IPO

SAR Televenture Ltd. IPO

SAR Televenture Ltd., established in 2019, operates in the Telecom Equipments & Accessories sector. The company's IPO opened on November 1, 2023 and closed on November 3, 2023, with an issue price of ... Read more

Min Investment
₹ 33,000 / 600 shares
Price Range
₹52 - ₹ 55
Bidding Dates
1 Nov '23 - 3 Nov '23
Total Issue Value
40.55 Cr
Lot Size
600
Total Issue Size
40.55 Cr
Listing At
NSE SME
Subscription
267.94 times
NSE Price
261.65 (375.73%)

IPO Timeline

  • 1 Nov 2023
    Bidding Starts
  • 3 Nov 2023
    Bidding Ends
  • 25 Jul 2024
    Allotment Finalization
  • 29 Jul 2024
    Listing

About SAR Televenture Ltd.

Our Company was set up with an object to provide telecommunication solutions to telecom network operators for the evolving telecom industry and laying of fibre cables. We are currently a telecommunication infrastructure provider, engaged primarily in the business of installing and commissioning ... Read more

Parent organisation
Founded
SAR Televenture Ltd.
2019

SAR Televenture Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 13,78,000 (18.69%)
Market Makers 2,30,000 (3.12%)
Non Institutional Investors 6,50,000 (8.82%)
Qualified Institutional Buyers (QIBs) 7,42,000 (10.06%)
Retail Individual Investors (RIIs) 15,00,000 (20.34%)

SAR Televenture Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 6.44 Cr 1.07 Cr 51.29 Cr
31 Mar 2023 6.46 Cr 78.77 Lakh 8.23 Cr
31 Mar 2022 4.75 Cr 3.73 Lakh -11.89 Lakh

SAR Televenture Ltd. Background

Our Company was originally incorporated as “SAR Televenture Private Limited” as a private limited company under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated May 24, 2019 issued by the Registrar of Companies, Central Registration Centre. ...

Read more

Major Events And Milestones
  • 2019
    Incorporation of SAR Televenture Private Limited on May 24, 2019.
  • 2023
    Pursuant to the board resolution dated January 03, 2023, our Company acquired 100% stake in M/s SAR Televentures F.Z.E, vide execution of a share purchase agreement dated January 03, 2023. -The Company has offered its Equity Shares through an IPO vide prospectus dated November 06, 2023 and the Equity Shares of our Company were listed on the NSE EMERGE.
SAR Televenture Ltd. Object of Issues

1. Funding Setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes
2. Funding setting up of an additional 1000 number of 4G/5G telecom towers
3. Funding incremental working capital requirement of our Company
4. General Corporate purposes

SAR Televenture Ltd. IPO Listing Details
Listing Date
29 Jul 2024
NSE Symbol
SARTELE
ISIN
INE0PUC01020
Final Issue Price
₹ 55
SAR Televenture Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 55.00
Open - ₹ 105.00
Low - ₹ 105.00
High - ₹ 110.25
Last Trade - ₹ 110.25
SAR Televenture Ltd. Company Promoters

M.G Metalloy Private Limited

Industry Overview

India has witnessed significant growth in the number of internet users over the years. With a large population and rising smartphone penetration, millions of new users are coming online every month, contributing to the expansion of internet penetration. Whereas affordable smartphones and low-cost ... Read more

SAR Televenture Ltd. Contact Details
Address: P.No - 346A, 2nd Floor, Udyog Vihar, Phase-4, Gurugram Haryana - 122016
Phone no:45133283
45133283
|
SAR Televenture Ltd. IPO Registrar
Link intime India Pvt. Ltd.
C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai Maharashtra - 400083
49186200
SAR Televenture Ltd. IPO Lead Manager(s)
Pantomath Capital Advisors Pvt. Ltd.
Pantomath Nucleus House, Sakivihar Road, Andheri East, Mumbai Maharashtra - 400072
61946700

FAQs

When does SAR Televenture Ltd. IPO opens and closes?

SAR Televenture Ltd. IPO opens from 1st November to 3rd November 2023.

What is the size of SAR Televenture Ltd. IPO?

The size of the SAR Televenture Ltd. IPO is ₹40.55 Cr.

What is the price range of SAR Televenture Ltd. IPO?

The price range of SAR Televenture Ltd. IPO is at ₹52 to ₹55 per share.

What is the minimum investment and lot size required for the SAR Televenture Ltd. IPO?

The minimum investment required is ₹33,000 and minimum lot size is 600 shares.

When is SAR Televenture Ltd. IPO listing date?

The SAR Televenture Ltd. IPO will be listed on 29th July 2024.

What is the objective of SAR Televenture Ltd. IPO?

1. Funding Setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes
2. Funding setting up of an additional 1000 number of 4G/5G telecom towers
3. Funding incremental working capital requirement of our Company
4. General Corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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