Spectrum Talent Management Limited IPO (Spectrum Talent Management IPO)

Spectrum Talent Management Limited IPO
Upcoming Spectrum Talent Management IPO | New Spectrum Talent Management IPO

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 Agarwal. 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 IPO

Spectrum Talent Management IPO – Details

IPO Opening Date09 June 2023
IPO Closing Date14 June 2023
Issue TypeBook Built Issue IPO
Issue Size60,77,600 Shares Worth ₹105.14 Crore
Fresh Issue: 5,185,600 Shares Worth ₹[] Crore
Offer For Sale: 8,92,000 Shares Worth ₹[] Crore
Face Value₹10 per equity share
IPO Price₹169 – ₹173
Market Lot800 Shares
Min Order800 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Spectrum Talent Management IPO – Date Schedule

IPO Open Date09 June 2023
IPO Close Date14 June 2023
Basis of Allotment19 June 2023
Initiation of Refund20 June 2023
Credit of Shares to Demat Account21 June 2023
IPO Listing Date22 June 2023

Spectrum Talent Management IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)18001,38,400
Retail (Maximum)18001,38,400
HNI (Minimum)216002,76,800

Competitive Strengths

  • The company has diversified business across multiple end user industries and clients;
  • Established and proven track record;
  • Leveraging the experience of company’s Promoter;
  • Experienced management team and a motivated Employees;
  • Cordial relations with their client.

Company Promoters

  • Mr. Sidharth Agarwal
  • Mr. Vidur Gupta

Object Of The Issue

  • Funding Working Capital Requirement.
  • Acquisitions of Businesses in similar or complementary space.
  • General corporate purpose.
  • Offer Expenses.
Spectrum Talent Management IPO
Object Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 2020323.62315.276.75
31 March 2021302.96298.414.76
31 March 2022483.72468.2915.52
31 December 2022584.15564.0019.97
Amount in ₹ Crore

Spectrum Talent Management IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding72.25%

Spectrum Talent Management IPO Prospectus

Company Contact Information

Spectrum Talent Management Limited

B- 46, Retreat Apartments,
20, I.P Extension,

Phone: 0120-4258857
Email: cs@stmpl.co.in

Spectrum Talent Management IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com

Spectrum Talent Management IPO Lead Manager(s)

1. Sarthi Capital Advisors Private Limited

Spectrum Talent Management IPO FAQs

Spectrum Talent Management IPO 2023
What is Spectrum Talent Management IPO?

Spectrum Talent Management IPO is a SME IPO. The issue is priced at ₹173 per equity share. The IPO is to be listed on NSE SME.
When Spectrum Talent Management IPO will open?

The IPO is to open on  09 June 2023 for QIB, NII and Retail Investors.
How to Spectrum Talent Management IPO?

You can apply Spectrum Talent Management IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Spectrum Talent Management IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Spectrum Talent Management”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Spectrum Talent Management IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Spectrum Talent Management”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Spectrum Talent Management IPO Size?

Spectrum Talent Management IPO size is ₹105.14 crores.
What is Spectrum Talent Management IPO Price Band?

Spectrum Talent Management IPO Price Band is ₹173.
What is Spectrum Talent Management IPO Minimum and Maximum Lot Size?

The minimum bid is 800 Shares with ₹1,38,400 amount while the maximum bid is 800 shares with ₹1,38,400.
What is the Spectrum Talent Management IPO Allotment Date?

Spectrum Talent Management IPO allotment date is  19 June 2023.
What is the Spectrum Talent Management IPO Listing Date?

Spectrum Talent Management IPO listing date is  22 June 2023. The IPO is to list on NSE SME.
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