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IPO Spectrum Talent Management Ltd

  • Price Range

    ₹169 - ₹173

  • Min. Quantity

    800

  • Closes on

    14 June 2023

  • Min. investment

    ₹1,38,400/800 Shares

Spectrum Talent Management Ltd IPO Timeline

Spectrum Talent Management Limited was incorporated on May 09, 2012 as a Private Limited Company with the Registrar of Companies, Delhi in the name and style of Spectrum Talent Management Private Limited'. Subsequently, Company was converted into Public Limited Company pursuant to which the name of Company was changed to 'Spectrum Talent Management Limited' dated January 04, 2023.

EventDate
Spectrum Talent Management Ltd IPO Opening Date9 June 2023
Spectrum Talent Management Ltd IPO Closing Date 14 June 2023
Basis of Allotment19 June 2023
Initiation of Refunds20 June 2023
Credit of Shares to Demat21 June 2023
Spectrum Talent Management Ltd IPO Listing Date22 June 2023

Spectrum Talent Management Ltd IPO Details

Spectrum Talent Management Ltd IPO Date9 June 2023 to 14 June 2023
Spectrum Talent Management Ltd IPO Face Value10 per share
Spectrum Talent Management Ltd IPO Price169 to ₹173 per share
Spectrum Talent Management Ltd IPO Lot Size800
Issue SizeShares of ₹10 (aggregating up to ₹105.14 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹87.64 Cr)
Offer for SaleShares of ₹10 (aggregating up to ₹15.07 Cr)
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersSidharth Agarwal, Vidur Gupta

Spectrum Talent Management Ltd IPO Lot Size

The Spectrum Talent Management Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,38,400).

Application LotsSharesAmount
Minimum1800₹1,38,400
Maximum1800₹1,38,400
  • Risks
  • Opportunities
    -

Company Financials

Spectrum Talent Management Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2024196.761,001.5811.01
03-202392.6753.6227.02
03-202263.39476.5615.14
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding Working Capital Requirement
  • Acquisitions of Business in similar or complementar areas
  • General Corporate Purposes

Spectrum Talent Management Ltd IPO Promoter Holding

Pre Issue Share Holding47.5%
Post Issue Share Holding34.9%

Spectrum Talent Management Ltd IPO Subscription Status (Bidding Detail)

The Spectrum Talent Management Ltd IPO is subscribed 11.7099 times on 14 June 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----11.7099

Spectrum Talent Management Ltd IPO Prospectus

Spectrum Talent Management Ltd IPO Listing Date

Listing Date22 June 2023
BSE Script 78655
NSE SymbolSPECTSTM
Listing In NSE - SME
ISININE0OL001018
IPO Price173
Face Value10

Company Contact Information

Spectrum Talent Management Ltd
B-46 Retreat Apartments 20I P Extension,Delhi-110092
Phone: 91-120-4258857 / 91-96503 30031
Email: cs@stmpl.co.in
Website: www.stmpl.co.in

Spectrum Talent Management Ltd IPO Registrar

Phone:+91 11 4045 0193
Email: ipo@skylinerta.com
Website: www.skylinerta.com

Spectrum Talent Management Ltd IPO Lead Manager(s)

  1. Sarthi Capital Advisors Pvt Ltd

FAQ

What is the issue size of Spectrum Talent Management Ltd IPO?

Spectrum Talent Management Ltd IPO, which opens for subscription from to 14 June 2023 has an issue size of ₹105.14 crore. The issue type is book building issue.

I have pre-applied for Spectrum Talent Management Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Spectrum Talent Management Ltd IPO?

Spectrum Talent Management Ltd IPO Opens for subscription from 9 June 2023 to 14 June 2023

What is the lot size and minimum order quantity of the Spectrum Talent Management Ltd IPO?

The lot size of Spectrum Talent Management Ltd is 800 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,38,400 and ₹1,38,400 respectively.

What are the allotment dates for the Spectrum Talent Management Ltd IPO?

Allotment date for Spectrum Talent Management Ltd is 19 June 2023 and refund of application amount (in case allotment is not received) will begin from 20 June 2023. If your allotment goes through, then shares will be credited in your Demat account by 21 June 2023.

Who is the registrar of Spectrum Talent Management Ltd IPO?

The registrar for Spectrum Talent Management Ltd IPO is Skyline Financial Services Pvt. You can check your IPO allotment status on the registrar's website.

Where is the Spectrum Talent Management Ltd IPO getting listed?

The shares of Spectrum Talent Management Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)