What is the issue size of SAR Televenture IPO?

The issue size of the SAR Televenture IPO is Rs 24.75 cr

What is 'pre-apply' for SAR Televenture IPO?

Pre-apply will alow you to apply for the SAR Televenture IPO 2 days before the subscription period starts.

If I pre-apply for SAR Televenture IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the SAR Televenture IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my SAR Televenture IPO order is placed?

We will notify you when your SAR Televenture IPO order is placed with the exchange.

What are the open and close dates of the for SAR Televenture IPO?

SAR Televenture IPO will be open between 1 Nov - 3 Nov, 2023.

What is the lot size and minimum order quantity of the SAR Televenture IPO?

SAR Televenture Limited IPO lot size is 2000 shares.

What are the allotment dates for the SAR Televenture IPO?

SAR Televenture IPO allotment date is 6 Nov, 2023. For SAR Televenture IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of SAR Televenture IPO?

SAR Televenture IPO registrar is Skyline Financial Services Private Ltd. You can check SAR Televenture IPO allotment status on the website of the registrar.

Where is the SAR Televenture IPO getting listed?

The shares are proposed to be listed on NSE SME.

SAR Televenture SME IPO

SAR Televenture Limited

₹1,04,000 /2000 sharesMinimum Investment

SAR Televenture SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹55.00₹105.00₹50.00 (90.91%)
SAR Televenture SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
1 Nov ‘23 - 3 Nov ‘23₹1,04,0002,000₹52 - ₹55
Issue SizeIPO Doc
24.75CrRHP PDF
About SAR Televenture SMESAR Televenture, a company focused on telecommunications, was established to offer solutions to telecom network operators. Its core activities involve installing and commissioning 4G and 5G towers, optical fiber cable (OFC) systems, and distributing network equipment.
SAR Televenture is a player in passive telecommunication infrastructure in India. Its primary business revolves around setting up and commissioning telecom towers.
Furthermore, SAR Televenture offers support services that encompass project management for duct and optic fiber cable installation, construction of essential transmission and telecom utilities, dark fiber leasing, optical fiber network construction, duct, and optic fiber maintenance, and comprehensive optical fiber project services. These services are provided to Telecom Network Operators, BroadBand Service Operators, and ISPs across Maharashtra.;
Parent Organisation
SAR Televenture Limited
Founded
2019
Managing Director
Mr. Rahul Sahdev
Strengths & Risks
In 2021, SAR Televenture's revenue from operations stood at Rs. 90.71 lakhs, which increased to Rs. 3,246.17 lakhs in 2023. During the same period, its EBITDA also increased from Rs. 10.80 lakhs in 2021 to Rs. 570.42 lakhs in 2023. The company's profit after tax increased from Rs. -2.71 lakhs in 2021 to Rs. 388.38 lakhs in 2023 on a consolidated basis.
SAR Televenture has a strong presence in multiple regions, including West Bengal, Bihar, Uttar Pradesh, and Punjab.
In 2020-21, 2021-22, and 2022-23, the company successfully installed and commissioned 125, 108, and 140 towers, respectively.
As of June 30, 2023, SAR Televenture has nationwide operations with a network of 373 installed towers in India. They have a presence in B-category and C-category Telecommunications Circles.
The company has fostered partnerships with Telecom Service Provider (TPS) Bharti Airtel Limited. In 2023, Bharti Airtel Limited contributed Rs. 61.76 lakhs, in 2022, Rs. 42.59 lakhs, and in 2021, Rs. 9.07 lakhs. These contributions constitute 19.02%, 90.06%, and 100.00% of SAR Televenture's revenue from operations for 2023, 2022, and 2021, respectively.
SAR Televenture has suffered significant losses since its beginning, except for the last two years. They anticipate a substantial increase in operating expenses in the near future, and they may not reach profitability.
The company heavily relies on a small number of customers for a significant part of its operational revenue. The potential loss of any major customer due to adverse developments or reduced business could harm SAR Televenture's business, financial condition, and operational results.
SAR Televenture's business is influenced by factors related to the wireless telecommunications industry in India, especially the growth of its key customers.
A drop in demand for tower infrastructure in India could substantially and negatively affect SAR Televenture's operational outcomes.
As of June 30, 2023, the company had a total outstanding indebtedness of Rs. 130.21 lakhs, comprising both fund-based and non-fund-based, which includes bank guarantees.
Historically, SAR Televenture has experienced negative cash flows from its operating and investment activities.
A decrease in demand for telecom sites would have a direct impact on SAR Televenture's operational results.
SAR Televenture's inability to safeguard its rights to the land/sites where its towers and poles are situated could negatively affect the company's business and operational results.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹52 - 55₹2 Lakh
High Networth Individual₹52 - 55₹2 - 5 Lakh
For SAR Televenture SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹55.00	₹105.00	₹50.00 (90.91%)

Bidding Dates	Min. Investment	Lot Size	Price Range
1 Nov ‘23 - 3 Nov ‘23	₹1,04,000	2,000	₹52 - ₹55

Issue Size	IPO Doc
24.75Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹52 - 55	₹2 Lakh
High Networth Individual	₹52 - 55	₹2 - 5 Lakh

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