SAR Televenture was founded in 2019 with the goal of offering communications solutions to telecom network operators. The company installs and commissions 4G and 5G towers, as well as optical fiber cable (OFC) systems and network equipment.
SAR Televenture also provides project management for duct and optical fiber cable laying, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, duct and optical fiber maintenance, and optical fiber project turnkey services to various telecom network operators broadband service Band Service Operators and ISPs across Maharashtra. SAR has installed 373 4G/5G towers as of March 31, 2023, which are leased to Airtel. In the next two years, the business intends to install an additional 6,000+ 5G/4G
towers. In West Bengal, Bihar, Uttar Pradesh, and Punjab, the business has leased 373 towers.
SAR Televenture IPO Details
| SAR Televenture IPO Dates | 1 – 3 November 2023 |
| SAR Televenture Issue Price | INR 52 – 55 per share |
| Fresh issue | 45,00,000 shares (INR 23.40 – 24.75 crore) |
| Offer For Sale | Nil |
| Total IPO size | 45,00,000 shares (INR 23.40 – 24.75 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 110,000) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
SAR Televenture Financial Performance
| FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 | |
|---|---|---|---|---|
| Revenue | 90.71 | 472.89 | 3,246.17 | 1,731.87 |
| Expenses | 93.34 | 472.62 | 2,824.31 | 1,535.81 |
| Net income | (2.71) | 3.71 | 388.36 | 192.38 |
SAR Televenture Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | – | – | 18.22 |
| PE ratio | – | – | 2.85 – 3.02 |
| RONW (%) | (23.44) | (47.96) | 32.95 |
| NAV | (1.14) | (0.74) | 7.22 |
| EBITDA (%) | 11.91 | 13.30 | 17.57 |
| Debt/Equity | (11.56) | (43.49) | 0.65 |
SAR Televenture IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 30 October 2023 | 15 | – | 22,500 |
SAR Televenture IPO Subscription: Live Updates
- Coming soon
SAR Televenture IPO Dates & Listing Performance
| IPO Opening Date | 1 November 2023 |
| IPO Closing Date | 3 November 2023 |
| Finalization of Basis of Allotment | 6 November 2023 |
| Initiation of refunds | 7 November 2023 |
| Transfer of shares to demat accounts | 8 November 2023 |
| IPO Listing Date | 9 November 2023 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
SAR Televenture Offer Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki-Vihar Road,
Andheri (East)-400072, Mumbai, Maharashtra, India
Phone: +91-22 6194 6700
Email: ipo@pantomathgroup.com
Website: https://www.pantomathgroup.com
SAR Televenture Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi, 110020
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com
SAR Televenture IPO Contact Details
SAR TELEVENTURE LIMITED
B-16, First floor, Noida Sector-2,
Uttar Pradesh-201301, India
Phone: 8587050050
E-mail: info@sarteleventure.com
Website: https://www.sarteleventure.com
SAR Televenture Offers News
- SAR Televenture RHP
- SAR Televenture Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
SAR Televenture IPO FAQs
Q1. What is the SAR Televenture offer size?
Ans. SAR Televenture offer size is INR 23.40 – 24.75 crores.
Q2. What is the SAR Televenture offer price band?
Ans. SAR Televenture public offer price is INR 52–55 per share.
Q3. What is the lot size of the SAR Televenture IPO?
Ans. SAR Televenture offer lot size is 2,000 shares.
Q4. What is the SAR Televenture IPO GMP today?
Ans. SAR Televenture IPO GMP today is INR 15 per share.
Q5. What is the SAR Televenture Kostak rate today?
Ans. SAR Televenture Kostak rate today is NA per application.
Q6. What is SAR Televenture subject to the Sauda rate today?
Ans. SAR Televenture Subject to Sauda rate today is INR 22,500 per application.
