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Spectrum Talent Management Limited logo

Spectrum Talent Management Limited IPO

SME IPOListedSPECTSTMNSE
Current Market Price (CMP)
₹109.80(-36.53%)
Current Price (CMP)
₹109.80(-36.53%)

Live Market Quote

Listing Price & Gain
₹155(-10.40%)

Day 1 Exchange Open

IPO Issue Price
₹173

Band: ₹169 - ₹173

Total Subscription
11.71x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
09 Jun 2023
IPO Bidding Closes
14 Jun 2023
Allotment & Refunds
Completed
Exchange Listing Day
22 Jun 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 11.71x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription11.71x
Updated as on null

Listing Day & Return Performance

Listing Day Gain-10.40%
₹173 (Issue) → ₹155 (List)
Per share profit: ₹-18.00
Holding Return (Till Date)-36.53%
₹173 (Issue) → ₹109.80 (CMP)
Net gain per share: ₹-63.20
Post-Listing Performance (Listing Day → Today):-29.16%

About Spectrum Talent Management Limited IPO

Spectrum Talent Management Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 09 Jun 2023 and concluded on 14 Jun 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹169 - ₹173.

During the bidding window, Spectrum Talent Management Limited witnessed heavy demand with an overall subscription of 11.71 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Spectrum Talent Management Limited officially debuted on the stock exchanges on 22 Jun 2023 at an opening listing price of ₹155, delivering a listing day return of -10.40% (discount) over the final issue price. As per the latest market data, the stock trades at ₹109.80, representing an overall decline of -36.53% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Spectrum Talent Management Limited IPO?
The issue price of Spectrum Talent Management Limited IPO was fixed at ₹173 per equity share. The indicative bidding price band was ₹169 - ₹173.
What were the open, close, and listing dates for Spectrum Talent Management Limited IPO?
Spectrum Talent Management Limited IPO opened on 09 Jun 2023, closed on 14 Jun 2023, listed on 22 Jun 2023.
How much was Spectrum Talent Management Limited IPO subscribed?
The IPO received an overall subscription of 11.71 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Spectrum Talent Management Limited IPO?
Spectrum Talent Management Limited IPO listed on the stock exchange at ₹155, delivering a listing discount of 10.40% compared to the IPO issue price of ₹173.
Is Spectrum Talent Management Limited IPO a Mainboard or SME IPO?
Spectrum Talent Management Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Spectrum Talent Management Limited IPO since its IPO?
At the latest market quote of ₹109.80, Spectrum Talent Management Limited IPO has generated an all-time return of -36.53% since its initial public offering.

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