SAR Televenture Limited
Book Built Issue IPO · NSE
- Price band
- ₹52 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹24.75 cr
- Total subscription
- 298.71×
- Opens
- 1 Nov 2023
- Closes
- 3 Nov 2023
- Allotment
- 6 Nov 2023
- Listing
- 8 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 45,00,000 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹1,04,000
- Fresh issue
- ₹24.75 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,10,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,05,00,000
- Shares after issue
- 1,50,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.08 | 359.14 |
| RETAIL | 8.25 | 1,832.03 |
| NIB | 3.58 | 2,560.1 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | 0 |
|---|---|
| EPS | 91.08 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 32.95 |
| PRE IPO(PE) | 0.6 |
| POST IPO(PE) | 10.72 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2019, SAR Televenture Limited is a telecom infrastructure company providing telecommunication solutions to network operators, mainly engaged in installation and commissioning of 4G and 5G towers, OFC systems, and network equipment. The company is registered as Infrastructure Provider Category I (IP-I) with the Department of Telecommunications, enabling it to lease out tower sites, outdoor small cell sites, dark fibre, duct space and other telecom assets to telecom service licensees. It also offers project management services for laying ducts and optic fibre networks, along with turnkey telecom infrastructure solutions across several states. SAR Televenture has leased over 373 towers across West Bengal, Bihar, Uttar Pradesh and Punjab, and in January 2023, it acquired 100% stake of SAR Televenture FZE, UAE (formerly Shoora International FZE).
Promoters
M.G. Metalloy Private Limited
Registrar & documents
Lead manager
Pantomath Capital Advisors Private limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
P.No – 346A, 2nd Floor Udyog Vihar, Phase-4, Gurugram - 122016
0124 - 45133283
[email protected]Company website ↗Understanding SARTE-RE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.