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SARTE-RESME / NSEListed
SAR Televenture

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).

DRHPANCHOR
₹52 - ₹55298.71x sub
Listed Price₹105.00
Listing Gain+90.91%

IPO Schedule & Timeline

Book Built Issue IPO
Open01 Nov 2023
Close03 Nov 2023
Allotment06 Nov 2023
Listing08 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB21,20,000 shares
47.11%
Nii (hni)6,50,000 shares
14.44%
Retail15,00,000 shares
33.33%
Market Maker2,30,000 shares
5.11%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,10,000
HNI2 Lots (4,000 shares)
₹2,20,000

Company Promoters

M.G. Metalloy Private Limited

Company Background

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...

Lead Managers & Bankers

No lead manager records available.

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹1735.35 Cr
Growth+1813.1%
Revenue Trend (₹ in Crores)
0.01.2k2.5k3.7kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 20231,735.35192.384,324.77752.18
Mar 20233,251.63388.362,420.77839.01
Mar 2022475.353.71410.83337.09
Mar 202190.71-2.71144.82136.87

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
091.080%0%0.610.72

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
06 Nov 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
08 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for SAR Televenture. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Nov 2023Trading commences on exchange

How to Check SAR Televenture Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select SAR Televenture from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About SAR Televenture IPO

Complete issue overview for SAR Televenture (SARTE-RE) IPO. The issue features an equity share price band of ₹52 – ₹55 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,10,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions