Last updated on July 29, 2024
SAR Televenture FPO description – Incorporated in 2019, SAR Televenture was set up to provide 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.
The company offers project management services for laying ducts and optic fiber cables, constructing basic transmission and telecom utilities, leasing dark fiber, building optical fiber networks, maintaining ducts and optic fiber, and providing turnkey services for optical fiber projects. These services cater to Telecom Network Operators, Broadband Service Operators, and ISPs across Maharashtra.
SAR Televenture is registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunications (DOT). The company leases outbuilt sites, including GBT/RTT/Pole sites and Out-Door Small Cells (ODSC). It also establishes and maintains assets such as Dark Fibers, Right of Way, Duct Space, and Towers, which it leases, rents, or sells to telecom service licensees.
As of 31 May 2024, the company has installed a total of 413 leased towers across various locations in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and the Andaman & Nicobar Islands.
Promoters of SAR Televenture – M.G Metalloy Private Limited
Table of Contents
SAR Televenture FPO Details
| SAR Televenture Issue Dates | 22 – 24 July 2024 |
| SAR Televenture FPO Price | INR 200 – 210 per share |
| Fresh issue | 73,98,225 shares (INR 147.96 – 155.36 crore) |
| Offer For Sale | Nil |
| Total FPO size | 73,98,225 shares (INR 147.96 – 155.36 crore) |
| Minimum bid (lot size) | 500 shares (INR 1,05,000) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
SAR Televenture Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 4.73 | 32.46 | 124.12 |
| Expenses | 4.73 | 28.24 | 108.10 |
| Net income | 0.04 | 3.94 | 15.66 |
SAR Televenture Offer News
- SAR Televenture RHP
- SAR Televenture Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
SAR Televenture Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.78 | 181.28 | 14.20 |
| PE ratio | – | – | 14.08 – 14.79 |
| RONW (%) | (47.94) | 33.20 | 21.81 |
| NAV | (3.71) | 36.32 | 47.87 |
| ROCE (%) | 6.68 | 29.98 | 6.63 |
| EBITDA (%) | 13.29 | 17.57 | 14.19 |
| Debt/Equity | (43.57) | 0.37 | 2.48 |
SAR Televenture FPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 27 July 2024 | 7 | – | 4,000 |
| 26 July 2024 | 7 | – | 4,000 |
| 25 July 2024 | 7 | – | 4,000 |
| 24 July 2024 | 20 | – | 9,000 |
| 23 July 2024 | 20 | – | 9,000 |
| 22 July 2024 | 25 | – | 12,000 |
| 20 July 2024 | 25 | – | 12,000 |
| 19 July 2024 | 20 | – | 10,000 |
| 18 July 2024 | 13 | – | 5,000 |
| 17 July 2024 | 16 | – | 6,000 |
| 16 July 2024 | 20 | – | 9,800 |
| 15 July 2024 | 30 | – | 15,000 |
SAR Televenture FPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 14,25,225 | 10,68,750 | 24,93,750 | 49,87,725 |
| 24 Jul 2024 | 8.31 | 11.26 | 6.52 | 8.05 |
| 23 Jul 2024 | 1.15 | 1.42 | 2.58 | 1.92 |
| 22 Jul 2024 | 0.17 | 0.43 | 1.18 | 0.73 |
The market maker reservation portion of 3,75,000 shares and anchor portion of 20,35,500 shares are not included in the above calculations.
SAR Televenture FPO Allotment Status
SAR Televenture FPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
SAR Televenture FPO Dates & Listing Performance
| FPO Opening Date | 22 July 2024 |
| FPO Closing Date | 24 July 2024 |
| Finalization of Basis of Allotment | 25 July 2024 |
| Initiation of refunds | 26 July 2024 |
| Transfer of shares to demat accounts | 26 July 2024 |
| FPO Listing Date | 29 July 2024 |
| Opening Price on NSE SME | INR 225.05 per share (up 7.17%) |
| Closing Price on NSE SME | INR 232.60 per share (up 10.76%) |
SAR Televenture Offer Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki-Vihar Road,
Andheri (East)-400072, Mumbai, Maharashtra, India
Phone: 1800 889 8711
Email:Â [email protected]
Website:Â www.pantomathgroup.com
SAR Televenture Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
SAR Televenture Issue Contact Details
SAR TELEVENTURE LIMITED
B-16, First floor, Noida Sector-2,
Uttar Pradesh-201301, India
Phone: 8587050050
E-mail: [email protected]
Website: www.sarteleventure.com
FPO FAQs
What is the SAR Televenture offer size?
SAR Televenture offer size is INR 147.96 – 155.36 crores.
What is the SAR Televenture offer price band?
SAR Televenture public offer price is INR 200 – 210 per share.
What is the lot size of the SAR Televenture FPO?
SAR Televenture offer lot size is 500 shares.
What is SAR Televenture FPO GMP today?
SAR Televenture FPO GMP today is INR 7 per share.
What is the SAR Televenture kostak rate today?
SAR Televenture kostak rate today is NA per application.
What is SAR Televenture Subject to Sauda rate today?
SAR Televenture Subject to Sauda rate today is INR 4,000 per application.
