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Open
9 Jun 2023
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Close
14 Jun 2023
3
Allotment
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Listing
Thu, Jun 22, 2023
Price Band
₹169 to ₹173
Issue Size
60,77,600 shares (agg. up to ₹105 Cr)
Lot Size
800 Shares
Listing Date
Thu, Jun 22, 2023
Latest GMP
₹-12
Est. Gain
-6.94%
✦ AI Insight
GMP Trend
22-06-2023₹-12Est. ₹161-6.94%
21-06-2023₹-10Est. ₹163-5.78%
20-06-2023₹2Est. ₹175+1.16%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.13x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 86.58 | 64.79 | 46.30 | 40.81 |
| Total Income | 584.16 | 483.72 | 302.96 | 323.62 |
| Profit After Tax | 19.97 | 15.53 | 4.76 | 6.76 |
| NET Worth | 48.45 | 28.27 | 19.76 | 15.00 |
| Reserves and Surplus | 30.54 | 19.72 | 10.26 | 10.25 |
| Total Borrowing | 2.55 | 10.27 | 0.61 | 4.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Infollion Research Services Ltd. | SME | ₹21.45 Cr | ₹82 | 14.24 | ₹198.55 | +142.13% | ₹171.90 (-3.99%) |
| ITCONS E-Solutions Ltd. | SME | ₹8.67 Cr | ₹51 | 12.09 | ₹49.33 | -3.27% | ₹268.85 (-2.20%) |
| Anlon Technology Solutions Ltd. | SME | ₹15.00 Cr | ₹100 | 11.71 | ₹263.65 | +163.65% | ₹623.05 (+0.33%) |
| Droneacharya Aerial Innovations Ltd. | SME | ₹33.97 Cr | ₹54 | 45 | ₹107.10 | +98.33% | ₹38.50 (+0.81%) |
| Integrated Personnel Services Ltd. | SME | ₹12.74 Cr | ₹59 | 12.77 | ₹69.80 | +18.31% | ₹230.00 (-6.12%) |
| Silicon Rental Solutions Ltd. | SME | ₹21.15 Cr | ₹78 | 10.73 | ₹84.00 | +7.69% | ₹81.00 (+0.00%) |
| Radiant Cash Management Services Ltd. | Mainboard | ₹256.64 Cr | ₹94 | 17.34 | ₹104.90 | +11.60% | ₹38.25 (+0.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital Requirement; | 74.00 |
| 2 | Acquisitions of Businesses in similar or complementary areas | 1.50 |
| 3 | General Corporate Purposes | 5.05 |
About Spectrum Talent Management IPO
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.+ Read More
Contact Details
Spectrum Talent Management Ltd. AddressB-46, Retreat Apartments20, I.P ExtensionDelhi, New Delhi, 1100920120-4258857cs@stmpl.co.inVisit Website