SAR Televenture Limited FPO IPO
SAR Televenture Limited FPO is an NSE SME IPO listed on the NSE SME platform, priced at ₹200–₹210 per share. The stock debuted at ₹225.05, delivering a listing gain of 7.2%. The IPO had a lot size of ₹500 shares and a minimum investment of ₹1,05,000.
SAR Televenture Limited FPO
- IPO Dates
- Jul 22, 2024 – Jul 24, 2024
- Price band
- ₹200-210 per equity share
- Minimum Investment
- ₹1,05,000
- Issue size
- ₹150 Cr
- Lot size
- 500
- Allotment Date
- Jul 25, 2024
- Listing
- Jul 29, 2024
- Listing At
- NSE SME
IPO timeline
-
Jul 22, 2024
Open Date
Completed
-
Jul 24, 2024
Close Date
Completed
-
Jul 25, 2024
Allotment Date
Completed
-
Jul 29, 2024
Listing Date
Completed
SAR Televenture Limited FPO IPO Essentials
SAR Televenture Limited FPO IPO Details
SAR Televenture Limited FPO IPO is priced at ₹200-210 per share with a total issue size of 150 crore. The IPO has a lot size of 500 shares and is listed on NSE SME.
- Issue price
- ₹200-210 per equity share
- Lot size
- 500 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 7,142,857 shares(aggregating up to ₹150.00 Cr)
- Total issue size
- 71,42,857 shares
(aggregating up to ₹150 crore) - Fresh issue
- 71,42,857 shares
(aggregating up to ₹150 crore) - Listing at
- NSE SME
- List price
- 225.05
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Pantomath Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 500 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 500 | ₹1,05,000 |
| Retail(max) | 1 | 500 | ₹1,05,000 |
| NII (min) | 2 | 1,000 | ₹2,10,000 |
SAR Televenture Limited FPO IPO Reservation
SAR Televenture Limited FPO IPO reservation details show category-wise allocation of shares. Out of the total 7,398,225 shares, approximately 19.26% are reserved for QIB, 19.51% for NII, 33.71% for retail investors, -% for market maker, and 27.51% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 2,035,500 (27.51%) | |
| Market Maker Shares Offered | - (-%) | |
| QIB Shares Offered | 1,425,225 (19.26%) | |
| NII (HNI) Shares Offered | 1,443,750 (19.51%) | |
| Retail Shares Offered | 2,493,750 (33.71%) | |
| Total Shares Offered | 7,398,225 (100%) |
SAR Televenture Limited FPO IPO Analytics
SAR Televenture Limited FPO IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
SAR Televenture Limited FPO IPO Subscription Status
SAR Televenture Limited FPO IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- P/E Pre IPO
- 14.79
Returns
- ROE
- 21.81%
- ROCE
- 6.63%
- RoNW
- 21.81%
- PAT Margin
- 12.61
Fundamentals
- Debt / Equity
- 2.48
SAR Televenture Limited FPO Financials( In Lakhs)
| 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 |
SAR Televenture Limited FPO Company & Offer Insights
About SAR Televenture Limited FPO
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)
M.G Metalloy Private Limited are the company's promoters of SAR Televenture Limited FPO.
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.
SAR Televenture Limited FPO IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| SAR Televenture Limited | 14.2 | 14.2 | 47.87 | N/A | 21.81 | 4.39 | Consolidated |
| Suyog Telematics Ltd | 59.38 | 59.38 | 267.58 | 17.79 | 21.22 | 3.95 | Consolidated |
| Kore Digital Limited | 34.51 | 34.51 | 186.56 | 47.26 | 15.37 | 8.74 | Consolidated |
Notes:
- For the Company, the information above is based on the Restated Consolidated Financial Statements for Fiscal 2024.
- Current Market Price (CMP) for listed peers is the closing price of respective scrips as of June 28, 2024.
- Basic and Diluted EPS = PAT divided by weighted average no. of equity shares outstanding during the year/period, as adjusted for changes in capital due to sub-division of equity shares.
- For Diluted EPS, the weighted no. of shares shall include the impact of potential convertible securities.
- PAT Margin is calculated as PAT divided by revenue from operations.
- P/E Ratio has been computed based on the closing market price of equity shares on June 28, 2024, divided by the diluted EPS.
- RoNW is computed as net profit after tax for the year divided by Net Worth as of March 31, 2024.
- NAV is computed as the closing Net Worth divided by the closing outstanding number of equity shares.
Contact Information
Contact Details
SAR Televenture Limited FPO
+91 8587050050
https://www.sarteleventure.com/
P. No – 346A, 2 nd Floor,Udyog Vihar, Phase-4, Gurugram-122016
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
SAR Televenture Limited FPO IPO is a book-built IPO worth ₹150 crore. The price band is ₹200–₹210 per share. The IPO opens on Jul 22, 2024 and closes on Jul 24, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of SAR Televenture Limited FPO IPO is ₹200 to ₹210 per share.
The lot size of SAR Televenture Limited FPO IPO is 500 shares.
The minimum investment for SAR Televenture Limited FPO IPO is approximately ₹1,05,000 based on the upper price band .
SAR Televenture Limited FPO IPO opens on Jul 22, 2024 and closes on Jul 24, 2024.
The allotment date of SAR Televenture Limited FPO IPO is Jul 25, 2024.
SAR Televenture Limited FPO IPO is expected to be listed on Jul 29, 2024, on NSE SME Platform.
SAR Televenture Limited FPO IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 21.81%, and market cap N/A.
To apply for SAR Televenture Limited FPO IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of SAR Televenture Limited FPO IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for SAR Televenture Limited FPO IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check SAR Televenture Limited FPO IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SAR Televenture Limited FPO IPO allotment status on IPO Ji for quick and easy access.