The SAR Televenture FPO is scheduled to open on July 22 and close on July 24. This NSE SME FPO aims to raise ₹150 crores. The price band for the FPO is set at ₹200 to ₹210 per share, with a minimum lot size of 600 shares.
SAR Televenture Overview
SAR Televenture was established to provide telecommunication solutions to network operators and to lay fiber cables for the evolving telecom industry. Currently, they are a telecommunication infrastructure provider, primarily engaged in installing and commissioning telecom towers across India. As of May 31, 2024, they have installed a total of 413 towers in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and the Andaman & Nicobar Islands. The company holds ISO certifications: 9001:2015, 14001:2015, and 45001:2018. Registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT), SAR Televenture is authorized to lease out built sites like GBT/RTT/Pole sites and Out Door Small Cells (ODSC), as well as maintain assets such as dark fibers, right of way, duct space, and towers for telecom service providers.
SAR Televenture also offers support services, including project management for laying ducts and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, maintenance of ducts and optic fiber, and turnkey optical fiber project services for Telecom Network Operators, Broadband Service Operators, and ISPs.
Objects of the Issue:
Funding the setup of Fiber-to-the-Home (FTTH) network solutions for 300,000 Home Passes
Funding the installation of an additional 1000 4G/5G telecom towers
Funding incremental working capital requirements
General corporate purposes
SAR Televenture FPO Review
May Apply
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SAR Televenture FPO Date
| 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 |
SAR Televenture FPO Market Lot
The minimum market lot for the SAR Televenture FPO is 500 shares, with an application amount of ₹105,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 500 | ₹ 1,05,000 |
| Retail Maximum | 1 | 500 | ₹ 1,05,000 |
| S-HNI Minimum | 2 | 1000 | ₹ 2,10,000 |
SAR Televenture FPO Dates
The SAR Televenture FPO will open on July 22 and close on July 24. The allotment date is July 25, and the FPO is expected to list on 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 FPO Valuation – FY2024
Review the valuation details for the SAR Televenture FPO, including Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
| 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: Link Intime
SAR Televenture FPO Allotment Status
Check the SAR Televenture FPO allotment status on the Link Intime website. Click Here
SAR Televenture FPO Lead Managers
Pantomath Capital Advisors Pvt Ltd
Company Address
SAR Televenture Limited
P. No – 346A, 2nd Floor
Udyog Vihar, Phase-4
Gurugram-122016
Phone: +91-8587050050
Email: info@sarteleventure.com
Website: SAR Televenture
SAR Televenture FPO FAQs
What is the SAR Televenture FPO?
The SAR Televenture FPO is an NSE SME offering aimed at raising ₹150 crores. The price band for the FPO is set between ₹200 and ₹210 per equity share, and it will be listed on NSE.
When does the FPO of SAR Televenture open?
The FPO opens on July 22, 2024, for QIB, NII, and retail investors.
What is the investor portion in the SAR Televenture FPO?
The allocation for QIBs is 50%, NII is 15%, and retail investors is 35%.
How to apply for the SAR Televenture FPO?
You can apply through ASBA online via your bank account or through UPI via stock brokers. Offline applications can also be made via stock brokers.
How to apply for the SAR Televenture FPO through Zerodha?
Log in to Zerodha’s Console or app, go to Portfolio, and select the “SAR Televenture” FPO. Click on the Bid Button, enter your UPI ID, quantity, and price, then submit the FPO application. Approve the mandate via your UPI app on Net Banking or BHIM.
How to apply for the SAR Televenture FPO through Upstox?
Log in to the Upstox app with your credentials, select the “SAR Televenture” FPO, click the Bid Button, and confirm your application. Approve the mandate via your UPI app on Net Banking or BHIM.
How to apply for the SAR Televenture FPO through Paytm Money?
Log in to the Paytm Money app, select the “SAR Televenture” FPO, click the Bid Button, and confirm your application. Approve the mandate via your UPI app on Net Banking or BHIM.
