SAR Televenture FPO Details ( SAR Televenture Limited FPO Review )
(22 July 2024 – 24 July 2024)
Founded in May 2019, SAR Televenture Limited specializes in providing top-notch telecommunication solutions. They install and commission 4G and 5G towers, set up Optical Fibre Cable (OFC) systems, and deal in network equipment.
Certifications The company is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, ensuring high standards in quality, environmental management, and occupational health and safety.
Infrastructure Services SAR Televenture is registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunications (DOT). They lease out built sites like GBT/RTT/Pole sites and Out-Door Small Cell (ODSC). The company also manages assets such as Dark Fibers, Right of Way, Duct Space, and Towers, which are available for lease, rent, or sale to telecom service licensees.
Project Management The company offers comprehensive project management services, including:
- Laying ducts and optic fiber cables
- Constructing basic transmission and telecom utilities
- Leasing dark fiber
- Building optical fiber networks
- Maintaining ducts and optic fiber
- Providing turnkey optical fiber project services
These services cater to Telecom Network Operators, Broadband Service Operators, and ISPs across Maharashtra.
Expansion and Reach As of May 31, 2024, SAR Televenture has installed 413 leased towers in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands.
International Presence On January 3, 2023, SAR Televenture acquired SAR Televentures F.Z.E in the United Arab Emirates, formerly known as Shoora International – F.Z.E, from Shoora Capital Limited. This subsidiary focuses on laying and installing fiber cables and trading network equipment.
Team As of May 31, 2024, SAR Televenture employs 38 dedicated staff across various departments.
SAR Televenture Limited FPO Competitive Strength
- Clientele base of three telecom service providers as a part of our portfolio
- Growing its constant presence in telecommunications sector with high growth potential
- Growth of business across jurisdictions
- Experienced and dedicated senior team across key functions
SAR Televenture FPO Financials Performance ( Results )
SAR Televenture Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-22 | 410.83 | 475.35 | 3.71 | -7.74 | -11.91 | 337.09 |
| 31-Mar-23 | 2,422.42 | 3,251.63 | 393.59 | 1,185.59 | 1,120.30 | 444.41 |
| 31-Mar-24 | 26,641.86 | 12,416.97 | 1,566.17 | 7,180.41 | 6,880.41 | 17,787.41 |
Objective of SAR Televenture FPO Issue
- Funding setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes;
- Funding setting up of an additional 1000 number of 4G/5G telecom towers;
- Funding incremental working capital requirement of the Company; and
- General Corporate purposes.
SAR Televenture FPO Basic Details
| IPO Date | July 22, 2024 to July 24, 2024 |
| Listing Date | Monday, July 29, 2024 |
| Face Value | ₹2 per share |
| Price | ₹200 to ₹210 per share |
| Lot Size | 500 shares |
| Issue Size | 7,142,857 shares (aggregating up to ₹150.00 Cr) |
| Fresh Issue | 7,142,857 shares (aggregating up to ₹150.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | M.G Metalloy Private Limited |
SAR Televenture FPO Reservation
| QIB Shares Offered | 50.00% of the Net Issue |
| NII (HNI) Shares Offered | 15.00% of the Net Issue |
| Retail Shares Offered | 35.00% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
SAR Televenture FPO Timetable
SAR Televenture FPO will open on July , 2024 and close on July , 2024. You can join SAR Televenture FPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 22 July 2024 (Monday) |
| Closing Date | 24 July 2024 (Wednesday) |
| Basis of Allotment | 25 July 2024 (Thursday) |
| Initiation of Refunds | 26 July 2024 (Friday) |
| Credit of Shares to Demat | 26 July 2024 (Friday) |
| Listing Date | 29 July 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 24 July 2024 |
SAR Televenture FPO Lot Size
For retail investors in SAR Televenture FPO, 500 shares will come in 1 lot or the minimum investment will be ₹105,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹105,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 500 | ₹105,000 |
| Retail (Max) | 1 | 500 | ₹105,000 |
| S-HNI (Min) | 2 | 1000 | ₹210,000 |
SAR Televenture FPO Promoter Holding
The company’s promoters include M.G Metalloy Private Limited.
| Pre Issue Share Holding | 66.27% |
| Post Issue Share Holding |
SAR Televenture Ltd FPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| P/E Ratio (P/E) (x) | 14.79 |
| Return on Net Worth (RoNW) (%) | 21.81 |
| Return on equity (ROE) (%) | 21.81 |
| Return on Capital Employed (ROCE) (%) | 6.63 |
| Debt/Equity Ratio | 2.48 |
SAR Televenture FPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹27 | – | – |
| 19 July 2024 | ₹27 | – | – |
SAR Televenture FPO Detail Video:
link
SAR Televenture FPO Subscription Status (Bidding Detail)
The SAR Televenture FPO on July 24, 2024 at 6:19:58 PM was subscribed 7.49 times, with the retail category being subscribed 6.52 times, the NII (Non-Institutional Investor) category being subscribed 8.34 times, QIB (Qualified-Institutional Buyers) category being subscribed 8.31 times.
| Category | Subscription |
| QIB | 8.31x |
| NII | 8.34x |
| Retail | 6.52x |
| Total | 7.49x |
SAR Televenture FPO Prospectus
| SAR Televenture FPO DRHP | Download |
| SAR Televenture FPO RHP | Download |
| SAR Televenture FPO Anchor Investors Details PDF | Download |
SAR Televenture FPO Rating
| Our Rating | 3.0/5.0 |
SAR Televenture Company Contact Information
SAR Televenture Limited
Corporate Identity Number: L45202HR2019PLC080514;
Registered Office: P. No – 346A, 2nd Floor, Udyog Vihar, Phase-4, Gurugram-122016 Haryana, India
Corporate Office: B-16, First Floor, Sector-2, Noida – 201301, Uttar Pradesh, India
Telephone: +91 8587050050
Contact Person: Abhishek Jain, Company Secretary and Compliance Officer
E-mail: info@sarteleventure.com
Website: www.sarteleventure.com
SAR Televenture FPO Registrar
Link Intime India Private Limited
Address: C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai – 400 083, Maharashtra, India
Tel: +91 810 811 4949
Website: www.linkintime.co.in
Investor Grievance Email pertaining to Rights Issue: sarteleventure.rights@linkintime.co.in
Investor Grievance Email pertaining to FPO: sarteleventure.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SAR Televenture FPO Lead Manager
Pantomath Capital Advisors Private Limited
Address: Pantomath Nucleus House, Saki-Vihar Road, Andheri-East, Mumbai – 400072, Maharashtra, India.
Tel: 1800 889 8711
Email: sar.composite@pantomathgroup.com
Website: www.pantomathgroup.com
Investor Grievance Id: investors@pantomathroup.com
Contact Person: Amit Maheshwari / Ruchira Singhania
SEBI Registration No: INM000012110
SAR Televenture FPO FAQs
What is the lot size of SAR Televenture FPO?
The total size of SAR Televenture FPO is ₹150.00 crores and this is a complete fresh Issue.
When will SAR Televenture FPO start?
SAR Televenture FPO will open from 22 July 2024 and IPO will close on 24 July 2024.
What is the open date of SAR Televenture FPO?
SAR Televenture FPO will open date from 22 July 2024.
What is the last date ( close date ) of SAR Televenture FPO?
SAR Televenture FPO will close from 24 July 2024.
What is the price band of SAR Televenture FPO?
SAR Televenture FPO price band is ₹200 to ₹210. ( Upper Price Band: ₹210, Lower Price Band: ₹200 )
What is the minimum amount required to apply for SAR Televenture FPO?
The minimum investment for retailers to apply for SAR Televenture FPO is ₹105,000 and the maximum investment is ₹105,000.
What is going on gray market premium of SAR Televenture FPO?
View gray market premium of SAR Televenture FPO by Clicking Here
How much is the GMP of SAR Televenture FPO?
Watch SAR Televenture FPO GMP Today: Click Here
What is the allotment date of SAR Televenture FPO?
The allotment date of SAR Televenture FPO is 25 July 2024.
How to check allotment status in SAR Televenture FPO?
To check the allotment status of SAR Televenture FPO, first of all go to the registrar website by clicking here, select your bad SAR Televenture FPO 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 FPO?
The listing date of SAR Televenture FPO is 29 July 2024.
How much will be the listing gain in SAR Televenture FPO?
View listing gain of SAR Televenture FPO by Clicking Here
How much time SAR Televenture FPO is subscribed?
Total 7.49 times subscribed in SAR Televenture FPO out of which 6.52 times subscription was done in retail quota, 8.34 times subscription in NII quota and 8.31 times subscription in QIB quota.
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