Last updated on November 8, 2023
SAR Televenture IPO description – Incorporated in 2019, SAR Televenture was set up with the objective of providing 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 also provides support services such as including 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 fiber, and optical fiber project turnkey services to various, Telecom Network Operators & Broad Band Service Operators and ISPs across Maharashtra.
As of 31 March 2023, SAR has installed 373 4G/5G Towers which are leased onward to Airtel. The company is planning to install another 6,000+ 5G/4G Towers in the next 2 years. The company has provided 373 towers on lease in West Bengal, Bihar, Uttar Pradesh, and Punjab.
Promoters of SAR Televenture – M.G Metalloy Private Limited
Table of Contents
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
| Â | 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 Offer News
- SAR Televenture RHP
- SAR Televenture Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
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 |
| 7 November 2023 | 46 | – | 61,000 |
| 6 November 2023 | 38 | – | 42,500 |
| 4 November 2023 | 35 | – | 42,000 |
| 3 November 2023 | 27 | – | 37,000 |
| 2 November 2023 | 28 | – | 38,500 |
| 1 November 2023 | 25 | – | 30,000 |
| 31 October 2023 | 20 | – | 25,000 |
| 30 October 2023 | 15 | – | 22,500 |
SAR Televenture IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 742,000 | 880,000 | 1,500,000 | 3,122,000 |
| 3 Nov 2023 | 88.00 | 528.95 | 222.06 | 276.70 |
| 2 Nov 2023 | 8.50 | 24.58 | 50.47 | 33.20 |
| 1 Nov 2023 | 0.03 | 4.41 | 13.88 | 7.92 |
SAR Televenture IPO Allotment Status
SAR Televenture IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
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 | 8 November 2023 |
| Opening Price on NSE SME | INR 105 per share (up 90.91%) |
| Closing Price on NSE SME | INR 110.25 per share (up 100.45%) |
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:Â [email protected]
Website:Â 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:Â 011-40450193-197
Email:Â [email protected]
Website:Â 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: [email protected]
Website: www.sarteleventure.com
IPO FAQs
What is the SAR Televenture offer size?
SAR Televenture offer size is INR 23.40 – 24.75 crores.
What is the SAR Televenture offer price band?
SAR Televenture public offer price is INR 52 – 55 per share.
What is the lot size of the SAR Televenture IPO?
SAR Televenture offer lot size is 2,000 shares.
What is SAR Televenture IPO GMP today?
SAR Televenture IPO GMP today is INR 46 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 61,000 per application.
It is a bogus share to buy.
Reason is the promoter company M. G. Metalloy original promoters are in CBI, ED SFIO cases. They changed the directors and started IPO in integrated industries ltd and now SAR. They ARE self increasing the value of the shares. Already the matter of integrated is under SEBI intelligence. So before investing. Examine properly these companies.