
Information Technology & Telecom · NSE
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.
Price Band
₹200 – ₹210
Issue Size
₹150 Cr
Lot Size
500 shares
GMP
+3.8%
Est. Listing
₹218
at current GMP
Subscribed
8.05x
overall
Open
22 Jul 2024
Close
24 Jul 2024
Allotment
25 Jul 2024
Refund
26 Jul 2024
Demat Credit
27 Jul 2024
Listing
29 Jul 2024
Overall Subscription
8.05x
Total Demand
QIB Multiplier
8.31x
Institutions & Funds
NII / HNI
11.26x
High Net-Worth
Retail (RII)
6.52x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,425,225 | 11,848,500 | 8.31x |
| NIB | 1,068,750 | 12,039,000 | 11.26x |
| RETAIL | 2,493,750 | 16,255,000 | 6.52x |
| Total | 4,987,725 | 40,142,500 | 8.05x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 5,000 | 32,600 | 6.52x |
| HNIs (10L +) | 32 | 360 | 11.26x |
| HNIs (2-10L) | 153 | 1,723 | 11.26x |
| Total Applications | 5,185 | 34,683 | 6.69x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
SAR Televenture Limited is bringing an initial public offering (IPO) in the Information Technology & Telecom sector with an aggregate issue size of ₹150 Crores. The shares are offered at a price band of ₹200 to ₹210 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 500 shares (approx. ₹1,05,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-07-27, while un-allotted funds or UPI block mandates will be released on 2024-07-26.
The latest Grey Market Premium (GMP) for SAR Televenture Limited IPO is ₹8 per equity share. Based on the upper price band of ₹200 to ₹210 per equity share, the estimated listing price is ₹218 (+3.8% expected listing gain).
With a lot size of 500 shares and current GMP of ₹8, the expected profit per application lot is approx ₹4,000 (+3.8% gain). Minimum application cost is approx ₹1,05,000.
The SAR Televenture Limited IPO aggregate issue size is ₹150 Crores with an equity price band set at ₹200 to ₹210 per equity share. The retail lot size is 500 shares requiring a minimum capital outlay of approx. ₹1,05,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.05x (Retail: 6.52x, QIB: 8.31x, NII: 11.26x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-07-25. Investors can verify status using PAN card or application number.
SAR Televenture Limited shares are scheduled to list on NSE on 2024-07-29.