IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 576,000 (9%) | — | ₹100 Cr |
| NII (HNI) | — | 2,598,400 (43%) | — | ₹4,495 Cr |
| Retail | — | 2,599,200 (43%) | — | ₹4,497 Cr |
| Market Maker | — | 304,000 (5%) | — | ₹53 Cr |
| Σ Total | — | 6,077,600 (100%) | — | ₹105,142 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹138,400 |
| Retail (Max) | 13 | 10,400 | ₹1,799,200 |
| S-HNI (Min) | 14 | 11,200 | ₹1,937,600 |
| B-HNI (Min) | 67 | 53,600 | ₹9,272,800 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-Dec-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 58,416 | 48,372 | 30,296 |
| Profit After Tax | 1,997 | 1,553 | 476 |
| Net Worth | 4,845 | 2,827 | 1,976 |
| Total Assets | 8,658 | 6,479 | 4,630 |
| Reserves & Surplus | 3,054 | 1,972 | 1,026 |
| Total Borrowing | 255 | 1,027 | 61 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Working Capital Requirement; – 74.00
- Acquisitions of Businesses in similar or complementary areas – 1.50
- General Corporate Purposes – 5.05
Company Overview
Incorporated in 2012, 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 Agrwal. 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.