SAR Televenture Limited FPO
NSE SMEListed On: Jul 29, 2024 at ₹ 225.05
₹ 105000 /500 Shares
Check Allotment22 Jul, 2024
Open Date24 Jul, 2024
Close Date25 Jul, 2024
Allotment Date29 Jul, 2024
Listing DateIssue Price
₹200-210 per equity shareFace Value
₹2 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
225.05Listing Date
2024-07-29Market Lot
500 Shares (₹105,000/-)Lead Manager
Pantomath Capital Advisors Pvt LtdIssue Size
7,142,857 shares(aggregating up to ₹150.00 Cr)Retail Portion
35%Subscription
7.49 timesSAR Televenture Limited FPO IPO Details
SAR Televenture Limited FPO is an SME IPO, priced at ₹200-210 per equity share. The equity shares have a face value of ₹2 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 71,42,857 equity shares, aggregating up to ₹150 crores..
The IPO bidding window is open from Jul 22, 2024 to Jul 24, 2024. The allotment is expected to be finalized on Jul 25, 2024, and the tentative listing date is Jul 29, 2024.
The minimum lot size for retail investors is 500 shares, with a minimum investment of ₹1,05,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,10,000.
Pantomath Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and
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 |
SAR Televenture Limited FPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-P/E Pre IPO
14.79P/E Post IPO
ROE
21.81%ROCE
6.63%Debt/Equity
2.48RoNW
21.81%PAT Margin
12.61SAR 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 |
| Net Worth | 7,180.41 | 1,185.59 | -7.74 |
| Reserves & Surplus | 6,880.41 | 1,120.30 | -11.91 |
| Total Borrowing | 17,787.41 | 444.41 | 337.09 |
About The Company
Incorporated in May 2019, SAR Televenture Limited provides telecommunications solutions for network operators. It 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, construction of basic transmission and telecom utilities, leasing dark fiber, constructing optical fiber networks, maintenance of ducts and optic fiber, and providing optical fiber project turnkey services to Telecom Network Operators, Broadband Service Operators, and ISPs across Maharashtra.
As of 31st May, 2024, a total of 413 leased towers have been installed across West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands.
Company is ISO 9001:2015, ISO 140001:2015, ISO 45001:2018 certified company.
The company entered into a share purchase agreement on 3rd January 2023 to acquire 100% of the equity share capital of SAR Televentures F.Z.E, United Arab Emirates (previously known as Shoora International-F.Z.E) from Shoora Capital Limited. Our subsidiary is presently undertaking laying and installation of fiber cables and trading network equipment.
At 31st May, 2024, the company has 38 employees in different departments.
SAR Televenture Limited FPO - Promoter(s)
Pre Issue Share Holding: 66.27%
Post Issue Share Holding: %
- 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
SAR Televenture Limited FPO
P. No – 346A, 2 nd Floor,Udyog Vihar, Phase-4, Gurugram-122016Link 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.
