SAR Televenture Limited
IPO Details
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₹8(3.81%)
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SAR Televenture Limited's achieved publicly listed status following its IPO debut on Jul 29, 2024 at the NSE platform. The offering successfully mobilized 71,42,857 Shares, with 71,42,857 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹200 to ₹210, starting from minimum lots of 500 shares. The subscription window from Jul 22, 2024 through Jul 24, 2024 enabled investor participation across market segments.
Share allocation was completed on Jul 25, 2024, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in May 2019, SAR Televenture Limited provides end-to-end telecommunication solutions, including the installation and commissioning of 4G and 5G towers, Optical Fibre Cable (OFC) systems, and network equipment for operators. As an Infrastructure Provider Category I (IP-I) registered with the Department of Telecommunications (DOT), the company leases built sites and maintains assets such as dark fibers, right of way, duct space, and towers for lease, rent, or sale to telecom licensees. SAR Televenture also delivers project management services for laying ducts and fiber cables, constructing telecom utilities, and turnkey optical fiber projects across Maharashtra. With 413 leased towers across multiple states and ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, the company emphasizes quality and sustainability. Its acquisition of SAR Televentures F.Z.E in the UAE in January 2023 expanded its operations internationally in fiber cable installation and network equipment trading. As of May 31, 2024, SAR Televenture employed 38 professionals across various departments.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Range of Clients: Works with three big telecom companies, creating a stable and diverse customer base.
- High Growth Potential: Well-established in the booming telecom sector, especially with the growing demand for 4G and 5G networks.
- Expanding Presence: Constantly growing business across different regions, increasing market reach and opportunities.
- Customer Dependence: The company relies on a few major telecom service providers. Losing any key customer could seriously affect its business, profits, and future growth.
- Industry Dependence: The company's success depends on the growth of wireless telecom and FTTH services, making it sensitive to changes and slowdowns in these industries.
- Subsidiary Reliance: A large part of the company's revenue comes from its subsidiary. Any negative impact on the subsidiary could hurt the company's overall business, operations, and financial stability.
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