SAR Televenture IPO Details | GMP, Date, Price, Review, Allotment

SAR Televenture IPO

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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 EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

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 DateNov 1, 2023 to Nov 3, 2023
Listing DateWednesday, November 8, 2023
Face Value₹2 per share
Price₹52 to ₹55 per share
Lot Size2000 Shares
Issue Size4,500,000 shares of ₹2
(aggregating up to ₹24.75 Cr)
Fresh Issue4,500,000 shares of ₹2
(aggregating up to ₹24.75 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue10,500,000
Share holding post issue15,000,000
Company PromotersM.G. Metalloy Private Limited

SAR Televenture IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% 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.

Opening Date1 November 2023 (Wednesday)
Closing Date3 November 2023 (Friday)
Basis of Allotment6 November 2023 (Monday)
Initiation of Refunds7 November 2023 (Tuesday)
Credit of Shares to Demat7 November 2023 (Tuesday)
Listing Date8 November 2023 (Wednesday)
Deadline for UPI mandate confirmation5 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.

Retail (Min)12000₹110,000
Retail (Max)12000₹110,000
S-HNI (Min)24000₹220,000

SAR Televenture IPO Promoter Holding

The company’s promoters include M.G. Metalloy Private Limited.

Pre Issue Share Holding87.80%
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.

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 Ratio0.65

SAR Televenture IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
1 November 2023₹21
31 October 2023₹20

SAR Televenture IPO Detail Video:


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.


SAR Televenture IPO Prospectus

SAR Televenture IPO DRHPDownload
SAR Televenture IPO RHPDownload
SAR Televenture IPO Anchor Investors Details PDFDownload

SAR Televenture IPO Rating

Our Rating3.0/5.0

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
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
Investor Grievance Id:
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
Investor Grievance Id:
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?

Click Here to see how to apply for SAR Televenture IPO from Upstox. (step by step)

How to apply for SAR Televenture IPO from Zerodha?

Click Here to see how to apply for SAR Televenture IPO from Zerodha. (step by step)

How to apply for SAR Televenture IPO from Angle One?

Click Here to see how to apply for SAR Televenture IPO from Angle One. (step by step)

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