Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Infollion Research IPO vs Spectrum Talent Management IPO

Comparison between Infollion Research IPO and Spectrum Talent Management IPO.

IPO Details

Infollion Research IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.

 Infollion Research IPOSpectrum Talent Management IPO
LogoInfollion Research IPO LogoSpectrum Talent Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHolani Consultants Pvt.Ltd.Sarthi Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerHolani Consultants Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Infollion Research IPO is up to ₹20.36 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Infollion Research IPO is ₹82.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

 Infollion Research IPOSpectrum Talent Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share₹169.00 per share
Issue Price (Upper)₹82.00 per share₹173.00 per share
Issue Price (Final)₹82.00 per share₹173.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares800 shares
Fresh Issue Size20,91,200 shares48,81,600 shares
Fresh Issue Size (Amount)up to ₹17.15 Crup to ₹84.45 Cr
OFS Issue Size3,92,000 shares8,92,000 shares
OFS Issue Size (Amount)up to ₹3.21 Crup to ₹15.43 Cr
Issue Size Total24,83,200 shares57,73,600 shares
Issue Size Total (Amount)up to ₹20.36 Crup to ₹99.88 Cr

IPO Timetable

Infollion Research IPO opens on May 29, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Infollion Research IPO and Spectrum Talent Management IPO is May 31, 2023, and Jun 14, 2023, respectively.

 Infollion Research IPOSpectrum Talent Management IPO
Anchor Bid DateMay 26, 2023
Issue OpenMay 29, 2023Jun 09, 2023
Issue CloseMay 31, 2023Jun 14, 2023
Basis Of Allotment (Tentative)Jun 05, 2023Jun 19, 2023
Initiation of Refunds (Tentative)Jun 06, 2023Jun 20, 2023
Credit of Share (Tentative)Jun 07, 2023Jun 21, 2023
Listing date (Tentative)Jun 08, 2023Jun 22, 2023
Anchor Lockin End date 1Jul 05, 2023
Anchor Lockin End date 2Sep 03, 2023

Financials & KPIs

Infollion Research IPO P/E ratio is 14.24, as compared to Spectrum Talent Management IPO P/E ratio of 15.

 Infollion Research IPOSpectrum Talent Management IPO
Financials
Infollion Research Services Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-21848.741,606.46207.65702.47700.980.00
31-Mar-221,181.322,220.13340.661,043.121,041.640.00
31-Mar-231,800.553,529.92557.921,601.05854.360.00
Amount in ₹ Lakhs
Spectrum Talent Management Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-204,081.1032,362.37675.961,500.361,025.36422.19
31-Mar-214,630.2030,296.00476.411,976.301,026.3060.72
31-Mar-226,479.2948,372.171,552.712,827.371,972.371,026.88
31-Dec-228,657.6658,415.741,997.464,844.573,053.82255.09
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)67.09100.00
Promoter Shareholding (Post-Issue)72.25
P/E Ratio14.2415
Market Cap₹79.47 Cr.
ROE42.20%
ROCE
Debt/Equity
EPS₹10.25
RoNW42.99%

Shares Offered

In the Infollion Research IPO Retail Individual Investors (RII) are offered 8,70,400 shares while in Spectrum Talent Management IPO retail investors are offered 8,70,400 shares. Qualified Institutional Buyers (QIB) are offered 4,83,200 shares in Infollion Research IPO and 5,76,000 shares in Spectrum Talent Management IPO.

 Infollion Research IPOSpectrum Talent Management IPO
Anchor Investor Reserveration7,24,800 shares
Market Maker Reserveration1,32,800 shares3,04,000 shares
QIB4,83,200 shares5,76,000 shares
NII4,04,800 shares25,98,400 shares
RII8,70,400 shares25,99,200 shares
Employee
Others
Total24,83,200 shares57,73,600 shares

Bids Received (Subscription)

Infollion Research IPO subscribed 279.24x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

 Infollion Research IPOSpectrum Talent Management IPO
QIB (times)70.72x11.21x
NII (times)560.71x11.68x
Big NII (times)
Small NII (times)
RII (times)264.10x13.10x
Employee (times)
Other (times)
Total (times)279.24x12.27x