• SENSEX 80,767.82
    265.83 (+0.33%)
  • BANKNIFTY 55,115.35
    28.20 (+0.05%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Spectrum Talent Management Ltd

Spectrum Talent Management Ltd

    Registered Office : B-46 Retreat Apartments 20,I P Extension,Delhi New Delhi 110092 Phone : 91-120-4258857 / 91-96503 30031
    Fax :

    Email : cs@stmpl.co.in

    Website : www.stmpl.co.in

Initial public offering of 60,77,600 equity shares of face value of Rs. 10.00 each ("Equity Shares") of the company for cash at a price of Rs. 173 per equity share (including a share premium of Rs. 163 per equity share) ("Offer Price") aggregating Rs. 105.14 crores ("Offer"). The offer comprises a fresh issue of 51,85,600 equity shares aggregating Rs. 89.71 crores ("Fresh Issue") and an offer for sale of 8,92,000 equity shares ("Offered Shares") aggregating Rs. 15.43 crores, by Sidharth Agarwal and Vidur Gupta (selling shareholders), (the "Offer for Sale"). This offer includes a reservation of 3,04,000 equity shares aggregating Rs. 5.26 crores (constituting 5.00% of issued paid-up equity share capital of the company) for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.32 % and 25.00 %, respectively, of the post-offer paid-up equity share capital of the company, respectively. The face value of the equity shares is Rs. 10.00 each.

Issue

Opens On

Closes On

09-Jun-2023

14-Jun-2023

Money Payable On

Application

Allotment

173.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

80.55

105.14

23.09

173.00

Sarthi Capital Advisors Pvt Ltd

Projects
  • Funding Working Capital Requirement
  • Acquisitions of Business in similar or complementar areas
  • General Corporate Purposes
Promoted By
  • Sidharth Agarwal
  • Vidur Gupta
Listing At
  • NSE - SME
Registrar to the Issue
  • Skyline Financial Services Pvt