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SME IPO tracker: Spectrum Talent shares list at 12% discount; Urban Enviro debuts at 41% premium

Despite a successful initial public offering (IPO), the shares of Spectrum Talent Management had a dull listing on NSE Emerge platform, listing at a 12% discount compared to the issue price. The company's IPO worth INR 105 crore was subscribed 8.09 times, mainly driven by the good response from retail investors. Urban Enviro Waste Management, on the other hand, had a premium listing on NSE with its shares being listed at 41% above the issue price of INR 100. The company engaged in solid waste management saw its IPO subscribed 255 times.

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