SAR Televenture SME FPO Details, Financials, Valuation & Peers

SAR Televenture Limited is a leading telecommunication infrastructure provider in India, specializing in the installation and commissioning of telecom towers and fiber optic networks. Established as a private limited company on May 24, 2019, it was converted to a public limited company and subsequently listed its equity shares on the NSE Emerge Platform on November 08, 2023. The company provides a range of telecommunication solutions and support services to network operators and Internet Service Providers (ISPs) across various Indian states and the Andaman & Nicobar Islands.

Key Points:

• Telecommunication Infrastructure:
  • Engaged in the installation and commissioning of telecom towers.
  • As of May 31, 2024, installed a total of 413 towers across West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands.
• Licensing and Registration:
  • Registered as Infrastructure Provider Category-I (IP-I) with the Department of Telecommunication (DOT).
  • Permitted to lease out build sites (GBT/RTT/Pole sites and Out Door Small Cell), and establish and maintain assets like Dark Fibers, Right of Way, Duct Space, and Towers.
• Support Services:
  • Provides project management for laying duct and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, and maintenance.
  • Offers turnkey services for optic fiber projects to Telecom Network Operators, Broad Band Service Operators, and ISPs.
• International Expansion:
  • Acquired SAR Televentures F.Z.E, UAE (formerly Shoora International – F.Z.E) in January 2023.
  • The subsidiary is engaged in the laying and installation of fiber cables and trading of network equipment.
• New Business Ventures:
  • Entered the Fiber to the Home (FTTH) business, providing high-speed broadband internet directly to households.