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Home All IPOs SAR Televenture Ltd. IPO
SAR Televenture Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹55
Issue Price
₹55
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹55
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
01 Nov 2023
Wed Completed
Done
Close Date
03 Nov 2023
Fri Completed
Done
Allotment
06 Nov 2023
Mon Completed
Done
Refund
07 Nov 2023
Tue Completed
Done
Demat Credit
07 Nov 2023
Tue Completed
Done
Listing Date
08 Nov 2023
Wed Completed
UPI Deadline: 03 Nov 2023
Issue Details
Pricing & Size
Issue Price
₹55 Face ₹2
Lot Size
2,000 shares
Min Investment
₹110,000
Total Issue Size
45,00,000 shares (aggregating up to ₹24.75 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,30,000 (5.11%)
QIB Portion
21,20,000 (47.11%)
NII / HNI
6,50,000 (14.44%)
Retail
15,00,000 (33.33%)
Employee
-
Net Offer to Public
42,70,000 shares (aggregating up to ₹23.49 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,05,00,000 shares
Post-Issue Shareholding
1,50,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,10,000
HNI / NII 2 4,000 ₹2,20,000
Objects of Issue
4 objectives
1
Installation of 5G/4G towers (hereinafter referred to as the “Project”)
12.39 Cr
2
Full or part repayment and /or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by our Company
0.79 Cr
3
Funding the working capital requirements of our Company
4.50 Cr
4
General Corporate Purposes (GCP)
5.30 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd
Market Maker
R.K.Stock Holding Pvt.Ltd
IPO Timeline
Open
01 Nov
✓ Done
Close
03 Nov
✓ Done
Allotment
06 Nov
✓ Done
Listing
08 Nov
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
info@sarteleventure.com
Phone
0124 - 45133283
Address
P.No – 346A, 2nd Floor Udyog Vihar, Phase-4, Gurgaon, Haryana, 122016
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹55
Est. Listing
₹55
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
SAR Televenture Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹55
GMP
+₹0 (+0%)
GMP Est. Listing
₹55
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 21,20,000 (47.11%) ₹1,166.00 Cr
NII / HNI (Total) 6,50,000 (14.44%) ₹357.50 Cr
Retail Investors 15,00,000 (33.33%) ₹825.00 Cr
Total ** 45,00,000 (100.00%) ₹24,750.00 Cr
Market Maker * 2,30,000 (5.11%) ₹12.65 Cr
* Based on ₹55.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
21,20,000 (47.11%)
NII
6,50,000 (14.44%)
Retail
15,00,000 (33.33%)
Market Maker
2,30,000 (5.11%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Jun 202331 Mar 202331 Mar 2022
Revenue1735.353251.63475.35
PAT192.38388.363.71
EBITDA
Net Worth3324.401178.72-7.74
Total Assets4324.772420.77410.83
Reserves3114.401113.42-11.91
Borrowings752.18839.01337.09
Key Financial Ratios
32.95%
RONW
Return on Net Worth
0.65
D/E Ratio
Debt to Equity
91.08
Pre EPS
EPS Pre-Issue
0.6
Pre P/E
P/E Pre-Issue
10.72
Post P/E
P/E Post-Issue
About SAR Televenture Ltd.

SAR Televenture Limited is a provider of telecommunication solutions to Telecom Network Operators. The Company is engaged in the installation and commissioning of 4G and 5G Towers, Optical Fibre Cable (OFC) Systems, and dealing in network equipment.

SAR Televenture is registered as Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT). The company leases out build sites i.e. GBT/RTT/Pole sites and Out Door Small Cell (ODSC) and establishes and maintains assets such as Dark Fibres, Right of Way, Duct Space, and Tower for the purpose of granting on lease or rent or sale basis to the licensees of Telecom Services.

The company also provides project management for laying of the duct and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, maintenance of duct and optic fibre, and optical fibre project turnkey services to various, Telecom Network Operators & Broad Band Service Operators and ISPs across Maharashtra.

SAR Televenture has provided over 373 towers on lease over various areas in West Bengal, Bihar, Uttar Pradesh, and Punjab.

On January 3, 2023, the company acquired 100% of the issued and paid-up equity share capital of SAR Televenture FZE, United Arab Emirates (Formerly known as Shoora International FZE) from Shoora Capital Limited via a Share Purchase agreement. The subsidiary is engaged in the activities of 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.

The company recorded a total revenue from operations of Rs. 3,246.17 Lacs and PAT of Rs. 388.38 Lacs in fiscal 2023.

Frequently Asked Questions
What is the issue price of SAR Televenture Ltd. IPO?
The issue price of SAR Televenture Ltd. IPO is ₹55 per share, face value ₹2.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹110,000.
What are the IPO dates?
Opens 01 Nov 2023, closes 03 Nov 2023.
When is the listing date?
Tentative listing: 08 Nov 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹55 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

SAR Televenture Ltd. IPO · Expected 06 Nov 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
06 Nov 2023
Refund Initiation
07 Nov 2023
Demat Credit
07 Nov 2023
Listing Date
08 Nov 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹55
Face ₹2
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot
Est. Listing
₹55
GMP +₹0
Key Dates
Open
01 Nov Done
Close
03 Nov Done
Listing
08 Nov Done
Registrar
Skyline Financial Services Pvt.Ltd
A
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