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Open
1 Nov 2023
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Close
3 Nov 2023
3
Allotment
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Listing
Wed, Nov 8, 2023
Price Band
₹52 to ₹55
Issue Size
45,00,000 shares (agg. up to ₹25 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Nov 8, 2023
Latest GMP
₹53
Est. Gain
96.36%
✦ AI Insight
GMP Trend
08-11-2023₹53Est. ₹108+96.36%
07-11-2023₹53Est. ₹108+96.36%
06-11-2023₹63Est. ₹118+114.55%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 200.13x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 43.25 | 24.21 | 4.11 | 1.45 |
| Total Income | 17.35 | 32.52 | 4.75 | 0.91 |
| Profit After Tax | 1.92 | 3.88 | 0.04 | -0.03 |
| NET Worth | 33.24 | 11.79 | -0.08 | -0.12 |
| Reserves and Surplus | 31.14 | 11.13 | -0.12 | -0.16 |
| Total Borrowing | 7.52 | 8.39 | 3.37 | 1.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bondada Engineering Ltd. | SME | ₹42.72 Cr | ₹75 | 6.56 | ₹149.62 | +99.49% | ₹292.05 (-1.37%) |
| Kore Digital Ltd. | SME | ₹18.00 Cr | ₹180 | 17.86 | ₹190.95 | +6.08% | ₹113.85 (-2.94%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Installation of 5G/4G towers (hereinafter referred to as the “Project”) | 12.39 |
| 2 | Full or part repayment and /or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by our Company | 0.79 |
| 3 | Funding the working capital requirements of our Company | 4.50 |
| 4 | General Corporate Purposes (GCP) | 5.30 |
About SAR Televenture IPO
SAR Televenture Limited is a provider of telecommunication solutions to Telecom Network Operators. The Company is engaged in the installation and commissioning of 4G and 5G Towers, Optical Fibre Cable (OFC) Systems, and dealing in network equipment. SAR Televenture is registered as Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT). The company leases out build sites i.e. GBT/RTT/Pole sites and Out Door Small Cell (ODSC) and establishes and maintains assets such as Dark Fibres, Right of Way, Duct Space, and Tower for the purpose of granting on lease or rent or sale basis to the licensees of Telecom Services. The company also provides project management for laying of the duct and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, maintenance of duct and optic fibre, and optical fibre project turnkey services to various, Telecom Network Operators & Broad Band Service Operators and ISPs across Maharashtra. SAR Televenture has provided over 373 towers on lease over various areas in West Bengal, Bihar, Uttar Pradesh, and Punjab. On January 3, 2023, the company acquire
Contact Details
SAR Televenture Ltd. AddressP.No 346A, 2nd FloorUdyog ViharPhase-4Gurugram, Haryana, 1220160124 - 45133283info@sarteleventure.comVisit Website