SAR Televenture Limited FPO

NSE SME

Listed On: Jul 29, 2024 at ₹ 225.05

₹ 105000 /500 Shares

Check Allotment

SAR Televenture Limited FPO IPO Details

22 Jul, 2024

Open Date

24 Jul, 2024

Close Date

25 Jul, 2024

Allotment Date

29 Jul, 2024

Listing Date

Issue Price

₹200-210 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

225.05

Listing Date

2024-07-29

Market Lot

500 Shares (₹105,000/-)

Lead Manager

Pantomath Capital Advisors Pvt Ltd

Issue Size

7,142,857 shares(aggregating up to ₹150.00 Cr)

Retail Portion

35%

Subscription

7.49 times

IPO Docs

DRHP RHP

SAR Televenture Limited FPO IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,425,225 / 1,443,750	2,493,750	5,362,725
Day 1 - 22-07-24 06:00 PM	0.17 / 0.33 x	1.23 x	0.70 x
Day 2 - 23-07-24 06:00 PM	1.15 / 1.06 x	2.62 x	1.81 x
Day 3 - 24-07-24 06:00 PM	8.31 / 8.34 x	6.52 x	7.49 x

Total No. of Applications: 32,492 (Approx)

SAR Televenture Limited FPO Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

RoNW

SAR Televenture Limited FPO Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	26,641.86	2,422.42	410.83
Revenue	12,416.97	3,251.63	475.35
Profit After Tax	1,566.17	393.59	3.71

About The Company

SAR Televenture Limited provides telecommunication solutions for network operators. The company installs and commissions 4G and 5G towers, Optical Fibre Cable (OFC) systems, and deals in network equipment.

SAR Televenture is registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunications (DOT). The company leases out built sites such as GBT/RTT/Pole sites and Out-Door Small Cell (ODSC), and it also establishes and maintains assets such as Dark Fibers, Right of Way, Duct Space, and Towers to grant on a lease, rent, or sale basis to the licensees of Telecom Services.

The company offers project management services for laying ducts and optic fiber cables, constructing basic transmission and telecom utilities, leasing dark fiber, constructing optical fiber networks, maintaining ducts and optic fiber, and providing optical fiber project turnkey services to Telecom Network Operators, Broadband Service Operators, and ISPs across Maharashtra.

As of May 31, 2024, the company has installed a total of 413 leased towers across various areas in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands.

The Company is a ISO 9001:2015, ISO 140001: 2015, and ISO 45001: 2018 certified company.

On January 3, 2023, the company entered into a share purchase agreement to acquire 100% of the equity share capital of SAR Televentures F.Z.E, United Arab Emirates (formerly known as Shoora International -F.Z.E) from Shoora Capital Limited. Our subsidiary is currently involved in laying and installing fiber cables and trading network equipment.

As of May 31, 2024, the company has 38 employees in various departments.

SAR Televenture Limited FPO - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

M.G Metalloy Private Limited

SAR Televenture Limited FPO IPO - Issue Objectives

Funding setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes
Funding setting up of an additional 1000 number of 4G/5G telecom towers
Funding incremental working capital requirement of the Company
General Corporate purposes.

Other Details

Company Contact Details

SAR Televenture Limited FPO

P. No – 346A, 2 nd Floor,Udyog Vihar, Phase-4, Gurugram-122016

Phone: +91 8587050050

Email: info@sarteleventure.com

Website: https://www.sarteleventure.com/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: sarteleventure.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

SAR Televenture Limited FPO IPO - FAQs

Ans. SAR Televenture Limited FPO is a SME IPO. The issue is priced at ₹200-210 per equity share. The minimum order quantity is 500 Shares. The IPO opens on Jul 22, 2024, and closes on Jul 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The SAR Televenture Limited FPO opens on Jul 22, 2024 and closes on Jul 24, 2024.

Ans. The size of SAR Televenture Limited FPO is 7,142,857 shares(aggregating up to ₹150.00 Cr).

Ans. The IPO price band is set between ₹200-210 per equity share.

Ans. To apply for SAR Televenture Limited FPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find SAR Televenture Limited FPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of SAR Televenture Limited FPO is Jul 25, 2024.

Ans. The SAR Televenture Limited FPO will be listed on Jul 29, 2024.

Ans. Follow the steps to check the allotment status for SAR Televenture Limited FPO here.