Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
SAR Televenture IPO
Price Band
₹200.0–210.0
Issue Size
₹149.99 Cr
Lot Size
500 shares
Min Investment
₹105,000
GMP
+₹8.0 (3.81%)
Issue Price
₹210.0
Subject to Sauda
₹3000
Paid only if allotted
SAR Televenture IPO AI Summary
- SAR Televenture IPO is listed on NSE SME in the Telecom - Infrastructure sector.
- Price band: ₹200.0–₹210.0 per share, lot size 500 shares (min. investment ₹105,000).
- Subscription window: 22 Jul–24 Jul 2024, listing on 29 Jul 2024.
- Current GMP is +₹8.0 (3.81%), an estimated listing price of ₹218 — unofficial and can change daily.
SAR Televenture Limited is a growing player in the telecom infrastructure sector, with a focus on 4G and 5G solutions. The company's financials show significant growth in both revenue and profit over recent periods, and it is looking to raise funds for expansion and operational needs through its IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
SAR Televenture IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 24 Jul 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
SAR Televenture IPO Grey Market Premium (GMP) Today
GMP
+₹8.0
GMP %
+3.81%
Est. Listing
₹218.0
Updated: 25 Jul 2026 14:05
About the Company
Incorporated in May 2019, SAR Televenture Limited provides telecommunication solutions for network operators. The company installs and commissions 4G and 5G towers, Optical Fibre Cable (OFC) systems, and deals in network equipment. SAR Televenture is registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunications (DOT). The company leases out built sites such as GBT/RTT/Pole sites and Out-Door Small Cell (ODSC), and it also establishes and maintains assets such as Dark Fibers, Right of Way, Duct Space, and Towers to grant on a lease, rent, or sale basis to the licensees of Telecom Services. The company offers project management services for laying ducts and optic fiber cables, constructing basic transmission and telecom utilities, leasing dark fiber, constructing optical fiber networks, maintaining ducts and optic fiber, and providing optical fiber project turnkey services to Telecom Network Operators, Broadband Service Operators, and ISPs across Maharashtra. As of May 31, 2024, the company has installed a total of 413 leased towers across various areas in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands. The Company is a ISO 9001:2015, ISO 140001: 2015, and ISO 45001: 2018 certified company. On January 3, 2023, the company entered into a share purchase agreement to acquire 100% of the equity share capital of SAR Televentures F.Z.E, United Arab Emirates (formerly known as Shoora International -F.Z.E) from Shoora Capital Limited. Our subsidiary is currently involved in laying and installing fiber cables and trading network equipment. As of May 31, 2024, the company has 38 employees in various departments.
Company Financials (₹ Cr)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 266.42 | 24.22 | 4.11 |
| Total Income | 124.17 | 32.52 | 4.75 |
| Profit After Tax | 15.66 | 3.94 | 0.04 |
| NET Worth | 71.80 | 11.86 | -0.08 |
| Reserves and Surplus | 68.80 | 11.20 | -0.12 |
| Total Borrowing | 177.87 | 4.44 | 3.37 |
Key Ratios
NAV
₹36.11
RoNW
32.95%
P/E Ratio
14.79
PAT Margin
11.94%
Debt/Equity
0.65
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Kore Digital Limited | 186.56 | 15.37% | 47.26 | 34.51 | 34.51 |
| Suyog Telematics Ltd | 267.58 | 21.22% | 17.79 | 59.38 | 59.38 |
| SAR Televenture Limited This IPO | 47.87 | 21.81% | — | 14.2 | 14.2 |
Promoters
M.G Metalloy Pvt.Ltd.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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 the Company; 0.79 3 Funding the working capital requirements of the Company; and 4.50 4 General Corporate Purposes (GCP) 5.30
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income grew from ₹4.75 Cr in the period ending 31 Mar 2022 to ₹32.52 Cr by 31 Mar 2023, and further increased to ₹124.17 Cr by 31 Mar 2024. This indicates a strong upward trend in revenue over the periods analyzed.
Profit Trend
Profit After Tax rose from ₹0.04 Cr for the period ending 31 Mar 2022 to ₹3.94 Cr by 31 Mar 2023, and continued to increase to ₹15.66 Cr by 31 Mar 2024. This consistent growth in profit reflects the company's improving financial performance.
Valuation
At the issue price of ₹210.0, SAR Televenture has an implied P/E ratio of 14.79, compared to peers trading at P/E ratios ranging from 17.79 to 47.26.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. A positive GMP indicates strong demand for the shares, suggesting potential listing gains, while a negative GMP may indicate weaker demand.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to analyze the company's growth potential and market position.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, as it involves inherent risks associated with new and growing businesses.
Listing Gains — The Risk
Listing-day gains can be unpredictable. Factors such as market conditions, investor sentiment, and company performance can all influence the stock price on the day of listing. Investors should be aware that gains are not guaranteed and can fluctuate significantly.
This evaluation is generated from SAR Televenture's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is SAR Televenture IPO GMP today?
SAR Televenture IPO GMP today is +₹8.0 (3.81%), indicating an estimated listing price of ₹218. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of SAR Televenture IPO?
The price band of SAR Televenture IPO is ₹200.0–₹210.0 per share.
When does SAR Televenture IPO open and close?
SAR Televenture IPO opens on 22 July 2024 and closes on 24 July 2024.
When does SAR Televenture IPO list on the stock exchange?
SAR Televenture IPO listed on 29 July 2024 at ₹218.0.
What is the lot size for SAR Televenture IPO?
The lot size for SAR Televenture IPO is 500 shares, requiring a minimum investment of ₹105,000.
What is the price band for the IPO?
The price band for the IPO is ₹200.0 to ₹210.0.
What is the minimum investment required?
The minimum investment required is ₹105,000, which corresponds to a lot size of 500 shares.
When is the IPO open for subscription?
The IPO is open for subscription from July 22, 2024, to July 24, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the shares may trade on the listing day compared to the issue price.
When is the listing date for the shares?
The listing date for the shares is July 29, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
22 Jul 2024
Close
24 Jul 2024
Allotment
25 Jul 2024
Listing
29 Jul 2024
Similar IPOs in Telecom - Infrastructure
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for SAR Televenture?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.