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Sunday, October 29, 2023

SAR Televenture Limited IPO

SAR Televenture Limited IPO

SAR Televenture Limited was incorporated with an aim to provide the leasing of 4G/5G towers to Telecom Companies. The company has capability to Construct 4G and 5G Towers which are onward leased to Telecom companies. SAR is also having International operations in Myanmar , ABSA Innovations, a closely held subsidy of SAR in Telecom. We bring in Professional Experiences to deliver the Solutions and Services with no Compromise on Quality and Deliverables. "SAR is already having installed 373 number of 4G/5G Towers which are leased onward to Airtel. Given the expected LOIs from telecom giants like AIRTEL, Vodafone, Jio etc. the company is planning to install another 6000+ number of 5G/4G Towers in next 2 years." SAR, an ISO 9001-2015 and ISO 45001-2018 company, is an emerging organization, started by a group of hard-core Dynamic professionals. Since 2019, SAR Group has successfully grown into a strong company with last FY turnover of more than 25 crores (2022-23). SAR, is registered with DOT and having IP1 license with permission to lease out own build sites i.e. GBT/RTT/Pole sites and ODSC.

Event Minimum Maximum
Lot 1 Lot 1 Lot
Shares 2,000 Shares 2,000 Shares
Amount ₹1,10,000 ₹1,10,000


Company Name Symbol Listing Exchange Issue Size IPO Open Date IPO Closing Date IPO Listing Date
SAR Televenture Limited SARTELE NSE, SME 45,00,000 1 Nov 23 03 Nov 23 08 Nov 23


Face Value Allotment Date Refunds Date Shares Credit in demat Date
₹2 per share 06 Nov 23 07 Nov 23 07 Nov 23

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