Spectrum Talent Management’s initial public offering (IPO) date has been scheduled for June 9, 2023. Spectrum Talent Management is an NSE SME IPO that will raise 105.14 crores through the IPO. With a market lot of 800 shares, the Spectrum Talent Management IPO price band is set at 169 to 173.
Spectrum Talent Management Limited specialised in human resources, staffing, and workforce solutions. They provide a wide range of services to businesses worldwide, including recruitment, payroll, onboarding, and flexible staffing. They have experience in over 13 different industries. They have specialised knowledge that provides qualified staff solutions to organisations all around the world. They served over 275 customers in both domestic and foreign markets. They deployed about 19000 troops and have a presence in four or more nations.
Purpose of the Issue:
- Funding Working Capital Requirement;
- Acquisitions of Businesses in similar or complementary areas
- General Corporate Purposes
- Offer Expenses
Spectrum Talent Management IPO Review
- May Apply
Spectrum Talent Management IPO GMP, 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 Market Lot
The Spectrum Talent Management IPO minimum market lot is 800 shares with a ₹[.] application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹138,400 |
| Retail Maximum | 1 | 800 | ₹138,400 |
| S-HNI Minimum | 2 | 1600 | ₹276,800 |
Spectrum Talent Management IPO Dates
The Spectrum Talent Management IPO date is June 9 and the IPO close date is June 14. The IPO allotment date is June 19 and the IPO might list on June 22.
| IPO Open Date: | June 9, 2023 |
| IPO Close Date: | June 14, 2023 |
| Basis of Allotment: | June 19, 2023 |
| Refunds: | June 20, 2023 |
| Credit to Demat Account: | June 21, 2023 |
| IPO Listing Date: | June 22, 2023 |
Spectrum Talent Management IPO Form
How to apply Spectrum Talent Management IPO? You can apply Spectrum Talent Management IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Spectrum Talent Management IPO in the Invest section. The other option you can apply Spectrum Talent Management IPO via IPO forms download via the NSE website. Check out the Spectrum Talent Management forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Spectrum Talent Management Company Financial Report
| ₹ in Crores | |||
| 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
Check Spectrum Talent Management IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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 |
Peer Group
- Quess Corp Limited
- TeamLease Services Limited
Company Promoters
- Mr. Sidharth Agarwal
- Mr. Vidur Gupta
Spectrum Talent Management IPO Registrar
Skyline Financial Services Private Ltd
Phone: 022 2851 1022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com
Company Address
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 Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
- Sarthi Capital Advisors Private Limited
Spectrum Talent Management IPO FAQs
Q1. What is Spectrum Talent Management IPO?
Ans. Spectrum Talent Management IPO is an NSE SME IPO. They are going to raise ₹₹105.14 Crores via IPO. The issue is priced at ₹169 to ₹173 per equity share. The IPO is to be listed on NSE.
Q2. When Spectrum Talent Management IPO will open?
Ans. The IPO is to open on 2023 for QIB, NII, and Retail Investors.
Q3. What is Spectrum Talent Management IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Spectrum Talent Management IPO?
Ans. 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.
Q5. How to Apply the Spectrum Talent Management IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Spectrum Talent Management”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Spectrum Talent Management IPO through Upstox?
Ans. Log in to Upstox 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 Upstox.
Q7. How to Apply the Spectrum Talent Management IPO through Paytm Money?
Ans. Log in to Paytm Money 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 Paytm Money.
Q8. What is Spectrum Talent Management IPO Size?
Ans. Spectrum Talent Management IPO size is ₹₹105.14 crores.
Q9. What is Spectrum Talent Management IPO Price Band?
Ans. Spectrum Talent Management IPO Price Band is ₹169 to ₹173 per equity share.
Q10. What is Spectrum Talent Management IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 800 shares with ₹138,400.
Q11. What is Spectrum Talent Management IPO Allotment Date?
Ans. Spectrum Talent Management IPO allotment date is June 19, 2023.
Q12. What is Spectrum Talent Management IPO Listing Date?
Ans. Spectrum Talent Management IPO listing date is June 22, 2023. The IPO to list on NSE SME.
