SAR Televenture Limited
Bookbuilding IPO · NSE
- Price band
- ₹200 - ₹210
- Lot size
- 500 shares
- Issue amount
- ₹150 cr
- Total subscription
- 8.05×
- Opens
- 22 Jul 2024
- Closes
- 24 Jul 2024
- Allotment
- 25 Jul 2024
- Listing
- 29 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 71,42,857 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹1,00,000
- Fresh issue
- ₹150 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,05,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 0
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 500 | ₹1,05,000 |
| HNI | 2 | 1,000 | ₹2,10,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 29.93 | 248.82 |
| RETAIL | 52.37 | 341.36 |
| NIB | 22.44 | 252.82 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 14.2 | 181.28 | 1.78 |
| ROE | 21.81 | 33.2 | -47.94 |
| ROCE | 6.63 | 29.98 | 6.68 |
| RONW | 21.81 | 33.2 | -47.94 |
| PRE IPO(PE) | 14.79 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in May 2019, SAR Televenture Limited provides end-to-end telecommunication solutions, including the installation and commissioning of 4G and 5G towers, Optical Fibre Cable (OFC) systems, and network equipment for operators. As an Infrastructure Provider Category I (IP-I) registered with the Department of Telecommunications (DOT), the company leases built sites and maintains assets such as dark fibers, right of way, duct space, and towers for lease, rent, or sale to telecom licensees. SAR Televenture also delivers project management services for laying ducts and fiber cables, constructing telecom utilities, and turnkey optical fiber projects across Maharashtra. With 413 leased towers across multiple states and ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, the company emphasizes quality and sustainability. Its acquisition of SAR Televentures F.Z.E in the UAE in January 2023 expanded its operations internationally in fiber cable installation and network equipment trading. As of May 31, 2024, SAR Televenture employed 38 professionals across various departments.
Strengths
- Wide Range of Clients: Works with three big telecom companies, creating a stable and diverse customer base.
- High Growth Potential: Well-established in the booming telecom sector, especially with the growing demand for 4G and 5G networks.
- Expanding Presence: Constantly growing business across different regions, increasing market reach and opportunities.
Risk factors
- Customer Dependence: The company relies on a few major telecom service providers. Losing any key customer could seriously affect its business, profits, and future growth.
- Industry Dependence: The company's success depends on the growth of wireless telecom and FTTH services, making it sensitive to changes and slowdowns in these industries.
- Subsidiary Reliance: A large part of the company's revenue comes from its subsidiary. Any negative impact on the subsidiary could hurt the company's overall business, operations, and financial stability.
Promoters
M.G Metalloy Private Limited
Registrar & documents
Lead manager
Pantomath Capital Advisor Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
P. No – 346A, 2 nd Floor,Udyog Vihar, Phase-4, Gurugram-122016
+91 8587050050
[email protected]Company website ↗Understanding SARTELE 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.