Spectrum Talent Management Limited is coming up with the book-built issue of equity shares in the IPO (Initial Public Offering). The Spectrum Talent Management IPO is expected to be issued from 9th June to 14th June 2023. 6,077,600 equity shares with a face value of Rs 10 per equity share are to be issued at Rs 169 – 173 per share in this IPO. Lets delve deeper into this upcoming IPO issue in April-May 2023.
About Spectrum Talent Management Limited
Spectrum Talent Management Limited, established in 2012 and headquartered in Delhi, specializes in human resource and staffing services. Over the years, they have built a strong reputation and have successfully served more than 275 clients in both domestic and offshore markets.
The company’s most valuable asset is its extensive Human Resource database, which includes 15,606 personnel deployed across various locations to support their clients. Promoted by Mr. Vidur Gupta and Mr. Sidharth Agrwal, who collectively possess 28 years of experience in the staffing industry, Spectrum Talent Management is driven by their expertise and industry knowledge.
With a comprehensive range of services including Payroll, Recruitment, Onboarding, and flexible staffing, Spectrum Talent Management is well-equipped to meet the diverse needs of companies. Their global presence, structured processes, professionalism, and strong work ethics enable them to remain at the forefront of the industry. The company is committed to delivering high-quality staffing and recruitment solutions globally, leveraging their specialized expertise and industry insights.
Spectrum Talent Management IPO Issue Details
| Issue Type | Book Built Issue IPO |
| Issue Opens | 9th June 2023 |
| Issue Closes | 14th June 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 169-173 Per Share |
| Minimum Order | 800 Shares |
| Issue Size | 6,077,600 shares |
| Listing | NSE SME |
Objects of the Issue
The proceeds from the Issue will be used by the Company for the following purposes:
- Funding Working Capital Requirement;
- Acquisitions of Businesses in similar or complementary areas
- General Corporate Purposes
- Offer Expenses
Spectrum Talent Management Limited — Company Contact Details
Spectrum Talent Management Limited
B- 46, Retreat Apartments,
20, I.P Extension,
Delhi-110092
Phone: 0120-4258857
Email: cs@stmpl.co.in
Website: http://www.stmpl.co.in/
Spectrum Talent Management IPO – Lead Manager of the Issue
This IPO issue has the lead manager: Sarthi Capital Advisors Private Limited
Spectrum Talent Management IPO – Registrar of the Issue
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/
Issue Prospectus
Click here to read the Prospectus (DRHP) of this IPO Issue.
