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 – Details
| IPO Opening Date | 09 June 2023 |
| IPO Closing Date | 14 June 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 60,77,600 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 Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Spectrum Talent Management IPO – Date Schedule
| IPO Open Date | 09 June 2023 |
| IPO Close Date | 14 June 2023 |
| Basis of Allotment | 19 June 2023 |
| Initiation of Refund | 20 June 2023 |
| Credit of Shares to Demat Account | 21 June 2023 |
| IPO Listing Date | 22 June 2023 |
Spectrum Talent Management IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 800 | 1,38,400 |
| Retail (Maximum) | 1 | 800 | 1,38,400 |
| HNI (Minimum) | 2 | 1600 | 2,76,800 |
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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 323.62 | 315.27 | 6.75 |
| 31 March 2021 | 302.96 | 298.41 | 4.76 |
| 31 March 2022 | 483.72 | 468.29 | 15.52 |
| 31 December 2022 | 584.15 | 564.00 | 19.97 |
Spectrum Talent Management IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.25% |
Spectrum Talent Management IPO Prospectus
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/ |
Spectrum Talent Management IPO Lead Manager(s)
| 1. Sarthi Capital Advisors Private Limited |
Spectrum Talent Management IPO FAQs
| 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. |
