Spectrum Talent Management IPO: Retail investors bet heavily on the last day, issue subscribed 12.27 times

The lot size for this issue is 800 shares. This means that retail investors will have to invest at least Rs 138,400. The company has reserved 50 per cent of the IPO for Qualified Institutional Buyers (QIB). In addition, 15 per cent has been reserved for Non-Institutional Investors (NII) and the remaining 35 per cent for retail investors.