Spectrum Talent Management Limited

Company Profile
Company Name Spectrum Talent Management Limited
Open Date 09-06-2023
Close Date 14-06-2023
Exchange NSE SME
Lot Size 800 shares
Issue Price ₹ 173 per share
Issue Size 60,77,600Equity Shares
Application Amount ₹ 1,38,400
Recommendation Apply
Spectrum Talent Management Limited was incorporated in the year 2012 headquartered in Delhi-India and is engaged human resource and staffing services, they offer a wide array of services such as Recruitment, Payroll, Onboarding and flexible staffing, satisfy firms' staffing, and recruitment needs globally. As on the date of Red Herring Prospectus, they serve to more than 275 clients in domestic and offshore markets. Human Resource database is the key asset for this industry, as on December 31, 2022, they have 15,606 personnel deployed at various locations for their clients. They have a wholly owned subsidiary namely STM Consulting Inc. majorly operating in the USA. Further, they have 90% subsidiary namely STM Consulting Limited, majorly operating in the UK. Both the entities are engaged in the business of employment placement agencies, temporary employment agency activities and Human resources provision and management of human resources functions. Company is also involved in the business of export of electronic products.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Dec-22
Total Assets 4,630.20 6,479.29 8,657.66
Net Assets 1,976.30 2,827.37 4,844.57
Total Borrowings 60.72 1,026.88 255.09
Total Revenue 30,296.00 48,372.18 58,415.74
Profit After Tax 476.41 1,552.71 1,997.46

Tentative Timeline

Opening Date 09-06-2023
Closing Date 14-06-2023
Basis of Allotment 19-06-2023
Initiation of Refunds 20-06-2023
Credit of Shares to Demat 21-06-2023
Listing Date 22-06-2023

Objects of the Issue

Funding Working Capital Requirement
Acquisitions of Businesses in similar or complementary areas
General Corporate Purposes
Offer Expenses

Contact Information

Registered Office 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/

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

Market Maker Shares Offered 3,04,000 (5.00%)
QIB Shares Offered 5,76,000 (9.48%)
NII (HNI) Shares Offered 25,98,400 (42.75%)
Retail Shares Offered 25,99,200 (42.77%)
Total Shares Offered 60,77,600 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 72.25%

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