SAR Televenture IPO: Introduction:

Are you looking for high-growth investment opportunities in the Indian stock market? SAR Televenture’s upcoming FPO (Follow-on Public Offer) on the NSE SME platform might be worth considering. This blog dives deep into SAR Televenture, its business model, the FPO details, and crucial factors to analyze before investing.

SAR Televenture IPO: Understanding:

SAR Televenture is a leading provider of telecommunication solutions to telecom network operators. The company has witnessed significant revenue growth, making it an attractive proposition for investors seeking exposure to the booming telecom sector.

SAR Televenture IPO: Key Details:

• Issue Size:
  ₹150 Crore
• Price Band:
  ₹200 – ₹210 per share
• Subscription Dates:
  July 22nd, 2024 – July 24th, 2024 (Today & Tomorrow Only!)
• Listing:
  Tentatively on July 29th, 2024 (NSE SME)

SAR Televenture IPO: Strong Financials and Growth Potential:

Highlight SAR Televenture’s impressive financial performance, showcasing revenue growth and profitability (if available). Emphasize the company’s potential to capitalize on the rising demand for telecom infrastructure and services in India.

Concerning SAR Televenture Ltd. :
Incorporated in May 2019, SAR Televenture Limited provides telecom solutions to network operators. The company deals in network equipment, installs and commissions 4G and 5G towers, as well as optical fibre cable (OFC) systems.

The Department of Telecommunications (DOT) has registered SAR Televenture as an Infrastructure Provider Category. In addition to establishing and maintaining assets like dark fibres, right-of-ways, duct space, and towers to grant on a lease, rent, or sale basis to the licensees of Telecom Services, the company leases out-built sites like GBT/RTT/Pole sites and Out-Door Small Cell (ODSC).

The company provides turnkey optical fibre project services to telecom network operators, broadband service operators, and ISPs throughout Maharashtra. It also manages projects involving the installation of ducts and optic fibre cables, the construction of basic transmission and telecom utilities, the leasing of dark fibre, the building of optical fibre networks, and the maintenance of ducts and optic fibre.

As of May 31, 2024, the organisation had put up 413 leased towers in a variety of locations throughout the Andaman and Nicobar Islands, West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, and Himachal Pradesh.

The company holds ISO 9001:2015, ISO 140001:2015, and ISO 45001:2018 certifications.

To purchase all of the equity share capital of SAR Televentures F.Z.E., United Arab Emirates (previously known as Shoora International F.Z.E.) from Shoora Capital Limited, the company entered into a share purchase agreement on January 3, 2023. Currently, our subsidiary trades network equipment, installs, and lays fiber cables.

38 people work for the company in various departments as of May 31, 2024.

READMORE: Sanstar IPO – The Most Anticipated Public Offering in Delhi This Year

Conclusion:
SAR Televenture’s FPO offers an opportunity to invest in a growing company within the high-potential telecom sector. However, thorough research and due diligence are crucial before making any investment decisions.

Disclaimer:
This blog is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.

Remember:
This FPO closes on July 24th, 2024, so act fast if you’re considering investing.