SAR Televenture IPO Date, Review, Price, Allotment Details

SAR Televenture IPO Details: SAR Televenture IPO date is fixed, The IPO will open on November 1 and will close on November 3. SAR Televenture is an NSE SME IPO to raise ₹24.75 crores via IPO. The SAR Televenture IPO price band is fixed at ₹52 to ₹55 with a market lot of 2000 shares.

SAR Televenture IPO

Table of Contents

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

IPO Open:November 1, 2023
IPO Close:November 3, 2023
IPO Size:Approx ₹24.75 Crores, 4,500,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹52 to ₹55 Per Equity Share
IPO 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 IPO:Click Here

SAR Televenture IPO Market Lot

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

ApplicationLot SizeSharesAmount
Retail Minimum12000₹110,000
Retail Maximum12000₹110,000
S-HNI Minimum24000₹220,000

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.

IPO Open Date:November 1, 2023
IPO Close Date:November 3, 2023
Basis of Allotment:November 6, 2023
Refunds:November 7, 2023
Credit to Demat Account:November 7, 2023
IPO Listing Date:November 8, 2023

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

₹ in Crores
YearRevenueExpensePAT
2020₹0.91₹0.93₹0.03
2021₹4.75₹4.73₹0.04
2022₹32.52₹28.24₹3.88
2023 3M₹17.35₹15.36₹1.92

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.

Earning Per Share (EPS):₹91.08 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):32.95%
Net Asset Value (NAV):₹36.11 per Equity Share

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


What is SAR Televenture IPO?

SAR Televenture IPO is an NSE SME IPO. They are going to raise ₹24.75 Crores via IPO. The issue is priced at ₹52 to ₹55 per equity share. The IPO is to be listed on NSE.

When SAR Televenture IPO will open?

The IPO is to open on November 1, 2023 for QIB, NII, and Retail Investors.

What is SAR Televenture IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the SAR Televenture IPO?

You can apply SAR Televenture IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the SAR Televenture IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “SAR Televenture”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the SAR Televenture IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “SAR Televenture”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the SAR Televenture IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “SAR Televenture”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is SAR Televenture IPO Size?

SAR Televenture IPO size is ₹24.75 crores.

What is SAR Televenture IPO Price Band?

SAR Televenture IPO Price Band is ₹52 to ₹55 per equity share.

What is SAR Televenture IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹110,000.

What is SAR Televenture IPO Allotment Date?

SAR Televenture IPO allotment date is November 6, 2023.

What is SAR Televenture IPO Listing Date?

SAR Televenture IPO listing date is November 8, 2023. The IPO to list on NSE SME.

Note: The SAR Televenture IPO details are announced officially. The IPO grey market premium (SAR Televenture IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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