SAR Televenture Limited (STL) is a public limited Indian non-government company that was incorporated in 2019. STL’s registered office is in Gurgaon, Haryana. STL’s parent organization is M.G Metalloy Private Limited.
STL provides telecommunication solutions to telecom network operators. They install and commission 4G and 5G towers, optical fiber cable (OFC) systems, and deal in network equipment across India. STL was founded to revolutionize the telecommunications industry by offering 4G/5G tower leasing services to telecom giants.
STL’s authorized share capital is ₹5,00,00,000.00 (₹5.00 Cr) and its paid up capital is ₹2,10,00,000.00 (₹2.10 Cr). The company’s main line of business is construction.
STL’s directors are: Atul Mathura, Praveen Tandon, Deepak Chaudhary.
STL’s directors are:
Incorporated on May 24, 2019
Located in Gurgaon, Haryana
Authorized share capital of ₹5,00,00,000.00 (₹5.00 Cr)
Paid up capital of ₹2,10,00,000.00 (₹2.10 Cr)
SAR Televenture Limited IPO Timeline
| Particular | Date |
| IPO Open Date | 01 Nov 2023 |
| IPO Close Date | 03 Nov 2023 |
| Allotment Date | 06 Nov 2023 |
| IPO Listing Date | 08 Nov 2023 |
SAR Televenture Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 2 Per Equity Share |
| IPO Price | Rs.52 to Rs.55 Per Equity Share |
| Market Lot | 2000 Share |
| ISIN Code | |
| Listing At | NSE SME |
| Issue Size | Approx. Rs. 25 Crore. |
SAR Televenture Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 2000 | Rs. 110000 |
| Maximum | 1 | 2000 | Rs. 110000 |
| Small HNI (Minimum) | 2 | 4000 | Rs. 220000 |
SAR Televenture Limited IPO Details Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 2420.77 | 410.83 | 144.82 |
| Total Revenue | 3251.63 | 475.35 | 90.71 |
| Profit After Tax | 388.36 | 3.71 | -2.71 |
Company Promoters:
M.G. Metalloy Private Limited is the promoter of the company.
Purpose of the Issue
- Installation of 5G/4G towers.
- Full or part repayment and /or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the company.
- Funding the working capital requirements of the company.
- General Corporate Purposes (GCP).
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| SAR Televenture Limited P.No – 346A, 2nd Floor Udyog Vihar, Phase-4, Gurugram – 122016 Phone: 0124 – 45133283 Email: info@sarteleventure.com Website: https://sarteleventure.com/ | Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
