Spectrum Talent Management Ltd announces SME IPO on the NSE

Spectrum Talent Management Ltd, a leading HR and staffing services provider, is all set to open its IPO subscription on 9th June 2023. Since its inception in 2012, Spectrum has built a strong reputation, serving over 275 corporate and institutional clients across domestic and offshore markets. With a workforce of over 15,600 personnel, Spectrum offers a wide range of HR solutions including payroll, recruitment, and flexible staffing.

Promoted by industry veterans Vidur Gupta and Sidharth Agarwal, Spectrum Talent Management Ltd brings decades of combined experience to the table. Their specialized knowledge, domain skills, and extensive industry networks have propelled the company’s growth.

Here are the key details of the Spectrum Talent Management Ltd SME IPO:

IPO Opens – 9th June 2023
IPO Close – 14th June 2023
Price Band – Rs 169 – Rs 173
IPO Size @173 – Rs 105.14 cr

The IPO comprises a combination of fresh issue and offer for sale. Through the fresh issue, Spectrum Talent Management Ltd aims to issue 51,85,600 shares, raising ₹89.71 crore. Additionally, the offer for sale includes 8,92,000 shares, with a value of ₹15.43 crore.

Largest SME IPO in NSE Emerge History

The overall IPO will see a total of 60,77,600 shares being issued, amounting to ₹105.14 crore. The minimum lot size for retail investors is 800 shares, with a minimum investment of ₹138,400. HNI/NII investors can apply for a minimum of 2 lots (1,600 shares), with no upper limit on their investment.

Don’t miss this opportunity to be a part of Spectrum Talent Management Ltd’s growth journey in the HR and staffing sector.

For Offer Documents/Draft Red Herring Prospectus (DRHP) visit