SAR Televenture IPO Date, Review, Price, Allotment Details

SAR Televenture was set up with an object 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 is registered as Infrastructure Provider Category-I (IP-I) with the Department of Telecommunication (DOT) which permits us to lease out our build sites i.e. GBT/RTT/Pole sites and Out Door Small Cell (ODSC) and establish and maintain assets such as Dark Fibres, Right of Way, Duct Space and Tower for the purpose to grant on lease or rent or sale basis to the licensees of Telecom Services. They also provided 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. The Company has already installed and commissioned 125, 108, and 140 towers for the year 2020-21, 2021-22, and 2022-23 respectively.

They are a passive telecommunication infrastructure provider in India, engaged primarily in the business of installing and commissioning telecom towers in India. “Passive infrastructure” refers to the telecommunication towers for wireless telecommunication services and Optical Fibre Cable (OFC) is used for the purpose of hosting and assisting in the operation of the active infrastructure used for transmitting telecommunications signals or transporting voice and data traffic. With their quality, cost-effective, and time-bound services, they have gained a presence in the Industry as a Telecom Service Provider (TSP) Vendor. They have provided an aggregate of 373 towers on lease over various areas in West Bengal, Bihar, Uttar Pradesh, and Punjab.

Objects of the Issue:

• Installation of 5G/4G towers.
• Full or part repayment and /or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the company.
• Funding the working capital requirements of the company.
• General Corporate Purposes (GCP).

SAR Televenture IPO Review

• May Apply

SAR Televenture IPO Date & Price Band Details

SAR Televenture IPO Market Lot

The SAR Televenture IPO minimum market lot is 2000 shares with a ₹110,000 application amount.

SAR Televenture IPO Dates

The SAR Televenture IPO date is November 1 and the IPO close date is November 3. The IPO allotment date is November 6 and the IPO might list on November 8.

You can check IPO subscription status and IPO allotment status on their respective pages.

SAR Televenture IPO Form

How to apply SAR Televenture IPO? You can apply SAR Televenture IPO 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 IPO in the Invest section. The other option you can apply SAR Televenture IPO via IPO forms download via the NSE website. Check out the SAR Televenture forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

SAR Televenture Company Financial Report

SAR Televenture IPO Valuation – FY2023

Check SAR Televenture IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Suyog Telematics Limited
• Kore Digital Limited

Company Promoters

• M.G. Metalloy Private Limited

SAR Televenture IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

SAR Televenture IPO Allotment Status

Check SAR Televenture IPO allotment status on Skyline Financial website URL. Click Here

SAR Televenture IPO Lead Managers aka Merchant Bankers

• Pantomath Capital Advisors Pvt Ltd

Company Address

SAR Televenture Limited

P.No – 346A, 2nd Floor
Udyog Vihar, Phase-4,
Gurugram – 122016
Phone: 0124 – 45133283
Email: [email protected]
Website: https://sarteleventure.com/

SAR Televenture IPO FAQs

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