Open Date

01 Nov 2023

03 Nov 2023

2000 shares

₹24.75 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing Date

Price Range

₹52 to ₹55

Close Date

Allotment Date

06 Nov 2023

08 Nov 2023

IPO Details

SAR Televenture Limited provides telecom network operators with telecommunication solutions. The company installs and commissions 4G and 5G towers, as well as optical fiber cable (OFC) systems and network equipment. SAR Televenture is a Department of Telecommunications (DOT) registered Infrastructure Provider Category I (IP-I). The company leases out build sites, such as 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 Telecom Services to licensees on a lease, rent, or sale basis.

About the Company

SAR Televenture Limited plans to utilize the raised capital from the IPO to: To fund the installation of 5G/4G towers. To repay or prepay the debt obtained including foreclosure charges, if any. For working capital requirements. General corporate purposes.

Objective

The book-running lead managers to the offer are:  Pantomath Capital Advisors Pvt Ltd 

Book Runners

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