Spectrum Talent Management IPO Details ( Spectrum Talent Management Limited IPO Review )
(09 June 2023 – 14 June 2023)
Spectrum Talent Management Limited, established in 2012, specializes in providing human resource and staffing solutions. The company’s headquarters are located in Delhi.
As of 2023, Spectrum Talent Management Limited has successfully served over 275 clients in both domestic and offshore markets. The company’s Human Resource database stands as a valuable asset for the industry, with a total of 15,606 personnel deployed at various locations for clients as of December 31, 2022.
Mr. Vidur Gupta and Mr. Sidharth Agrwal are the driving forces behind Spectrum Talent Management Limited. With a combined experience of 28 years in the staffing industry, they have played pivotal roles in promoting and growing the company.
Spectrum Talent Management excels in providing a diverse range of services including Payroll, Recruitment, Onboarding, and flexible staffing. Their success is attributed to a well-established network, structured processes, professionalism, and a strong work ethic, which enable them to maintain a prominent position on the global stage. With a focus on meeting the staffing and recruitment requirements of companies worldwide, the company leverages its specialized expertise to ensure client satisfaction.
Spectrum Talent Management Limited Company Product
- General Staffing
- RPO (Recruitment Process Outsourcing- Permanent Recruitment)
- Global HR Services
Spectrum Talent IPO Competitive Strength
- Tech Driven organization with an in House Technology for servicing deputed staff/employees
- Young organization
- Zero Debt/Little Leverage
- Flat hierarchy structure giving excellent decision making flexibility
- Volume business of General Staffing to help with overall efficiencies and stable growth
- High Margin service lines of RPO
- Export of services leveraging India based manpower for diversification in reach
- Long Term business of IT Staffing
Spectrum Talent Management IPO Financials Performance ( Results )
Spectrum Talent Management Limited Financial Information ( Restated Consolidated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 4,081.10 | 32,362.37 | 675.96 | 14.23 | 1,500.36 | 31.59 | 1,025.36 | 422.19 |
| 31-Mar-21 | 4,630.20 | 30,296.00 | 476.41 | 10.03 | 1,976.30 | 41.61 | 1,026.30 | 60.72 |
| 31-Mar-22 | 6,479.29 | 48,372.17 | 1,552.71 | 9.07 | 2,827.37 | 16.52 | 1,972.37 | 1,026.88 |
| 31-Dec-22 | 8,657.66 | 58,415.74 | 1,997.46 | 11.15 | 4,844.57 | 27.05 | 3,053.82 | 255.09 |
Objective of IPO Issue
- Funding Working Capital Requirement
- Acquisitions of Businesses in similar or complementary areas
- General Corporate Purposes
- Offer Expenses
Spectrum Talent Management IPO Basic Details
| IPO Date | June 9, 2023 to June 14, 2023 |
| Listing Date | Thursday, June 22, 2023 |
| Face Value | ₹10 per share |
| Price | ₹169 to ₹173 per share |
| Lot Size | 800 Shares |
| Issue Size | 6,077,600 shares (aggregating up to ₹105.14 Cr) |
| Fresh Issue | 5,185,600 shares of ₹10 (aggregating up to ₹89.71 Cr) |
| Offer for Sale | 892,000 shares of ₹10 (aggregating up to ₹15.43 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding post issue | 5,185,699 |
| Company Promoters | Mr. Vidur Gupta and Mr. Sidharth Agrwal |
Spectrum Talent Management IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 304,000 (5.00%) |
| QIB Shares Offered | 576,000 (9.48%) |
| NII (HNI) Shares Offered | 2,598,400 (42.75%) |
| Retail Shares Offered | 2,599,200 (42.77%) |
| Total Shares Offered | 6,077,600 (100%) |
Spectrum Talent Management IPO Timetable
Spectrum Talent Management IPO will open on June 09, 2023 and close on June 14, 2023. You can join Spectrum Talent Management IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 9 June 2023 (Friday) |
| Closing Date | 14 June 2023 (Wednesday) |
| Basis of Allotment | 19 June 2023 (Monday) |
| Initiation of Refunds | 20 June 2023 (Tuesday) |
| Credit of Shares to Demat | 21 June 2023 (Wednesday) |
| Listing Date | 22 June 2023 (Thursday) |
| Deadline for Confirming UPI mandate | 5 PM on 14 June 2023 |
Spectrum IPO Lot Size
For retail investors in Spectrum Talent Management IPO, 800 shares will come in 1 lot or the minimum investment will be ₹138,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹138,400.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹138,400 |
| Retail (Max) | 1 | 800 | ₹138,400 |
| S-HNI (Min) | 2 | 1600 | ₹276,800 |
Spectrum Talent Management IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.25% |
Spectrum Talent Management IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹9.07 per Equity Share |
| Price/Earning P/E Ratio | 15 |
| Return on Net Worth (RoNW) | 54.89% |
| Net Asset Value (NAV) | ₹16.52 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Spectrum Talent Management Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 309.79 |
| P/E (x) | 15 |
| ROE (%) | 45 |
| ROCE (%) | 47 |
| Debt/Equity | Coming Soon |
Spectrum Talent Management Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | NAV (₹) | P/BV Ratio |
| Spectrum Talent Management Limited | Consolidated | – | 10.00 | 9.07 | 15 | 16.52 | – |
| Peer Group | |||||||
| Quess Corp Limited | Consolidated | 355.85 | 10.00 | 16.32 | 21.80 | 95.0 | 2.48 |
| TeamLease Services Limited | Consolidated | 2216.00 | 10.00 | 22.48 | 98.58 | 223 | 4.70 |
Spectrum Talent Management IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 19 June 2023 | ₹13 | – | – |
| 18 June 2023 | ₹15 | – | – |
| 17 June 2023 | ₹15 | – | – |
| 16 June 2023 | ₹19 | – | – |
| 15 June 2023 | ₹20 | – | – |
| 14 June 2023 | ₹21 | – | – |
| 13 June 2023 | ₹20 | – | – |
| 12 June 2023 | ₹20 | – | – |
| 11 June 2023 | ₹22 | – | – |
| 10 June 2023 | ₹25 | – | – |
| 9 June 2023 | ₹28 | – | – |
| 8 June 2023 | ₹32 | – | – |
Spectrum Talent Management IPO Detail Video:
Spectrum Talent Management IPO Subscription Status (Bidding Detail)
The Spectrum Talent Management IPO on June 14, 2023 at 7:30:00 PM was subscribed 12.27 times, with the retail category being subscribed 13.10 times, the NII (Non-Institutional Investor) category being subscribed 11.68 times and the QIB (Qualified-Institutional Buyers) category being subscribed 11.21 times.
| Category | Subscription |
| QIB | 11.21x |
| NII | 11.68x |
| Retail | 13.10x |
| Total | 12.27x |
Spectrum Talent Management IPO Prospectus
Spectrum Talent Management IPO Rating
| Our Rating | 2.0/5.0 |
Spectrum Talent Management Company Contact Information
Spectrum Talent Management Limited
Registered Office: B-46, Retreat Apartments, 20 I.P Extension, Delhi-110092
Corporate Office: Block C, Plot no. C-142, Sector- 63, Noida,
Gautam Buddha Nagar- 201301, Uttar Pradesh
Tel. No: 0120-4258857/ +91 96503 30031
E-mail: cs@stmpl.co.in
Website: www.stmpl.co.in
Contact Person: Mr. Ajit Singh
The Promoters Of Our Company Is Mr. Sidharth Agarwal And Mr. Vidur Gupta
Spectrum Talent Management IPO Registrar
Skyline Financial Services Private Limited
CIN: U74899DL1995PTC071324
Registered Office: D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Tel. No.: +91 11 4045 0193
Email: ipo@skylinerta.com
Investor Grievance E-Mail: grievances@skylinerta.com
Contact Person: Ms. Rati Gupta
Website: www.skylinerta.com
SEBI Registration No.: INR000003241
Spectrum Talent Management IPO Lead Manager
Beeline Capital Advisors Private Limited
CIN: U67190GJ2020PTC114322
Registered Office: 807, Phoenix, Opp. Girish Cold Drinks, Near Vijay Cross
Roads, Navrangpura, Ahmedabad – 380 009, Gujarat.
Tel No.: +91 79 4840 7357
Email Id: mb@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
SEBI Registration No.: INM000012917
Sarthi Capital Advisors Private Limited
CIN: U65190DL2012PTC238100
Registered Office: 401, 4th Floor, Manek Plaza, 167, Vidyanagari Marg,
Kalina, Santacruz (E), Mumbai – 400 098
Tel No.: +91 22 2652 8671/ 72
Email Id: compliance@sarthiwm.in
Website: www.sarthiwm.in
Contact Person: Mr. Deepak Sharma
SEBI Registration No.: INM000012011
Spectrum Talent Management IPO FAQs
What is the lot size of Spectrum Talent Management IPO?
The total size of Spectrum Talent Management IPO is ₹105.14 crores out of which ₹89.71 crores is fresh issue and ₹15.43 crores is offer for sale (OFS).
When will Spectrum Talent Management IPO start?
Spectrum Talent Management IPO will Open from 09 June 2023 and IPO will Close on 14 June 2023.
What is the open date of Spectrum Talent Management IPO?
Spectrum Talent Management IPO will open date from 9 June 2023.
What is the last date ( close date ) of Spectrum Talent Management IPO?
Spectrum Talent Management IPO will close from 14 June 2023.
What is the price band of Spectrum Talent Management IPO?
Spectrum Talent Management IPO price band is ₹169 to ₹173. ( Upper Price Band: ₹173, Lower Price Band: ₹169 )
What is the minimum amount required to apply for Spectrum Talent Management IPO?
The minimum investment for retailers to apply for Spectrum Talent Management IPO is ₹138,400 and the maximum investment is ₹138,400.
What is going on gray market premium of Spectrum Talent Management IPO?
View gray market premium of Spectrum Talent Management IPO by Clicking Here
How much is the GMP of Spectrum Talent Management IPO?
Watch Spectrum Talent Management IPO GMP Today: Click Here
What is the allotment date of Spectrum Talent Management IPO?
The Allotment Date of Spectrum Talent Management IPO is 19 June 2023.
How to check allotment status in Spectrum Talent Management IPO?
To check the allotment status of Spectrum Talent Management IPO, first of all go to the registrar website by clicking here, select your bad Spectrum Talent Management IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Spectrum Talent Management IPO?
The Listing Date of Spectrum Talent Management IPO is 22 June 2023.
How much will be the listing gain in Spectrum Talent Management IPO?
View listing gain of Spectrum Talent Management IPO by Clicking Here
How much time Spectrum Talent Management IPO is subscribed?
Total 12.27 times subscribed in Spectrum Talent Management IPO out of which 13.10 times subscription was done in retail quota, 11.68 times subscription in NII quota and 11.21 times subscription in QIB quota.
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