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SME IPO Status: Listed [9th Jun 2023 to 14th Jun 2023]
Spectrum Talent Management Limited offers a SME IPO issue size of 6,648,800 equity shares comprise both Fresh Issue and Offer for sale. And the Subscription for this SME IPO is opening from 09 Jun 2023 to 14 Jun 2023.The face value of the equity share is Rs 10 per share and the issue price band ranges from Rs 169 to Rs 173 per share along with the lot size of 800 shares and its multiples.
Stay tuned with us to know more about Spectrum Talent Management Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.
| SME IPO Issue Opening Date: | 9th Jun 2023 |
| SME IPO Issue Closing Date: | 14th Jun 2023 |
| SME IPO Issue Price: | ₹169-173 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35% of the Net Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹105.14 Cr |
| Offer for Sale: | ₹15.43 Cr |
| Fresh Issue: | ₹89.71 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 100.00% |
| Promoter Holding Post IPO: | 72.25% |
| Allotment Status: | Allotment Status |
| NSE Code: | SPECTSTM |
Get important updates regarding Spectrum Talent Management SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 19th Jun 2023 |
| Refunds Initiation* | 20th Jun 2023 |
| Credit of Shares to Demat* | 21st Jun 2023 |
| SME IPO Listing Date* | 22nd Jun 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹169-173 |
| Market Lot: | 800 Shares |
| 1 Lot Amount: | ₹138400 |
| Min HNI Lots: | 1600 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 22-06-2023 | 173 | -12 | 12000 | ₹161 (-6.94%) | 22-Jun-2023 10:49 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Spectrum Talent Management Limited was established in May 09, 2012. They provide a wide range of services such as recruitment, payroll, onboarding and flexible staffing. Their extensive network, structured processes, professionalism and high work ethics ensure that they are at the forefront globally. With their extensive expertise, they meet the staffing and hiring needs of companies worldwide.
A proper staffing process enables us to identify the current and future needs of our customers. It also helps us to create and execute a plan according to the derived requirements to hire the most suitable candidates. The various steps of the staffing process include:
The company is constantly looking for new business areas and has come across the export of electronic products, an emerging area with great growth potential in the coming years. Of course, this is not the company's core business, but due to the low volume of orders and quick turnaround, the company has entered into this trading activity to further optimise its capital turnover, which has given the company a decent return on investment
| Incorporation | Sector | IPO Issue Size | Website |
| 2012 | Headhunting and Manpower recuritment | ₹105.14 Cr | http://www.stmpl.co.in/ |
The company proposes to utilize the Net Proceeds towards funding of the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 576,000 (9.98%) | 2,598,400 (45%) | 2,599,200 (45.02%) | 5,773,600 | |
| 1 | 9th Jun 2023 19:31 | 1.66x | 0.20x | 0.60x | 0.53x |
| 2 | 12th Jun 2023 19:31 | 2.67x | 0.55x | 1.78x | 1.31x |
| 3 | 13th Jun 2023 19:31 | 3.17x | 1.14x | 3.33x | 2.33x |
| 4 | 14th Jun 2023 19:31 | 11.21x | 11.68x | 13.10x | 12.27x |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 4,081.10 | 32,362.37 | 675.96 | 1,500.36 | 1,025.36 | 422.19 |
| 31-Mar-21 | 4,630.20 | 30,296.00 | 476.41 | 1,976.30 | 1,026.30 | 60.72 |
| 31-Mar-22 | 6,479.29 | 48,372.17 | 1,552.71 | 2,827.37 | 1,972.37 | 1,026.88 |
| 31-Dec-22 | 8,657.66 | 58,415.74 | 1,997.46 | 4,844.57 | 3,053.82 | 255.09 |
| Amount in ? Lakhs | ||||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Spectrum Talent Management Limited | 9.07 | 9.07 | Consolidated | |||
| Quess Corp Limited | 16.32 | 16.32 | 21.8 | Consolidated | ||
| TeamLease Services Limited | 22.48 | 22.48 | 98.58 | Consolidated |
Last Updated on 25-Jun-2023 09:00:09
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Spectrum Talent Management SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Spectrum Talent Management SME IPO with Zerodha.
Alternate approch to apply in Spectrum Talent Management SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Spectrum Talent Management SME IPO Review and Important Updates
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To subscribe or apply in Spectrum Talent Management SME IPO, you can use the following methods:
| Spectrum Talent Management SME IPO Applying Mode | Method | Details |
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Spectrum Talent Management SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Spectrum Talent Management SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Spectrum Talent Management SME IPO. Most of the Syndicate Banks provide access to apply in Spectrum Talent Management IPO via ASBA process. You must have your net banking access, DP ID information to apply in Spectrum Talent Management SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Spectrum Talent Management SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Spectrum Talent Management SME IPO Review and Important Updates
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Spectrum Talent Management SME IPO is going to be list on 22-06-2023. NSE Code for Spectrum Talent Management is SPECTSTM. BSE Code for Spectrum Talent Management is .
Other relevant questions:
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Spectrum Talent Management SME IPO Allotment Date is 19-06-2023.
Other relevant questions:
Spectrum Talent Management SME IPO share allotment date?Spectrum Talent Management SME IPO allotment date?
