Sar Televenture - AstroIPO

Sar Televenture SME FPO


July 11, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Sar Televenture Ltd., a telecommunications service provider, is set to launch its IPO from July 22-24, 2024. The company aims to raise Rs. 142.86 – 150.00 crore through a book-building process, offering shares at Rs. 200-210 each.

Investors can apply for a minimum of 500 shares, with a maximum retail subscription of Rs. 5 lakh. The IPO’s face value is Rs. 2, and 71.43 lakh shares are on offer.

Sar Televenture Ltd. is scheduled to list on the NSE. This IPO presents an opportunity for investors interested in the telecom sector, which has seen significant growth and technological advancements in recent years.

Sar Televenture SME FPO Details

IPO Size 150
Price Range ₹200 - ₹210
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 500
Investment (cut-off price) ₹105,000
Pre IPO Promotor Holding 66.27%
Post IPO Promotor Holding --
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Sar Televenture SME FPO Timelines

22/07/2024
Start Date
24/07/2024
End Date
25/07/2024
Allotment Date View Status
26/07/2024
Refund Initiation
26/07/2024
Credit of Shares to Demat Ac
29/07/2024
Listing Date

Sar Televenture SME FPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 500 ₹105,000
Retail Maximum 1 500 ₹105,000
S-HNI Minimum 2 1000 ₹210,000

Sar Televenture SME FPO Subscription Status

QIB NII Retail EMP Total
5.22 x 4.67 x 5.39 x -- 5.15 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹225.05 ₹232.60 ₹236 ₹219.30

Sar Televenture SME FPO Company Financials

Year Total Income Total Expense PAT
FY 20223 ₹4.75 ₹4.73 ₹0.04
FY 2023 ₹32.52 ₹28.24 ₹3.94
FY 2024 ₹124.17 ₹108.10 ₹15.66

About Company

SAR Televenture, a company focused on telecommunications, was established to offer solutions to telecom network operators. Its core activities involve installing and commissioning 4G and 5G towers, optical fiber cable (OFC) systems, and distributing network equipment. SAR Televenture is a player in passive telecommunication infrastructure in India. Its primary business revolves around setting up and commissioning telecom towers.

Furthermore, SAR Televenture offers support services that encompass project management for duct and optic fiber cable installation, construction of essential transmission and telecom utilities, dark fiber leasing, optical fiber network construction, duct, and optic fiber maintenance, and comprehensive optical fiber project services. These services are provided to Telecom Network Operators, BroadBand Service Operators, and ISPs across Maharashtra.

Incorporation Date Sector Managing Director
2019 Telecon Click Here

Know Before Investing

Sar Televenture SME FPO Strengths

  • Growing presence in telecommunications Circles with high growth potential.
  • Established relationships with the clients.
  • The company has an Efficient Business Model.
  • The company has an experienced and dedicated senior team across key functions.

Sar Televenture SME FPO Risks

  • The company has a limited operating history and may be subject to risks inherent in early-stage companies.
  • The company has incurred significant losses since its inception except for the last two fiscal years.
  • It is heavily dependent on factors affecting the wireless telecommunications industry in India.
  • A significant portion of the revenue comes from the subsidiary.
  • Third Party Passive Infrastructure sharing is a new concept in the Indian telecom industry.
  • Higher working capital requirements.
  • Negative cash flows in the past.

Swot Analysis for Sar Televenture SME FPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

SAR Televenture Limited

P. No – 346A, 2 nd Floor
Udyog Vihar,
Phase-4, Gurugram-122016,

Phone: +91 8587050050

Email: [email protected]

Website: https://www.sarteleventure.com/

IPO Registar Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: [email protected]

Website: https://linkintime.co.in/initial_offer/public-issues.html

FAQs

The key objectives of SAR Televenture FPO are:

  • To fund the installation of 5G/4G towers.
  • To repay or prepay the debt obtained including foreclosure charges, if any.
  • For working capital requirements.
  • General corporate purposes.

Pantomath Capital Advisors Pvt Ltd. is the book-running lead managers for the SAR Televenture FPO.

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