SAR Televenture was, interalia, set up with an object to provide telecommunication solutions to telecom network operators for the evolving telecom industry and laying of fibre cables. They are currently a telecommunication infrastructure provider, engaged primarily in the business of installing and commissioning telecom towers in India. As of May 31, 2024, they have installed an aggregate 413 number of towers on lease over various areas in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands. The Company is ISO – 9001:2015, ISO 140001: 2015, and ISO 45001: 2018 certified Company. The Company is registered as Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT) which permits them to lease out build sites i.e. GBT/RTT/Pole sites and Out Door Small Cell (ODSC) and establish and maintain assets such as Dark Fibers, Right of Way, Duct Space and Tower for the purpose to grant on lease or rent or sale basis to the telecom service provider companies.
They also provide support services such as including project management for laying of the duct and optic fibre 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.
They also provide support services such as includes project management for laying of the duct and optic fibre 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 &
Broadband Service Operators and ISPs.
Objects of the 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;
- General Corporate purposes.
SAR Televenture FPO Review
- May Apply
SAR Televenture FPO Date & Price Band Details
FPO Open: | July 22, 2024 |
FPO Close: | July 24, 2024 |
FPO Size: | Approx ₹150 Crores, 7,142,857 Equity Shares |
Fresh Issue: | Approx ₹150 Crores, 7,142,857 Equity Shares |
Face Value: | ₹2 Per Equity Share |
FPO Price Band: | ₹200 to ₹210 Per Equity Share |
FPO Listing on: | NSE SME |
Retail Quota: | 35% of the net offer |
QIB Quota: | 50% of the net offer |
NII Quota: | 15% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in FPO: | Click Here |
SAR Televenture FPO Market Lot
The SAR Televenture FPO minimum market lot is 500 shares with a ₹105,000 application amount.
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 FPO Dates
The SAR Televenture FPO date is July 22 and the FPO close date is July 24. The FPO allotment date is July 25 and the FPO might list on July 29.
FPO Open Date: | July 22, 2024 |
FPO Close Date: | July 24, 2024 |
Basis of Allotment: | July 25, 2024 |
Refunds: | July 26, 2024 |
Credit to Demat Account: | July 26, 2024 |
FPO Listing Date: | July 29, 2024 |
You can check FPO subscription status and FPO allotment status on their respective pages.
SAR Televenture FPO Form
How to apply SAR Televenture FPO? You can apply SAR Televenture FPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the SAR Televenture FPO in the Invest section. The other option you can apply SAR Televenture FPO via FPO forms download via the NSE website. Check out the SAR Televenture forms – click NSE FPO Forms download, fill and submit in your bank or with your broker.
SAR Televenture Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2022 | ₹4.75 | ₹4.73 | ₹0.04 |
2023 | ₹32.52 | ₹28.24 | ₹3.94 |
2024 | ₹124.17 | ₹108.10 | ₹15.66 |
SAR Televenture FPO Valuation – FY2024
Check SAR Televenture FPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹14.20 per Equity Share |
Price/Earning P/E Ratio: | 14.08 |
Return on Net Worth (RoNW): | 21.81% |
Net Asset Value (NAV): | ₹47.87 per Equity Share |
Peer Group
- Suyog Telematics Limited
- Kore Digital Limited
Company Promoters
- M.G Metalloy Private Limited
SAR Televenture FPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
SAR Televenture FPO Allotment Status
Check SAR Televenture FPO allotment status on Link Intime website URL. Click Here
SAR Televenture FPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt Ltd
Company Address
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/
One Response
I got all information required for running and coming IPOs.