Spectrum Talent Management SME IPO

Spectrum Talent Management Limited

₹1,35,200 /800 sharesMinimum Investment

Spectrum Talent Management SME IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹173.00₹155.00-₹18.00 (10.40%)

Spectrum Talent Management SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
9 Jun ‘23 - 14 Jun ‘23₹1,35,200800₹169 - ₹173
Issue SizeIPO Doc
105.14Cr
RHP PDF

About Spectrum Talent Management SME

Spectrum Talent Management, a public limited company, specializes in recruitment and placement services for various personnel, including managers, professionals, and executives. The company’s services encompass various areas, such as end-to-end recruitment, IT-enabled HR shared services, total payroll management, HR process consulting, employee training, executive development programs, and temporary staffing both within India and abroad. Spectrum Talent Management is also engaged in providing HR process audits and re-engineering, retention management, payroll management, statutory compliance, employee self-services, payroll MIS and reporting, and more. ;
Parent Organisation
Spectrum Talent Management Limited
Founded
2012
Managing Director
Mr. Vidur Gupta

Strengths & Risks

  • The company currently has over 275 clients in local and international markets. As of December 31, 2022, there are 15,606 personnel working for clients at different locations.
  • The company owns a subsidiary, STM Consulting Inc., primarily in the USA. The company also has a 90% subsidiary, STM Consulting Limited, primarily based in the UK.
  • The company is technology-driven, utilizing in-house technology to serve its staff and employees.
  • The company has little to no debt and maintains a low leverage ratio.
  • The profits of the company have grown substantially in the past 3 years.
  • Failure to attract and retain qualified employees who meet client requirements could harm the company’s financial performance.
  • The company operates in a competitive industry with many players, making it challenging to stand out, especially in the unorganized sector.
  • Background verification procedures for employees might not always be possible before placing them with clients.
  • The company could suffer from employee misconduct or errors that are difficult to detect, negatively impacting its reputation.
  • In previous years, negative cash flows were observed from operating, investing, and financing activities.
  • The company's insurance coverage might not be sufficient, severely impacting business activities.

Financials

*All values are in Rs. Cr
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Application details

Apply asPrice bandApply upto
Regular169 - 173₹2 Lakh
High Networth Individual169 - 173₹2 - 5 Lakh
For Spectrum Talent Management SME IPO, eligible investors can apply as Regular.
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