Spectrum Talent Management Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹-12(-6.94%)
Premium (ELP)
The Initial Public Offering of Spectrum Talent Management Limited's culminated in its successful listing on Jun 22, 2023 at the NSE trading platform. The company secured 60,77,600 Shares through this capital market exercise, with 51,85,600 Shares allocated to new capital formation and ₹15.43 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹169 to ₹173, with minimum investment requirements of 800 shares. The subscription period from Jun 09, 2023 to Jun 14, 2023 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Jun 19, 2023. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2012, Spectrum Talent Management Limited is a Delhi-based company engaged in providing comprehensive human resource and staffing services. The company offers a wide range of solutions, including payroll management, recruitment, onboarding, and flexible staffing for both domestic and international clients. As of December 31, 2022, Spectrum Talent had deployed over 15,600 personnel across various client locations and served more than 275 clients globally. Promoted by Mr. Vidur Gupta and Mr. Sidharth Agarwal, who together have 28 years of experience in the staffing industry, the company attributes its success to a strong HR database, structured processes, and a professional, ethics-driven approach that ensures effective global staffing and recruitment solutions.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Sidharth Agarwal
- Mr. Vidur Gupta
Spectrum Talent Management Limited
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