SAR Televenture Limited IPO
SAR Televenture Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹52–₹55 per share. The stock debuted at ₹105, delivering a listing gain of 90.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.
SAR Televenture Limited IPO
- IPO Dates
- Nov 1, 2023 – Nov 3, 2023
- Price band
- ₹52-55 per equity share
- Minimum Investment
- ₹1,10,000
- Issue size
- 4,500,000 shares(aggregating up to ₹24.75 Cr)
- Lot size
- 2000
- Allotment Date
- Nov 6, 2023
- Listing
- Nov 8, 2023
- Listing At
- NSE SME
IPO timeline
-
Nov 1, 2023
Open Date
Completed
-
Nov 3, 2023
Close Date
Completed
-
Nov 6, 2023
Allotment Date
Completed
-
Nov 8, 2023
Listing Date
Completed
SAR Televenture Limited IPO Essentials
SAR Televenture Limited IPO Details
SAR Televenture Limited IPO is priced at ₹52-55 per share with a total issue size of 4,500,000 shares(aggregating up to ₹24.75 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹52-55 per equity share
- Lot size
- 2000 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 4,500,000 shares(aggregating up to ₹24.75 Cr)
- Listing at
- NSE SME
- List price
- 105.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Pantomath Capital Advisors Pvt Ltd
SAR Televenture Limited IPO Analytics
SAR Televenture Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
SAR Televenture Limited IPO Subscription Status
SAR Televenture Limited 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 | 848,000 / 650,000 | 1,500,000 | 2,998,000 |
|
Day 1
01-11-23 06:00 PM
|
(0.03 / 6.02) x | 14.17 x | 8.40 x |
|
Day 2
02-11-23 06:00 PM
|
(7.44 / 33.02) x | 51.34 x | 34.95 x |
|
Day 3
03-11-23 06:00 PM
|
(77.00 / 716.11) x | 222.06 x | 288.15 x |
SAR Televenture Limited Valuations
Returns
- RoNW
- N/A%
SAR Televenture Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,420.77 | 410.83 | 144.82 |
| Revenue | 3,251.63 | 475.35 | 90.71 |
| Profit After Tax | 388.36 | 3.71 | -2.71 |
SAR Televenture Limited Company & Offer Insights
About SAR Televenture Limited
SAR Televenture Limited is a provider of telecommunication solutions to Telecom Network Operators. The Company is engaged in the installation and commissioning of 4G and 5G Towers, Optical Fibre Cable (OFC) Systems, and dealing in network equipment.
SAR Televenture is registered as Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT). The company leases out build sites i.e. GBT/RTT/Pole sites and Out Door Small Cell (ODSC) and establishes and maintains assets such as Dark Fibres, Right of Way, Duct Space, and Tower for the purpose of granting on lease or rent or sale basis to the licensees of Telecom Services.
The company also provides project management for laying of the duct and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, maintenance of duct and optic fibre, and optical fibre project turnkey services to various, Telecom Network Operators & Broad Band Service Operators and ISPs across Maharashtra.
SAR Televenture has provided over 373 towers on lease over various areas in West Bengal, Bihar, Uttar Pradesh, and Punjab.
On January 3, 2023, the company acquired 100% of the issued and paid-up equity share capital of SAR Televenture FZE, United Arab Emirates (Formerly known as Shoora International FZE) from Shoora Capital Limited via a Share Purchase agreement. The subsidiary is engaged in the activities of Wholesale Fresh Foodstuff Trading -Import & Export; Ferrous and Non Ferrous Metal Trading Import & Export; Wireless Communication Devices and Equipment Trading; and Electronic Chips & Semiconductors trading Import/Export.
The company recorded a total revenue from operations of Rs. 3,246.17 Lacs and PAT of Rs. 388.38 Lacs in fiscal 2023.
SAR Televenture Limited Promoter(s)
M.G. Metalloy Private Limited are the company's promoters of SAR Televenture Limited.
SAR Televenture Limited IPO Issue Objectives
- •
- Installation of 5G/4G towers.
- •
- Full or part repayment and /or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the company.
- •
- Funding the working capital requirements of the company.
- •
- General Corporate Purposes (GCP).
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
SAR Televenture Limited IPO is a book-built IPO worth ₹4,500,000 shares(aggregating up to ₹24.75 Cr). The price band is ₹52–₹55 per share. The IPO opens on Nov 1, 2023 and closes on Nov 3, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of SAR Televenture Limited IPO is ₹52 to ₹55 per share.
The lot size of SAR Televenture Limited IPO is 2000 shares.
The minimum investment for SAR Televenture Limited IPO is approximately ₹1,10,000 based on the upper price band .
SAR Televenture Limited IPO opens on Nov 1, 2023 and closes on Nov 3, 2023.
The allotment date of SAR Televenture Limited IPO is Nov 6, 2023.
SAR Televenture Limited IPO is expected to be listed on Nov 8, 2023, on NSE SME Platform.
SAR Televenture Limited IPO valuation snapshot: P/E N/A, EPS ₹N/A/-, P/B N/A, RoNW N/A%, and market cap N/A.
To apply for SAR Televenture Limited 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 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 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 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 IPO allotment status on IPO Ji for quick and easy access.