SAR Televenture FPO Details: SAR Televenture is set to launch its Follow-on Public Offering (FPO) on July 22, closing on July 24. This NSE SME FPO aims to raise ₹150 crores, with a price band set at ₹200 to ₹210 per share and a market lot of 600 shares.
Established to provide telecommunication solutions to network operators in the evolving telecom industry, SAR Televenture specializes in the installation and commissioning of telecom towers across India. As of May 31, 2024, the company has installed 413 towers on lease in various regions including West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and the Andaman & Nicobar Islands. SAR Televenture holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications and is registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT). This registration allows the company to lease build sites such as GBT/RTT/Pole sites and Out Door Small Cells (ODSC) and manage assets like dark fibers, right of way, duct space, and towers for leasing, renting, or selling to telecom service providers.
Additionally, SAR Televenture offers a range of support services including project management for the installation of duct and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, and maintenance of duct and optic fiber networks. They also provide turnkey optical fiber project services to various telecom network operators, broadband service operators, and ISPs.
SAR Televenture FPO Objectives:
The company proposes to utilize the Net Proceeds towards funding the following objects:
- Funding setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes;
- Funding setting up of an additional 1000 number of 4G/5G telecom towers;
- Funding incremental working capital requirement of the Company; and
- General Corporate purposes.
SAR Televenture FPO Review (Apply or Not)
- Update soon
SAR Televenture FPO Date & Price Band Details:
| FPO Open: | July 22, 2024 |
| FPO Close: | July 24, 2024 |
| FPO Size: | Approx ₹150 Crores, 7,142,857 Equity Shares |
| Fresh Issue: | Approx ₹150 Crores, 7,142,857 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| FPO Price Band: | ₹200 to ₹210 Per Equity Share |
| FPO 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 FPO: | Click Here |
SAR Televenture FPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 500 | ₹105,000 |
| Retail Maximum | 1 | 500 | ₹105,000 |
| S-HNI Minimum | 2 | 1000 | ₹210,000 |
SAR Televenture FPO Timeline:
The SAR Televenture FPO is scheduled to commence on July 22 with a closing date on July 24. Allotment of shares is expected on July 25, and the FPO is anticipated to be listed by July 29.
| FPO Open Date: | July 22, 2024 |
| FPO Close Date: | July 24, 2024 |
| Basis of Allotment: | July 25, 2024 |
| Refunds: | July 26, 2024 |
| Credit to Demat Account: | July 26, 2024 |
| FPO Listing Date: | July 29, 2024 |
SAR Televenture Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹4.75 | ₹4.73 | ₹0.04 |
| 2023 | ₹32.52 | ₹28.24 | ₹3.94 |
| 2024 | ₹124.17 | ₹108.10 | ₹15.66 |
SAR Televenture FPO Valuation – FY2024
Check SAR Televenture FPO 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): | ₹14.20 per Equity Share |
| Price/Earning P/E Ratio: | 14.08 |
| Return on Net Worth (RoNW): | 21.81% |
| Net Asset Value (NAV): | ₹47.87 per Equity Share |
Peer Group
- Suyog Telematics Limited
- Kore Digital Limited
Company Promoters
- M.G Metalloy Private Limited
SAR Televenture FPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sarteleventure.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
SAR Televenture FPO Allotment Status
Check SAR Televenture FPO allotment status on Link Intime website URL. Click Here
SAR Televenture FPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt Ltd
Company Address
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 FPO FAQs
1. What is the SAR Televenture FPO? The SAR Televenture FPO (Follow-on Public Offering) is an opportunity for SAR Televenture to issue additional shares to the public after its initial public offering (IPO).
2. When does the SAR Televenture FPO begin and end? The FPO opens on July 22 and closes on July 24, providing a limited window for investors to subscribe to new shares.
3. How can I participate in the SAR Televenture FPO? To participate, you need to have a Demat account with a registered broker. During the FPO period, you can apply for shares through the broker’s platform or as instructed by SAR Televenture.
4. When will the SAR Televenture FPO shares be allotted? Allotment of shares is expected to occur on July 25, following the closure of the FPO.
5. When will SAR Televenture FPO shares be listed on the stock exchange? The shares are anticipated to be listed and available for trading on July 29, subject to regulatory approvals and market conditions.
6. What is the purpose of SAR Televenture’s FPO? The FPO aims to raise additional capital for SAR Televenture’s expansion plans, debt repayment, or other corporate purposes as outlined in its prospectus.
7. Where can I find more information about SAR Televenture FPO? For detailed information on the FPO process, including pricing, subscription details, and financial disclosures, refer to SAR Televenture’s official communications, prospectus, or consult your financial advisor.
