SAR Televenture IPO Details ( SAR Televenture Limited IPO Review )
(1 Nov 2023 – 3 Nov 2023)
SAR Televenture Limited offers telecommunication solutions to Telecom Network Operators. They install and operate 4G and 5G Towers, Optical Fiber Cable (OFC) Systems, and network equipment.
SAR Televenture is certified as an Infrastructure Provider Category I (IP-I) by the Department of Telecommunication (DOT). They rent out build sites like GBT/RTT/Pole sites and Out Door Small Cell (ODSC) and maintain assets such as Dark Fibers, Right of Way, Duct Space, and Towers to lease, rent, or sell to Telecom Service licensees.
They also handle project management for laying ducts and optic fiber cables, building basic transmission and telecom utilities, leasing dark fiber, constructing optical fiber networks, and maintaining ducts and optic fiber. They provide these services to Telecom Network Operators, Broad Band Service Operators, and ISPs across Maharashtra.
SAR Televenture has leased over 373 towers in various areas, including West Bengal, Bihar, Uttar Pradesh, and Punjab.
On January 3, 2023, the company acquired 100% of SAR Televenture FZE’s equity share capital in the United Arab Emirates, formerly known as Shoora International FZE, from Shoora Capital Limited through a Share Purchase agreement. This subsidiary is involved in 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).
In fiscal 2023, the company generated a total revenue of Rs. 3,246.17 Lacs and a profit after tax (PAT) of Rs. 388.38 Lacs.
SAR Televenture Limited IPO Competitive Strength
- Growing presence in telecommunications Circles with high growth potential
- Experienced and dedicated senior team across key functions
- Efficient Business Model
- Established relationship with our client
SAR Televenture IPO Financials Performance ( Results )
SAR Televenture Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 144.82 | 90.71 | -2.71 | -1.71 | -11.57 | -5.71 | -15.62 | 136.87 |
| 31-Mar-22 | 410.83 | 475.35 | 3.71 | 1.78 | -7.74 | -3.71 | -11.91 | 337.09 |
| 31-Mar-23 | 2,420.77 | 3,251.63 | 388.36 | 91.08 | 1,178.72 | 36.11 | 1,113.42 | 839.01 |
| 30-Jun-23 | 4,324.77 | 1,735.35 | 192.38 | 3.56 | 3,324.40 | 31.66 | 3,114.40 | 752.18 |
Objective of SAR Televenture IPO Issue
- 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).
SAR Televenture IPO Basic Details
| IPO Date | Nov 1, 2023 to Nov 3, 2023 |
| Listing Date | Wednesday, November 8, 2023 |
| Face Value | ₹2 per share |
| Price | ₹52 to ₹55 per share |
| Lot Size | 2000 Shares |
| Issue Size | 4,500,000 shares of ₹2 (aggregating up to ₹24.75 Cr) |
| Fresh Issue | 4,500,000 shares of ₹2 (aggregating up to ₹24.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,500,000 |
| Share holding post issue | 15,000,000 |
| Company Promoters | M.G. Metalloy Private Limited |
SAR Televenture IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
SAR Televenture IPO Timetable
SAR Televenture IPO will open on November 1, 2023 and close on November 3, 2023. You can join SAR Televenture IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 1 November 2023 (Wednesday) |
| Closing Date | 3 November 2023 (Friday) |
| Basis of Allotment | 6 November 2023 (Monday) |
| Initiation of Refunds | 7 November 2023 (Tuesday) |
| Credit of Shares to Demat | 7 November 2023 (Tuesday) |
| Listing Date | 8 November 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 3 November 2023 |
SAR Televenture IPO Lot Size
For retail investors in SAR Televenture IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹110,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹110,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| S-HNI (Min) | 2 | 4000 | ₹220,000 |
SAR Televenture IPO Promoter Holding
The company’s promoters include M.G. Metalloy Private Limited.
| Pre Issue Share Holding | 87.80% |
| Post Issue Share Holding | – |
SAR Televenture Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 82.50 |
| Earning Per Share (EPS) | ₹91.08 per Equity Share |
| Net Asset Value (NAV) | ₹36.11 per Equity Share |
| Post P/E Ratio (P/E) (x) | 10.72 |
| Return on Net Worth (RoNW) (%) | 32.95 |
| Return on equity (ROE) (%) | Coming Soon |
| Return on Capital Employed (ROCE) (%) | Coming Soon |
| Debt/Equity Ratio | 0.65 |
SAR Televenture IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 1 November 2023 | ₹21 | – | – |
| 31 October 2023 | ₹20 | – | – |
SAR Televenture IPO Detail Video:
link
SAR Televenture IPO Subscription Status (Bidding Detail)
The SAR Televenture IPO on November 3, 2023 at 7:00:00 PM was subscribed 288.09 times, with the retail category being subscribed 222.10 times, the NII (Non-Institutional Investor) category being subscribed 715.77 times, QIB (Qualified-Institutional Buyers) category being subscribed 77.00 times.
| Category | Subscription |
| QIB | 77.00x |
| NII | 715.77x |
| Retail | 222.10x |
| Total | 288.09x |
SAR Televenture IPO Prospectus
| SAR Televenture IPO DRHP | Download |
| SAR Televenture IPO RHP | Download |
| SAR Televenture IPO Anchor Investors Details PDF | Download |
SAR Televenture IPO Rating
| Our Rating | 3.0/5.0 |
SAR Televenture Company Contact Information
SAR Televenture Limited
Registered Office: P.No – 346A, 2nd Floor, Udyog Vihar,Phase-4, Gurugram,
Haryana – 122016, India .
Telephone: 0124 – 45133283
Corporate Office: B-16, First floor, Noida Sector-2, Uttar Pradesh-201301, India
Telephone: 8587050050
Contact Person: Abhishek Jain, Company Secretary and Compliance Officer
E-mail: info@sarteleventure.com
Website: www.sarteleventure.com
Our Promoter: Corporate Promoter Mg Metalloy Private Limited
SAR Televenture IPO Registrar
Skyline Financial Services Private Limited
Registered Office: D-153A, First Floor, Okhla Industril Area, Phase-I,
New Delhi 110020
Tel: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Investor Grievance Id: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
SAR Televenture IPO Lead Manager
Pantomath Capital Advisors Private Limited
Registered Office: Pantomath Nucleus House, Saki-Vihar Road,
Andheri-East, Mumbai – 400072, Maharashtra, India
Tel: +91-22 6194 6700
Email: ipo@pantomathgroup.com
Website: www.pantomathgroup.com
Investor Grievance Id: ipo@pantomathgroup.com
Contact Person: Punam Thadeshwar/ Bharti Ranga
SEBI Registration No: INM000012110
SAR Televenture IPO FAQs
What is the lot size of SAR Televenture IPO?
The total size of SAR Televenture IPO is ₹24.75 crores and this is a complete fresh Issue.
When will SAR Televenture IPO start?
SAR Televenture IPO will open from 1 November 2023 and IPO will close on 3 November 2023.
What is the open date of SAR Televenture IPO?
SAR Televenture IPO will open date from 1 November 2023.
What is the last date ( close date ) of SAR Televenture IPO?
SAR Televenture IPO will close from 3 November 2023.
What is the price band of SAR Televenture IPO?
SAR Televenture IPO price band is ₹52 to ₹55. ( Upper Price Band: ₹55, Lower Price Band: ₹52 )
What is the minimum amount required to apply for SAR Televenture IPO?
The minimum investment for retailers to apply for SAR Televenture IPO is ₹110,000 and the maximum investment is ₹110,000.
What is going on gray market premium of SAR Televenture IPO?
View gray market premium of SAR Televenture IPO by Clicking Here
How much is the GMP of SAR Televenture IPO?
Watch SAR Televenture IPO GMP Today: Click Here
What is the allotment date of SAR Televenture IPO?
The allotment date of SAR Televenture IPO is 6 November 2023.
How to check allotment status in SAR Televenture IPO?
To check the allotment status of SAR Televenture IPO, first of all go to the registrar website by clicking here, select your bad SAR Televenture IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of SAR Televenture IPO?
The listing date of SAR Televenture IPO is 8 November 2023.
How much will be the listing gain in SAR Televenture IPO?
View listing gain of SAR Televenture IPO by Clicking Here
How much time SAR Televenture IPO is subscribed?
Total 288.09 times subscribed in SAR Televenture IPO out of which 222.10 times subscription was done in retail quota, 715.77 times subscription in NII quota and 77.00 times subscription in QIB quota.
How to apply for SAR Televenture IPO from Upstox?
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How to apply for SAR Televenture IPO from Angle One?
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