Contents
- 1 Table of Contents
- 2 SAR Televenture FPO Details
- 3 SAR Televenture FPO Date
- 4 Lot Size
- 5 SAR Televenture FPO GMP (Grey Market Premium)
- 6 SAR Televenture FPO Subscription Status
- 7 SAR Televenture FPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters of SAR Televenture Limited
- 11 Financial Performance of SAR Televenture Limited
- 12 KPI Of SAR Televenture Limited
- 13 EPS and P/E ratios Pre IPO and Post IPO
- 14 Peer Group
- 15 SAR Televenture Limited FPO Registrar
- 16 SAR Televenture Limited FPO Lead Manager
- 17 SAR Televenture Limited FPO Contact
- 18 SAR Televenture Limited FPO Application Form PDF
- 19 SAR Televenture Limited FPO Review
- 20 FAQs for SAR Televenture Limited FPO
SAR Televenture FPO is a book-built issue valued at Rs 150 crores. The entire issue consists solely of 71.43 lakh fresh shares.
SAR Televenture Limited FPO is open for subscription on July 22, 2024, and closes on July 24, 2024. The allotment for the IPO is expected on July 25, 2024. SAR Televenture FPO will be listed on NSE SME with a listing date fixed as July 29, 2024.
Source from SAR Televenture Limited FPO RHP
Table of Contents
SAR Televenture FPO Details
| SAR Televenture FPO | |
| Open Date | July 22, 2024 |
| Close Date | July 24, 2024 |
| Listing Date | July 25, 2024 |
| IPO Size | A total of Rs 150 crores and 71.43 lakh shares |
| Fresh Issue | 25,95,200 Equity Shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹200 to ₹210 per share |
| IPO Listing on | NSE SME |
| Lot Size | 500 Shares |
| OFS | N.A |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
SAR Televenture FPO Date
- IPO Open Date: July 22, 2024
- IPO Close Date: July 24, 2024
- Allotment: July 25, 2024
- Refunds: July 23, 2024
- Shares Credit to Demat: July 29, 2024
- Listing Date: July 29, 2024
Lot Size
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹105,000 |
| Retail (Max) | 1 | 500 | ₹105,000 |
| HNI (Min) | 2 | 500 | ₹210,000 |
SAR Televenture FPO GMP (Grey Market Premium)
If you want to know SAR Televenture FPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
SAR Televenture FPO Subscription Status
SAR Televenture FPO subscription starts on July 22, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
SAR Televenture FPO Allotment Status
To check the SAR Televenture FPO allotment status go to the IPO registrar website ”LINK INTIME INDIA PRIVATE LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
SAR Televenture Limited started in May 2019 and specializes in telecom solutions for network operators. They set up 4G and 5G towers, install Optical Fibre Cable (OFC) systems, and sell network equipment.
The company is registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunications (DOT). They lease built sites like GBT/RTT/Pole sites and Out-Door Small Cell (ODSC). SAR Televenture also manages assets such as Dark Fibers, Right of Way, Duct Space, and Towers, leasing or selling them to telecom service licensees.
They offer project management for laying ducts and fibre cables, constructing telecom utilities, leasing dark fibre, and building optical fibre networks. Their services cater to Telecom Network Operators, Broadband Service Operators, and ISPs mainly in Maharashtra.
By May 31, 2024, SAR Televenture has installed 413 leased towers across West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands.
The company holds ISO 9001:2015, ISO 140001:2015, and ISO 45001:2018 certifications.
On January 3, 2023, SAR Televenture acquired SAR Televentures F.Z.E, UAE, formerly known as Shoora International -F.Z.E, focusing on fibre cable installation and network equipment trading.
Objects of the Issue
- Customer Acquisition – Marketing & Awareness
- Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company;
- Working Capital Requirements
- General corporate purposes; and
- To meet the Issue expenses.
Promoters of SAR Televenture Limited
M.G. Metalloy Private Limited is the main promoter of SAR Televenture Limited, holding 66.27% of the company’s shares before any new issues.
Financial Performance of SAR Televenture Limited
| Period Ended | 31 Mar 2024 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) |
|---|---|---|---|
| Assets | 26,641.86 | 2,422.42 | 410.83 |
| Revenue | 12,416.97 | 3,251.63 | 475.35 |
| Profit After Tax | 1,566.17 | 393.59 | 3.71 |
| Net Worth | 7,180.41 | 1,185.59 | -7.74 |
| Total Borrowing | 17,787.41 | 444.41 | 337.09 |
This table summarizes SAR Televenture Limited’s financial performance for the years ending March 31, 2022, March 31, 2023, and March 31, 2024, in terms of assets, revenue, profit after tax, net worth, reserves and surplus, and total borrowing.
KPI Of SAR Televenture Limited
| Particular | Fiscal 2024 (₹ Lakhs) | Fiscal 2023 (₹ Lakhs) | Fiscal 2022 (₹ Lakhs) |
|---|---|---|---|
| Revenue from Operations | 12,411.71 | 3,246.17 | 472.89 |
| EBITDA | 1,760.83 | 570.39 | 62.87 |
| EBITDA Margin (%) | 14.19 | 17.57 | 13.29 |
| Profit After Tax (PAT) | 1,566.17 | 393.59 | 3.71 |
| PAT Margin (%) | 12.61 | 12.10 | 0.78 |
| EPS – Basic & Diluted | 14.20 | 181.28 | 1.78 |
| Total Borrowings | 17,787.41 | 444.41 | 337.09 |
| Net Worth | 7,180.41 | 1,185.59 | -7.74 |
| Return on Equity (ROE) (%) | 21.81 | 33.20 | -47.94 |
| Return on Capital Employed (ROCE) (%) | 6.63 | 29.98 | 6.68 |
| Debt – Equity Ratio | 2.48 | 0.37 | -43.57 |
| Fixed Assets Turnover Ratio | 12.87 | 3.83 | 1.68 |
This table summarizes SAR Televenture Limited’s key financial metrics for the fiscal years 2024, 2023, and 2022, providing insights into revenue, profitability, earnings per share, financial leverage, and operational efficiency.
EPS and P/E ratios Pre IPO and Post IPO
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 14.79 | – |
| P/E (x) | – | – |
Peer Group
- Suyog Telematics Limited
- Kore Digital Limited
SAR Televenture Limited FPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
Add: C-101, 247 Park, L B S Marg, Vikhroli West,
Mumbai – 400 083, Maharashtra, India
Tel: +91 810 811 4949
SAR Televenture Limited FPO Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki-Vihar Road, Andheri-East, Mumbai – 400072,
Maharashtra, India.
Tel: 1800 889 8711
SAR Televenture Limited FPO Contact
SAR Televenture Limited
P. No – 346A, 2 nd Floor
Udyog Vihar,
Phase-4, Gurugram-122016,
Phone: +91 8587050050
Email: info@sarteleventure.com
Website: https://www.sarteleventure.com/
SAR Televenture Limited FPO Application Form PDF
To download the SAR Televenture Limited FPO application form Check out the Application Form Download ASBA IPO Forms PDF.
SAR Televenture Limited FPO Review
Update Soon.
FAQs for SAR Televenture Limited FPO
What is the SAR Televenture Limited FPO?
SAR Televenture Limited is conducting a Follow-on Public Offering (FPO) to raise funds for various purposes including customer acquisition, repayment of borrowings, working capital, and general corporate needs. The FPO consists of 25.95 lakh fresh shares with a price band of ₹71 to ₹75 per share.
When is the SAR Televenture Limited FPO open for subscription?
The SAR Televenture FPO opens on July 16, 2024, and closes on July 19, 2024.
What is the lot size for SAR Televenture Limited FPO?
The lot size for SAR Televenture FPO is 1600 shares.
Who are the promoters of SAR Televenture Limited?
M.G. Metalloy Private Limited is the main promoter of SAR Televenture Limited, holding 66.27% of the company’s shares.
