPO Subscription 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

Earnings Per Share (EPS)

₹9.07/-

P/E Ratio

N/A

RoNW

54.89%

Net Asset Value (NAV) - Post Issue

₹59.83/-

Spectrum Talent Management Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.25%

Company Promoter(s)

Mr. Sidharth Agarwal
Mr. Vidur Gupta

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. The size of Spectrum Talent Management Limited IPO is 6,077,600 shares(aggregating up to ₹105.14 Cr).

Ans. The IPO price band is set between ₹169-173 per equity share.

Ans. To apply for Spectrum Talent Management Limited IPO 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 allotment status for Spectrum Talent Management Limited IPO here.