Spectrum Talent Management Limited
ListedSMEBusiness Services · NSE
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.
Price Band
₹169 – ₹173
Issue Size
₹105 Cr
Lot Size
800 shares
GMP
₹12
-6.9%
Est. Listing
₹161
at current GMP
Subscribed
12.32x
overall
Open
9 Jun 2023
Close
14 Jun 2023
Allotment
19 Jun 2023
Refund
20 Jun 2023
Demat Credit
21 Jun 2023
Listing
22 Jun 2023
Last updated 12 days ago
Overall Subscription
12.32x
Total Demand
QIB Multiplier
11.21x
Institutions & Funds
NII / HNI
11.79x
High Net-Worth
Retail (RII)
13.08x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 576,000 | 6,455,200 | 11.21x |
| NIB | 2,598,400 | 30,647,200 | 11.79x |
| RETAIL | 2,599,200 | 34,008,800 | 13.08x |
| Total | 5,773,600 | 71,111,200 | 12.32x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,659 | 34,780 | 13.08x |
| HNIs (10L +) | 17 | 200 | 11.79x |
| HNIs (2-10L) | 81 | 955 | 11.79x |
| Total Applications | 2,757 | 35,935 | 13.03x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Spectrum Talent Management Limited Public Issue & Market Profile
Spectrum Talent Management Limited is bringing an initial public offering (IPO) in the Business Services sector with an aggregate issue size of ₹105.14 Crores. The shares are offered at a price band of ₹169 to ₹173 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-06-14, the basis of allotment is scheduled to be finalized on 2023-06-19. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Spectrum Talent Management Limited IPO GMP today?
Currently, Spectrum Talent Management Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹169 to ₹173 per equity share.
What is the expected profit per lot for Spectrum Talent Management Limited IPO?
The retail lot size is 800 shares requiring a minimum application amount of ₹1,38,400. Expected listing price is ₹161 per equity share.
What is the issue size and price band for Spectrum Talent Management Limited IPO?
The Spectrum Talent Management Limited IPO aggregate issue size is ₹105.14 Crores with an equity price band set at ₹169 to ₹173 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,38,400.
How can I check Spectrum Talent Management Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 12.32x (Retail: 13.08x, QIB: 11.21x, NII: 11.79x). You can track live multiples directly on our dedicated subscription page.
Where and when will Spectrum Talent Management Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-06-19. Investors can verify status using PAN card or application number.
When is the listing date for Spectrum Talent Management Limited IPO?
Spectrum Talent Management Limited shares are scheduled to list on NSE on 2023-06-22.