SAR Televenture IPO GMP Today ( Grey Market Premium )

SAR Televenture IPO GMP Today ( Grey Market Premium )

The SAR Televenture IPO commenced on November 1, 2023, and concluded on November 3, 2023. The allotment of shares took place on November 6, 2023, and the initiation of refunds began on November 7, 2023. The shares were credited to the demat accounts of investors on November 7, 2023. Finally, the listing of SAR Televenture on the stock exchange occurred on November 8, 2023.

The SAR Televenture IPO was priced at ₹52 to ₹55 per share, with a lot size of 2000 shares. The total issue size was ₹24.75 crores, comprising a fresh issue of 24.75 crores. The IPO was listed on the NSE SME.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

SAR Televenture IPO Basic Details

Company NameSAR Televenture Limited
Domain of CompanyTelecommunication Solutions Provider
SAR Televenture IPO GMP Today₹21
SAR Televenture IPO Listing Gain38.18%
SAR Televenture IPO Open DateNovember 1, 2023
SAR Televenture IPO Close DateNovember 3, 2023
SAR Televenture IPO Allotment DateNovember 6, 2023
SAR Televenture IPO Listing DateNovember 8, 2023
Face Value₹10 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
Company PromotersM.G. Metalloy Private Limited

SAR Televenture IPO GMP Today:

DateGMPListing GainKostakSubject to
Today₹2138.18%
31 October 2023₹2138.18%

SAR Televenture IPO Details:

SAR Televenture Limited provides telecom solutions to telecom companies. They set up 4G and 5G towers, optical fiber systems, and deal with network equipment.

SAR Televenture is registered as an Infrastructure Provider Category I with the Department of Telecommunication. They lease out sites and assets like Dark Fibres, Right of Way, Duct Space, and Towers to telecom service providers.

They also offer project management for laying cables, building telecom infrastructure, and maintenance services to telecom operators and ISPs in Maharashtra.

SAR Televenture has leased out 373 towers in West Bengal, Bihar, Uttar Pradesh, and Punjab.

On January 3, 2023, the company acquired SAR Televenture FZE in the UAE, which is involved in trading various products.

In fiscal 2023, the company earned a total revenue of Rs. 3,246.17 Lacs and a profit after tax of Rs. 388.38 Lacs.

SAR Televenture IPO More Details Click Here

SAR Televenture IPO FAQs

When is SAR Televenture IPO open?

SAR Televenture IPO will open on 1 November 2023.

When is SAR Televenture IPO Close?

SAR Televenture IPO will be closed on 3 November 2023.

What is SAR Televenture IPO GMP Today?

The SAR Televenture IPO GMP aka Grey Market Premium is ₹21.

What is SAR Televenture IPO Kostak Rates Today?

The SAR Televenture IPO Kostak Rate is ₹000.

What is SAR Televenture IPO Subject to Sauda Price Today?

The SAR Televenture IPO subject to sauda rates is ₹000.

SAR Televenture IPO Expected Returns?

The SAR Televenture expected return is 38.18%.

How much will be the listing gain in SAR Televenture IPO?

SAR Televenture IPO will get listing gain of 38.18%. (Approx.)

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